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: Financials, Energy, and Materials. When evaluating costs, CRQ features a management fee (MER) of 0.65%, compared to 0.35% for ZVC. Performance-wise, CRQ has returned 18.03% year-to-date with +$10 M in net flows, whereas ZVC is at 16.84% with +$2 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 | $146.71 M | $51.27 M |
| Management Fees | 0.65% | 0.35% |
| Exp. ratio | 0.72% | 0.40% |
| Tracking Difference | -1.14% | -0.64% |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CRQ | +4.27% | +11.30% | +18.03% | +44.09% | +104.66% |
ZVC | +2.75% | +11.38% | +16.84% | +43.03% | +90.94% | |
| Flows | CRQ | -$0 M | +$2 M | +$10 M | +$7 M | -$10 M |
ZVC | +$0 M | +$2 M | +$2 M | -$27 M | +$10 M |
CRQ vs ZVC exposure
Countries
CRQ
Canada
99.80%
ZVC
Canada
100.00%
Sectors
CRQ
Financials
41.62%
Energy
23.53%
Other
9.40%
Materials
8.19%
Other
17.25%
ZVC
Financials
37.43%
Energy
20.19%
Other
12.79%
Materials
10.04%
Other
19.55%
As of June 12, 2026
Top 10 Holdings
CRQ
ROYAL BK CANADA
7.94%
TORONTO DOMINION
7.60%
ENBRIDGE
5.73%
BNS
5.33%
BANK OF MONTREAL
4.39%
SUNCOR ENERGY
4.19%
CDN NATURAL RESOURCE
4.07%
CDN IMPERIAL BK
3.79%
MANULIFE-S
3.19%
CA11271J1075
3.17%
ZVC
TORONTO DOMINION
8.16%
SUNCOR ENERGY
7.20%
BNS
5.94%
BANK OF MONTREAL
5.38%
MANULIFE-S
5.06%
CA06849F1080
4.83%
CA13646K1084
4.68%
CDN NATURAL RESOURCE
4.41%
CDN IMPERIAL BK
4.23%
CENOVUS ENERGY
3.67%
Diversification
CRQ
Total weight of top 10 holdings out of 101 total
49.40%
ZVC
Total weight of top 10 holdings out of 50 total
53.56%
Characteristics
Compare
CRQ
ZVC
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE RAFI Canada Total Return 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 | 1.86% | 1.95% |
| 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 June 12, 2026, CRQ has returned 18.03% year to date, while ZVC has returned 16.84%. CRQ is ahead on YTD performance.
Which ETF is larger by assets under management: CRQ or ZVC?
As of June 12, 2026, CRQ manages $146.71 M in assets, while ZVC manages $51.27 M. CRQ is the larger fund by AUM.
How are CRQ and ZVC managed?
CRQ is passively managed by iShares. It tracks the FTSE RAFI Canada Total Return 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 Financials, Energy, and Materials. ZVC is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: CRQ or ZVC?
Year to date, CRQ has seen +$10.17 M in net flows, compared with +$2.00 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 BK CANADA and TORONTO DOMINION. ZVC's top holdings include TORONTO DOMINION and SUNCOR ENERGY.
Which ETF is more diversified: CRQ or ZVC?
CRQ holds 90 securities, while ZVC holds 46. On holdings count, CRQ is the more diversified portfolio.
Recent articles about CRQ and ZVC
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.