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Compare BMO US Dividend Growth ETF (ZBDU) vs iShares US Fundamental Index ETF (CLU) to find the best fit for your portfolio. ZBDU provides Finance, Healthcare, and Technology exposures, while CLU is primarily weighted in Finance, Technology, and Healthcare. When evaluating costs, ZBDU features a management fee (MER) of 0.51%, compared to 0.65% for CLU. Performance-wise, ZBDU has returned 12.53% year-to-date with +$2 M in net flows, whereas CLU is at 12.02% with -$10 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
ZBDU
CLU
| AuM | $7.43 M | $114.61 M |
| Management Fees | 0.51% | 0.65% |
| Exp. ratio | 0.51% | 0.72% |
| Tracking Difference | - | -1.21% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZBDU | +0.04% | +7.77% | +12.53% | +21.11% | - |
CLU | +1.94% | +4.53% | +12.02% | +21.59% | +55.62% | |
| Flows | ZBDU | +$0 M | +$0 M | +$2 M | +$5 M | - |
CLU | +$0 M | -$3 M | -$10 M | -$22 M | -$45 M |
ZBDU vs CLU exposure
Countries
ZBDU
USA
95.88%
CLU
USA
95.90%
Sectors
ZBDU
Finance
29.51%
Healthcare
19.84%
Technology
19.09%
Consumer Non-Cyclicals
8.30%
Other
23.26%
CLU
Finance
22.84%
Technology
20.41%
Healthcare
12.19%
Consumer Non-Cyclicals
10.58%
Industrials
7.61%
Other
26.38%
As of July 17, 2026
Top 10 Holdings
ZBDU
Johnson & Johnson
4.18%
Cisco Systems, Inc.
4.18%
Bank of America Corp.
4.13%
Morgan Stanley
3.73%
UnitedHealth Group, Inc.
3.26%
AbbVie, Inc.
3.19%
JPMorgan Chase & Co.
3.17%
Gilead Sciences, Inc.
3.09%
Apple, Inc.
3.02%
Lockheed Martin Corp.
2.98%
CLU
Amazon.com, Inc.
2.46%
Apple, Inc.
2.31%
Microsoft Corp.
2.22%
JPMorgan Chase & Co.
2.11%
Intel Corp.
1.83%
UnitedHealth Group, Inc.
1.67%
Berkshire Hathaway, Inc.
1.67%
Exxon Mobil Corp.
1.45%
Bank of America Corp.
1.30%
Citigroup, Inc.
1.20%
Diversification
ZBDU
Total weight of top 10 holdings out of 48 total
34.93%
CLU
Total weight of top 10 holdings out of 1,007 total
18.21%
Characteristics
Compare
ZBDU
CLU
| Provider | BMO | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | FTSE RAFI US 1000 (CAD Hedged) Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.26% | 1.23% |
| Meets ESG criteria | No | No |
| Inception Date | May 21, 2025 | September 8, 2006 |
Frequently asked questions about ZBDU and CLU
Which ETF has performed better year to date: ZBDU or CLU?
As of July 17, 2026, ZBDU has returned 12.53% year to date, while CLU has returned 12.02%. ZBDU is ahead on YTD performance.
Which ETF is larger by assets under management: ZBDU or CLU?
As of July 17, 2026, ZBDU manages $7.43 M in assets, while CLU manages $114.61 M. CLU is the larger fund by AUM.
How are ZBDU and CLU managed?
ZBDU is actively managed by BMO. It does not track an index. CLU is passively managed by iShares. It tracks the FTSE RAFI US 1000 (CAD Hedged) Total Return Index - CAD benchmark.
What sectors do ZBDU and CLU emphasize?
ZBDU is most exposed to Finance, Healthcare, and Technology. CLU is most exposed to Finance, Technology, and Healthcare.
Which ETF is attracting more investor flows: ZBDU or CLU?
Year to date, ZBDU has seen +$1.77 M in net flows, compared with -$9.68 M for CLU. ZBDU has attracted more net investor money so far.
How do the fees of ZBDU and CLU compare?
ZBDU has an expense ratio of 0.51%, while CLU has an expense ratio of 0.72%.
What are the top holdings of ZBDU and CLU?
ZBDU's largest holdings include Johnson & Johnson, Cisco Systems, Inc., and Bank of America Corp.. CLU's top holdings include Amazon.com, Inc., Apple, Inc., and Microsoft Corp..
Which ETF is more diversified: ZBDU or CLU?
ZBDU holds 47 securities, while CLU holds 991. On holdings count, CLU is the more diversified portfolio.
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