VS
Evolve European Banks Enhanced Yield ETF (EBNK) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that EBNK focuses its top 3 sector exposures on Financials, while ZEB leans towards Financials. When evaluating costs, EBNK features a management fee (MER) of 0.6%, compared to 0.25% for ZEB. Performance-wise, EBNK has returned 3.17% year-to-date with +$23 M in net flows, whereas ZEB is at 22.31% with -$1,101 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
EBNK
ZEB
| AuM | $92.65 M | $5,479.96 M |
| Management Fees | 0.60% | 0.25% |
| Exp. ratio | 0.63% | 0.28% |
| Tracking Difference | - | -0.62% |
Historical performance and flows
As of June 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | EBNK | +0.69% | +4.74% | +3.17% | +28.18% | +100.16% |
ZEB | +6.43% | +18.58% | +22.31% | +63.53% | +141.92% | |
| Flows | EBNK | +$1 M | +$3 M | +$23 M | +$62 M | +$82 M |
ZEB | -$71 M | -$214 M | -$1,101 M | -$934 M | -$1,882 M |
EBNK vs ZEB exposure
Countries
EBNK
United Kingdom
19.69%
France
15.44%
Spain
14.73%
Italy
9.56%
Other
40.58%
ZEB
Canada
100.00%
Sectors
EBNK
Financials
95.69%
ZEB
Financials
100.00%
As of June 10, 2026
Top 10 Holdings
EBNK
HSBC HOLDINGS
5.43%
COMMERZBANK AG
5.36%
BNP PARIBAS
5.35%
DNB BANK
5.35%
DANSKE BANK
5.23%
BANCO SANTANDER SA
5.19%
STANDARD CHARTERED PLC
5.11%
CREDIT AGRICOLE
5.09%
KBC GROEP
5.06%
NORDEA BANK ABP
5.06%
ZEB
TORONTO DOMINION
17.02%
CDN IMPERIAL BK
16.89%
NATIONAL BANK OF CANADA
16.73%
ROYAL BK CANADA
16.71%
BNS
16.37%
BANK OF MONTREAL
16.28%
Diversification
EBNK
Total weight of top 10 holdings out of 20 total
52.23%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
EBNK
ZEB
| Provider | Evolve 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 | 10.25% | 2.47% |
| Meets ESG criteria | No | No |
| Inception Date | January 11, 2022 | October 20, 2009 |
Frequently asked questions about EBNK and ZEB
Which ETF has performed better year to date: EBNK or ZEB?
As of June 10, 2026, EBNK has returned 3.17% year to date, while ZEB has returned 22.31%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: EBNK or ZEB?
As of June 10, 2026, EBNK manages $92.65 M in assets, while ZEB manages $5.48 B. ZEB is the larger fund by AUM.
How are EBNK and ZEB managed?
EBNK is actively managed by Evolve 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.
What sectors do EBNK and ZEB emphasize?
EBNK is most exposed to Financials. ZEB is most exposed to Financials.
Which ETF is attracting more investor flows: EBNK or ZEB?
Year to date, EBNK has seen +$23.33 M in net flows, compared with -$1,101.44 M for ZEB. EBNK has attracted more net investor money so far.
How do the fees of EBNK and ZEB compare?
EBNK has an expense ratio of 0.63%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of EBNK and ZEB?
EBNK's largest holdings include HSBC HOLDINGS, COMMERZBANK AG, and BNP PARIBAS. ZEB's top holdings include TORONTO DOMINION, CDN IMPERIAL BK, and NATIONAL BANK OF CANADA.
Which ETF is more diversified: EBNK or ZEB?
EBNK holds 20 securities, while ZEB holds 6. On holdings count, EBNK is the more diversified portfolio.
Recent articles about EBNK and ZEB
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