VS
iShares 1-5 Year U.S. IG Corporate Bond Index ETF (XSHU) and BMO Ultra Short-Term US Bond ETF (ZUS.V) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XSHU focuses its top 3 sector exposures on Finance, Utilities, and Technology, while ZUS.V leans towards Finance, Technology, and Healthcare. When evaluating costs, XSHU features a management fee (MER) of 0.15%, compared to 0.15% for ZUS.V. Performance-wise, XSHU has returned 3.18% year-to-date with -$20 M in net flows, whereas ZUS.V is at 3% with +$22 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
XSHU
ZUS.V
| AuM | $17.62 M | $107.96 M |
| Management Fees | 0.15% | 0.15% |
| Exp. ratio | 0.16% | 0.17% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XSHU | +1.70% | +0.30% | +3.18% | +1.35% | +20.57% |
ZUS.V | +0.35% | +0.96% | +3.00% | +3.88% | +15.14% | |
| Flows | XSHU | -$1 M | -$1 M | -$20 M | -$11 M | +$16 M |
ZUS.V | -$3 M | +$5 M | +$22 M | +$70 M | +$83 M |
XSHU vs ZUS.V exposure
Countries
XSHU
USA
69.74%
Other
30.26%
ZUS.V
USA
76.80%
Other
23.20%
Sectors
XSHU
Finance
47.18%
Utilities
7.38%
Other
45.44%
ZUS.V
Finance
66.54%
Technology
11.48%
Healthcare
8.89%
Other
13.10%
As of October 16, 2026
Top 10 Holdings
XSHU
Mexico, 5.5% 17aug2030, USD
0.30%
T-Mobile USA, 3.875% 15apr2030, USD
0.17%
Space Exploration Technologies, 5.35% 15jul2031, USD
0.15%
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
0.12%
CVS Health, 4.3% 25mar2028, USD
0.12%
Amazon.com, 4.8% 9jul2031, USD
0.12%
Boeing, 5.15% 1may2030, USD
0.12%
ZUS.V
U.S. Bancorp, 2.215% 27jan2028, USD (AA)
5.19%
Charles Schwab, 2.45% 3mar2027, USD
4.99%
American Express Co, 2.55% 4mar2027, USD
4.37%
Deutsche Bank (New York Branch), 2.311% 16nov2027, USD (D)
4.35%
Capital One Financial, 1.878% 2nov2027, USD
3.43%
Goldman Sachs, 1.948% 21oct2027, USD
3.41%
Microsoft, 3.3% 6feb2027, USD
3.19%
Morgan Stanley, 2.475% 21jan2028, USD (I)
2.78%
Santander Holdings USA, 2.49% 6jan2028, USD
2.75%
Apple, 2.05% 11sep2026, USD
2.68%
Diversification
XSHU
Total weight of top 10 holdings out of 4,667 total
1.49%
ZUS.V
Total weight of top 10 holdings out of 60 total
37.14%
Characteristics
Compare
XSHU
ZUS.V
| Provider | iShares | BMO |
| Management | Passively managed | Actively managed |
| Benchmark | ICE BofA 1-5 Year US Corporate Index 4PM - USD | - |
| Replication Method | Other | - |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 4.19% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | July 6, 2021 | February 15, 2019 |
Frequently asked questions about XSHU and ZUS.V
Which ETF has performed better year to date: XSHU or ZUS.V?
As of October 16, 2026, XSHU has returned 3.18% year to date, while ZUS.V has returned 3.00%. XSHU is ahead on YTD performance.
Which ETF is larger by assets under management: XSHU or ZUS.V?
As of October 16, 2026, XSHU manages $17.62 M in assets, while ZUS.V manages $107.96 M. ZUS.V is the larger fund by AUM.
How are XSHU and ZUS.V managed?
XSHU is passively managed by iShares. It tracks the ICE BofA 1-5 Year US Corporate Index 4PM - USD benchmark. ZUS.V is actively managed by BMO. It does not track an index.
What sectors do XSHU and ZUS.V emphasize?
XSHU is most exposed to Finance, Utilities, and Technology. ZUS.V is most exposed to Finance, Technology, and Healthcare.
Which ETF is attracting more investor flows: XSHU or ZUS.V?
Year to date, XSHU has seen -$20.05 M in net flows, compared with +$22.47 M for ZUS.V. ZUS.V has attracted more net investor money so far.
How do the fees of XSHU and ZUS.V compare?
XSHU has an expense ratio of 0.16%, while ZUS.V has an expense ratio of 0.17%.
What are the top holdings of XSHU and ZUS.V?
XSHU's largest holdings include Mexico, 5.5% 17aug2030, USD and T-Mobile USA, 3.875% 15apr2030, USD. ZUS.V's top holdings include U.S. Bancorp, 2.215% 27jan2028, USD (AA), Charles Schwab, 2.45% 3mar2027, USD, and American Express Co, 2.55% 4mar2027, USD.
Which ETF is more diversified: XSHU or ZUS.V?
XSHU holds 4577 securities, while ZUS.V holds 60. On holdings count, XSHU 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.