VS
Compare iShares Balanced Income CorePortfolio Index ETF (XBAL) vs BMO Balanced ETF (ZBAL) to find the best fit for your portfolio. XBAL provides Information Technology, Financials, and Sovereign exposures, while ZBAL is primarily weighted in Information Technology, Sovereign, and Financials. When evaluating costs, XBAL features a management fee (MER) of 0.18%, compared to 0.18% for ZBAL. Performance-wise, XBAL has returned 7.88% year-to-date with +$451 M in net flows, whereas ZBAL is at 8% with +$130 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
XBAL
ZBAL
| AuM | $3,266.61 M | $610.64 M |
| Management Fees | 0.18% | 0.18% |
| Exp. ratio | 0.19% | 0.20% |
| Tracking Difference | - | - |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XBAL | +2.27% | +7.97% | +7.88% | +18.69% | +51.06% |
ZBAL | +2.28% | +8.01% | +8.00% | +18.98% | +50.33% | |
| Flows | XBAL | +$95 M | +$204 M | +$451 M | +$874 M | +$1,646 M |
ZBAL | +$35 M | +$71 M | +$130 M | +$194 M | +$356 M |
XBAL vs ZBAL exposure
Countries
XBAL
Canada
45.34%
USA
33.74%
Other
20.92%
ZBAL
Canada
42.25%
USA
40.38%
Other
17.36%
Sectors
XBAL
Other
12.81%
Information Technology
12.77%
Financials
11.50%
Sovereign
8.69%
Other
54.24%
ZBAL
Information Technology
14.39%
Sovereign
13.33%
Financials
10.81%
Municipal
9.04%
Other
8.25%
Other
44.18%
As of June 12, 2026
Top 10 Holdings
XBAL
NVIDIA
1.91%
APPLE
1.57%
MICROSOFT-T
1.19%
ROYAL BK CANADA
1.10%
AMAZON.COM INC
1.02%
ALPHABET INC-CL
0.88%
TORONTO DOMINION
0.79%
BROADCOM LIMITED
0.78%
ALPHABET INC-CL
0.70%
SHOPIFY SUBORDINATE VOTING
0.65%
ZBAL
Canada, Bond 0.5 1oct2030 10Y
5.06%
NVIDIA
2.30%
CMHC, 1.9% 15mar2031, CAD (100)
1.90%
APPLE
1.80%
Province of Ontario, 2.05% 2jun2030, CAD (DMTN243)
1.58%
Province of Ontario, 2.65% 2dec2050, CAD (DMTN242)
1.56%
Province of Quebec, 1.5% 1sep2031, CAD (B128)
1.50%
Canada, Bonds 2.25% 1dec2029, CAD
1.43%
MICROSOFT-T
1.43%
AMAZON.COM INC
1.16%
Diversification
XBAL
Total weight of top 10 holdings out of 21,767 total
10.58%
ZBAL
Total weight of top 10 holdings out of 19,717 total
19.73%
Characteristics
Compare
XBAL
ZBAL
| Provider | iShares | BMO |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.10% | 1.74% |
| Meets ESG criteria | No | No |
| Inception Date | June 21, 2007 | February 15, 2019 |
Frequently asked questions about XBAL and ZBAL
Which ETF has performed better year to date: XBAL or ZBAL?
As of June 12, 2026, XBAL has returned 7.88% year to date, while ZBAL has returned 8.00%. ZBAL is ahead on YTD performance.
Which ETF is larger by assets under management: XBAL or ZBAL?
As of June 12, 2026, XBAL manages $3.27 B in assets, while ZBAL manages $610.64 M. XBAL is the larger fund by AUM.
How are XBAL and ZBAL managed?
XBAL is actively managed by iShares. It does not track an index. ZBAL is actively managed by BMO. It does not track an index.
What sectors do XBAL and ZBAL emphasize?
XBAL is most exposed to Information Technology, Financials, and Sovereign. ZBAL is most exposed to Information Technology, Sovereign, and Financials.
Which ETF is attracting more investor flows: XBAL or ZBAL?
Year to date, XBAL has seen +$451.07 M in net flows, compared with +$130.10 M for ZBAL. XBAL has attracted more net investor money so far.
How do the fees of XBAL and ZBAL compare?
XBAL has an expense ratio of 0.19%, while ZBAL has an expense ratio of 0.20%.
What are the top holdings of XBAL and ZBAL?
XBAL's largest holdings include NVIDIA and ALPHABET INC-CL. ZBAL's top holdings include Canada, Bond 0.5 1oct2030 10Y and NVIDIA.
Which ETF is more diversified: XBAL or ZBAL?
XBAL holds 18437 securities, while ZBAL holds 10391. On holdings count, XBAL is the more diversified portfolio.
Recent articles about XBAL and ZBAL
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