MGAB vs. ZMI ETF Comparison

Comparison of Mackenzie Global Fixed Income Alloc ETF (MGAB) to BMO Monthly Income ETF (ZMI)
MGAB

Mackenzie Global Fixed Income Alloc ETF

MGAB Description

Mackenzie Global Fixed Income Allocation ETF seeks to provide income with a potential for modest capital appreciation, primarily by investing in ETFs that provide exposure to a portfolio of fixed income securities of issuers anywhere in the world, diversified by sector, geography, credit quality, duration and currency

Grade (RS Rating)

Last Trade

$16.56

Average Daily Volume

2,646

Number of Holdings *

7

* may have additional holdings in another (foreign) market
ZMI

BMO Monthly Income ETF

ZMI Description BMO Monthly Income ETF seeks to provide monthly cash distributions, with the potential for modest long-term capital appreciation, generally by investing in BMO ETFs that provide exposure to a diversified portfolio of income-bearing investments, including common equities, preferred shares, fixed income securities and trust units.

Grade (RS Rating)

Last Trade

$16.70

Average Daily Volume

6,331

Number of Holdings *

6

* may have additional holdings in another (foreign) market
Performance
Period MGAB ZMI
30 Days -0.30% 3.21%
60 Days -0.72% 1.43%
90 Days -1.13% 3.34%
12 Months -3.72% 9.80%
0 Overlapping Holdings
Symbol Grade Weight in MGAB Weight in ZMI Overlap
MGAB Overweight 7 Positions Relative to ZMI
Symbol Grade Weight
QSB B 17.16%
QBB B 15.19%
QUIG D 12.13%
QEBL F 8.06%
QEBH B 6.13%
MFT F 5.05%
QHY D 5.04%
MGAB Underweight 6 Positions Relative to ZMI
Symbol Grade Weight
ZCB B -23.68%
ZDY A -19.54%
ZDV A -13.14%
ZMU B -10.06%
ZDI A -8.05%
ZHP D -4.74%
Compare ETFs