ZCM
BMO Mid Corporate Bond Index ETF

Full ZCM fund page
VS
ZQB
BMO High Quality Corporate Bond Index ETF

Full ZQB fund page

Compare BMO Mid Corporate Bond Index ETF (ZCM) vs BMO High Quality Corporate Bond Index ETF (ZQB) to find the best fit for your portfolio. ZCM provides Finance, Energy, and Utilities exposures, while ZQB is primarily weighted in Finance, Utilities, and Industrials. When evaluating costs, ZCM features a management fee (MER) of 0.3%, compared to 0.1% for ZQB. Performance-wise, ZCM has returned 0.2% year-to-date with +$190 M in net flows, whereas ZQB is at 0.33% with +$50 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-1.0-0.50.00.5%Aug 17Aug 24Aug 31Sep 8Sep 15

Key Data

Historical performance and flows

As of September 15, 2026
1M3MYTD1Y3Y
Perf.
ZCM
-1.22%-2.38%-0.20%+0.21%+21.24%
ZQB
-0.82%-1.20%+0.33%+0.97%+17.45%
Flows
ZCM
+$1 M+$76 M+$190 M+$268 M+$994 M
ZQB
+$1 M+$11 M+$50 M+$54 M+$70 M

ZCM vs ZQB exposure

Countries

ZCM
Canada
91.78%
Other
8.22%
ZQB
Canada
93.13%

Sectors

ZCM
Finance
36.98%
Energy
29.75%
Utilities
13.50%
Telecommunications
13.41%
ZQB
Finance
77.12%
Utilities
9.63%
Other
13.25%
As of September 15, 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%
ZQB
Bank of Montreal, 3.19% 1mar2028, CAD
4.87%
Toronto-Dominion Bank, 4.68% 8jan2029, CAD
3.57%
Bank of Nova Scotia, 3.1% 2feb2028, CAD
3.47%
Toronto-Dominion Bank, 5.177% 9apr2034, CAD (D)
2.88%
Bank of Montreal, 4.537% 18dec2028, CAD
2.85%
Toronto-Dominion Bank, 4.477% 18jan2028, CAD
2.83%
Bank of Nova Scotia, 4.442% 15nov2035, CAD
2.80%
Toronto-Dominion Bank, 3.842% 29may2031, CAD
2.79%
Royal Bank of Canada, 4.371% 1may2037, CAD
2.76%
Royal Bank of Canada, 3.572% 9dec2031, CAD
2.75%

Diversification

ZCM
Total weight of top 10 holdings out of 35 total
54.57%
ZQB
Total weight of top 10 holdings out of 64 total
31.56%

Characteristics

Compare
ZCM
ZQB
ProviderBMOBMO
ManagementPassively managedPassively managed
BenchmarkFTSE Canada Mid Term Corporate Bond Total Return Index - CADFTSE Canada 1-10 year A+ Corporate Bond GTR Index - CAD
Replication MethodDirect (Physical)Direct (Physical)
Asset ClassFixed IncomeFixed Income
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield4.44%3.97%
Meets ESG criteriaNoNo
Inception DateJanuary 19, 2010February 11, 2020

Frequently asked questions about ZCM and ZQB

Which ETF has performed better year to date: ZCM or ZQB?
As of September 15, 2026, ZCM has returned -0.20% year to date, while ZQB has returned 0.33%. ZQB is ahead on YTD performance.
Which ETF is larger by assets under management: ZCM or ZQB?
As of September 15, 2026, ZCM manages $1.47 B in assets, while ZQB manages $91.54 M. ZCM is the larger fund by AUM.
How are ZCM and ZQB managed?
ZCM is passively managed by BMO. It tracks the FTSE Canada Mid Term Corporate Bond Total Return Index - CAD benchmark. ZQB is passively managed by BMO. It tracks the FTSE Canada 1-10 year A+ Corporate Bond GTR Index - CAD benchmark.
What sectors do ZCM and ZQB emphasize?
ZCM is most exposed to Finance, Energy, and Utilities. ZQB is most exposed to Finance, Utilities, and Industrials.
Which ETF is attracting more investor flows: ZCM or ZQB?
Year to date, ZCM has seen +$189.99 M in net flows, compared with +$49.74 M for ZQB. ZCM has attracted more net investor money so far.
How do the fees of ZCM and ZQB compare?
ZCM has an expense ratio of 0.33%, while ZQB has an expense ratio of 0.11%.
What are the top holdings of ZCM and ZQB?
ZCM's largest holdings include Brookfield Finance II, 5.431% 14dec2032, CAD, Enbridge, 3.1% 21sep2033, CAD, and TransCanada PipeLines, 4.575% 20feb2035, CAD. ZQB's top holdings include Bank of Montreal, 3.19% 1mar2028, CAD, Toronto-Dominion Bank, 4.68% 8jan2029, CAD, and Bank of Nova Scotia, 3.1% 2feb2028, CAD.
Which ETF is more diversified: ZCM or ZQB?
ZCM holds 35 securities, while ZQB holds 64. On holdings count, ZQB is the more diversified portfolio.

Recent articles about ZCM and ZQB

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