VS
BMO Global Infrastructure Index ETF (ZGI) and iShares Global Infrastructure Index ETF (CIF) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZGI focuses its top 3 sector exposures on Energy, Utilities, and Finance, while CIF leans towards Utilities, Industrials, and Energy. When evaluating costs, ZGI features a management fee (MER) of 0.55%, compared to 0.65% for CIF. Performance-wise, ZGI has returned 17.72% year-to-date with +$22 M in net flows, whereas CIF is at 19.6% with +$466 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
ZGI
CIF
| AuM | $529.55 M | $1,578.61 M |
| Management Fees | 0.55% | 0.65% |
| Exp. ratio | 0.61% | 0.72% |
| Tracking Difference | 0.16% | - |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZGI | +10.03% | +1.60% | +17.72% | +18.36% | +64.69% |
CIF | +0.32% | -3.71% | +19.60% | +15.62% | +113.14% | |
| Flows | ZGI | +$4 M | +$6 M | +$22 M | -$9 M | -$271 M |
CIF | +$23 M | +$52 M | +$466 M | +$531 M | +$835 M |
ZGI vs CIF exposure
Countries
ZGI
USA
64.74%
Canada
21.54%
Other
13.72%
CIF
USA
38.91%
Canada
34.87%
Brazil
7.55%
Other
18.67%
Sectors
ZGI
Energy
42.02%
Utilities
41.12%
Finance
10.61%
CIF
Utilities
42.80%
Industrials
28.15%
Energy
23.95%
As of October 30, 2026
Top 10 Holdings
ZGI
Enbridge, Inc.
8.90%
The Williams Cos., Inc.
7.21%
American Tower Corp.
6.69%
National Grid Plc
6.46%
TC Energy Corp.
5.21%
Kinder Morgan, Inc.
5.11%
Targa Resources Corp.
5.03%
Cheniere Energy, Inc.
4.72%
US30609A1097
4.70%
Sempra
4.38%
CIF
ATCO Ltd.
5.10%
Edison International
4.90%
Targa Resources Corp.
4.52%
Caterpillar, Inc.
4.06%
Scorpio Tankers, Inc.
3.95%
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP
3.77%
Canadian Utilities Ltd.
3.61%
Enel Chile SA
3.45%
UGI Corp.
3.20%
Stantec, Inc.
3.11%
Diversification
ZGI
Total weight of top 10 holdings out of 50 total
58.41%
CIF
Total weight of top 10 holdings out of 60 total
39.66%
Characteristics
Compare
ZGI
CIF
| Provider | BMO | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Dow Jones Brookfield Global Infrastructure North American Listed Net Total Return Index - CAD | MFC Global Infrastructure Index - USD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.24% | 1.75% |
| Meets ESG criteria | No | No |
| Inception Date | January 19, 2010 | August 27, 2008 |
Frequently asked questions about ZGI and CIF
Which ETF has performed better year to date: ZGI or CIF?
As of October 30, 2026, ZGI has returned 17.72% year to date, while CIF has returned 19.60%. CIF is ahead on YTD performance.
Which ETF is larger by assets under management: ZGI or CIF?
As of October 30, 2026, ZGI manages $529.55 M in assets, while CIF manages $1.58 B. CIF is the larger fund by AUM.
How are ZGI and CIF managed?
ZGI is passively managed by BMO. It tracks the Dow Jones Brookfield Global Infrastructure North American Listed Net Total Return Index - CAD benchmark. CIF is passively managed by iShares. It tracks the MFC Global Infrastructure Index - USD benchmark.
What sectors do ZGI and CIF emphasize?
ZGI is most exposed to Energy, Utilities, and Finance. CIF is most exposed to Utilities, Industrials, and Energy.
Which ETF is attracting more investor flows: ZGI or CIF?
Year to date, ZGI has seen +$21.74 M in net flows, compared with +$465.61 M for CIF. CIF has attracted more net investor money so far.
How do the fees of ZGI and CIF compare?
ZGI has an expense ratio of 0.61%, while CIF has an expense ratio of 0.72%.
What are the top holdings of ZGI and CIF?
ZGI's largest holdings include Enbridge, Inc., The Williams Cos., Inc., and American Tower Corp.. CIF's top holdings include ATCO Ltd., Edison International, and Targa Resources Corp..
Which ETF is more diversified: ZGI or CIF?
ZGI holds 50 securities, while CIF holds 60. On holdings count, CIF is the more diversified portfolio.
Recent articles about ZGI and CIF
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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.




