EMCL
Global X Enhanced MSCI Emerging Markets Covered Call ETF

Full EMCL fund page
VS
ZEB
BMO Equal Weight Banks Index ETF

Full ZEB fund page

When evaluating costs, EMCL features a management fee (MER) of 0.85%, compared to 0.25% for ZEB. Performance-wise, EMCL has returned 18.14% year-to-date with +$2 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

-4.0-2.00.02.04.06.0%May 11May 19May 26Jun 2Jun 9

Key Data

Historical performance and flows

As of June 10, 2026
1M3MYTD1Y3Y
Perf.
EMCL
-1.62%+14.32%+18.14%+40.13%-
ZEB
+6.43%+18.58%+22.31%+63.53%+141.92%
Flows
EMCL
+$0 M+$0 M+$2 M+$4 M-
ZEB
-$71 M-$214 M-$1,101 M-$934 M-$1,882 M

EMCL vs ZEB exposure

Countries

EMCL
Exposure data will be available soon
ZEB
Canada
100.00%

Sectors

EMCL
Exposure data will be available soon
ZEB
Financials
100.00%
As of June 10, 2026

Top 10 Holdings

EMCL
Exposure data will be available soon
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

EMCL
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%

Characteristics

Compare
EMCL
ZEB
ProviderGlobal XBMO
ManagementActively managedPassively managed
Benchmark-Solactive Equal Weight Canada Banks GTR Index - CAD
Replication MethodDirect (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield10.96%2.47%
Meets ESG criteriaNoNo
Inception DateMay 28, 2024October 20, 2009

Frequently asked questions about EMCL and ZEB

Which ETF has performed better year to date: EMCL or ZEB?
As of June 10, 2026, EMCL has returned 18.14% year to date, while ZEB has returned 22.31%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: EMCL or ZEB?
As of June 10, 2026, EMCL manages $6.69 M in assets, while ZEB manages $5.48 B. ZEB is the larger fund by AUM.
How are EMCL and ZEB managed?
EMCL is actively managed by Global X. It does not track an index. 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: EMCL or ZEB?
Year to date, EMCL has seen +$2.29 M in net flows, compared with -$1,101.44 M for ZEB. EMCL has attracted more net investor money so far.
How do the fees of EMCL and ZEB compare?
EMCL has an expense ratio of 1.90%, while ZEB has an expense ratio of 0.28%.

Recent articles about EMCL and ZEB

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