VS
Compare iShares Canadian Fundamental Index ETF (CRQ) vs BMO MSCI Canada Value Index ETF (ZVC) to find the best fit for your portfolio. CRQ and ZVC provide the same top sector exposures: Finance, Energy, and Non-Energy Materials. When evaluating costs, CRQ features a management fee (MER) of 0.65%, compared to 0.35% for ZVC. Performance-wise, CRQ has returned 21.54% year-to-date with +$14 M in net flows, whereas ZVC is at 21.86% with +$7 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
CRQ
ZVC
| AuM | $154.20 M | $57.75 M |
| Management Fees | 0.65% | 0.35% |
| Exp. ratio | 0.72% | 0.40% |
| Tracking Difference | -0.02% | -0.61% |
Historical performance and flows
As of September 14, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CRQ | -1.29% | +2.89% | +21.54% | +34.02% | +101.36% |
ZVC | -0.48% | +4.05% | +21.86% | +35.14% | +85.86% | |
| Flows | CRQ | +$4 M | +$4 M | +$14 M | +$14 M | +$0 M |
ZVC | +$2 M | +$5 M | +$7 M | +$9 M | +$16 M |
CRQ vs ZVC exposure
Countries
CRQ
Canada
98.14%
ZVC
Canada
99.59%
Sectors
CRQ
Finance
48.70%
Energy
23.07%
Non-Energy Materials
8.63%
Other
19.61%
ZVC
Finance
41.53%
Energy
18.27%
Non-Energy Materials
13.84%
Industrials
8.49%
Technology
7.81%
Other
10.05%
As of September 14, 2026
Top 10 Holdings
CRQ
Royal Bank of Canada
8.88%
The Toronto-Dominion Bank
8.09%
The Bank of Nova Scotia
5.76%
Enbridge, Inc.
5.48%
Bank of Montreal
4.93%
Suncor Energy, Inc.
3.90%
Canadian Natural Resources Ltd.
3.86%
Canadian Imperial Bank of Commerce
3.85%
Manulife Financial Corp.
3.46%
Brookfield Corp.
2.82%
ZVC
The Toronto-Dominion Bank
7.89%
The Bank of Nova Scotia
7.14%
Bank of Montreal
6.25%
Manulife Financial Corp.
6.15%
Suncor Energy, Inc.
5.81%
CGI, Inc.
4.98%
Barrick Mining Corp.
4.78%
Canadian Natural Resources Ltd.
4.44%
Canadian Pacific Kansas City Ltd.
4.26%
Canadian Imperial Bank of Commerce
3.87%
Diversification
CRQ
Total weight of top 10 holdings out of 101 total
51.03%
ZVC
Total weight of top 10 holdings out of 50 total
55.56%
Characteristics
Compare
CRQ
ZVC
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | RAFI Fundamental Select Canada 100 Index - CAD | MSCI Canada Enhanced Value Capped Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.78% | 1.88% |
| Meets ESG criteria | No | No |
| Inception Date | February 22, 2006 | October 4, 2017 |
Frequently asked questions about CRQ and ZVC
Which ETF has performed better year to date: CRQ or ZVC?
As of September 14, 2026, CRQ has returned 21.54% year to date, while ZVC has returned 21.86%. ZVC is ahead on YTD performance.
Which ETF is larger by assets under management: CRQ or ZVC?
As of September 14, 2026, CRQ manages $154.20 M in assets, while ZVC manages $57.75 M. CRQ is the larger fund by AUM.
How are CRQ and ZVC managed?
CRQ is passively managed by iShares. It tracks the RAFI Fundamental Select Canada 100 Index - CAD benchmark. ZVC is passively managed by BMO. It tracks the MSCI Canada Enhanced Value Capped Index - CAD benchmark.
What sectors do CRQ and ZVC emphasize?
CRQ is most exposed to Finance, Energy, and Non-Energy Materials. ZVC is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: CRQ or ZVC?
Year to date, CRQ has seen +$14.02 M in net flows, compared with +$6.53 M for ZVC. CRQ has attracted more net investor money so far.
How do the fees of CRQ and ZVC compare?
CRQ has an expense ratio of 0.72%, while ZVC has an expense ratio of 0.40%.
What are the top holdings of CRQ and ZVC?
CRQ's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and The Bank of Nova Scotia. ZVC's top holdings include The Toronto-Dominion Bank, The Bank of Nova Scotia, and Bank of Montreal.
Which ETF is more diversified: CRQ or ZVC?
CRQ holds 100 securities, while ZVC holds 50. On holdings count, CRQ is the more diversified portfolio.
Recent articles about CRQ and ZVC
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