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Compare CIBC MSCI Canada Equity Index ETF (CCEI) vs BMO S&P/TSX Capped Composite Index ETF (ZCN) to find the best fit for your portfolio. CCEI and ZCN provide the same top sector exposures: Finance, Non-Energy Materials, and Energy. When evaluating costs, CCEI features a management fee (MER) of 0.04%, compared to 0.05% for ZCN. Performance-wise, CCEI has returned 15.21% year-to-date with +$190 M in net flows, whereas ZCN is at 15.32% with +$3 B. 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
CCEI
ZCN
| AuM | $862.34 M | $18,652.90 M |
| Management Fees | 0.04% | 0.05% |
| Exp. ratio | 0.05% | 0.06% |
| Tracking Difference | -0.05% | -0.08% |
Historical performance and flows
As of October 26, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CCEI | +1.20% | +1.52% | +15.21% | +21.27% | +106.93% |
ZCN | +1.45% | +1.57% | +15.32% | +21.31% | +105.98% | |
| Flows | CCEI | +$50 M | +$85 M | +$190 M | +$209 M | +$388 M |
ZCN | +$220 M | +$865 M | +$3,227 M | +$3,346 M | +$5,095 M |
CCEI vs ZCN exposure
Countries
CCEI
Canada
97.19%
ZCN
Canada
96.79%
Sectors
CCEI
Finance
40.67%
Non-Energy Materials
19.59%
Energy
17.17%
Industrials
7.52%
Other
15.05%
ZCN
Finance
40.77%
Non-Energy Materials
19.08%
Energy
16.43%
Industrials
7.92%
Other
15.80%
As of October 26, 2026
Top 10 Holdings
CCEI
Royal Bank of Canada
7.71%
The Toronto-Dominion Bank
5.43%
Shopify, Inc.
4.85%
Bank of Montreal
3.16%
The Bank of Nova Scotia
3.05%
Enbridge, Inc.
3.01%
Canadian Natural Resources Ltd.
2.83%
Canadian Imperial Bank of Commerce
2.82%
Agnico Eagle Mines Ltd.
2.80%
Canadian Pacific Kansas City Ltd.
2.23%
ZCN
Royal Bank of Canada
7.61%
The Toronto-Dominion Bank
5.40%
Shopify, Inc.
4.97%
Bank of Montreal
3.21%
The Bank of Nova Scotia
3.02%
Enbridge, Inc.
2.92%
Canadian Imperial Bank of Commerce
2.80%
Agnico Eagle Mines Ltd.
2.79%
Canadian Natural Resources Ltd.
2.72%
Brookfield Corp.
2.35%
Diversification
CCEI
Total weight of top 10 holdings out of 273 total
37.89%
ZCN
Total weight of top 10 holdings out of 217 total
37.80%
Characteristics
Compare
CCEI
ZCN
| Provider | CIBC | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Canada Domestic IMI GTR Index - CAD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.32% | 2.00% |
| Meets ESG criteria | No | No |
| Inception Date | March 31, 2021 | May 29, 2009 |
Frequently asked questions about CCEI and ZCN
Which ETF has performed better year to date: CCEI or ZCN?
As of October 26, 2026, CCEI has returned 15.21% year to date, while ZCN has returned 15.32%. ZCN is ahead on YTD performance.
Which ETF is larger by assets under management: CCEI or ZCN?
As of October 26, 2026, CCEI manages $862.34 M in assets, while ZCN manages $18.65 B. ZCN is the larger fund by AUM.
How are CCEI and ZCN managed?
CCEI is passively managed by CIBC. It tracks the MSCI Canada Domestic IMI GTR Index - CAD benchmark. ZCN is passively managed by BMO. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do CCEI and ZCN emphasize?
CCEI is most exposed to Finance, Non-Energy Materials, and Energy. ZCN is most exposed to Finance, Non-Energy Materials, and Energy.
Which ETF is attracting more investor flows: CCEI or ZCN?
Year to date, CCEI has seen +$189.57 M in net flows, compared with +$3,226.77 M for ZCN. ZCN has attracted more net investor money so far.
How do the fees of CCEI and ZCN compare?
CCEI has an expense ratio of 0.05%, while ZCN has an expense ratio of 0.06%.
What are the top holdings of CCEI and ZCN?
CCEI's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc.. ZCN's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: CCEI or ZCN?
CCEI holds 273 securities, while ZCN holds 217. On holdings count, CCEI is the more diversified portfolio.
Recent articles about CCEI and ZCN
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