VS
iShares 20+ Year U.S. Treasury Bond Index ETF (XTLT) and BMO Short-Term US TIPS Index ETF (ZTIP.F) 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 ZTIP.F leans towards Sovereign. When evaluating costs, XTLT features a management fee (MER) of 0.18%, compared to 0.15% for ZTIP.F. Performance-wise, XTLT has returned 3.16% year-to-date with -$22 M in net flows, whereas ZTIP.F is at 0.23% with +$54 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
ZTIP.F
| AuM | $95.66 M | $242.92 M |
| Management Fees | 0.18% | 0.15% |
| Exp. ratio | 0.18% | 0.17% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 14, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XTLT | -0.69% | -4.87% | -3.16% | -5.71% | +0.70% |
ZTIP.F | -0.59% | -0.88% | +0.23% | -0.17% | +10.19% | |
| Flows | XTLT | +$19 M | +$21 M | -$22 M | -$19 M | +$92 M |
ZTIP.F | -$1 M | -$6 M | +$54 M | +$64 M | +$72 M |
XTLT vs ZTIP.F exposure
Countries
XTLT
USA
99.91%
ZTIP.F
USA
100.00%
Sectors
XTLT
Sovereign
99.91%
ZTIP.F
Sovereign
100.00%
As of September 14, 2026
Top 10 Holdings
XTLT
USA, Bonds 4.125% 15aug2053, USD
4.68%
USA, Bonds 4.75% 15nov2053, USD
4.55%
USA, Bonds 4.75% 15may2055, USD
4.51%
USA, Bonds 4.625% 15may2054, USD
4.45%
USA, Bonds 4.25% 15feb2054, USD
4.12%
USA, Bonds 4.75% 15feb2056, USD
4.04%
USA, Bonds 4.25% 15aug2054, USD
4.03%
USA, Bonds 3.625% 15may2053, USD
3.90%
USA, Bonds 4.625% 15feb2055, USD
3.89%
USA, Bonds 2% 15aug2051, USD
3.80%
ZTIP.F
USA, TIPS 1.125% 15oct2030, USD (AE-2030)
5.67%
USA, TIPS 1.25% 15apr2031, USD (X-2031)
5.62%
USA, TIPS 1.625% 15apr2030, USD (X-2030)
5.59%
USA, TIPS 1.625% 15oct2029, USD (AE-2029)
5.41%
USA, TIPS 2.125% 15apr2029, USD (X-2029)
5.26%
USA, TIPS 2.375% 15oct2028, USD (AE-2028)
5.21%
USA, TIPS 0.125% 15apr2027, USD (X-2027)
5.03%
USA, TIPS 1.625% 15oct2027, USD (AE-2027)
5.01%
USA, TIPS 0.125% 15oct2026, USD (AE-2026)
4.93%
USA, TIPS 1.25% 15apr2028, USD (X-2028)
4.89%
Diversification
XTLT
Total weight of top 10 holdings out of 47 total
41.95%
ZTIP.F
Total weight of top 10 holdings out of 24 total
52.62%
Characteristics
Compare
XTLT
ZTIP.F
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | ICE U.S. Treasury 20+ Year Total Return Index - USD | Bloomberg US Govt Inflation-Linked 0-5Yrs Total Return Index - USD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.06% | 3.97% |
| Meets ESG criteria | No | No |
| Inception Date | February 7, 2023 | January 20, 2021 |
Frequently asked questions about XTLT and ZTIP.F
Which ETF has performed better year to date: XTLT or ZTIP.F?
As of September 14, 2026, XTLT has returned -3.16% year to date, while ZTIP.F has returned 0.23%. ZTIP.F is ahead on YTD performance.
Which ETF is larger by assets under management: XTLT or ZTIP.F?
As of September 14, 2026, XTLT manages $95.66 M in assets, while ZTIP.F manages $242.92 M. ZTIP.F is the larger fund by AUM.
How are XTLT and ZTIP.F managed?
XTLT is passively managed by iShares. It tracks the ICE U.S. Treasury 20+ Year Total Return Index - USD benchmark. ZTIP.F is passively managed by BMO. It tracks the Bloomberg US Govt Inflation-Linked 0-5Yrs Total Return Index - USD benchmark.
What sectors do XTLT and ZTIP.F emphasize?
XTLT is most exposed to Sovereign and Non-Corporate. ZTIP.F is most exposed to Sovereign.
Which ETF is attracting more investor flows: XTLT or ZTIP.F?
Year to date, XTLT has seen -$22.46 M in net flows, compared with +$53.88 M for ZTIP.F. ZTIP.F has attracted more net investor money so far.
How do the fees of XTLT and ZTIP.F compare?
XTLT has an expense ratio of 0.18%, while ZTIP.F has an expense ratio of 0.17%.
What are the top holdings of XTLT and ZTIP.F?
XTLT's largest holdings include USA, Bonds 4.125% 15aug2053, USD, USA, Bonds 4.75% 15nov2053, USD, and USA, Bonds 4.75% 15may2055, USD. ZTIP.F's top holdings include USA, TIPS 1.125% 15oct2030, USD (AE-2030), USA, TIPS 1.25% 15apr2031, USD (X-2031), and USA, TIPS 1.625% 15apr2030, USD (X-2030).
Which ETF is more diversified: XTLT or ZTIP.F?
XTLT holds 47 securities, while ZTIP.F holds 24. On holdings count, XTLT is the more diversified portfolio.
Recent articles about XTLT and ZTIP.F
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