BMO Growth ETF (ZGRO) and CI Growth Asset Allocation ETF (CGRO) 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 CGRO leans towards Finance, Technology, and Industrials. When evaluating costs, ZGRO features a management fee (MER) of 0.18%, compared to 0.22% for CGRO. Performance-wise, ZGRO has returned 11.85% year-to-date with +$204 M in net flows, whereas CGRO is at 11.91% with +$35 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
ZGRO
CGRO
| AuM | $845.20 M | $101.56 M |
| Management Fees | 0.18% | 0.22% |
| Exp. ratio | 0.20% | 0.30% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZGRO | -1.52% | -1.12% | +11.85% | +11.97% | +65.49% |
CGRO | -1.32% | -0.98% | +11.91% | +12.46% | +65.27% | |
| Flows | ZGRO | +$23 M | +$58 M | +$204 M | +$221 M | +$459 M |
CGRO | +$5 M | +$9 M | +$35 M | +$36 M | +$83 M |
ZGRO vs CGRO exposure
Countries
ZGRO
USA
43.97%
Canada
32.84%
Other
23.19%
CGRO
Canada
38.74%
USA
30.51%
Other
30.75%
Sectors
ZGRO
Technology
24.22%
Finance
20.89%
Industrials
8.13%
Sovereign
7.36%
Other
39.39%
CGRO
Finance
22.48%
Technology
20.68%
Industrials
7.91%
Non-Energy Materials
7.16%
Other
41.77%
As of November 10, 2026
Top 10 Holdings
ZGRO
CA05575T1003
37.23%
CA05574G1090
19.55%
CA05590X1024
13.83%
CA05579E1097
13.13%
CA05576Y1088
7.54%
CA05592U1140
5.83%
CA05589X1050
1.94%
CA05589W2067
0.95%
CGRO
CA12566G1054
30.39%
CA1254661020
23.79%
US46432F8427
17.58%
CA17167D1042
16.02%
US46434G1031
8.13%
CA12548U1075
3.85%
Diversification
ZGRO
Total weight of top 10 holdings out of 19,745 total
100.00%
CGRO
Total weight of top 10 holdings out of 7,946 total
99.75%
Characteristics
Frequently asked questions about ZGRO and CGRO
Which ETF has performed better year to date: ZGRO or CGRO?
As of November 10, 2026, ZGRO has returned 11.85% year to date, while CGRO has returned 11.91%. CGRO is ahead on YTD performance.
Which ETF is larger by assets under management: ZGRO or CGRO?
As of November 10, 2026, ZGRO manages $845.20 M in assets, while CGRO manages $101.56 M. ZGRO is the larger fund by AUM.
How are ZGRO and CGRO managed?
ZGRO is actively managed by BMO. It does not track an index. CGRO is actively managed by CI. It does not track an index.
Which ETF is more diversified: ZGRO or CGRO?
ZGRO holds 1 securities, while CGRO holds 1. On holdings count, ZGRO is the more diversified portfolio.
Which ETF is attracting more investor flows: ZGRO or CGRO?
Year to date, ZGRO has seen +$203.58 M in net flows, compared with +$34.99 M for CGRO. ZGRO has attracted more net investor money so far.
How do the fees of ZGRO and CGRO compare?
ZGRO has an expense ratio of 0.20%, while CGRO has an expense ratio of 0.30%.
What sectors do ZGRO and CGRO emphasize?
ZGRO is most exposed to Technology, Finance, and Industrials. CGRO is most exposed to Finance, Technology, and Industrials.
Recent articles about ZGRO and CGRO
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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.


