ZMI vs. MGAB ETF Comparison

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

$17.34

Average Daily Volume

8,131

Number of Holdings *

4

* may have additional holdings in another (foreign) market
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

$17.09

Average Daily Volume

1,374

Number of Holdings *

6

* may have additional holdings in another (foreign) market
Performance
Period ZMI MGAB
30 Days 0.34% -0.87%
60 Days 1.57% -0.58%
90 Days 3.44% 0.12%
12 Months 17.16% 4.60%
0 Overlapping Holdings
Symbol Grade Weight in ZMI Weight in MGAB Overlap
ZMI Overweight 4 Positions Relative to MGAB
Symbol Grade Weight
ZDY B 20.21%
ZDV B 13.25%
ZMU D 9.96%
ZHP B 4.5%
ZMI Underweight 6 Positions Relative to MGAB
Symbol Grade Weight
QSB A -14.8%
QBB C -14.12%
QUIG B -10.02%
QEBL C -8.37%
QEBH A -6.07%
QHY D -5.94%
Compare ETFs