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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
Key Data
Compare
ZCM
ZQB
| AuM | $1,470.02 M | $91.54 M |
| Management Fees | 0.30% | 0.10% |
| Exp. ratio | 0.33% | 0.11% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| 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
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Mid Term Corporate Bond Total Return Index - CAD | FTSE Canada 1-10 year A+ Corporate Bond GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.44% | 3.97% |
| Meets ESG criteria | No | No |
| Inception Date | January 19, 2010 | February 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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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.


