5 of the Top Canadian Bond ETFS for Fixed Income in August 2022 As a result, there is about a 0.5% difference in yield between the two options. Remember, the iShares bond ETF pays a near 3% yield. BMO's flagship bond ETF does quite a bit better, offering investors a payout in the 3.5% range. That might not seem like much, but it still represents more cash in your pocket, today.