VS
When evaluating costs, DLR features a management fee (MER) of 0.6%, compared to 0.25% for ZEB. Performance-wise, DLR has returned 3.95% year-to-date with +$66 M in net flows, whereas ZEB is at 30.51% with +$33 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
DLR
ZEB
| AuM | $317.57 M | $6,973.30 M |
| Management Fees | 0.60% | 0.25% |
| Exp. ratio | 0.57% | 0.28% |
| Tracking Difference | 2.93% | -0.65% |
Historical performance and flows
As of July 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | DLR | -0.79% | +3.48% | +3.95% | +5.07% | +15.62% |
ZEB | -0.44% | +16.59% | +30.51% | +64.53% | +142.57% | |
| Flows | DLR | -$5 M | -$26 M | +$66 M | +$98 M | +$158 M |
ZEB | +$626 M | +$930 M | +$33 M | +$333 M | -$774 M |
DLR vs ZEB exposure
Countries
DLR
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
DLR
Exposure data will be available soon
ZEB
Finance
100.00%
As of July 29, 2026
Top 10 Holdings
DLR
Exposure data will be available soon
ZEB
The Toronto-Dominion Bank
17.42%
Royal Bank of Canada
17.32%
Bank of Montreal
17.15%
The Bank of Nova Scotia
16.61%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.70%
Diversification
DLR
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
DLR
ZEB
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Bloomberg USDCAD Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Currencies | Equity |
| Dividend Policy | No income | Distributing |
| Trailing 12m distribution yield | 3.90% | 2.32% |
| Meets ESG criteria | No | No |
| Inception Date | May 11, 2011 | October 20, 2009 |
Frequently asked questions about DLR and ZEB
Which ETF has performed better year to date: DLR or ZEB?
As of July 29, 2026, DLR has returned 3.95% year to date, while ZEB has returned 30.51%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: DLR or ZEB?
As of July 29, 2026, DLR manages $317.57 M in assets, while ZEB manages $6.97 B. ZEB is the larger fund by AUM.
How are DLR and ZEB managed?
DLR is passively managed by Global X. It tracks the Bloomberg USDCAD Index - CAD benchmark. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
Which ETF is attracting more investor flows: DLR or ZEB?
Year to date, DLR has seen +$66.47 M in net flows, compared with +$32.79 M for ZEB. DLR has attracted more net investor money so far.
How do the fees of DLR and ZEB compare?
DLR has an expense ratio of 0.57%, while ZEB has an expense ratio of 0.28%.
Recent articles about DLR 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.