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Compare CIBC MSCI EAFE Equity Index ETF (CIEH) vs BMO MSCI EAFE Index ETF (ZEA) to find the best fit for your portfolio. CIEH and ZEA provide the same top sector exposures: Finance, Industrials, and Technology. When evaluating costs, CIEH features a management fee (MER) of 0.16%, compared to 0.2% for ZEA. Performance-wise, CIEH has returned 12.59% year-to-date with -$11 M in net flows, whereas ZEA is at 11.47% with +$579 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
CIEH
ZEA
| AuM | $5.31 M | $13,025.76 M |
| Management Fees | 0.16% | 0.20% |
| Exp. ratio | 0.17% | 0.22% |
| Tracking Difference | 0.63% | -0.47% |
Historical performance and flows
As of July 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CIEH | +0.71% | +4.76% | +12.59% | +25.16% | +60.05% |
ZEA | -1.18% | +2.78% | +11.47% | +22.40% | +62.06% | |
| Flows | CIEH | +$1 M | +$0 M | -$11 M | +$2 M | +$3 M |
ZEA | +$509 M | +$245 M | +$579 M | +$1,224 M | +$2,322 M |
CIEH vs ZEA exposure
Countries
CIEH
Japan
25.23%
United Kingdom
13.20%
Switzerland
9.12%
Germany
8.20%
France
8.04%
Australia
7.12%
Other
29.10%
ZEA
Japan
25.23%
United Kingdom
13.20%
Switzerland
9.12%
Germany
8.20%
France
8.04%
Australia
7.12%
Other
29.10%
Sectors
CIEH
Finance
25.57%
Industrials
16.69%
Technology
12.66%
Healthcare
9.19%
Non-Energy Materials
7.99%
Consumer Non-Cyclicals
7.77%
Other
20.13%
ZEA
Finance
25.57%
Industrials
16.69%
Technology
12.66%
Healthcare
9.19%
Non-Energy Materials
7.99%
Consumer Non-Cyclicals
7.77%
Other
20.13%
As of July 16, 2026
Top 10 Holdings
CIEH
ASML Holding NV
2.46%
HSBC Holdings Plc
1.26%
Roche Holding AG
1.16%
AstraZeneca PLC
1.11%
Novartis AG
1.08%
Nestlé SA
1.02%
Shell Plc
0.92%
Siemens AG
0.92%
BHP Group Ltd.
0.89%
Mitsubishi UFJ Financial Group, Inc.
0.79%
ZEA
ASML Holding NV
2.46%
HSBC Holdings Plc
1.26%
Roche Holding AG
1.16%
AstraZeneca PLC
1.11%
Novartis AG
1.08%
Nestlé SA
1.02%
Shell Plc
0.92%
Siemens AG
0.92%
BHP Group Ltd.
0.89%
Mitsubishi UFJ Financial Group, Inc.
0.79%
Diversification
CIEH
Total weight of top 10 holdings out of 2,624 total
11.63%
ZEA
Total weight of top 10 holdings out of 2,624 total
11.63%
Characteristics
Compare
CIEH
ZEA
| Provider | CIBC | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI EAFE 100% Hedged to CAD Net Total Return Index - CAD | MSCI EAFE Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 6.83% | 1.94% |
| Meets ESG criteria | No | No |
| Inception Date | January 23, 2023 | February 10, 2014 |
Frequently asked questions about CIEH and ZEA
Which ETF has performed better year to date: CIEH or ZEA?
As of July 16, 2026, CIEH has returned 12.59% year to date, while ZEA has returned 11.47%. CIEH is ahead on YTD performance.
Which ETF is larger by assets under management: CIEH or ZEA?
As of July 16, 2026, CIEH manages $5.31 M in assets, while ZEA manages $13.03 B. ZEA is the larger fund by AUM.
How are CIEH and ZEA managed?
CIEH is passively managed by CIBC. It tracks the MSCI EAFE 100% Hedged to CAD Net Total Return Index - CAD benchmark. ZEA is passively managed by BMO. It tracks the MSCI EAFE Net Total Return Index - CAD benchmark.
What sectors do CIEH and ZEA emphasize?
CIEH is most exposed to Finance, Industrials, and Technology. ZEA is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: CIEH or ZEA?
Year to date, CIEH has seen -$11.06 M in net flows, compared with +$579.32 M for ZEA. ZEA has attracted more net investor money so far.
How do the fees of CIEH and ZEA compare?
CIEH has an expense ratio of 0.17%, while ZEA has an expense ratio of 0.22%.
What are the top holdings of CIEH and ZEA?
CIEH's largest holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG. ZEA's top holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG.
Which ETF is more diversified: CIEH or ZEA?
CIEH holds 2603 securities, while ZEA holds 2603. On holdings count, CIEH is the more diversified portfolio.
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