iShares S&P/TSX 60 Index ETF
ZAG TSX
BMO Aggregate Bond Index ETF · by BMO Global Asset Management
BMO Aggregate Bond Index ETF (ZAG) is Canada's largest bond ETF with nearly CAD 12 billion in assets. It tracks the FTSE Canada Universe Bond Index, providing broad Canadian fixed-income exposure.
About BMO Aggregate Bond Index ETF
ZAG is the gold standard for Canadian bond investing. Tracking the FTSE Canada Universe Bond Index, it holds approximately 1,480 government and investment-grade corporate bonds. At 0.09% MER, it's one of the cheapest bond ETFs in Canada.
Top holdings
Every holding links to its own page with a live price and the full list of funds that own it.
| # | Holding | Ticker | Sector | Weight | Price |
|---|---|---|---|---|---|
| 1 | Government of Canada Bonds | GOC | — | 40.00% | — |
| 2 | Provincial Bonds | PROV | — | 25.00% | — |
| 3 | Corporate Bonds | CORP | — | 25.00% | $95.44 -0.02% |
| 4 | Municipal Bonds | MUNI | — | 10.00% | $51.66 -0.15% |
Frequently asked questions
What is the best Canadian bond ETF?
ZAG (BMO Aggregate Bond) is the most popular, with the lowest MER (0.09%) and largest AUM (CAD 11.87B) among Canadian bond ETFs.
ZAG vs XBB vs VAB?
All three track similar Canadian bond indices with similar MERs (~0.09-0.10%). ZAG and XBB track the FTSE Canada Universe Bond Index; VAB uses Bloomberg's aggregate index.
Compare with similar ETFs
iShares Core S&P/TSX Capped Composite Index ETF
Vanguard S&P 500 Index ETF (CAD)
BMO S&P 500 Index ETF (CAD)
iShares Core UK Gilts UCITS ETF
Vanguard FTSE Canadian High Dividend Yield Index ETF
ZAG discussion
Questions on fair value, cost, dividends and risk — answered with the fund data on this page.
What is the fair value of ZAG in 2026?
ZAG price prediction 2026: what actually drives it?
Does ZAG pay a dividend, and how reliable is the yield?
Is ZAG a good long-term hold, or too concentrated?
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