VS
When evaluating costs, FCCB features a management fee (MER) of 0.25%, compared to 0.08% for ZAG. Performance-wise, FCCB has returned 1.41% year-to-date with +$2 B in net flows, whereas ZAG is at 1.21% with +$2 B. 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
FCCB
ZAG
| AuM | $4,994.28 M | $13,607.70 M |
| Management Fees | 0.25% | 0.08% |
| Exp. ratio | 0.29% | 0.09% |
| Tracking Difference | -0.30% | - |
Historical performance and flows
As of November 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCCB | +1.17% | +0.97% | +1.41% | +0.56% | +14.12% |
ZAG | +1.17% | +0.95% | +1.21% | +0.36% | +14.60% | |
| Flows | FCCB | +$124 M | +$473 M | +$2,042 M | +$2,415 M | +$4,758 M |
ZAG | +$261 M | +$393 M | +$1,622 M | +$2,107 M | +$7,686 M |
FCCB vs ZAG exposure
Countries
FCCB
Exposure data will be available soon
ZAG
Canada
95.65%
Sectors
FCCB
Exposure data will be available soon
ZAG
Sovereign
34.55%
Municipal
30.80%
Finance
11.12%
Government Agencies
9.39%
Other
14.14%
As of November 10, 2026
Top 10 Holdings
FCCB
Exposure data will be available soon
ZAG
Canada, Bonds 3% 1jun2034, CAD
4.26%
Canada, Bonds 2.5% 1nov2027, CAD
3.74%
Canada, Bonds 2.25% 1feb2028, CAD
2.97%
Canada, Bond 2.25 1jun2029 10Y
2.92%
Canada, Bonds 2.75% 1dec2055, CAD
2.80%
Canada Housing Trust, 1.1% 15mar2031, CAD (95)
2.69%
Province of Quebec, 3.5% 1dec2048, CAD (B117)
2.35%
Bank of Montreal, 3.19% 1mar2028, CAD
2.25%
Province of Quebec, 2.75% 1sep2028, CAD (B124)
2.23%
Canada, Bonds 2.75% 1mar2030, CAD
2.20%
Diversification
FCCB
Exposure data will be available soon
ZAG
Total weight of top 10 holdings out of 86 total
28.40%
Characteristics
Compare
FCCB
ZAG
| Provider | Fidelity | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Fidelity Canada Systematic Canadian Bond GTR Index - CAD | FTSE Canada Universe Bond TR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.73% | 3.43% |
| Meets ESG criteria | No | No |
| Inception Date | September 25, 2019 | January 19, 2010 |
Frequently asked questions about FCCB and ZAG
Which ETF has performed better year to date: FCCB or ZAG?
As of November 10, 2026, FCCB has returned 1.41% year to date, while ZAG has returned 1.21%. FCCB is ahead on YTD performance.
Which ETF is larger by assets under management: FCCB or ZAG?
As of November 10, 2026, FCCB manages $4.99 B in assets, while ZAG manages $13.61 B. ZAG is the larger fund by AUM.
How are FCCB and ZAG managed?
FCCB is passively managed by Fidelity. It tracks the Fidelity Canada Systematic Canadian Bond GTR Index - CAD benchmark. ZAG is passively managed by BMO. It tracks the FTSE Canada Universe Bond TR Index - CAD benchmark.
Which ETF is attracting more investor flows: FCCB or ZAG?
Year to date, FCCB has seen +$2,041.74 M in net flows, compared with +$1,622.04 M for ZAG. FCCB has attracted more net investor money so far.
How do the fees of FCCB and ZAG compare?
FCCB has an expense ratio of 0.29%, while ZAG has an expense ratio of 0.09%.
Recent articles about FCCB and ZAG
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