VS
iShares Diversified Monthly Income ETF (XTR) and BMO Conservative ETF (ZCON) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XTR focuses its top 3 sector exposures on Finance, Energy, and Utilities, while ZCON leans towards Sovereign, Finance, and Municipal. When evaluating costs, XTR features a management fee (MER) of 0.55%, compared to 0.18% for ZCON. Performance-wise, XTR has returned 10.2% year-to-date with -$18 M in net flows, whereas ZCON is at 6.39% with +$55 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
XTR
ZCON
| AuM | $371.86 M | $138.44 M |
| Management Fees | 0.55% | 0.18% |
| Exp. ratio | 0.60% | 0.20% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XTR | +2.01% | +1.29% | +10.20% | +10.77% | +42.21% |
ZCON | +0.40% | +0.21% | +6.39% | +5.98% | +37.39% | |
| Flows | XTR | -$1 M | -$5 M | -$18 M | -$16 M | -$114 M |
ZCON | +$9 M | +$25 M | +$55 M | +$60 M | +$85 M |
XTR vs ZCON exposure
Countries
XTR
Canada
49.82%
USA
37.92%
Other
12.26%
ZCON
Canada
51.64%
USA
32.90%
Other
15.46%
Sectors
XTR
Finance
28.89%
Energy
12.73%
Utilities
8.68%
Consumer Non-Cyclicals
7.02%
Other
42.68%
ZCON
Sovereign
22.26%
Finance
16.15%
Municipal
13.16%
Technology
12.57%
Other
35.87%
As of November 11, 2026
Top 10 Holdings
XTR
CA46430D1042
19.79%
CA46430K1084
17.14%
CA46434Y1043
12.57%
CA46431L1132
8.42%
CA46431X1096
7.57%
CA46430W1023
6.98%
CA46433N1096
6.93%
CA46434T1057
6.55%
CA46430M1041
6.47%
CA46429Q1081
3.94%
ZCON
CA05590X1024
41.83%
CA05575T1003
18.77%
CA05592U1140
17.62%
CA05574G1090
9.92%
CA05579E1097
6.62%
CA05576Y1088
3.80%
CA05589X1050
0.97%
CA05589W2067
0.48%
Diversification
XTR
Total weight of top 10 holdings out of 11,289 total
96.35%
ZCON
Total weight of top 10 holdings out of 19,745 total
100.00%
Characteristics
Compare
XTR
ZCON
| Provider | iShares | BMO |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.85% | 1.76% |
| Meets ESG criteria | No | No |
| Inception Date | December 19, 2005 | February 15, 2019 |
Frequently asked questions about XTR and ZCON
Which ETF has performed better year to date: XTR or ZCON?
As of November 11, 2026, XTR has returned 10.20% year to date, while ZCON has returned 6.39%. XTR is ahead on YTD performance.
Which ETF is larger by assets under management: XTR or ZCON?
As of November 11, 2026, XTR manages $371.86 M in assets, while ZCON manages $138.44 M. XTR is the larger fund by AUM.
How are XTR and ZCON managed?
XTR is actively managed by iShares. It does not track an index. ZCON is actively managed by BMO. It does not track an index.
Which ETF is more diversified: XTR or ZCON?
XTR holds 1 securities, while ZCON holds 1. On holdings count, XTR is the more diversified portfolio.
Which ETF is attracting more investor flows: XTR or ZCON?
Year to date, XTR has seen -$18.19 M in net flows, compared with +$54.91 M for ZCON. ZCON has attracted more net investor money so far.
How do the fees of XTR and ZCON compare?
XTR has an expense ratio of 0.60%, while ZCON has an expense ratio of 0.20%.
What sectors do XTR and ZCON emphasize?
XTR is most exposed to Finance, Energy, and Utilities. ZCON is most exposed to Sovereign, Finance, and Municipal.
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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.