VS
BMO Canadian Core Plus US Balanced ETF (ZBCB) and BMO Balanced ETF (ZBAL) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZBCB focuses its top 3 sector exposures on Finance, Technology, and Municipal, while ZBAL leans towards Finance, Technology, and Sovereign. When evaluating costs, ZBCB features a management fee (MER) of 0.45%, compared to 0.18% for ZBAL. Performance-wise, ZBCB has returned 8.3% year-to-date with +$3 M in net flows, whereas ZBAL is at 9.4% with +$186 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
ZBCB
ZBAL
| AuM | $10.74 M | $672.72 M |
| Management Fees | 0.45% | 0.18% |
| Exp. ratio | 0.45% | 0.20% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 4, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZBCB | -0.18% | +1.08% | +8.30% | +13.25% | - |
ZBAL | -0.58% | +0.83% | +9.40% | +14.29% | +49.65% | |
| Flows | ZBCB | +$2 M | +$2 M | +$3 M | +$7 M | - |
ZBAL | +$19 M | +$69 M | +$186 M | +$228 M | +$406 M |
ZBCB vs ZBAL exposure
Countries
ZBCB
Canada
56.77%
USA
38.49%
ZBAL
Canada
42.93%
USA
38.12%
Other
18.94%
Sectors
ZBCB
Finance
29.62%
Technology
14.83%
Municipal
12.10%
Energy
10.08%
Other
33.37%
ZBAL
Finance
19.26%
Technology
16.74%
Sovereign
14.93%
Municipal
8.83%
Industrials
7.32%
Other
32.93%
As of September 4, 2026
Top 10 Holdings
ZBCB
Royal Bank of Canada
3.24%
Alphabet, Inc.
3.05%
NVIDIA Corp.
2.50%
Bank of America Corp.
2.44%
Apple, Inc.
2.44%
Amazon.com, Inc.
1.91%
Suncor Energy, Inc.
1.90%
Canadian Natural Resources Ltd.
1.83%
Agnico Eagle Mines Ltd.
1.81%
The Toronto-Dominion Bank
1.73%
ZBAL
Canada, Bond 0.5 1oct2030 10Y
5.15%
Apple, Inc.
2.09%
NVIDIA Corp.
2.02%
CMHC, 1.9% 15mar2031, CAD (100)
1.92%
Province of Quebec, 1.5% 1sep2031, CAD (B128)
1.53%
Canada, Bonds 2.25% 1dec2029, CAD
1.45%
Microsoft Corp.
1.43%
Province of Ontario, 2.65% 2dec2050, CAD (DMTN242)
1.43%
Province of Ontario, 2.05% 2jun2030, CAD (DMTN243)
1.42%
Sun Life Financial, 2.06% 1oct2035, CAD (2020-2)
1.39%
Diversification
ZBCB
Total weight of top 10 holdings out of 16,100 total
22.86%
ZBAL
Total weight of top 10 holdings out of 19,892 total
19.82%
Characteristics
Frequently asked questions about ZBCB and ZBAL
Which ETF has performed better year to date: ZBCB or ZBAL?
As of September 4, 2026, ZBCB has returned 8.30% year to date, while ZBAL has returned 9.40%. ZBAL is ahead on YTD performance.
Which ETF is larger by assets under management: ZBCB or ZBAL?
As of September 4, 2026, ZBCB manages $10.74 M in assets, while ZBAL manages $672.72 M. ZBAL is the larger fund by AUM.
How are ZBCB and ZBAL managed?
ZBCB is actively managed by BMO. It does not track an index. ZBAL is actively managed by BMO. It does not track an index.
What sectors do ZBCB and ZBAL emphasize?
ZBCB is most exposed to Finance, Technology, and Municipal. ZBAL is most exposed to Finance, Technology, and Sovereign.
Which ETF is attracting more investor flows: ZBCB or ZBAL?
Year to date, ZBCB has seen +$3.44 M in net flows, compared with +$186.30 M for ZBAL. ZBAL has attracted more net investor money so far.
How do the fees of ZBCB and ZBAL compare?
ZBCB has an expense ratio of 0.45%, while ZBAL has an expense ratio of 0.20%.
What are the top holdings of ZBCB and ZBAL?
ZBCB's largest holdings include Royal Bank of Canada, Alphabet, Inc., and NVIDIA Corp.. ZBAL's top holdings include Canada, Bond 0.5 1oct2030 10Y and Apple, Inc..
Which ETF is more diversified: ZBCB or ZBAL?
ZBCB holds 6680 securities, while ZBAL holds 11658. On holdings count, ZBAL is the more diversified portfolio.
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