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BMO Mid-Term US IG Corporate Bond Index ETF (ZIC) and BMO ESG US Corporate Bond Hedged to CAD Index ETF (ESGF) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZIC focuses its top 3 sector exposures on Finance, Technology, and Healthcare, while ESGF leans towards Finance, Technology, and Healthcare. When evaluating costs, ZIC features a management fee (MER) of 0.25%, compared to 0.2% for ESGF. Performance-wise, ZIC has returned 0.36% year-to-date with -$30 M in net flows, whereas ESGF is at 3.62% with +$2 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
ZIC
ESGF
| AuM | $3,333.92 M | $27.20 M |
| Management Fees | 0.25% | 0.20% |
| Exp. ratio | 0.28% | 0.23% |
| Tracking Difference | -0.04% | -0.19% |
Historical performance and flows
As of October 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZIC | -0.90% | -2.52% | -0.36% | -2.39% | +24.12% |
ESGF | -1.23% | -2.47% | -3.62% | -4.48% | +13.07% | |
| Flows | ZIC | -$296 M | -$194 M | -$30 M | +$169 M | +$248 M |
ESGF | +$1 M | +$1 M | +$2 M | +$4 M | +$11 M |
ZIC vs ESGF exposure
Countries
ZIC
USA
83.87%
Other
16.13%
ESGF
USA
84.61%
Other
15.39%
Sectors
ZIC
Finance
33.55%
Technology
14.16%
Healthcare
9.18%
Energy
8.82%
Other
34.28%
ESGF
Finance
33.09%
Technology
15.67%
Healthcare
12.57%
Other
38.67%
As of October 20, 2026
Top 10 Holdings
ZIC
Meta Platforms, 4.875% 15nov2035, USD
0.66%
Meta Platforms, 5.25% 15may2036, USD
0.63%
Space Exploration Technologies, 5.65% 15jul2033, USD
0.62%
Amazon.com, 4.875% 13mar2036, USD
0.62%
Space Exploration Technologies, 5.875% 15jul2036, USD
0.61%
Bank of America Corporation, 5.468% 23jan2035, USD (N)
0.54%
Bank of America Corporation, 5.288% 25apr2034, USD (N)
0.54%
Bank of America Corporation, 5.015% 22jul2033, USD (N)
0.53%
Pfizer, 4.75% 19may2033, USD
0.53%
Oracle, 5.7% 4feb2036, USD
0.51%
ESGF
HSBC Holdings plc, 2.804% 24may2032, USD
0.92%
Aercap Holdings, 3.3% 30jan2032, USD
0.70%
America Movil, 6.125% 30mar2040, USD
0.52%
Bank of America Corporation, 5.468% 23jan2035, USD (N)
0.52%
Bank of America Corporation, 3.419% 20dec2028, USD
0.51%
NVIDIA, 4.5% 15jun2031, USD
0.50%
NVIDIA, 4.95% 15jun2036, USD
0.49%
Goldman Sachs, 5.065% 21jan2037, USD
0.49%
Goldman Sachs, 6.75% 1oct2037, USD
0.48%
JP Morgan, 5.35% 1jun2034, USD
0.47%
Diversification
ZIC
Total weight of top 10 holdings out of 735 total
5.80%
ESGF
Total weight of top 10 holdings out of 728 total
5.60%
Characteristics
Compare
ZIC
ESGF
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Bloomberg U.S. Investment Grade 5-10 Year Corporate Bond Capped Total Return Index - CAD | Bloomberg MSCI US Corporate Sustainability SRI Index CAD Unhedged - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.69% | 4.59% |
| Meets ESG criteria | No | Yes |
| Inception Date | March 19, 2013 | January 23, 2020 |
Frequently asked questions about ZIC and ESGF
Which ETF has performed better year to date: ZIC or ESGF?
As of October 20, 2026, ZIC has returned -0.36% year to date, while ESGF has returned -3.62%. ZIC is ahead on YTD performance.
Which ETF is larger by assets under management: ZIC or ESGF?
As of October 20, 2026, ZIC manages $3.33 B in assets, while ESGF manages $27.20 M. ZIC is the larger fund by AUM.
How are ZIC and ESGF managed?
ZIC is passively managed by BMO. It tracks the Bloomberg U.S. Investment Grade 5-10 Year Corporate Bond Capped Total Return Index - CAD benchmark. ESGF is passively managed by BMO. It tracks the Bloomberg MSCI US Corporate Sustainability SRI Index CAD Unhedged - CAD benchmark.
What sectors do ZIC and ESGF emphasize?
ZIC is most exposed to Finance, Technology, and Healthcare. ESGF is most exposed to Finance, Technology, and Healthcare.
Which ETF is attracting more investor flows: ZIC or ESGF?
Year to date, ZIC has seen -$30.30 M in net flows, compared with +$2.34 M for ESGF. ESGF has attracted more net investor money so far.
How do the fees of ZIC and ESGF compare?
ZIC has an expense ratio of 0.28%, while ESGF has an expense ratio of 0.23%.
What are the top holdings of ZIC and ESGF?
ZIC's largest holdings include Meta Platforms, 4.875% 15nov2035, USD, Meta Platforms, 5.25% 15may2036, USD, and Space Exploration Technologies, 5.65% 15jul2033, USD. ESGF's top holdings include HSBC Holdings plc, 2.804% 24may2032, USD, Aercap Holdings, 3.3% 30jan2032, USD, and America Movil, 6.125% 30mar2040, USD.
Which ETF is more diversified: ZIC or ESGF?
ZIC holds 712 securities, while ESGF holds 727. On holdings count, ESGF is the more diversified portfolio.
Recent articles about ZIC and ESGF
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