Compare BMO AAA CLO ETF (ZAAA) vs BMO AAA CLO ETF (ZAAA.F) to find the best fit for your portfolio. ZAAA and ZAAA.F provide the same top sector exposures: Industrials, Non-Corporate, and Finance. When evaluating costs, ZAAA features a management fee (MER) of 0.23%, compared to 0.23% for ZAAA.F. Performance-wise, ZAAA has returned 5.29% year-to-date with +$27 M in net flows, whereas ZAAA.F is at 2.05% with +$663 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
ZAAA
ZAAA.F
| AuM | $76.12 M | $870.78 M |
| Management Fees | 0.23% | 0.23% |
| Exp. ratio | 0.23% | 0.23% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZAAA | +1.31% | +0.30% | +5.29% | +6.42% | - |
ZAAA.F | +0.35% | +0.80% | +2.05% | +2.93% | - | |
| Flows | ZAAA | +$8 M | +$12 M | +$27 M | +$39 M | - |
ZAAA.F | +$7 M | +$404 M | +$663 M | +$720 M | - |
ZAAA vs ZAAA.F exposure
Countries
ZAAA
Other
78.98%
USA
21.01%
ZAAA.F
Other
78.98%
USA
21.01%
Sectors
ZAAA
Other
78.99%
Industrials
20.90%
ZAAA.F
Other
78.99%
Industrials
20.90%
As of September 17, 2026
Top 10 Holdings
ZAAA
US671026AW26
3.69%
US92920DAL91
3.32%
Magnetite CLO, 2026-55A, FRN 15apr2039, USD (ABS, A1)
3.32%
AIMCO CLO 2026-27A, FRN 20apr2039, USD (ABS, A1)
2.86%
Diameter Capital CLO 2022-4A, FRN 18jan2039, USD (ABS, ARR)
1.94%
AIMCO CLO 2025-23A, FRN 20apr2038, USD (ABS, A)
1.94%
CIFC Funding 2023-3A, FRN 20jan2039, USD (ABS, A1R)
1.85%
US720916AA38
1.85%
US03990NAA37
1.85%
US76676AAA88
1.66%
ZAAA.F
US671026AW26
3.69%
US92920DAL91
3.32%
Magnetite CLO, 2026-55A, FRN 15apr2039, USD (ABS, A1)
3.32%
AIMCO CLO 2026-27A, FRN 20apr2039, USD (ABS, A1)
2.86%
Diameter Capital CLO 2022-4A, FRN 18jan2039, USD (ABS, ARR)
1.94%
AIMCO CLO 2025-23A, FRN 20apr2038, USD (ABS, A)
1.94%
CIFC Funding 2023-3A, FRN 20jan2039, USD (ABS, A1R)
1.85%
US720916AA38
1.85%
US03990NAA37
1.85%
US76676AAA88
1.66%
Diversification
ZAAA
Total weight of top 10 holdings out of 1,412 total
24.28%
ZAAA.F
Total weight of top 10 holdings out of 1,412 total
24.28%
Characteristics
Frequently asked questions about ZAAA and ZAAA.F
Which ETF has performed better year to date: ZAAA or ZAAA.F?
As of September 17, 2026, ZAAA has returned 5.29% year to date, while ZAAA.F has returned 2.05%. ZAAA is ahead on YTD performance.
Which ETF is larger by assets under management: ZAAA or ZAAA.F?
As of September 17, 2026, ZAAA manages $76.12 M in assets, while ZAAA.F manages $870.78 M. ZAAA.F is the larger fund by AUM.
How are ZAAA and ZAAA.F managed?
ZAAA is actively managed by BMO. It does not track an index. ZAAA.F is actively managed by BMO. It does not track an index.
What sectors do ZAAA and ZAAA.F emphasize?
ZAAA is most exposed to Industrials, Non-Corporate, and Finance. ZAAA.F is most exposed to Industrials, Non-Corporate, and Finance.
Which ETF is attracting more investor flows: ZAAA or ZAAA.F?
Year to date, ZAAA has seen +$27.17 M in net flows, compared with +$663.29 M for ZAAA.F. ZAAA.F has attracted more net investor money so far.
How do the fees of ZAAA and ZAAA.F compare?
ZAAA has an expense ratio of 0.23%, while ZAAA.F has an expense ratio of 0.23%.
What are the top holdings of ZAAA and ZAAA.F?
ZAAA's largest holdings include Magnetite CLO, 2026-55A, FRN 15apr2039, USD (ABS, A1) and AIMCO CLO 2026-27A, FRN 20apr2039, USD (ABS, A1). ZAAA.F's top holdings include Magnetite CLO, 2026-55A, FRN 15apr2039, USD (ABS, A1) and AIMCO CLO 2026-27A, FRN 20apr2039, USD (ABS, A1).
Which ETF is more diversified: ZAAA or ZAAA.F?
ZAAA holds 153 securities, while ZAAA.F holds 153. On holdings count, ZAAA is the more diversified portfolio.
Recent articles about ZAAA and ZAAA.F
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.