A side-by-side comparison of BMO ESG US Corporate Bond Hedged to CAD Index ETF (ESGF) and BMO Mid-Term US IG Corporate Bond Index ETF (CAD) (ZIC) to help Canadian investors make an informed decision.
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1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | ESGF | ZIC |
|---|---|---|
| YTD Return | -1.00% | +2.36%✓ |
| 1-Day Change | 0.00%✓ | -0.21% |
| 1-Week Change | +0.29% | +0.96%✓ |
| 1-Month Change | +1.62%✓ | +3.38% |
| Current Price | $23.85 | $18.90 |
| AUM | $28M | $3.76B✓ |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 4.26% | 4.34%✓ |
| Distribution Frequency | — | Monthly |
| Inception Date | 2020-01-15 | 2013-03-19 |
| Holdings Count | 10 | 9 |
| MorningStar Rating | ★ | ★★★★ |
| Category | Global Corporate Fixed Income | Global Corporate Fixed Income |
| Beta | 0.79 | 1.08 |
| 52-Week High | $24.20 | $18.94 |
| 52-Week Low | $23.08 | $17.27 |
| 50-Day MA | $23.71 | $18.33 |
| 200-Day MA | $24.12 | $18.56 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | ESGF | ZIC |
|---|---|---|
| YTD | -1.00% | +2.36%✓ |
| 1 Year | +3.61% | +8.19%✓ |
| 3 Year | +3.47% | +7.53%✓ |
| 5 Year | -0.80% | +3.75%✓ |
| 10 Year | — | +3.69% |
| 1Y Volatility | 3.47% | 5.01% |
| Sharpe Ratio (3Y) | -0.01 | 0.48 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | HSBC Holdings plc | 1.61% | |
| 2 | Barclays PLC 3.65% | 1.26% | |
| 3 | Sumitomo Mitsui Financial Group Inc 2.13% | 1.17% | |
| 4 | Bank of America Corporation | 0.99% | |
| 5 | San Diego Gas & Electric Company 1.7% | 0.98% | |
| 6 | Goldman Sachs Group, Inc. | 0.93% | |
| 7 | Verizon Communications Inc. | 0.84% | |
| 8 | Walt Disney Company 2.75% | 0.83% | |
| 9 | Baker Hughes Holdings Llc 5.12% | 0.74% | |
| 10 | International Business Machines Corporation 2.95% | 0.72% |
| 1 | CVS Health Corp 4.3% | 0.84% | |
| 2 | T-Mobile USA, Inc. 3.88% | 0.81% | |
| 3 | AbbVie Inc. 3.2% | 0.61% | |
| 4 | The Boeing Company 5.15% | 0.55% | |
| 5 | Anheuser-Busch InBev Worldwide Inc. 4.75% | 0.53% | |
| 6 | Verizon Communications Inc. 4.33% | 0.51% | |
| 7 | Citigroup Inc. | 0.49% | |
| 8 | Bank of America Corporation | 0.48% | |
| 9 | Comcast Corporation 4.15% | 0.48% |
Sector Weights
| Sector | ESGF | ZIC |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About ESGF
NA
About ZIC
BMO Mid-Term US IG Corporate Bond Index ETF (CAD) (ZIC.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
Which ETF is Right for You?
Both ESGF and ZIC are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, ZIC scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between ESGF and ZIC?
ESGF (BMO ESG US Corporate Bond Hedged to CAD Index ETF) and ZIC (BMO Mid-Term US IG Corporate Bond Index ETF (CAD)) are both Canadian-listed ETFs. Key differences include their AUM ($28M vs $3.76B), dividend yield (4.26% vs 4.34%), and year-to-date performance (-1.00% vs +2.36%).
Is ESGF better than ZIC?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy ESGF and ZIC on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both ESGF and ZIC should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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