VS
When evaluating costs, ZMMK features a management fee (MER) of 0.28%, compared to 0.12% for CMR. Performance-wise, ZMMK has returned 1.98% year-to-date with +$625 M in net flows, whereas CMR is at 1.97% with +$115 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
ZMMK
CMR
| AuM | $6,300.21 M | $2,628.72 M |
| Management Fees | 0.28% | 0.12% |
| Exp. ratio | 0.13% | 0.13% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZMMK | +0.20% | +0.59% | +1.98% | +2.36% | +10.85% |
CMR | +0.19% | +0.58% | +1.97% | +2.36% | +10.63% | |
| Flows | ZMMK | +$301 M | +$500 M | +$625 M | +$1,230 M | +$5,130 M |
CMR | -$83 M | -$70 M | +$115 M | +$398 M | +$1,987 M |
ZMMK vs CMR exposure
Countries
ZMMK
Exposure data will be available soon
CMR
Other
86.89%
Canada
13.11%
Sectors
ZMMK
Exposure data will be available soon
CMR
Other
86.89%
Municipal
8.57%
As of November 2, 2026
Top 10 Holdings
ZMMK
Exposure data will be available soon
CMR
CA68325JB449
2.34%
CA05554SY351
1.47%
CA55379XXX79
1.40%
CA563454X698
1.33%
CA625952XV34
1.32%
CA60689MX576
1.22%
CA44925SXL73
1.14%
CA60689MXA66
1.11%
Province of Quebec, Bills 0% 9oct2026, CAD (364D)
1.11%
Alberta, Bills 0% 6apr2027, CAD (364D)
1.09%
Diversification
ZMMK
Exposure data will be available soon
CMR
Total weight of top 10 holdings out of 164 total
13.53%
Characteristics
Frequently asked questions about ZMMK and CMR
Which ETF has performed better year to date: ZMMK or CMR?
As of November 2, 2026, ZMMK has returned 1.98% year to date, while CMR has returned 1.97%. ZMMK is ahead on YTD performance.
Which ETF is larger by assets under management: ZMMK or CMR?
As of November 2, 2026, ZMMK manages $6.30 B in assets, while CMR manages $2.63 B. ZMMK is the larger fund by AUM.
How are ZMMK and CMR managed?
ZMMK is actively managed by BMO. It does not track an index. CMR is actively managed by iShares. It does not track an index.
Which ETF is attracting more investor flows: ZMMK or CMR?
Year to date, ZMMK has seen +$625.01 M in net flows, compared with +$114.95 M for CMR. ZMMK has attracted more net investor money so far.
How do the fees of ZMMK and CMR compare?
ZMMK has an expense ratio of 0.13%, while CMR has an expense ratio of 0.13%.
Recent articles about ZMMK and CMR
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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.




