VS
CIBC 2027 Investment Grade Bond Fund (CTBC) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CTBC focuses its top 3 sector exposures on Banks, Real estate investment and services, and Power, while ZEB leans towards Finance. When evaluating costs, CTBC features a management fee (MER) of 0.15%, compared to 0.25% for ZEB. Performance-wise, CTBC has returned 1.44% year-to-date with +$33 M in net flows, whereas ZEB is at 30.51% with +$33 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
CTBC
ZEB
| AuM | $84.57 M | $6,973.30 M |
| Management Fees | 0.15% | 0.25% |
| Exp. ratio | 0.23% | 0.28% |
| Tracking Difference | - | -0.65% |
Historical performance and flows
As of July 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CTBC | +0.17% | +0.96% | +1.44% | +3.04% | - |
ZEB | -0.44% | +16.59% | +30.51% | +64.53% | +142.57% | |
| Flows | CTBC | +$12 M | +$27 M | +$33 M | +$56 M | - |
ZEB | +$626 M | +$930 M | +$33 M | +$333 M | -$774 M |
CTBC vs ZEB exposure
Countries
CTBC
Canada
88.82%
Other
11.18%
ZEB
Canada
100.00%
Sectors
CTBC
Banks
19.19%
Real estate investment and services
17.27%
Other
63.54%
ZEB
Finance
100.00%
As of July 29, 2026
Top 10 Holdings
CTBC
Ontario Teachers Finance Trust, 1.1% 19oct2027, CAD
5.48%
John Deere Financial Inc., 1.34% 8sep2027, CAD
5.18%
Bank of Nova Scotia, 1.4% 1nov2027, CAD
4.98%
Dream Industrial REIT, 2.057% 17jun2027, CAD
4.92%
Heathrow Funding, 2.694% 13oct2027, CAD (MPLE, ABS)
4.85%
Bell Canada, 1.65% 16aug2027, CAD (M-53)
4.78%
Saputo, 2.242% 16jun2027, CAD (7)
4.48%
RioCan REIT, 2.361% 10mar2027, CAD (AC)
4.30%
Dream Summit Industrial, 2.25% 12jan2027, CAD (C)
4.28%
Canadian Western Bank, 1.818% 16dec2027, CAD
4.27%
ZEB
The Toronto-Dominion Bank
17.42%
Royal Bank of Canada
17.32%
Bank of Montreal
17.15%
The Bank of Nova Scotia
16.61%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.70%
Diversification
CTBC
Total weight of top 10 holdings out of 32 total
47.53%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
CTBC
ZEB
| Provider | CIBC | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.83% | 2.32% |
| Meets ESG criteria | No | No |
| Inception Date | July 16, 2024 | October 20, 2009 |
Frequently asked questions about CTBC and ZEB
Which ETF has performed better year to date: CTBC or ZEB?
As of July 29, 2026, CTBC has returned 1.44% year to date, while ZEB has returned 30.51%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: CTBC or ZEB?
As of July 29, 2026, CTBC manages $84.57 M in assets, while ZEB manages $6.97 B. ZEB is the larger fund by AUM.
How are CTBC and ZEB managed?
CTBC is actively managed by CIBC. It does not track an index. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do CTBC and ZEB emphasize?
CTBC is most exposed to Banks, Real estate investment and services, and Power. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: CTBC or ZEB?
Year to date, CTBC has seen +$33.01 M in net flows, compared with +$32.79 M for ZEB. CTBC has attracted more net investor money so far.
How do the fees of CTBC and ZEB compare?
CTBC has an expense ratio of 0.23%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of CTBC and ZEB?
CTBC's largest holdings include Ontario Teachers Finance Trust, 1.1% 19oct2027, CAD, John Deere Financial Inc., 1.34% 8sep2027, CAD, and Bank of Nova Scotia, 1.4% 1nov2027, CAD. ZEB's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: CTBC or ZEB?
CTBC holds 32 securities, while ZEB holds 6. On holdings count, CTBC is the more diversified portfolio.
Recent articles about CTBC and ZEB
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