VS
BMO Laddered Preferred Share Index ETF (ZPR) and iShares Core S&P/TSX Capped Composite Index ETF (XIC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZPR focuses its top 3 sector exposures on Financials, Energy, and Utilities, while XIC leans towards Financials, Energy, and Materials. When evaluating costs, ZPR features a management fee (MER) of 0.45%, compared to 0.05% for XIC. Performance-wise, ZPR has returned 4.85% year-to-date with -$12 M in net flows, whereas XIC is at 7.64% with +$5 B. 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
ZPR
XIC
| AuM | $1,549.93 M | $28,761.43 M |
| Management Fees | 0.45% | 0.05% |
| Exp. ratio | 0.50% | 0.06% |
| Tracking Difference | -0.80% | -0.12% |
Historical performance and flows
As of May 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZPR | +2.89% | +4.20% | +4.85% | +24.62% | +66.77% |
XIC | +2.98% | +5.89% | +7.64% | +39.94% | +78.93% | |
| Flows | ZPR | +$12 M | +$32 M | -$12 M | +$17 M | -$457 M |
XIC | +$1,120 M | +$4,114 M | +$5,138 M | +$7,706 M | +$11,101 M |
ZPR vs XIC exposure
Countries
ZPR
Canada
98.25%
XIC
Canada
98.95%
Sectors
ZPR
Financials
25.82%
Energy
24.03%
Utilities
17.98%
Other
16.96%
Communication Services
9.60%
XIC
Financials
28.13%
Energy
18.01%
Materials
15.92%
Other
13.03%
Other
24.92%
As of May 1, 2026
Top 10 Holdings
ZPR
BCE CUM RED FST SRS AK PRF
2.41%
ENBRIDGE INC
1.88%
NATIONAL BANK OF CANADA
1.69%
CA11271J6850
1.54%
INTACT NON CUM RT RES CL A SRS 3 PRF
1.49%
TORONTO-DOMINION BANK PRF
1.48%
TC ENERGY CORP CUM RED FIRST SR 5 PRF
1.48%
FORTIS INC CUM RED FXD PRF M
1.45%
TC ENERGY CORP PRF
1.43%
POWER FI 4.40% NON CUM 5 YR SR P PRF
1.42%
XIC
ROYAL BK CANADA
6.69%
TORONTO DOMINION
4.64%
SHOPIFY SUBORDINATE VOTING
4.31%
ENBRIDGE
3.50%
AGNICO EAGLE MINES LTD
3.01%
CDN NATURAL RESOURCE
3.01%
BANK OF MONTREAL
2.83%
CA11271J1075
2.65%
CDN IMPERIAL BK
2.61%
BNS
2.53%
Diversification
ZPR
Total weight of top 10 holdings out of 118 total
16.28%
XIC
Total weight of top 10 holdings out of 221 total
35.80%
Characteristics
Compare
ZPR
XIC
| Provider | BMO | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Laddered Canadian Preferred Share Total Return Index - CAD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.03% | 2.08% |
| Meets ESG criteria | No | No |
| Inception Date | November 14, 2012 | February 16, 2001 |
Frequently asked questions about ZPR and XIC
Which ETF has performed better year to date: ZPR or XIC?
As of May 1, 2026, ZPR has returned 4.85% year to date, while XIC has returned 7.64%. XIC is ahead on YTD performance.
Which ETF is larger by assets under management: ZPR or XIC?
As of May 1, 2026, ZPR manages $1.55 B in assets, while XIC manages $28.76 B. XIC is the larger fund by AUM.
How are ZPR and XIC managed?
ZPR is passively managed by BMO. It tracks the Solactive Laddered Canadian Preferred Share Total Return Index - CAD benchmark. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do ZPR and XIC emphasize?
ZPR is most exposed to Financials, Energy, and Utilities. XIC is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: ZPR or XIC?
Year to date, ZPR has seen -$12.20 M in net flows, compared with +$5,138.12 M for XIC. XIC has attracted more net investor money so far.
How do the fees of ZPR and XIC compare?
ZPR has an expense ratio of 0.50%, while XIC has an expense ratio of 0.06%.
What are the top holdings of ZPR and XIC?
ZPR's largest holdings include BROOKFIELD OFFICE PROPERTIES INC PRF and TC ENERGY CORP PRF. XIC's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: ZPR or XIC?
ZPR holds 96 securities, while XIC holds 193. On holdings count, XIC is the more diversified portfolio.
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