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iShares 1-5 Year U.S. IG Corporate Bond Index ETF (XIGS) and BMO Ultra Short-Term US Bond ETF (ZUS.U) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XIGS focuses its top 3 sector exposures on Finance, Utilities, and Technology, while ZUS.U leans towards Finance, Technology, and Healthcare. When evaluating costs, XIGS features a management fee (MER) of 0.15%, compared to 0.15% for ZUS.U. Performance-wise, XIGS has returned 0.57% year-to-date with +$132 M in net flows, whereas ZUS.U is at 2.57% with +$16 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
XIGS
ZUS.U
| AuM | $610.64 M | $91.92 M |
| Management Fees | 0.15% | 0.15% |
| Exp. ratio | 0.16% | 0.17% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XIGS | -0.26% | -0.08% | -0.57% | +0.34% | +11.94% |
ZUS.U | +0.31% | +1.00% | +2.57% | +4.02% | +15.31% | |
| Flows | XIGS | +$10 M | +$28 M | +$132 M | +$122 M | +$562 M |
ZUS.U | +$2 M | +$9 M | +$16 M | +$24 M | +$66 M |
XIGS vs ZUS.U exposure
Countries
XIGS
USA
71.44%
Other
28.56%
ZUS.U
USA
76.75%
Other
23.25%
Sectors
XIGS
Finance
48.58%
Utilities
7.52%
Technology
7.04%
Other
36.85%
ZUS.U
Finance
67.79%
Technology
13.74%
Healthcare
8.19%
Other
10.28%
As of September 3, 2026
Top 10 Holdings
XIGS
Mexico, 5.5% 17aug2030, USD
0.31%
BlackRock Cash Funds - Treasury
0.22%
T-Mobile USA, 3.875% 15apr2030, USD
0.17%
Bank of America Corporation, 3.419% 20dec2028, USD
0.14%
Amazon.com, 4.25% 13mar2031, USD
0.13%
AbbVie, 3.2% 21nov2029, USD
0.13%
MARS, 4.8% 1mar2030, USD
0.13%
CVS Health, 4.3% 25mar2028, USD
0.13%
NVIDIA, 4.5% 15jun2031, USD
0.12%
Boeing, 5.15% 1may2030, USD
0.11%
ZUS.U
U.S. Bancorp, 2.215% 27jan2028, USD (AA)
5.13%
Sumisho Air Lease Corp, 1.875% 15aug2026, USD (A)
5.04%
Charles Schwab, 2.45% 3mar2027, USD
4.94%
American Express Co, 2.55% 4mar2027, USD
4.32%
Deutsche Bank (New York Branch), 2.311% 16nov2027, USD (D)
4.30%
Capital One Financial, 1.878% 2nov2027, USD
3.39%
Goldman Sachs, 1.948% 21oct2027, USD
3.37%
Microsoft, 3.3% 6feb2027, USD
3.16%
Santander Holdings USA, 2.49% 6jan2028, USD
2.72%
Apple, 2.05% 11sep2026, USD
2.65%
Diversification
XIGS
Total weight of top 10 holdings out of 4,663 total
1.58%
ZUS.U
Total weight of top 10 holdings out of 60 total
39.00%
Characteristics
Compare
XIGS
ZUS.U
| Provider | iShares | BMO |
| Management | Passively managed | Actively managed |
| Benchmark | ICE BofA 1-5 Year US Corporate Index 4PM - USD | - |
| Replication Method | ||
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.22% | 4.18% |
| Meets ESG criteria | No | No |
| Inception Date | July 12, 2021 | February 15, 2019 |
Frequently asked questions about XIGS and ZUS.U
Which ETF has performed better year to date: XIGS or ZUS.U?
As of September 3, 2026, XIGS has returned -0.57% year to date, while ZUS.U has returned 2.57%. ZUS.U is ahead on YTD performance.
Which ETF is larger by assets under management: XIGS or ZUS.U?
As of September 3, 2026, XIGS manages $610.64 M in assets, while ZUS.U manages $91.92 M. XIGS is the larger fund by AUM.
How are XIGS and ZUS.U managed?
XIGS is passively managed by iShares. It tracks the ICE BofA 1-5 Year US Corporate Index 4PM - USD benchmark. ZUS.U is actively managed by BMO. It does not track an index.
What sectors do XIGS and ZUS.U emphasize?
XIGS is most exposed to Finance, Utilities, and Technology. ZUS.U is most exposed to Finance, Technology, and Healthcare.
Which ETF is attracting more investor flows: XIGS or ZUS.U?
Year to date, XIGS has seen +$131.66 M in net flows, compared with +$15.90 M for ZUS.U. XIGS has attracted more net investor money so far.
How do the fees of XIGS and ZUS.U compare?
XIGS has an expense ratio of 0.16%, while ZUS.U has an expense ratio of 0.17%.
What are the top holdings of XIGS and ZUS.U?
XIGS's largest holdings include Mexico, 5.5% 17aug2030, USD, BlackRock Cash Funds - Treasury, and T-Mobile USA, 3.875% 15apr2030, USD. ZUS.U's top holdings include U.S. Bancorp, 2.215% 27jan2028, USD (AA), Sumisho Air Lease Corp, 1.875% 15aug2026, USD (A), and Charles Schwab, 2.45% 3mar2027, USD.
Which ETF is more diversified: XIGS or ZUS.U?
XIGS holds 4645 securities, while ZUS.U holds 60. On holdings count, XIGS is the more diversified portfolio.
Recent articles about XIGS and ZUS.U
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