VS
When evaluating costs, CMAX features a management fee (MER) of 0.65%, compared to 0.25% for ZEB. 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
CMAX
ZEB
| AuM | $19.03 M | $8,225.78 M |
| Management Fees | 0.65% | 0.25% |
| Exp. ratio | 0.65% | 0.28% |
| Tracking Difference | - | -0.51% |
Historical performance and flows
As of October 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CMAX | +0.56% | +2.40% | - | - | - |
ZEB | +1.98% | -0.99% | +33.40% | +45.60% | +186.75% | |
| Flows | CMAX | +$3 M | +$9 M | - | - | - |
ZEB | +$403 M | +$1,206 M | +$1,194 M | +$1,949 M | -$27 M |
CMAX vs ZEB exposure
Countries
CMAX
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
CMAX
Exposure data will be available soon
ZEB
Finance
100.00%
As of October 28, 2026
Top 10 Holdings
CMAX
Exposure data will be available soon
ZEB
The Bank of Nova Scotia
17.59%
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.16%
Bank of Montreal
16.64%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.42%
Diversification
CMAX
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
CMAX
ZEB
| Provider | Hamilton ETFs | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.30% |
| Meets ESG criteria | No | No |
| Inception Date | May 8, 2026 | October 20, 2009 |
Frequently asked questions about CMAX and ZEB
Which ETF is larger by assets under management: CMAX or ZEB?
As of October 28, 2026, CMAX manages $19.03 M in assets, while ZEB manages $8.23 B. ZEB is the larger fund by AUM.
How are CMAX and ZEB managed?
CMAX is actively managed by Hamilton ETFs. It does not track an index. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
How do the fees of CMAX and ZEB compare?
CMAX has an expense ratio of 0.65%, while ZEB has an expense ratio of 0.28%.
Recent articles about CMAX and ZEB
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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.