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Compare BMO Long Corporate Bond Index ETF (ZLC) vs BMO High Quality Corporate Bond Index ETF (ZQB) to find the best fit for your portfolio. ZLC provides Energy, Industrials, and Utilities exposures, while ZQB is primarily weighted in Finance, Utilities, and Consumer Cyclicals. When evaluating costs, ZLC features a management fee (MER) of 0.3%, compared to 0.1% for ZQB. Performance-wise, ZLC has returned 0.88% year-to-date with -$179 M in net flows, whereas ZQB is at 1.46% with +$53 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
ZLC
ZQB
| AuM | $269.86 M | $94.80 M |
| Management Fees | 0.30% | 0.10% |
| Exp. ratio | 0.33% | 0.11% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZLC | +2.25% | +2.03% | +0.88% | -0.40% | +19.75% |
ZQB | +0.50% | +0.43% | +1.46% | +1.43% | +17.61% | |
| Flows | ZLC | -$9 M | -$11 M | -$179 M | -$177 M | -$25 M |
ZQB | +$1 M | +$5 M | +$53 M | +$57 M | +$72 M |
ZLC vs ZQB exposure
Countries
ZLC
Canada
92.34%
USA
7.66%
ZQB
Canada
90.53%
USA
9.47%
Sectors
ZLC
Energy
30.66%
Industrials
26.06%
Utilities
25.07%
Other
18.21%
ZQB
Finance
77.38%
Utilities
9.53%
Other
13.09%
As of November 11, 2026
Top 10 Holdings
ZLC
Enbridge, 4.57% 11mar2044, CAD
7.44%
TransCanada PipeLines, 4.35% 6jun2046, CAD
4.75%
Hydro One Inc, 4.89% 13mar2037, CAD
4.21%
Hydro One Inc, 4.85% 30nov2054, CAD (58)
3.91%
407 International, 4.45% 15nov2041, CAD (11-A1)
3.91%
Amazon.com, 5% 12jun2056, CAD
3.80%
AltaGas, 3.99% 30jun2042, CAD (2012-1)
3.68%
TransCanada PipeLines, 4.34% 15oct2049, CAD
3.47%
407 International, 3.6% 21may2047, CAD (16-A1)
3.32%
Greater Toronto Airports Authority, 5.3% 25feb2041, CAD (2011-1)
2.93%
ZQB
Toronto-Dominion Bank, 4.68% 8jan2029, CAD
3.56%
Bank of Montreal, 3.19% 1mar2028, CAD
3.49%
Toronto-Dominion Bank, 5.177% 9apr2034, CAD (D)
2.87%
Bank of Montreal, 4.537% 18dec2028, CAD
2.84%
Toronto-Dominion Bank, 4.477% 18jan2028, CAD
2.84%
Bank of Nova Scotia, 3.1% 2feb2028, CAD
2.79%
Toronto-Dominion Bank, 3.842% 29may2031, CAD
2.77%
Bank of Nova Scotia, 4.442% 15nov2035, CAD
2.75%
Royal Bank of Canada, 3.572% 9dec2031, CAD
2.73%
Bank of Montreal, 3.539% 3mar2032, CAD
2.71%
Diversification
ZLC
Total weight of top 10 holdings out of 42 total
41.43%
ZQB
Total weight of top 10 holdings out of 66 total
29.34%
Characteristics
Compare
ZLC
ZQB
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Long Term Corporate Bond TR Index - CAD | FTSE Canada 1-10 year A+ Corporate Bond GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.58% | 4.02% |
| Meets ESG criteria | No | No |
| Inception Date | January 19, 2010 | February 11, 2020 |
Frequently asked questions about ZLC and ZQB
Which ETF has performed better year to date: ZLC or ZQB?
As of November 11, 2026, ZLC has returned 0.88% year to date, while ZQB has returned 1.46%. ZQB is ahead on YTD performance.
Which ETF is larger by assets under management: ZLC or ZQB?
As of November 11, 2026, ZLC manages $269.86 M in assets, while ZQB manages $94.80 M. ZLC is the larger fund by AUM.
How are ZLC and ZQB managed?
ZLC is passively managed by BMO. It tracks the FTSE Canada Long Term Corporate Bond TR Index - CAD benchmark. ZQB is passively managed by BMO. It tracks the FTSE Canada 1-10 year A+ Corporate Bond GTR Index - CAD benchmark.
What sectors do ZLC and ZQB emphasize?
ZLC is most exposed to Energy, Industrials, and Utilities. ZQB is most exposed to Finance, Utilities, and Consumer Cyclicals.
Which ETF is attracting more investor flows: ZLC or ZQB?
Year to date, ZLC has seen -$179.39 M in net flows, compared with +$52.88 M for ZQB. ZQB has attracted more net investor money so far.
How do the fees of ZLC and ZQB compare?
ZLC has an expense ratio of 0.33%, while ZQB has an expense ratio of 0.11%.
What are the top holdings of ZLC and ZQB?
ZLC's largest holdings include Enbridge, 4.57% 11mar2044, CAD, TransCanada PipeLines, 4.35% 6jun2046, CAD, and Hydro One Inc, 4.89% 13mar2037, CAD. ZQB's top holdings include Toronto-Dominion Bank, 4.68% 8jan2029, CAD, Bank of Montreal, 3.19% 1mar2028, CAD, and Toronto-Dominion Bank, 5.177% 9apr2034, CAD (D).
Which ETF is more diversified: ZLC or ZQB?
ZLC holds 42 securities, while ZQB holds 66. On holdings count, ZQB is the more diversified portfolio.
Recent articles about ZLC and ZQB
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