VS
BMO Canadian Core Plus US Balanced ETF (ZBCB) and iShares Core S&P/TSX Capped Composite Index ETF (XIC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZBCB focuses its top 3 sector exposures on Financials, Municipal, and Information Technology, while XIC leans towards Financials, Energy, and Materials. When evaluating costs, ZBCB features a management fee (MER) of 0.45%, compared to 0.05% for XIC. Performance-wise, ZBCB has returned 4.76% year-to-date with +$2 M in net flows, whereas XIC is at 7.53% with +$5 B. 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
ZBCB
XIC
| AuM | $8.71 M | $28,819.35 M |
| Management Fees | 0.45% | 0.05% |
| Exp. ratio | 0.45% | 0.06% |
| Tracking Difference | - | -0.12% |
Historical performance and flows
As of May 7, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZBCB | +2.50% | +3.73% | +4.76% | - | - |
XIC | +1.99% | +3.10% | +7.53% | +37.76% | +79.01% | |
| Flows | ZBCB | +$0 M | +$2 M | +$2 M | - | - |
XIC | +$1,153 M | +$3,786 M | +$5,224 M | +$7,776 M | +$11,193 M |
ZBCB vs XIC exposure
Countries
ZBCB
Canada
60.08%
USA
37.89%
XIC
Canada
98.95%
Sectors
ZBCB
Financials
13.73%
Municipal
13.07%
Other
11.16%
Information Technology
9.54%
Energy
7.18%
Other
45.33%
XIC
Financials
28.13%
Energy
18.01%
Materials
15.92%
Other
13.03%
Other
24.92%
As of May 7, 2026
Top 10 Holdings
ZBCB
ROYAL BK CANADA
3.43%
ALPHABET INC-CL
2.75%
APPLE
2.58%
BK OF AMERICA CO
2.20%
AGNICO EAGLE MINES LTD
2.12%
SUNCOR ENERGY
2.06%
TORONTO DOMINION
1.96%
ENBRIDGE
1.95%
AMAZON.COM INC
1.80%
BERKSHIRE HATHWAY
1.79%
XIC
ROYAL BK CANADA
6.69%
TORONTO DOMINION
4.64%
SHOPIFY SUBORDINATE VOTING
4.31%
ENBRIDGE
3.50%
AGNICO EAGLE MINES LTD
3.01%
CDN NATURAL RESOURCE
3.01%
BANK OF MONTREAL
2.83%
CA11271J1075
2.65%
CDN IMPERIAL BK
2.61%
BNS
2.53%
Diversification
ZBCB
Total weight of top 10 holdings out of 14,995 total
22.64%
XIC
Total weight of top 10 holdings out of 221 total
35.80%
Characteristics
Compare
ZBCB
XIC
| Provider | BMO | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity, Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.08% |
| Meets ESG criteria | No | No |
| Inception Date | May 21, 2025 | February 16, 2001 |
Frequently asked questions about ZBCB and XIC
Which ETF has performed better year to date: ZBCB or XIC?
As of May 7, 2026, ZBCB has returned 4.76% year to date, while XIC has returned 7.53%. XIC is ahead on YTD performance.
Which ETF is larger by assets under management: ZBCB or XIC?
As of May 7, 2026, ZBCB manages $8.71 M in assets, while XIC manages $28.82 B. XIC is the larger fund by AUM.
How are ZBCB and XIC managed?
ZBCB is actively managed by BMO. It does not track an index. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do ZBCB and XIC emphasize?
ZBCB is most exposed to Financials, Municipal, and Information Technology. XIC is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: ZBCB or XIC?
Year to date, ZBCB has seen +$1.66 M in net flows, compared with +$5,224.13 M for XIC. XIC has attracted more net investor money so far.
How do the fees of ZBCB and XIC compare?
ZBCB has an expense ratio of 0.45%, while XIC has an expense ratio of 0.06%.
What are the top holdings of ZBCB and XIC?
ZBCB's largest holdings include ROYAL BK CANADA and ALPHABET INC-CL. XIC's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: ZBCB or XIC?
ZBCB holds 5581 securities, while XIC holds 193. On holdings count, ZBCB is the more diversified portfolio.
Recent articles about ZBCB and XIC
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Posted on 1/11/2023 by Tony Dong inETFs
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