VS
When evaluating costs, AMAX features a management fee (MER) of 0.65%, compared to 0.25% for ZEB. Performance-wise, AMAX has returned 16.55% year-to-date with +$95 M in net flows, whereas ZEB is at 35.79% with +$267 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
AMAX
ZEB
| AuM | $441.30 M | $7,493.90 M |
| Management Fees | 0.65% | 0.25% |
| Exp. ratio | 0.80% | 0.28% |
| Tracking Difference | - | -0.65% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | AMAX | -16.33% | -26.57% | -16.55% | +27.27% | - |
ZEB | +6.04% | +19.90% | +35.79% | +71.33% | +157.89% | |
| Flows | AMAX | +$12 M | +$53 M | +$95 M | +$175 M | - |
ZEB | +$1,233 M | +$1,278 M | +$267 M | +$768 M | -$484 M |
AMAX vs ZEB exposure
Countries
AMAX
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
AMAX
Exposure data will be available soon
ZEB
Finance
100.00%
As of July 17, 2026
Top 10 Holdings
AMAX
Exposure data will be available soon
ZEB
The Toronto-Dominion Bank
17.52%
Royal Bank of Canada
17.09%
Bank of Montreal
16.85%
The Bank of Nova Scotia
16.38%
Canadian Imperial Bank of Commerce
16.27%
National Bank of Canada
15.89%
Diversification
AMAX
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
AMAX
ZEB
| Provider | Hamilton ETFs | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 11.07% | 2.23% |
| Meets ESG criteria | No | No |
| Inception Date | February 6, 2024 | October 20, 2009 |
Frequently asked questions about AMAX and ZEB
Which ETF has performed better year to date: AMAX or ZEB?
As of July 17, 2026, AMAX has returned -16.55% year to date, while ZEB has returned 35.79%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: AMAX or ZEB?
As of July 17, 2026, AMAX manages $441.30 M in assets, while ZEB manages $7.49 B. ZEB is the larger fund by AUM.
How are AMAX and ZEB managed?
AMAX is actively managed by Hamilton ETFs. It does not track an index. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
Which ETF is attracting more investor flows: AMAX or ZEB?
Year to date, AMAX has seen +$94.58 M in net flows, compared with +$266.52 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of AMAX and ZEB compare?
AMAX has an expense ratio of 0.80%, while ZEB has an expense ratio of 0.28%.
Recent articles about AMAX and ZEB
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