VS
CI U.S. Treasury Inflation-Linked Bond Index ETF (CTIP) and BMO Long-Term US Treasury Bond Index ETF (ZTL.U) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CTIP focuses its top 3 sector exposures on Sovereign, while ZTL.U leans towards Sovereign. When evaluating costs, CTIP features a management fee (MER) of 0.15%, compared to 0.2% for ZTL.U. Performance-wise, CTIP has returned 1.92% year-to-date with -$19 M in net flows, whereas ZTL.U is at 5.13% with -$4 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
CTIP
ZTL.U
| AuM | $10.22 M | $22.85 M |
| Management Fees | 0.15% | 0.20% |
| Exp. ratio | 0.17% | 0.22% |
| Tracking Difference | 0.16% | -0.00% |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CTIP | -0.18% | -1.91% | -1.92% | -2.86% | +9.26% |
ZTL.U | -0.69% | -3.85% | -5.13% | -8.20% | +5.55% | |
| Flows | CTIP | +$0 M | -$7 M | -$19 M | +$3 M | -$13 M |
ZTL.U | -$1 M | +$1 M | -$4 M | -$5 M | -$15 M |
CTIP vs ZTL.U exposure
Countries
CTIP
USA
98.50%
ZTL.U
USA
100.00%
Sectors
CTIP
Sovereign
98.50%
ZTL.U
Sovereign
100.00%
As of October 16, 2026
Top 10 Holdings
CTIP
USA, TIPS 2.125% 15apr2029, USD (X-2029)
4.64%
USA, TIPS 1.25% 15apr2028, USD (X-2028)
4.24%
USA, TIPS 1.875% 15jul2035, USD (D-2035)
4.06%
USA, TIPS 2.125% 15jan2035, USD (A-2035)
4.01%
USA, TIPS 1.875% 15jan2036, USD (A-2036)
3.99%
USA, TIPS 0.5% 15jan2028, USD (A-2028)
3.87%
USA, TIPS 1.875% 15jul2034, USD (D-2034)
3.77%
USA, TIPS 0.125% 15jan2032, USD (A-2032)
3.68%
USA, TIPS 1.125% 15oct2030, USD (AE-2030)
3.44%
USA, TIPS 1.25% 15apr2031, USD (X-2031)
3.40%
ZTL.U
USA, Bonds 4.75% 15feb2056, USD
4.13%
USA, Bonds 4.75% 15aug2055, USD
4.12%
USA, Bonds 5% 15may2056, USD
4.04%
USA, Bonds 4.625% 15feb2055, USD
4.04%
USA, Bonds 4.75% 15may2055, USD
3.88%
USA, Bonds 4.75% 15nov2053, USD
3.88%
USA, Bonds 4.625% 15may2054, USD
3.81%
USA, Bonds 4.625% 15nov2055, USD
3.80%
USA, Bonds 4.25% 15feb2054, USD
3.80%
USA, Bonds 4.25% 15aug2054, USD
3.80%
Diversification
CTIP
Total weight of top 10 holdings out of 42 total
39.10%
ZTL.U
Total weight of top 10 holdings out of 40 total
39.30%
Characteristics
Compare
CTIP
ZTL.U
| Provider | CI | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive US Treasury Inflation-Linked Bond Hedged to CAD TR Index - CAD | Bloomberg U.S. Treasury 20+ Year Total Return Index - USD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.64% | 3.46% |
| Meets ESG criteria | No | No |
| Inception Date | August 31, 2021 | February 28, 2017 |
Frequently asked questions about CTIP and ZTL.U
Which ETF has performed better year to date: CTIP or ZTL.U?
As of October 16, 2026, CTIP has returned -1.92% year to date, while ZTL.U has returned -5.13%. CTIP is ahead on YTD performance.
Which ETF is larger by assets under management: CTIP or ZTL.U?
As of October 16, 2026, CTIP manages $10.22 M in assets, while ZTL.U manages $22.85 M. ZTL.U is the larger fund by AUM.
How are CTIP and ZTL.U managed?
CTIP is passively managed by CI. It tracks the Solactive US Treasury Inflation-Linked Bond Hedged to CAD TR Index - CAD benchmark. ZTL.U is passively managed by BMO. It tracks the Bloomberg U.S. Treasury 20+ Year Total Return Index - USD benchmark.
What sectors do CTIP and ZTL.U emphasize?
CTIP is most exposed to Sovereign. ZTL.U is most exposed to Sovereign.
Which ETF is attracting more investor flows: CTIP or ZTL.U?
Year to date, CTIP has seen -$19.11 M in net flows, compared with -$4.34 M for ZTL.U. ZTL.U has attracted more net investor money so far.
How do the fees of CTIP and ZTL.U compare?
CTIP has an expense ratio of 0.17%, while ZTL.U has an expense ratio of 0.22%.
What are the top holdings of CTIP and ZTL.U?
CTIP's largest holdings include USA, TIPS 2.125% 15apr2029, USD (X-2029), USA, TIPS 1.25% 15apr2028, USD (X-2028), and USA, TIPS 1.875% 15jul2035, USD (D-2035). ZTL.U's top holdings include USA, Bonds 4.75% 15feb2056, USD, USA, Bonds 4.75% 15aug2055, USD, and USA, Bonds 5% 15may2056, USD.
Which ETF is more diversified: CTIP or ZTL.U?
CTIP holds 42 securities, while ZTL.U holds 40. On holdings count, CTIP is the more diversified portfolio.
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.