VS
When evaluating costs, ILGB features a management fee (MER) of 0.7%, compared to 0.08% for ZAG. Performance-wise, ILGB has returned 2.86% year-to-date with -$1 M in net flows, whereas ZAG is at 0.07% with +$1 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
ILGB
ZAG
| AuM | $15.95 M | $13,325.77 M |
| Management Fees | 0.70% | 0.08% |
| Exp. ratio | 0.95% | 0.09% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ILGB | -1.30% | -2.25% | -2.86% | -3.25% | +17.78% |
ZAG | -0.07% | -1.12% | -0.07% | -1.25% | +15.82% | |
| Flows | ILGB | -$1 M | -$2 M | -$1 M | -$1 M | -$2 M |
ZAG | +$80 M | +$431 M | +$1,471 M | +$1,976 M | +$7,516 M |
ILGB vs ZAG exposure
Countries
ILGB
Exposure data will be available soon
ZAG
Canada
95.65%
Sectors
ILGB
Exposure data will be available soon
ZAG
Sovereign
34.55%
Municipal
30.89%
Finance
11.07%
Government Agencies
9.38%
Other
14.10%
As of October 20, 2026
Top 10 Holdings
ILGB
Exposure data will be available soon
ZAG
Canada, Bonds 3% 1jun2034, CAD
4.28%
Canada, Bonds 2.5% 1nov2027, CAD
3.69%
Canada, Bonds 2.25% 1feb2028, CAD
2.94%
Canada, Bond 2.25 1jun2029 10Y
2.90%
Canada, Bonds 2.75% 1dec2055, CAD
2.84%
Canada Housing Trust, 1.1% 15mar2031, CAD (95)
2.68%
Province of Quebec, 3.5% 1dec2048, CAD (B117)
2.38%
Bank of Montreal, 3.19% 1mar2028, CAD
2.22%
Province of Quebec, 2.75% 1sep2028, CAD (B124)
2.21%
Canada, Bonds 2.75% 1mar2030, CAD
2.19%
Diversification
ILGB
Exposure data will be available soon
ZAG
Total weight of top 10 holdings out of 86 total
28.34%
Characteristics
Compare
ILGB
ZAG
| Provider | IA Clarington | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | FTSE Canada Universe Bond TR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.48% | 3.48% |
| Meets ESG criteria | No | No |
| Inception Date | August 25, 2021 | January 19, 2010 |
Frequently asked questions about ILGB and ZAG
Which ETF has performed better year to date: ILGB or ZAG?
As of October 20, 2026, ILGB has returned -2.86% year to date, while ZAG has returned -0.07%. ZAG is ahead on YTD performance.
Which ETF is larger by assets under management: ILGB or ZAG?
As of October 20, 2026, ILGB manages $15.95 M in assets, while ZAG manages $13.33 B. ZAG is the larger fund by AUM.
How are ILGB and ZAG managed?
ILGB is actively managed by IA Clarington. It does not track an index. ZAG is passively managed by BMO. It tracks the FTSE Canada Universe Bond TR Index - CAD benchmark.
Which ETF is attracting more investor flows: ILGB or ZAG?
Year to date, ILGB has seen -$0.79 M in net flows, compared with +$1,471.13 M for ZAG. ZAG has attracted more net investor money so far.
How do the fees of ILGB and ZAG compare?
ILGB has an expense ratio of 0.95%, while ZAG has an expense ratio of 0.09%.
Recent articles about ILGB and ZAG
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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.