BMO US Dividend ETF (ZDY) and iShares US Fundamental Index ETF (CLU.C) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZDY focuses its top 3 sector exposures on Technology, Finance, and Healthcare, while CLU.C leans towards Technology, Finance, and Healthcare. When evaluating costs, ZDY features a management fee (MER) of 0.3%, compared to 0.65% for CLU.C. Performance-wise, ZDY has returned 19.69% year-to-date with +$67 M in net flows, whereas CLU.C is at 19.52% with -$9 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
ZDY
CLU.C
| AuM | $891.37 M | $101.17 M |
| Management Fees | 0.30% | 0.65% |
| Exp. ratio | 0.33% | 0.72% |
| Tracking Difference | - | -0.08% |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZDY | +1.07% | +2.33% | +19.69% | +19.78% | +78.53% |
CLU.C | +1.34% | +2.36% | +19.52% | +20.84% | +82.44% | |
| Flows | ZDY | -$15 M | -$12 M | +$67 M | +$67 M | +$163 M |
CLU.C | +$0 M | -$5 M | -$9 M | -$9 M | -$19 M |
ZDY vs CLU.C exposure
Countries
ZDY
USA
97.90%
CLU.C
USA
97.01%
Sectors
ZDY
Technology
34.98%
Finance
15.17%
Healthcare
12.05%
Consumer Non-Cyclicals
9.93%
Energy
7.74%
Other
20.13%
CLU.C
Technology
26.43%
Finance
18.35%
Healthcare
12.81%
Consumer Non-Cyclicals
9.68%
Energy
8.16%
Industrials
7.56%
Other
17.00%
As of October 30, 2026
Top 10 Holdings
ZDY
Dell Technologies, Inc.
4.91%
Apple, Inc.
4.81%
AbbVie, Inc.
3.71%
Cisco Systems, Inc.
3.54%
NVIDIA Corp.
3.09%
Philip Morris International, Inc.
3.02%
Broadcom Inc.
2.78%
QUALCOMM, Inc.
2.78%
Chevron Corp.
2.41%
Microsoft Corp.
2.35%
CLU.C
Apple, Inc.
4.70%
Alphabet, Inc.
3.40%
Microsoft Corp.
3.18%
Amazon.com, Inc.
2.31%
Meta Platforms, Inc.
2.11%
ExxonMobil Holdings Corp.
1.91%
Berkshire Hathaway, Inc.
1.79%
JPMorgan Chase & Co.
1.63%
Intel Corp.
1.43%
Chevron Corp.
1.34%
Diversification
ZDY
Total weight of top 10 holdings out of 96 total
33.40%
CLU.C
Total weight of top 10 holdings out of 991 total
23.79%
Characteristics
Compare
ZDY
CLU.C
| Provider | BMO | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | RAFI Fundamental Select US 1000 NTR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.51% | 1.11% |
| Meets ESG criteria | No | No |
| Inception Date | March 27, 2013 | April 7, 2009 |
Frequently asked questions about ZDY and CLU.C
Which ETF has performed better year to date: ZDY or CLU.C?
As of October 30, 2026, ZDY has returned 19.69% year to date, while CLU.C has returned 19.52%. ZDY is ahead on YTD performance.
Which ETF is larger by assets under management: ZDY or CLU.C?
As of October 30, 2026, ZDY manages $891.37 M in assets, while CLU.C manages $101.17 M. ZDY is the larger fund by AUM.
How are ZDY and CLU.C managed?
ZDY is actively managed by BMO. It does not track an index. CLU.C is passively managed by iShares. It tracks the RAFI Fundamental Select US 1000 NTR Index - CAD benchmark.
What sectors do ZDY and CLU.C emphasize?
ZDY is most exposed to Technology, Finance, and Healthcare. CLU.C is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: ZDY or CLU.C?
Year to date, ZDY has seen +$67.14 M in net flows, compared with -$8.52 M for CLU.C. ZDY has attracted more net investor money so far.
How do the fees of ZDY and CLU.C compare?
ZDY has an expense ratio of 0.33%, while CLU.C has an expense ratio of 0.72%.
What are the top holdings of ZDY and CLU.C?
ZDY's largest holdings include Dell Technologies, Inc., Apple, Inc., and AbbVie, Inc.. CLU.C's top holdings include Apple, Inc., Alphabet, Inc., and Microsoft Corp..
Which ETF is more diversified: ZDY or CLU.C?
ZDY holds 96 securities, while CLU.C holds 991. On holdings count, CLU.C is the more diversified portfolio.
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