A side-by-side comparison of BMO Global Infrastructure Index ETF (ZGI) and iShares Global Infrastructure Common Class (CIF) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | ZGI | CIF |
|---|---|---|
| YTD Return | +8.09% | +16.20%✓ |
| 1-Day Change | -1.27% | -0.66%✓ |
| 1-Week Change | -1.44% | +1.00%✓ |
| 1-Month Change | -2.14% | -1.42%✓ |
| Current Price | $56.12 | $67.93 |
| AUM | $495M | $1.54B✓ |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 2.34%✓ | 1.66% |
| Distribution Frequency | Quarterly | Quarterly |
| Inception Date | 2010-01-19 | 2008-08-27 |
| Holdings Count | 10 | 10 |
| MorningStar Rating | ★★★ | ★★★★★ |
| Category | Global Infrastructure Equity | Global Infrastructure Equity |
| Beta | 1.07 | 1.01 |
| 52-Week High | $61.41 | $74.19 |
| 52-Week Low | $50.23 | $56.93 |
| 50-Day MA | $58.57 | $70.34 |
| 200-Day MA | $56.85 | $66.67 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | ZGI | CIF |
|---|---|---|
| YTD | +8.09% | +16.20%✓ |
| 1 Year | +10.60% | +22.74%✓ |
| 3 Year | +14.43% | +26.34%✓ |
| 5 Year | +9.73% | +19.50%✓ |
| 10 Year | +8.12% | +13.92%✓ |
| 1Y Volatility | 13.88% | 15.83% |
| Sharpe Ratio (3Y) | 0.91 | 1.54 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | ENB | Enbridge Inc | 8.95% |
| 2 | WMB | Williams Companies Inc | 7.18% |
| 3 | NGG | National Grid PLC ADR | 6.40% |
| 4 | AMT | American Tower Corp | 6.32% |
| 5 | TRP | TC Energy Corp | 5.28% |
| 6 | KMI | Kinder Morgan Inc | 4.95% |
| 7 | OKE | ONEOK Inc | 4.64% |
| 8 | TRGP | Targa Resources Inc | 4.59% |
| 9 | LNG | Cheniere Energy Inc | 4.47% |
| 10 | SRE | Sempra Energy | 4.47% |
| 1 | ACO-X | ATCO Ltd | 5.17% |
| 2 | TRGP | Targa Resources Inc | 4.68% |
| 3 | ENIC | Enel Chile SA ADR | 4.23% |
| 4 | CAT | Caterpillar Inc | 3.95% |
| 5 | EIX | Edison International | 3.80% |
| 6 | STNG | Scorpio Tankers Inc | 3.64% |
| 7 | CU | Canadian Utilities Limited | 3.44% |
| 8 | SBS | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP ADR | 3.38% |
| 9 | UGI | UGI Corporation | 3.32% |
| 10 | KEY | Keyera Corp. | 3.27% |
Sector Weights
| Sector | ZGI | CIF |
|---|---|---|
| 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 | 45.78% | 23.72% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 1.47% | 27.18% |
| Real Estate | 10.65% | 0.00% |
| Technology | 0.00% | 0.32% |
| Utilities | 42.09% | 48.77% |
About ZGI
BMO Global Infrastructure Index ETF (ZGI.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
About CIF
iShares Global Infrastructure Common Class (CIF.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 ZGI and CIF 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, CIF 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 ZGI and CIF?
ZGI (BMO Global Infrastructure Index ETF) and CIF (iShares Global Infrastructure Common Class) are both Canadian-listed ETFs. Key differences include their AUM ($495M vs $1.54B), dividend yield (2.34% vs 1.66%), and year-to-date performance (+8.09% vs +16.20%).
Is ZGI better than CIF?
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 ZGI and CIF on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both ZGI and CIF should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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