VS
When evaluating costs, BANK features a management fee (MER) of 0.6%, compared to 0.65% for ZWB. Performance-wise, BANK has returned 27.92% year-to-date with +$295 M in net flows, whereas ZWB is at 24.68% with +$41 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
BANK
ZWB
| AuM | $1,272.83 M | $4,590.76 M |
| Management Fees | 0.60% | 0.65% |
| Exp. ratio | 0.83% | 0.72% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 9, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | BANK | -3.74% | +5.98% | +27.92% | +49.99% | +99.21% |
ZWB | -3.18% | +4.41% | +24.68% | +42.86% | +116.46% | |
| Flows | BANK | +$25 M | +$159 M | +$295 M | +$434 M | +$906 M |
ZWB | -$18 M | +$27 M | +$41 M | +$37 M | -$241 M |
BANK vs ZWB exposure
Countries
BANK
Exposure data will be available soon
ZWB
Canada
100.03%
Sectors
BANK
Exposure data will be available soon
ZWB
Finance
100.03%
As of September 9, 2026
Top 10 Holdings
BANK
Exposure data will be available soon
ZWB
Bank of Montreal
17.17%
Royal Bank of Canada
17.06%
The Toronto-Dominion Bank
16.82%
The Bank of Nova Scotia
16.57%
National Bank of Canada
16.29%
Canadian Imperial Bank of Commerce
16.13%
Diversification
BANK
Exposure data will be available soon
ZWB
Total weight of top 10 holdings out of 6 total
100.03%
Characteristics
Compare
BANK
ZWB
| Provider | Evolve ETFs | BMO |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 12.37% | 5.29% |
| Meets ESG criteria | No | No |
| Inception Date | February 1, 2022 | January 28, 2011 |
Frequently asked questions about BANK and ZWB
Which ETF has performed better year to date: BANK or ZWB?
As of September 9, 2026, BANK has returned 27.92% year to date, while ZWB has returned 24.68%. BANK is ahead on YTD performance.
Which ETF is larger by assets under management: BANK or ZWB?
As of September 9, 2026, BANK manages $1.27 B in assets, while ZWB manages $4.59 B. ZWB is the larger fund by AUM.
How are BANK and ZWB managed?
BANK is actively managed by Evolve ETFs. It does not track an index. ZWB is actively managed by BMO. It does not track an index.
Which ETF is attracting more investor flows: BANK or ZWB?
Year to date, BANK has seen +$294.54 M in net flows, compared with +$41.10 M for ZWB. BANK has attracted more net investor money so far.
How do the fees of BANK and ZWB compare?
BANK has an expense ratio of 0.83%, while ZWB has an expense ratio of 0.72%.
Recent articles about BANK and ZWB
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.