VS
Compare Mulvihill Canadian Bank Enhanced Yield ETF (CBNK) vs BMO Covered Call Canadian Banks ETF (ZWB) to find the best fit for your portfolio. CBNK provides Finance and Sovereign exposures, while ZWB is primarily weighted in Finance. When evaluating costs, CBNK features a management fee (MER) of 0.65%, compared to 0.65% for ZWB. Performance-wise, CBNK has returned 43.3% year-to-date with +$21 M in net flows, whereas ZWB is at 27.95% with +$46 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
CBNK
ZWB
| AuM | $199.37 M | $4,715.57 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 1.68% | 0.72% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CBNK | -0.76% | +14.14% | +43.30% | +73.18% | +206.82% |
ZWB | -0.33% | +10.12% | +27.95% | +47.85% | +120.28% | |
| Flows | CBNK | +$6 M | +$13 M | +$21 M | +$12 M | +$25 M |
ZWB | -$11 M | +$24 M | +$46 M | +$46 M | -$223 M |
CBNK vs ZWB exposure
Countries
CBNK
Canada
99.95%
ZWB
Canada
100.03%
Sectors
CBNK
Finance
98.64%
ZWB
Finance
100.03%
As of September 3, 2026
Top 10 Holdings
CBNK
Canadian Imperial Bank of Commerce
15.36%
The Toronto-Dominion Bank
15.30%
Bank of Montreal
15.23%
National Bank of Canada
15.20%
Royal Bank of Canada
15.15%
The Bank of Nova Scotia
14.60%
Premium Income Corp.
7.79%
Canada, Bills 0% 21oct2026, CAD (182D)
1.32%
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
CBNK
Total weight of top 10 holdings out of 8 total
99.95%
ZWB
Total weight of top 10 holdings out of 6 total
100.03%
Characteristics
Frequently asked questions about CBNK and ZWB
Which ETF has performed better year to date: CBNK or ZWB?
As of September 3, 2026, CBNK has returned 43.30% year to date, while ZWB has returned 27.95%. CBNK is ahead on YTD performance.
Which ETF is larger by assets under management: CBNK or ZWB?
As of September 3, 2026, CBNK manages $199.37 M in assets, while ZWB manages $4.72 B. ZWB is the larger fund by AUM.
How are CBNK and ZWB managed?
CBNK is actively managed by Mulvihill. It does not track an index. ZWB is actively managed by BMO. It does not track an index.
What sectors do CBNK and ZWB emphasize?
CBNK is most exposed to Finance and Sovereign. ZWB is most exposed to Finance.
Which ETF is attracting more investor flows: CBNK or ZWB?
Year to date, CBNK has seen +$20.85 M in net flows, compared with +$45.69 M for ZWB. ZWB has attracted more net investor money so far.
How do the fees of CBNK and ZWB compare?
CBNK has an expense ratio of 1.68%, while ZWB has an expense ratio of 0.72%.
What are the top holdings of CBNK and ZWB?
CBNK's largest holdings include Canadian Imperial Bank of Commerce, The Toronto-Dominion Bank, and Bank of Montreal. ZWB's top holdings include Bank of Montreal, Royal Bank of Canada, and The Toronto-Dominion Bank.
Which ETF is more diversified: CBNK or ZWB?
CBNK holds 8 securities, while ZWB holds 6. On holdings count, CBNK is the more diversified portfolio.
Recent articles about CBNK 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.