VS
Compare iShares Core Canadian Short Term Corporate + Maple Bond Index ETF (XSH) vs BMO Core Plus Bond Fund ETF (ZCPB) to find the best fit for your portfolio. XSH provides Finance, Energy, and Utilities exposures, while ZCPB is primarily weighted in Finance, Sovereign, and Municipal. When evaluating costs, XSH features a management fee (MER) of 0.09%, compared to 0.5% for ZCPB. Performance-wise, XSH has returned 1.79% year-to-date with +$1 B in net flows, whereas ZCPB is at 0.8% with +$529 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
XSH
ZCPB
| AuM | $3,185.26 M | $2,858.19 M |
| Management Fees | 0.09% | 0.50% |
| Exp. ratio | 0.10% | 0.56% |
| Tracking Difference | -0.11% | - |
Historical performance and flows
As of November 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XSH | +0.58% | +0.15% | +1.79% | +1.92% | +17.92% |
ZCPB | +1.23% | -0.62% | +0.80% | -0.06% | +13.88% | |
| Flows | XSH | +$88 M | +$495 M | +$1,028 M | +$1,162 M | +$2,044 M |
ZCPB | +$36 M | -$84 M | +$529 M | +$654 M | +$1,640 M |
XSH vs ZCPB exposure
Countries
XSH
Canada
86.64%
USA
7.40%
ZCPB
Canada
84.47%
USA
7.99%
Other
7.54%
Sectors
XSH
Finance
61.34%
Energy
7.50%
Utilities
7.03%
Other
24.13%
ZCPB
Finance
29.00%
Sovereign
22.01%
Municipal
21.23%
Other
27.76%
As of November 3, 2026
Top 10 Holdings
XSH
Bank of Nova Scotia, 3.61% 30jan2032, CAD
0.89%
Royal Bank of Canada, 3.572% 9dec2031, CAD
0.88%
Toronto-Dominion Bank, 3.687% 9jan2032, CAD
0.78%
CIBC, 3.65% 13jan2032, CAD
0.75%
Toronto-Dominion Bank, 3.857% 7apr2032, CAD
0.69%
Toronto-Dominion Bank, 4.68% 8jan2029, CAD
0.67%
Bank of Nova Scotia, 3.734% 27jun2031, CAD
0.66%
Amazon.com, 3.7% 12jun2031, CAD
0.65%
Royal Bank of Canada, 4.632% 1may2028, CAD
0.65%
Bank of Montreal, 4.709% 7dec2027, CAD
0.64%
ZCPB
Canada, Bonds 3.25% 1jun2036, CAD
3.54%
Canada, Bonds 3.5% 1dec2057, CAD
3.18%
Canada, Bonds 3.25% 1jun2035, CAD
3.09%
USA, Notes 4.375% 15may2036, USD (C-2036)
2.26%
Province of Ontario, 3.6% 2jun2035, CAD
2.06%
Canada, Bonds 2.5% 1dec2032, CAD
1.54%
Province of Quebec, 3.25% 1sep2032, CAD (B131)
1.48%
Canada, Bonds 2.75% 1dec2055, CAD
1.36%
US91282CRF04
1.26%
Province of Quebec, 3.5% 1dec2045, CAD (B112)
1.16%
Diversification
XSH
Total weight of top 10 holdings out of 665 total
7.25%
ZCPB
Total weight of top 10 holdings out of 501 total
20.95%
Characteristics
Compare
XSH
ZCPB
| Provider | iShares | BMO |
| Management | Passively managed | Actively managed |
| Benchmark | FTSE Canada Universe + Maple Short Term Corporate Bond TR Index - CAD | - |
| Replication Method | Direct (Physical) | - |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.99% | 2.90% |
| Meets ESG criteria | No | No |
| Inception Date | September 13, 2011 | May 29, 2018 |
Frequently asked questions about XSH and ZCPB
Which ETF has performed better year to date: XSH or ZCPB?
As of November 3, 2026, XSH has returned 1.79% year to date, while ZCPB has returned 0.80%. XSH is ahead on YTD performance.
Which ETF is larger by assets under management: XSH or ZCPB?
As of November 3, 2026, XSH manages $3.19 B in assets, while ZCPB manages $2.86 B. XSH is the larger fund by AUM.
How are XSH and ZCPB managed?
XSH is passively managed by iShares. It tracks the FTSE Canada Universe + Maple Short Term Corporate Bond TR Index - CAD benchmark. ZCPB is actively managed by BMO. It does not track an index.
What sectors do XSH and ZCPB emphasize?
XSH is most exposed to Finance, Energy, and Utilities. ZCPB is most exposed to Finance, Sovereign, and Municipal.
Which ETF is attracting more investor flows: XSH or ZCPB?
Year to date, XSH has seen +$1,028.02 M in net flows, compared with +$528.90 M for ZCPB. XSH has attracted more net investor money so far.
How do the fees of XSH and ZCPB compare?
XSH has an expense ratio of 0.10%, while ZCPB has an expense ratio of 0.56%.
What are the top holdings of XSH and ZCPB?
XSH's largest holdings include Bank of Nova Scotia, 3.61% 30jan2032, CAD and Royal Bank of Canada, 3.572% 9dec2031, CAD. ZCPB's top holdings include Canada, Bonds 3.25% 1jun2036, CAD and Canada, Bonds 3.5% 1dec2057, CAD.
Which ETF is more diversified: XSH or ZCPB?
XSH holds 631 securities, while ZCPB holds 472. On holdings count, XSH is the more diversified portfolio.
Recent articles about XSH and ZCPB
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