VS
BMO Mid-Term US IG Corporate Bond Index ETF (ZIC) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZIC focuses its top 3 sector exposures on Banks, Pharmaceutical preparation and biotechnology, and Pipelines, while ZEB leans towards Finance. When evaluating costs, ZIC features a management fee (MER) of 0.25%, compared to 0.25% for ZEB. Performance-wise, ZIC has returned 2.08% year-to-date with +$164 M in net flows, whereas ZEB is at 35.79% with +$267 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
ZEB
| AuM | $3,656.34 M | $7,493.90 M |
| Management Fees | 0.25% | 0.25% |
| Exp. ratio | 0.28% | 0.28% |
| Tracking Difference | -0.03% | -0.65% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZIC | -0.77% | +1.51% | +2.08% | +6.50% | +25.12% |
ZEB | +6.04% | +19.90% | +35.79% | +71.33% | +157.89% | |
| Flows | ZIC | -$86 M | +$10 M | +$164 M | +$298 M | +$398 M |
ZEB | +$1,233 M | +$1,278 M | +$267 M | +$768 M | -$484 M |
ZIC vs ZEB exposure
Countries
ZIC
USA
58.29%
Other
29.63%
Other
12.08%
ZEB
Canada
100.00%
Sectors
ZIC
Other
29.63%
Banks
14.59%
Other
55.78%
ZEB
Finance
100.00%
As of July 17, 2026
Top 10 Holdings
ZIC
US30303MAD48
0.71%
US023135DF00
0.65%
Bank of America Corporation, 5.288% 25apr2034, USD (N)
0.56%
Bank of America Corporation, 5.468% 23jan2035, USD (N)
0.56%
Pfizer, 4.75% 19may2033, USD
0.55%
Bank of America Corporation, 5.015% 22jul2033, USD (N)
0.54%
US68389XDZ50
0.52%
JP Morgan, 5.35% 1jun2034, USD
0.50%
Wells Fargo, 5.557% 25jul2034, USD (W)
0.49%
US79466LAU89
0.49%
ZEB
The Toronto-Dominion Bank
17.52%
Royal Bank of Canada
17.09%
Bank of Montreal
16.85%
The Bank of Nova Scotia
16.38%
Canadian Imperial Bank of Commerce
16.27%
National Bank of Canada
15.89%
Diversification
ZIC
Total weight of top 10 holdings out of 706 total
5.56%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
ZIC
ZEB
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Bloomberg U.S. Investment Grade 5-10 Year Corporate Bond Capped Total Return Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.36% | 2.23% |
| Meets ESG criteria | No | No |
| Inception Date | March 19, 2013 | October 20, 2009 |
Frequently asked questions about ZIC and ZEB
Which ETF has performed better year to date: ZIC or ZEB?
As of July 17, 2026, ZIC has returned 2.08% year to date, while ZEB has returned 35.79%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: ZIC or ZEB?
As of July 17, 2026, ZIC manages $3.66 B in assets, while ZEB manages $7.49 B. ZEB is the larger fund by AUM.
How are ZIC and ZEB 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. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do ZIC and ZEB emphasize?
ZIC is most exposed to Banks, Pharmaceutical preparation and biotechnology, and Pipelines. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: ZIC or ZEB?
Year to date, ZIC has seen +$163.69 M in net flows, compared with +$266.52 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of ZIC and ZEB compare?
ZIC has an expense ratio of 0.28%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of ZIC and ZEB?
ZIC's largest holdings include Bank of America Corporation, 5.288% 25apr2034, USD (N) and Bank of America Corporation, 5.468% 23jan2035, USD (N). ZEB's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: ZIC or ZEB?
ZIC holds 520 securities, while ZEB holds 6. On holdings count, ZIC is the more diversified portfolio.
Recent articles about ZIC and ZEB
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