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Compare BMO Mid Corporate Bond Index ETF (ZCM) vs iShares 1-5 Year Laddered Corporate Bond Index ETF (CBO) to find the best fit for your portfolio. ZCM provides Finance, Energy, and Utilities exposures, while CBO is primarily weighted in Finance, Industrials, and Utilities. When evaluating costs, ZCM features a management fee (MER) of 0.3%, compared to 0.25% for CBO. Performance-wise, ZCM has returned 0.09% year-to-date with +$199 M in net flows, whereas CBO is at 0.46% with +$175 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
ZCM
CBO
| AuM | $1,480.81 M | $942.87 M |
| Management Fees | 0.30% | 0.25% |
| Exp. ratio | 0.33% | 0.27% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZCM | -1.11% | -2.35% | -0.09% | +0.19% | +21.51% |
CBO | -0.70% | -0.88% | +0.46% | +0.98% | +17.15% | |
| Flows | ZCM | +$10 M | +$85 M | +$199 M | +$277 M | +$1,003 M |
CBO | +$18 M | +$39 M | +$175 M | +$175 M | +$177 M |
ZCM vs CBO exposure
Countries
ZCM
Canada
91.78%
Other
8.22%
CBO
Canada
91.36%
USA
8.39%
Sectors
ZCM
Finance
36.98%
Energy
29.75%
Utilities
13.50%
Telecommunications
13.41%
CBO
Finance
58.12%
Industrials
13.82%
Utilities
12.83%
Other
15.23%
As of September 16, 2026
Top 10 Holdings
ZCM
Brookfield Finance II, 5.431% 14dec2032, CAD
8.18%
Enbridge, 3.1% 21sep2033, CAD
7.81%
TransCanada PipeLines, 4.575% 20feb2035, CAD
5.82%
TransCanada PipeLines, 5.33% 12may2032, CAD
5.45%
TELUS, 5.25% 15nov2032, CAD (CAG)
5.41%
Toronto-Dominion Bank, 4.133% 9jan2033, CAD
5.17%
Choice Properties REIT, 5.4% 1mar2033, CAD (S)
4.77%
Hydro One Inc, 4.25% 4jan2035, CAD (60)
4.52%
Choice Properties REIT, 6.003% 24jun2032, CAD (R)
4.20%
Bank of Nova Scotia, 4.442% 15nov2035, CAD
3.24%
CBO
Toronto-Dominion Bank, 4.133% 9jan2033, CAD
3.89%
Pacific Life Global Funding II, 4.195% 29jul2032, CAD (2025-8)
1.72%
New York Life Global Funding, 4% 17jun2032, CAD (2025-8)
1.72%
Coastal Gaslink Pipeline LP, 4.907% 30jun2031, CAD (C)
1.39%
Massmutual Global Funding II, 4.127% 15jul2032, CAD (2025-5)
1.29%
Greater Toronto Airports Authority, 7.1% 4jun2031, CAD (2001-1)
1.29%
ProLogis LP, 3.6% 15feb2032, CAD
1.27%
Hydro One Inc, 1.69% 16jan2031, CAD (49)
1.09%
Toronto-Dominion Bank, 3.605% 10sep2031, CAD
1.07%
Sun Life Financial, 2.06% 1oct2035, CAD (2020-2)
1.07%
Diversification
ZCM
Total weight of top 10 holdings out of 35 total
54.57%
CBO
Total weight of top 10 holdings out of 454 total
15.79%
Characteristics
Compare
ZCM
CBO
| Provider | BMO | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Mid Term Corporate Bond Total Return Index - CAD | FTSE Canada 1-5 Year Laddered Corporate Bond TR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.43% | 3.55% |
| Meets ESG criteria | No | No |
| Inception Date | January 19, 2010 | February 25, 2009 |
Frequently asked questions about ZCM and CBO
Which ETF has performed better year to date: ZCM or CBO?
As of September 16, 2026, ZCM has returned -0.09% year to date, while CBO has returned 0.46%. CBO is ahead on YTD performance.
Which ETF is larger by assets under management: ZCM or CBO?
As of September 16, 2026, ZCM manages $1.48 B in assets, while CBO manages $942.87 M. ZCM is the larger fund by AUM.
How are ZCM and CBO managed?
ZCM is passively managed by BMO. It tracks the FTSE Canada Mid Term Corporate Bond Total Return Index - CAD benchmark. CBO is passively managed by iShares. It tracks the FTSE Canada 1-5 Year Laddered Corporate Bond TR Index - CAD benchmark.
What sectors do ZCM and CBO emphasize?
ZCM is most exposed to Finance, Energy, and Utilities. CBO is most exposed to Finance, Industrials, and Utilities.
Which ETF is attracting more investor flows: ZCM or CBO?
Year to date, ZCM has seen +$199.14 M in net flows, compared with +$174.96 M for CBO. ZCM has attracted more net investor money so far.
How do the fees of ZCM and CBO compare?
ZCM has an expense ratio of 0.33%, while CBO has an expense ratio of 0.27%.
What are the top holdings of ZCM and CBO?
ZCM's largest holdings include Brookfield Finance II, 5.431% 14dec2032, CAD, Enbridge, 3.1% 21sep2033, CAD, and TransCanada PipeLines, 4.575% 20feb2035, CAD. CBO's top holdings include Toronto-Dominion Bank, 4.133% 9jan2033, CAD, Pacific Life Global Funding II, 4.195% 29jul2032, CAD (2025-8), and New York Life Global Funding, 4% 17jun2032, CAD (2025-8).
Which ETF is more diversified: ZCM or CBO?
ZCM holds 35 securities, while CBO holds 454. On holdings count, CBO is the more diversified portfolio.
Recent articles about ZCM and CBO
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