VS
iShares 20+ Year U.S. Treasury Bond Index ETF (XTLT) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XTLT focuses its top 3 sector exposures on Sovereign and Non-Corporate, while ZEB leans towards Finance. When evaluating costs, XTLT features a management fee (MER) of 0.18%, compared to 0.25% for ZEB. Performance-wise, XTLT has returned 1.59% year-to-date with -$45 M in net flows, whereas ZEB is at 32.77% with +$48 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
XTLT
ZEB
| AuM | $74.80 M | $7,095.48 M |
| Management Fees | 0.18% | 0.25% |
| Exp. ratio | 0.18% | 0.28% |
| Tracking Difference | - | -0.54% |
Historical performance and flows
As of July 31, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XTLT | -4.85% | +0.05% | -1.59% | +0.02% | -1.16% |
ZEB | +1.95% | +15.98% | +32.77% | +68.32% | +146.77% | |
| Flows | XTLT | +$1 M | -$0 M | -$45 M | -$50 M | +$71 M |
ZEB | +$364 M | +$1,061 M | +$48 M | +$292 M | -$759 M |
XTLT vs ZEB exposure
Countries
XTLT
USA
82.41%
Other
17.60%
ZEB
Canada
100.00%
Sectors
XTLT
Sovereign
82.40%
Other
17.60%
ZEB
Finance
100.00%
As of July 31, 2026
Top 10 Holdings
XTLT
USA, Bonds 4.125% 15aug2053, USD
4.65%
USA, Bonds 4.75% 15nov2053, USD
4.52%
US912810UK24
4.49%
USA, Bonds 4.625% 15may2054, USD
4.42%
USA, Bonds 4.25% 15feb2054, USD
4.10%
US912810UR76
4.02%
USA, Bonds 4.25% 15aug2054, USD
4.01%
USA, Bonds 3.625% 15may2053, USD
3.88%
USA, Bonds 4.625% 15feb2055, USD
3.87%
USA, Bonds 2% 15aug2051, USD
3.80%
ZEB
The Toronto-Dominion Bank
17.42%
Royal Bank of Canada
17.32%
Bank of Montreal
17.15%
The Bank of Nova Scotia
16.61%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.70%
Diversification
XTLT
Total weight of top 10 holdings out of 47 total
41.77%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
XTLT
ZEB
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | ICE U.S. Treasury 20+ Year Total Return Index - USD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.93% | 2.29% |
| Meets ESG criteria | No | No |
| Inception Date | February 7, 2023 | October 20, 2009 |
Frequently asked questions about XTLT and ZEB
Which ETF has performed better year to date: XTLT or ZEB?
As of July 31, 2026, XTLT has returned -1.59% year to date, while ZEB has returned 32.77%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: XTLT or ZEB?
As of July 31, 2026, XTLT manages $74.80 M in assets, while ZEB manages $7.10 B. ZEB is the larger fund by AUM.
How are XTLT and ZEB managed?
XTLT is passively managed by iShares. It tracks the ICE U.S. Treasury 20+ Year Total Return Index - USD benchmark. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do XTLT and ZEB emphasize?
XTLT is most exposed to Sovereign and Non-Corporate. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: XTLT or ZEB?
Year to date, XTLT has seen -$44.90 M in net flows, compared with +$48.05 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of XTLT and ZEB compare?
XTLT has an expense ratio of 0.18%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of XTLT and ZEB?
XTLT's largest holdings include USA, Bonds 4.125% 15aug2053, USD and USA, Bonds 4.75% 15nov2053, USD. ZEB's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: XTLT or ZEB?
XTLT holds 42 securities, while ZEB holds 6. On holdings count, XTLT is the more diversified portfolio.
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