VS
Global X Mid-Term U.S. Treasury Premium Yield ETF (MPAY) and BMO BBB CLO ETF (ZBBZ.F) offer distinct profiles for Canadian ETF investors. A direct comparison shows that MPAY focuses its top 3 sector exposures on Sovereign and Non-Corporate, while ZBBZ.F leans towards Industrials, Finance, and Non-Corporate. When evaluating costs, MPAY features a management fee (MER) of 0.4%, compared to 0.45% for ZBBZ.F. Performance-wise, MPAY has returned 0.54% year-to-date with +$0 M in net flows, whereas ZBBZ.F is at 1.65% with +$260 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
MPAY
ZBBZ.F
| AuM | $68.55 M | $306.00 M |
| Management Fees | 0.40% | 0.45% |
| Exp. ratio | 0.56% | 0.45% |
| Tracking Difference | - | - |
Historical performance and flows
As of August 31, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MPAY | +0.59% | -0.58% | +0.54% | +2.62% | - |
ZBBZ.F | +0.23% | +0.93% | +1.65% | - | - | |
| Flows | MPAY | -$3 M | -$8 M | +$0 M | -$5 M | - |
ZBBZ.F | +$221 M | +$221 M | +$260 M | - | - |
MPAY vs ZBBZ.F exposure
Countries
MPAY
Other
56.57%
USA
43.44%
ZBBZ.F
Other
81.21%
USA
17.90%
Sectors
MPAY
Other
56.57%
Sovereign
43.44%
ZBBZ.F
Other
81.21%
Industrials
17.85%
As of August 31, 2026
Top 10 Holdings
MPAY
CA37966J3001
28.87%
CA37893H1047
25.97%
USA, Bills 0% 19nov2026, USD (182D)
8.86%
USA, Bills 0% 11aug2026, USD (119D)
6.02%
USA, Bills 0% 8oct2026, USD (182D)
4.11%
USA, Bills 0% 15oct2026, USD (182D)
4.08%
USA, Bills 0% 20aug2026, USD (182D)
3.59%
USA, Bills 0% 24sep2026, USD (182D)
1.91%
USA, Bills 0% 3sep2026, USD (364D)
1.45%
USA, Bonds 4.125% 15aug2053, USD
0.62%
ZBBZ.F
US74984FAG63
6.06%
US81752T5285
3.54%
US67403CAY12
3.43%
US76857JAJ16
3.43%
US871972AZ80
3.42%
RAD CLO 2024-24A, FRN 30jul2040, USD (21-12A, ABS, C2R)
2.55%
US55954PBA12
2.54%
US149931AL12
2.53%
US403967AA05
2.52%
CIFC Funding 2025-1A, FRN 15apr2038, USD (25-2A, ABS, D2)
2.49%
Diversification
MPAY
Total weight of top 10 holdings out of 57 total
85.47%
ZBBZ.F
Total weight of top 10 holdings out of 917 total
32.52%
Characteristics
Frequently asked questions about MPAY and ZBBZ.F
Which ETF has performed better year to date: MPAY or ZBBZ.F?
As of August 31, 2026, MPAY has returned 0.54% year to date, while ZBBZ.F has returned 1.65%. ZBBZ.F is ahead on YTD performance.
Which ETF is larger by assets under management: MPAY or ZBBZ.F?
As of August 31, 2026, MPAY manages $68.55 M in assets, while ZBBZ.F manages $306.00 M. ZBBZ.F is the larger fund by AUM.
How are MPAY and ZBBZ.F managed?
MPAY is actively managed by Global X. It does not track an index. ZBBZ.F is actively managed by BMO. It does not track an index.
What sectors do MPAY and ZBBZ.F emphasize?
MPAY is most exposed to Sovereign and Non-Corporate. ZBBZ.F is most exposed to Industrials, Finance, and Non-Corporate.
Which ETF is attracting more investor flows: MPAY or ZBBZ.F?
Year to date, MPAY has seen +$0.30 M in net flows, compared with +$259.95 M for ZBBZ.F. ZBBZ.F has attracted more net investor money so far.
How do the fees of MPAY and ZBBZ.F compare?
MPAY has an expense ratio of 0.56%, while ZBBZ.F has an expense ratio of 0.45%.
What are the top holdings of MPAY and ZBBZ.F?
MPAY's largest holdings include USA, Bills 0% 19nov2026, USD (182D) and USA, Bills 0% 11aug2026, USD (119D). ZBBZ.F's top holdings include RAD CLO 2024-24A, FRN 30jul2040, USD (21-12A, ABS, C2R) and CIFC Funding 2025-1A, FRN 15apr2038, USD (25-2A, ABS, D2).
Which ETF is more diversified: MPAY or ZBBZ.F?
MPAY holds 56 securities, while ZBBZ.F holds 75. On holdings count, ZBBZ.F is the more diversified portfolio.
Recent articles about MPAY and ZBBZ.F
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