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 Real Estate, 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 10.96% year-to-date with -$6 M in net flows, whereas CIF is at 19.45% with +$171 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 | $478.07 M | $1,308.72 M |
| Management Fees | 0.55% | 0.65% |
| Exp. ratio | 0.61% | 0.72% |
| Tracking Difference | -0.28% | - |
Historical performance and flows
As of April 27, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZGI | -3.04% | +8.11% | +10.96% | +11.10% | +41.20% |
CIF | +4.66% | +10.24% | +19.45% | +48.00% | +111.64% | |
| Flows | ZGI | -$3 M | -$5 M | -$6 M | -$149 M | -$280 M |
CIF | +$20 M | +$142 M | +$171 M | +$382 M | +$528 M |
ZGI vs CIF exposure
Countries
ZGI
USA
78.32%
Canada
21.58%
CIF
USA
57.63%
Canada
33.30%
Other
9.07%
Sectors
ZGI
Energy
44.69%
Utilities
34.90%
Real Estate
10.32%
Other
9.98%
CIF
Utilities
34.63%
Other
26.55%
Industrials
22.00%
Energy
16.82%
As of April 27, 2026
Top 10 Holdings
ZGI
ENBRIDGE
9.23%
WILLIAMS
6.90%
US6362744095
6.48%
AMERICAN TOWER CL A REIT
6.21%
KINDER MORGAN
5.13%
TC ENERGY CORP
5.11%
CHENIERE ENERGY
4.93%
SEMPRA ENERGY
4.91%
ONEOK
4.55%
TARGA RESOURCS
4.15%
CIF
ATCO
4.93%
STERLING INFRASTRUCTURE INC
4.72%
TARGA RESOURCS
4.18%
US20441A1025
4.10%
US29278D1054
3.97%
EDISON INTERNATIONAL
3.80%
SCORPIO TANKERS
3.60%
CATERPILLAR
3.56%
CANADIAN UTILITIES
3.37%
STANTEC
3.31%
Diversification
ZGI
Total weight of top 10 holdings out of 49 total
57.60%
CIF
Total weight of top 10 holdings out of 60 total
39.55%
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 | 2.38% | 1.85% |
| 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 April 27, 2026, ZGI has returned 10.96% year to date, while CIF has returned 19.45%. CIF is ahead on YTD performance.
Which ETF is larger by assets under management: ZGI or CIF?
As of April 27, 2026, ZGI manages $478.07 M in assets, while CIF manages $1.31 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 Real Estate. 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 -$5.93 M in net flows, compared with +$171.01 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 and WILLIAMS. CIF's top holdings include ATCO and STERLING INFRASTRUCTURE INC.
Which ETF is more diversified: ZGI or CIF?
ZGI holds 43 securities, while CIF holds 45. On holdings count, CIF is the more diversified portfolio.
Recent articles about ZGI and CIF
3 Canadian ETFs that Beat Inflation in 2022
These ETFs managed to stay in the green despite soaring inflation this year.
Posted on 1/3/2023 by Tony Dong inInflation
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.