VS
When evaluating costs, IGAF features a management fee (MER) of 0.85%, compared to 0.25% for ZBI. Performance-wise, IGAF has returned 7.8% year-to-date with -$3 M in net flows, whereas ZBI is at 2.08% with +$76 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
IGAF
ZBI
| AuM | $40.14 M | $239.97 M |
| Management Fees | 0.85% | 0.25% |
| Exp. ratio | 1.05% | 0.27% |
| Tracking Difference | - | -0.26% |
Historical performance and flows
As of October 19, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | IGAF | +0.16% | -0.07% | +7.80% | +8.15% | +53.71% |
ZBI | -0.05% | -0.06% | +2.08% | +2.68% | +26.63% | |
| Flows | IGAF | -$0 M | +$0 M | -$3 M | -$15 M | -$8 M |
ZBI | +$16 M | +$70 M | +$76 M | +$114 M | +$224 M |
IGAF vs ZBI exposure
Countries
IGAF
Exposure data will be available soon
ZBI
Canada
100.00%
Sectors
IGAF
Exposure data will be available soon
ZBI
Finance
100.00%
As of October 19, 2026
Top 10 Holdings
IGAF
Exposure data will be available soon
ZBI
Toronto-Dominion Bank, 3.6% 31oct2081, CAD (1)
3.26%
Toronto-Dominion Bank, 7.283% 31oct2082, CAD (2)
3.02%
Bank of Nova Scotia, 7.023% 27jul2082, CAD
2.99%
Toronto-Dominion Bank, 5.918% 31jul2086, CAD (7)
2.50%
Bank of Nova Scotia, 3.7% 27jul2081, CAD (1)
2.49%
Bank of Montreal, 7.325% 26nov2082, CAD (3)
2.06%
Royal Bank of Canada, 3.65% 24nov2081, CAD (3)
1.83%
CIBC, 7.15% 28jul2082, CAD (3)
1.63%
Bank of Montreal, 5.625% 26may2082, CAD (2)
1.47%
Toronto-Dominion Bank, 5.909% 31jan2085, CAD (5)
1.46%
Diversification
IGAF
Exposure data will be available soon
ZBI
Total weight of top 10 holdings out of 166 total
22.72%
Characteristics
Compare
IGAF
ZBI
| Provider | IA Clarington | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Canada Bank Income Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.09% | 4.51% |
| Meets ESG criteria | No | No |
| Inception Date | November 4, 2019 | January 17, 2022 |
Frequently asked questions about IGAF and ZBI
Which ETF has performed better year to date: IGAF or ZBI?
As of October 19, 2026, IGAF has returned 7.80% year to date, while ZBI has returned 2.08%. IGAF is ahead on YTD performance.
Which ETF is larger by assets under management: IGAF or ZBI?
As of October 19, 2026, IGAF manages $40.14 M in assets, while ZBI manages $239.97 M. ZBI is the larger fund by AUM.
How are IGAF and ZBI managed?
IGAF is actively managed by IA Clarington. It does not track an index. ZBI is passively managed by BMO. It tracks the Solactive Canada Bank Income Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: IGAF or ZBI?
Year to date, IGAF has seen -$3.47 M in net flows, compared with +$75.60 M for ZBI. ZBI has attracted more net investor money so far.
How do the fees of IGAF and ZBI compare?
IGAF has an expense ratio of 1.05%, while ZBI has an expense ratio of 0.27%.
Recent articles about IGAF and ZBI
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