ZGRO
BMO Growth ETF

Full ZGRO fund page
VS
CAGE
Avantis CIBC All-Equity Asset Allocation ETF

Full CAGE fund page

BMO Growth ETF (ZGRO) and Avantis CIBC All-Equity Asset Allocation ETF (CAGE) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZGRO focuses its top 3 sector exposures on Technology, Finance, and Industrials, while CAGE leans towards Finance, Technology, and Energy. When evaluating costs, ZGRO features a management fee (MER) of 0.18%, compared to 0.28% for CAGE. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-1.5-1.0-0.50.00.5%Aug 18Aug 25Sep 1Sep 9Sep 16

Key Data

Historical performance and flows

As of September 18, 2026
1M3MYTD1Y3Y
Perf.
ZGRO
-0.48%-0.03%+11.99%+15.93%+65.03%
CAGE
-0.47%+1.08%---
Flows
ZGRO
+$19 M+$50 M+$171 M+$216 M+$429 M
CAGE
+$98 M+$351 M---

ZGRO vs CAGE exposure

Countries

ZGRO
USA
43.28%
Canada
33.80%
Other
22.92%
CAGE
USA
43.25%
Canada
28.71%
Other
28.04%

Sectors

ZGRO
Technology
22.02%
Finance
21.92%
Industrials
8.41%
Sovereign
7.45%
Other
40.21%
CAGE
Finance
25.48%
Technology
18.33%
Energy
10.91%
Industrials
10.60%
Non-Energy Materials
10.35%
Other
24.34%
As of September 18, 2026

Top 10 Holdings

ZGRO
Apple, Inc.
2.77%
NVIDIA Corp.
2.68%
Canada, Bond 0.5 1oct2030 10Y
2.57%
Microsoft Corp.
1.90%
Royal Bank of Canada
1.66%
Amazon.com, Inc.
1.31%
The Toronto-Dominion Bank
1.13%
Alphabet, Inc.
1.11%
Broadcom Inc.
1.04%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.03%
CAGE
Royal Bank of Canada
2.12%
NVIDIA Corp.
2.04%
Apple, Inc.
1.98%
The Toronto-Dominion Bank
1.54%
Microsoft Corp.
1.48%
Amazon.com, Inc.
1.47%
Suncor Energy, Inc.
0.88%
Bank of Montreal
0.87%
Canadian Natural Resources Ltd.
0.86%
Canadian Imperial Bank of Commerce
0.85%

Diversification

ZGRO
Total weight of top 10 holdings out of 19,892 total
17.20%
CAGE
Total weight of top 10 holdings out of 7,200 total
14.09%

Characteristics

Compare
ZGRO
CAGE
ProviderBMOCIBC
ManagementActively managedActively managed
Benchmark--
Replication Method
Asset ClassEquity, Fixed IncomeEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield1.43%-
Meets ESG criteriaNoNo
Inception DateFebruary 15, 2019March 18, 2026

Frequently asked questions about ZGRO and CAGE

Which ETF is larger by assets under management: ZGRO or CAGE?
As of September 18, 2026, ZGRO manages $816.16 M in assets, while CAGE manages $993.86 M. CAGE is the larger fund by AUM.
How are ZGRO and CAGE managed?
ZGRO is actively managed by BMO. It does not track an index. CAGE is actively managed by CIBC. It does not track an index.
What sectors do ZGRO and CAGE emphasize?
ZGRO is most exposed to Technology, Finance, and Industrials. CAGE is most exposed to Finance, Technology, and Energy.
How do the fees of ZGRO and CAGE compare?
ZGRO has an expense ratio of 0.20%, while CAGE has an expense ratio of 0.28%.
What are the top holdings of ZGRO and CAGE?
ZGRO's largest holdings include Apple, Inc., NVIDIA Corp., and Canada, Bond 0.5 1oct2030 10Y. CAGE's top holdings include Royal Bank of Canada, NVIDIA Corp., and Apple, Inc..
Which ETF is more diversified: ZGRO or CAGE?
ZGRO holds 11658 securities, while CAGE holds 7165. On holdings count, ZGRO is the more diversified portfolio.

Recent articles about ZGRO and CAGE

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