VS
BMO BBB CLO ETF (ZBBZ) and Global X Long-Term U.S. Treasury Premium Yield ETF (LPAY) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZBBZ focuses its top 3 sector exposures on Industrials, Finance, and Non-Corporate, while LPAY leans towards Sovereign and Non-Corporate. When evaluating costs, ZBBZ features a management fee (MER) of 0.45%, compared to 0.45% for LPAY. Performance-wise, ZBBZ has returned 3.86% year-to-date with -$4 M in net flows, whereas LPAY is at 0.5% with -$8 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
ZBBZ
LPAY
| AuM | $3.69 M | $10.99 M |
| Management Fees | 0.45% | 0.45% |
| Exp. ratio | 0.45% | 0.65% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 4, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZBBZ | -1.12% | +0.98% | +3.86% | - | - |
LPAY | -0.01% | -1.93% | -0.50% | +0.69% | - | |
| Flows | ZBBZ | -$3 M | +$0 M | -$4 M | - | - |
LPAY | +$0 M | +$0 M | -$8 M | -$6 M | - |
ZBBZ vs LPAY exposure
Countries
ZBBZ
Other
81.21%
USA
17.90%
LPAY
Other
78.52%
USA
21.48%
Sectors
ZBBZ
Other
81.21%
Industrials
17.85%
LPAY
Other
78.52%
Sovereign
21.48%
As of September 4, 2026
Top 10 Holdings
ZBBZ
US74984FAG63
6.06%
US81752T5285
3.54%
US67403CAY12
3.43%
US76857JAJ16
3.43%
US871972AZ80
3.42%
RAD CLO 2024-24A, FRN 30jul2040, USD (21-12A, ABS, C2R)
2.55%
US55954PBA12
2.54%
US149931AL12
2.53%
US403967AA05
2.52%
CIFC Funding 2025-1A, FRN 15apr2038, USD (25-2A, ABS, D2)
2.49%
LPAY
CA37966J3001
64.28%
CA37893H1047
13.55%
USA, Bonds 4.125% 15aug2053, USD
1.00%
USA, Bonds 4.75% 15nov2053, USD
0.98%
USA, Bonds 4.75% 15may2055, USD
0.97%
USA, Bonds 4.625% 15may2054, USD
0.95%
USA, Bonds 4.25% 15feb2054, USD
0.89%
USA, Bonds 4.75% 15feb2056, USD
0.87%
USA, Bonds 4.25% 15aug2054, USD
0.87%
USA, Bonds 3.625% 15may2053, USD
0.84%
Diversification
ZBBZ
Total weight of top 10 holdings out of 917 total
32.52%
LPAY
Total weight of top 10 holdings out of 57 total
85.19%
Characteristics
Frequently asked questions about ZBBZ and LPAY
Which ETF has performed better year to date: ZBBZ or LPAY?
As of September 4, 2026, ZBBZ has returned 3.86% year to date, while LPAY has returned -0.50%. ZBBZ is ahead on YTD performance.
Which ETF is larger by assets under management: ZBBZ or LPAY?
As of September 4, 2026, ZBBZ manages $3.69 M in assets, while LPAY manages $10.99 M. LPAY is the larger fund by AUM.
How are ZBBZ and LPAY managed?
ZBBZ is actively managed by BMO. It does not track an index. LPAY is actively managed by Global X. It does not track an index.
What sectors do ZBBZ and LPAY emphasize?
ZBBZ is most exposed to Industrials, Finance, and Non-Corporate. LPAY is most exposed to Sovereign and Non-Corporate.
Which ETF is attracting more investor flows: ZBBZ or LPAY?
Year to date, ZBBZ has seen -$3.60 M in net flows, compared with -$7.82 M for LPAY. ZBBZ has attracted more net investor money so far.
How do the fees of ZBBZ and LPAY compare?
ZBBZ has an expense ratio of 0.45%, while LPAY has an expense ratio of 0.65%.
What are the top holdings of ZBBZ and LPAY?
ZBBZ's largest holdings include RAD CLO 2024-24A, FRN 30jul2040, USD (21-12A, ABS, C2R) and CIFC Funding 2025-1A, FRN 15apr2038, USD (25-2A, ABS, D2). LPAY's top holdings include USA, Bonds 4.125% 15aug2053, USD and USA, Bonds 4.75% 15nov2053, USD.
Which ETF is more diversified: ZBBZ or LPAY?
ZBBZ holds 75 securities, while LPAY holds 56. On holdings count, ZBBZ is the more diversified portfolio.
Recent articles about ZBBZ and LPAY
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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.