VS
CI North American Core Plus Bond ETF (ONEB) and BMO Corporate Bond Index ETF (ZCB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ONEB focuses its top 3 sector exposures on Sovereign, Finance, and Municipal, while ZCB leans towards Finance, Energy, and Industrials. When evaluating costs, ONEB features a management fee (MER) of 0.55%, compared to 0.15% for ZCB. Performance-wise, ONEB has returned 1.11% year-to-date with +$12 M in net flows, whereas ZCB is at 1.49% with +$496 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
ONEB
ZCB
| AuM | $94.69 M | $2,165.75 M |
| Management Fees | 0.55% | 0.15% |
| Exp. ratio | 0.63% | 0.17% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ONEB | +0.71% | +0.59% | +1.11% | +0.63% | +12.29% |
ZCB | +0.85% | +0.87% | +1.49% | +1.18% | +19.07% | |
| Flows | ONEB | +$0 M | +$2 M | +$12 M | +$12 M | +$7 M |
ZCB | -$1 M | +$140 M | +$496 M | +$756 M | +$2,117 M |
ONEB vs ZCB exposure
Countries
ONEB
Canada
87.51%
USA
7.67%
ZCB
Canada
91.60%
USA
7.35%
Sectors
ONEB
Sovereign
28.88%
Finance
22.80%
Municipal
12.83%
Other
35.49%
ZCB
Finance
45.09%
Energy
21.95%
Industrials
8.27%
Other
24.69%
As of November 10, 2026
Top 10 Holdings
ONEB
CA17167D1042
44.59%
Canada, Bonds 2.5% 1dec2032, CAD
7.20%
Canada, Bonds 2.75% 1mar2030, CAD
3.58%
Canada, Bonds 2.5% 1aug2027, CAD
3.06%
AltaGas, 3.98% 4oct2027, CAD (18)
2.59%
Bank of America Corporation, 3.615% 16mar2028, CAD (N)
2.53%
TELUS, 3.625% 1mar2028, CAD (CX)
2.52%
Dollarama Inc., 1.505% 20sep2027, CAD
2.48%
TransCanada PipeLines, 3.39% 15mar2028, CAD
2.42%
TransCanada PipeLines, 5.277% 15jul2030, CAD
2.28%
ZCB
Royal Bank of Canada, 5.228% 24jun2030, CAD
4.54%
Toronto-Dominion Bank, 5.491% 8sep2028, CAD
4.50%
Bank of Nova Scotia, 4.442% 15nov2035, CAD
4.28%
Alimentation Couche-Tard, 4.603% 25jan2029, CAD (8)
3.32%
Hydro One Inc, 4.25% 4jan2035, CAD (60)
3.20%
Choice Properties REIT, 6.003% 24jun2032, CAD (R)
2.33%
Rogers Communications, 5.8% 21sep2030, CAD
2.30%
TransCanada PipeLines, 5.33% 12may2032, CAD
2.27%
TransCanada PipeLines, 5.277% 15jul2030, CAD
2.26%
Enbridge, 5.75% 2sep2039, CAD
2.24%
Diversification
ONEB
Total weight of top 10 holdings out of 1,209 total
73.24%
ZCB
Total weight of top 10 holdings out of 66 total
31.25%
Characteristics
Compare
ONEB
ZCB
| Provider | CI | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | FTSE Canada All Corporate Bond TR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.11% | 4.20% |
| Meets ESG criteria | No | No |
| Inception Date | October 12, 2018 | March 2, 2018 |
Frequently asked questions about ONEB and ZCB
Which ETF has performed better year to date: ONEB or ZCB?
As of November 10, 2026, ONEB has returned 1.11% year to date, while ZCB has returned 1.49%. ZCB is ahead on YTD performance.
Which ETF is larger by assets under management: ONEB or ZCB?
As of November 10, 2026, ONEB manages $94.69 M in assets, while ZCB manages $2.17 B. ZCB is the larger fund by AUM.
How are ONEB and ZCB managed?
ONEB is actively managed by CI. It does not track an index. ZCB is passively managed by BMO. It tracks the FTSE Canada All Corporate Bond TR Index - CAD benchmark.
What sectors do ONEB and ZCB emphasize?
ONEB is most exposed to Sovereign, Finance, and Municipal. ZCB is most exposed to Finance, Energy, and Industrials.
Which ETF is attracting more investor flows: ONEB or ZCB?
Year to date, ONEB has seen +$12.27 M in net flows, compared with +$495.73 M for ZCB. ZCB has attracted more net investor money so far.
How do the fees of ONEB and ZCB compare?
ONEB has an expense ratio of 0.63%, while ZCB has an expense ratio of 0.17%.
What are the top holdings of ONEB and ZCB?
ONEB's largest holdings include Canada, Bonds 2.5% 1dec2032, CAD and Canada, Bonds 2.75% 1mar2030, CAD. ZCB's top holdings include Royal Bank of Canada, 5.228% 24jun2030, CAD, Toronto-Dominion Bank, 5.491% 8sep2028, CAD, and Bank of Nova Scotia, 4.442% 15nov2035, CAD.
Which ETF is more diversified: ONEB or ZCB?
ONEB holds 28 securities, while ZCB holds 66. On holdings count, ZCB is the more diversified portfolio.
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