VS
Compare Franklin Canadian Ultra Short Term Bond Fund (FHIS) vs BMO Core Plus Bond Fund ETF (ZCPB) to find the best fit for your portfolio. FHIS provides Finance, Energy, and Telecommunications exposures, while ZCPB is primarily weighted in Finance, Sovereign, and Municipal. When evaluating costs, FHIS features a management fee (MER) of 0.15%, compared to 0.5% for ZCPB. Performance-wise, FHIS has returned 2.17% year-to-date with +$228 M in net flows, whereas ZCPB is at 0.8% with +$529 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
FHIS
ZCPB
| AuM | $521.90 M | $2,858.19 M |
| Management Fees | 0.15% | 0.50% |
| Exp. ratio | 0.17% | 0.56% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FHIS | +0.21% | +0.53% | +2.17% | +2.57% | +12.61% |
ZCPB | +1.23% | -0.62% | +0.80% | -0.06% | +13.88% | |
| Flows | FHIS | +$92 M | +$140 M | +$228 M | +$248 M | +$411 M |
ZCPB | +$36 M | -$84 M | +$529 M | +$654 M | +$1,640 M |
FHIS vs ZCPB exposure
Countries
FHIS
Canada
54.57%
Other
37.52%
USA
7.91%
ZCPB
Canada
84.47%
USA
7.99%
Other
7.54%
Sectors
FHIS
Finance
43.80%
Other
37.52%
Other
18.68%
ZCPB
Finance
29.00%
Sovereign
22.01%
Municipal
21.23%
Other
27.76%
As of November 3, 2026
Top 10 Holdings
FHIS
Bank of Montreal, 6.034% 7sep2033, CAD (M)
2.05%
Royal Bank of Canada, 5.01% 1feb2033, CAD (26)
1.91%
Goldman Sachs, 2.013% 28feb2029, CAD
1.91%
SmartCentres REIT, 5.354% 29may2028, CAD
1.83%
Manulife Financial Corporation, 5.409% 10mar2033, CAD
1.82%
Canadian Core Real Estate, 3.299% 2mar2027, CAD (1)
1.78%
CA292976X284
1.78%
Royal Bank of Canada, 2.94% 3may2032, CAD (25)
1.78%
Sun Life Financial, 2.58% 10may2032, CAD (2020-1)
1.77%
Sun Life Financial, 2.8% 21nov2033, CAD (2021-2)
1.74%
ZCPB
Canada, Bonds 3.25% 1jun2036, CAD
3.54%
Canada, Bonds 3.5% 1dec2057, CAD
3.18%
Canada, Bonds 3.25% 1jun2035, CAD
3.09%
USA, Notes 4.375% 15may2036, USD (C-2036)
2.26%
Province of Ontario, 3.6% 2jun2035, CAD
2.06%
Canada, Bonds 2.5% 1dec2032, CAD
1.54%
Province of Quebec, 3.25% 1sep2032, CAD (B131)
1.48%
Canada, Bonds 2.75% 1dec2055, CAD
1.36%
US91282CRF04
1.26%
Province of Quebec, 3.5% 1dec2045, CAD (B112)
1.16%
Diversification
FHIS
Total weight of top 10 holdings out of 130 total
18.34%
ZCPB
Total weight of top 10 holdings out of 501 total
20.95%
Characteristics
Compare
FHIS
ZCPB
| Provider | Franklin Templeton | BMO |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.26% | 2.90% |
| Meets ESG criteria | No | No |
| Inception Date | September 12, 2022 | May 29, 2018 |
Frequently asked questions about FHIS and ZCPB
Which ETF has performed better year to date: FHIS or ZCPB?
As of November 3, 2026, FHIS has returned 2.17% year to date, while ZCPB has returned 0.80%. FHIS is ahead on YTD performance.
Which ETF is larger by assets under management: FHIS or ZCPB?
As of November 3, 2026, FHIS manages $521.90 M in assets, while ZCPB manages $2.86 B. ZCPB is the larger fund by AUM.
How are FHIS and ZCPB managed?
FHIS is actively managed by Franklin Templeton. It does not track an index. ZCPB is actively managed by BMO. It does not track an index.
What sectors do FHIS and ZCPB emphasize?
FHIS is most exposed to Finance, Energy, and Telecommunications. ZCPB is most exposed to Finance, Sovereign, and Municipal.
Which ETF is attracting more investor flows: FHIS or ZCPB?
Year to date, FHIS has seen +$228.40 M in net flows, compared with +$528.90 M for ZCPB. ZCPB has attracted more net investor money so far.
How do the fees of FHIS and ZCPB compare?
FHIS has an expense ratio of 0.17%, while ZCPB has an expense ratio of 0.56%.
What are the top holdings of FHIS and ZCPB?
FHIS's largest holdings include Bank of Montreal, 6.034% 7sep2033, CAD (M) and Royal Bank of Canada, 5.01% 1feb2033, CAD (26). ZCPB's top holdings include Canada, Bonds 3.25% 1jun2036, CAD and Canada, Bonds 3.5% 1dec2057, CAD.
Which ETF is more diversified: FHIS or ZCPB?
FHIS holds 83 securities, while ZCPB holds 472. On holdings count, ZCPB is the more diversified portfolio.
Recent articles about FHIS and ZCPB
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