VS
CI U.S. Money Market ETF (UMNY.U) and BMO US Aggregate Bond Index ETF (ZUAG) offer distinct profiles for Canadian ETF investors. A direct comparison shows that UMNY.U focuses its top 3 sector exposures on Sovereign, Consumer Cyclicals, and Finance, while ZUAG leans towards Sovereign, Finance, and Industrials. When evaluating costs, UMNY.U features a management fee (MER) of 0.14%, compared to 0.09% for ZUAG. Performance-wise, UMNY.U has returned 3.02% year-to-date with +$1 M in net flows, whereas ZUAG is at 1.1% with +$7 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
UMNY.U
ZUAG
| AuM | $25.29 M | $12.83 M |
| Management Fees | 0.14% | 0.09% |
| Exp. ratio | 0.15% | 0.09% |
| Tracking Difference | - | 0.22% |
Historical performance and flows
As of October 23, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | UMNY.U | +0.32% | +0.95% | +3.02% | +3.78% | +13.98% |
ZUAG | +0.28% | -0.95% | +1.10% | -0.90% | +19.11% | |
| Flows | UMNY.U | -$3 M | -$3 M | +$1 M | +$3 M | +$22 M |
ZUAG | +$0 M | +$2 M | +$7 M | +$9 M | +$10 M |
UMNY.U vs ZUAG exposure
Countries
UMNY.U
USA
52.55%
Other
34.80%
Germany
7.24%
ZUAG
USA
74.63%
Other
18.41%
Sectors
UMNY.U
Other
34.80%
Sovereign
34.73%
Consumer Cyclicals
13.36%
Other
17.11%
ZUAG
Sovereign
47.77%
Other
18.41%
Finance
10.60%
Other
23.22%
As of October 23, 2026
Top 10 Holdings
UMNY.U
CA29290PWW80
7.12%
Toronto-Dominion Bank, 4.814% 16jul2027, USD
5.40%
US59157UJG67
5.35%
Gulf Power, 3.3% 30may2027, USD (2017A)
5.25%
The Home Depot, 4.95% 30sep2026, USD
5.09%
USA, Bills 0% 22sep2026, USD (119D)
4.39%
US90478DJM83
4.27%
CA693962WN80
4.27%
USA, Bills 0% 1oct2026, USD (364D)
3.80%
USA, Bills 0% 13may2027, USD (364D)
3.66%
ZUAG
BlackRock Cash Funds - Institutional
1.93%
USA, Notes 4.625% 15feb2035, USD (B-2035)
0.40%
USA, Notes 4.375% 15may2034, USD (C-2034)
0.39%
USA, Notes 4.25% 15aug2035, USD (E-2035)
0.39%
USA, Notes 3.875% 15aug2034, USD (E-2034)
0.38%
USA, Notes 4.375% 15may2036, USD (C-2036)
0.38%
USA, Notes 4% 15feb2034, USD (B-2034)
0.38%
USA, Notes 4.125% 15feb2036, USD (B-2036)
0.38%
USA, Notes 4.25% 15nov2034, USD (F-2034)
0.38%
USA, Notes 4.25% 15may2035, USD (C-2035)
0.38%
Diversification
UMNY.U
Total weight of top 10 holdings out of 43 total
48.60%
ZUAG
Total weight of top 10 holdings out of 14,372 total
5.38%
Characteristics
Compare
UMNY.U
ZUAG
| Provider | CI | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Bloomberg US Aggregate Bond Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.71% | 2.79% |
| Meets ESG criteria | No | No |
| Inception Date | July 21, 2023 | January 23, 2023 |
Frequently asked questions about UMNY.U and ZUAG
Which ETF has performed better year to date: UMNY.U or ZUAG?
As of October 23, 2026, UMNY.U has returned 3.02% year to date, while ZUAG has returned 1.10%. UMNY.U is ahead on YTD performance.
Which ETF is larger by assets under management: UMNY.U or ZUAG?
As of October 23, 2026, UMNY.U manages $25.29 M in assets, while ZUAG manages $12.83 M. UMNY.U is the larger fund by AUM.
How are UMNY.U and ZUAG managed?
UMNY.U is actively managed by CI. It does not track an index. ZUAG is passively managed by BMO. It tracks the Bloomberg US Aggregate Bond Index - CAD benchmark.
What sectors do UMNY.U and ZUAG emphasize?
UMNY.U is most exposed to Sovereign, Consumer Cyclicals, and Finance. ZUAG is most exposed to Sovereign, Finance, and Industrials.
Which ETF is attracting more investor flows: UMNY.U or ZUAG?
Year to date, UMNY.U has seen +$1.38 M in net flows, compared with +$7.29 M for ZUAG. ZUAG has attracted more net investor money so far.
How do the fees of UMNY.U and ZUAG compare?
UMNY.U has an expense ratio of 0.15%, while ZUAG has an expense ratio of 0.09%.
What are the top holdings of UMNY.U and ZUAG?
UMNY.U's largest holdings include Toronto-Dominion Bank, 4.814% 16jul2027, USD and Gulf Power, 3.3% 30may2027, USD (2017A). ZUAG's top holdings include BlackRock Cash Funds - Institutional and USA, Notes 4.625% 15feb2035, USD (B-2035).
Which ETF is more diversified: UMNY.U or ZUAG?
UMNY.U holds 30 securities, while ZUAG holds 6196. On holdings count, ZUAG is the more diversified portfolio.
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.