VS
Compare Evolve Automobile Innovation Index ETF (CARS) vs BMO Equal Weight Banks Index ETF (ZEB) to find the best fit for your portfolio. CARS provides Industrials, Technology, and Consumer Cyclicals exposures, while ZEB is primarily weighted in Finance. When evaluating costs, CARS features a management fee (MER) of 0.4%, compared to 0.25% for ZEB. Performance-wise, CARS has returned 3.97% year-to-date with -$3 M in net flows, whereas ZEB is at 33.45% with +$728 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
CARS
ZEB
| AuM | $14.01 M | $7,794.75 M |
| Management Fees | 0.40% | 0.25% |
| Exp. ratio | 0.58% | 0.28% |
| Tracking Difference | -1.85% | -0.54% |
Historical performance and flows
As of September 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CARS | -1.60% | -24.04% | +3.97% | -1.31% | +11.05% |
ZEB | +4.25% | +2.60% | +33.45% | +50.51% | +165.35% | |
| Flows | CARS | -$0 M | -$0 M | -$3 M | -$5 M | -$22 M |
ZEB | +$739 M | +$1,490 M | +$728 M | +$1,438 M | -$150 M |
CARS vs ZEB exposure
Countries
CARS
USA
48.11%
China
26.05%
Other
25.84%
ZEB
Canada
100.00%
Sectors
CARS
Industrials
35.00%
Technology
32.26%
Consumer Cyclicals
30.49%
ZEB
Finance
100.00%
As of September 21, 2026
Top 10 Holdings
CARS
Gentherm, Inc.
2.26%
Li Auto, Inc.
2.14%
Ambarella, Inc.
2.03%
Monolithic Power Systems, Inc.
2.02%
Lucid Group, Inc.
1.97%
NVIDIA Corp.
1.94%
BYD Co., Ltd.
1.91%
NIO, Inc.
1.91%
XPeng, Inc.
1.90%
Visteon Corp.
1.90%
ZEB
Royal Bank of Canada
17.39%
Bank of Montreal
17.03%
The Toronto-Dominion Bank
16.96%
The Bank of Nova Scotia
16.51%
Canadian Imperial Bank of Commerce
16.09%
National Bank of Canada
16.03%
Diversification
CARS
Total weight of top 10 holdings out of 63 total
19.98%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
CARS
ZEB
| Provider | Evolve ETFs | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Future Cars Index Canadian Dollar Hedged - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.96% | 2.29% |
| Meets ESG criteria | Yes | No |
| Inception Date | September 29, 2017 | October 20, 2009 |
Frequently asked questions about CARS and ZEB
Which ETF has performed better year to date: CARS or ZEB?
As of September 21, 2026, CARS has returned 3.97% year to date, while ZEB has returned 33.45%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: CARS or ZEB?
As of September 21, 2026, CARS manages $14.01 M in assets, while ZEB manages $7.79 B. ZEB is the larger fund by AUM.
How are CARS and ZEB managed?
CARS is passively managed by Evolve ETFs. It tracks the Solactive Future Cars Index Canadian Dollar Hedged - CAD benchmark. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do CARS and ZEB emphasize?
CARS is most exposed to Industrials, Technology, and Consumer Cyclicals. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: CARS or ZEB?
Year to date, CARS has seen -$3.07 M in net flows, compared with +$728.15 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of CARS and ZEB compare?
CARS has an expense ratio of 0.58%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of CARS and ZEB?
CARS's largest holdings include Gentherm, Inc., Li Auto, Inc., and Ambarella, Inc.. ZEB's top holdings include Royal Bank of Canada, Bank of Montreal, and The Toronto-Dominion Bank.
Which ETF is more diversified: CARS or ZEB?
CARS holds 63 securities, while ZEB holds 6. On holdings count, CARS is the more diversified portfolio.
Recent articles about CARS and ZEB
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