VS
Global X MSCI Emerging Markets Index ETF (EMMX) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that EMMX focuses its top 3 sector exposures on Technology, Finance, and Non-Energy Materials, while ZEB leans towards Finance. When evaluating costs, EMMX features a management fee (MER) of 0.25%, compared to 0.25% for ZEB. Performance-wise, EMMX has returned 23.08% year-to-date with -$22 M in net flows, whereas ZEB is at 27.86% with +$703 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
EMMX
ZEB
| AuM | $104.60 M | $7,427.50 M |
| Management Fees | 0.25% | 0.25% |
| Exp. ratio | 0.28% | 0.28% |
| Tracking Difference | -1.18% | -0.51% |
Historical performance and flows
As of October 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | EMMX | -0.77% | +2.26% | +23.08% | +27.75% | - |
ZEB | -0.06% | -1.82% | +27.86% | +43.11% | +163.84% | |
| Flows | EMMX | -$5 M | -$5 M | -$22 M | -$15 M | - |
ZEB | +$13 M | +$1,019 M | +$703 M | +$1,272 M | -$391 M |
EMMX vs ZEB exposure
Countries
EMMX
Taiwan
27.53%
Republic of Korea
20.69%
China
18.51%
India
11.36%
Other
21.91%
ZEB
Canada
100.00%
Sectors
EMMX
Technology
44.93%
Finance
21.13%
Non-Energy Materials
7.17%
Other
26.77%
ZEB
Finance
100.00%
As of October 1, 2026
Top 10 Holdings
EMMX
Taiwan Semiconductor Manufacturing Co., Ltd.
15.07%
Samsung Electronics Co., Ltd.
7.16%
SK hynix, Inc.
5.45%
Tencent Holdings Ltd.
2.86%
Alibaba Group Holding Ltd.
1.97%
MediaTek, Inc.
1.44%
Delta Electronics, Inc.
0.91%
Samsung Electronics Co., Ltd.
0.88%
China Construction Bank Corp.
0.82%
Hon Hai Precision Industry Co., Ltd.
0.78%
ZEB
The Bank of Nova Scotia
17.59%
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.16%
Bank of Montreal
16.64%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.42%
Diversification
EMMX
Total weight of top 10 holdings out of 1,173 total
37.35%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
EMMX
ZEB
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Emerging Markets Net Total Return Index - USD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.88% | 2.40% |
| Meets ESG criteria | No | No |
| Inception Date | May 15, 2024 | October 20, 2009 |
Frequently asked questions about EMMX and ZEB
Which ETF has performed better year to date: EMMX or ZEB?
As of October 1, 2026, EMMX has returned 23.08% year to date, while ZEB has returned 27.86%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: EMMX or ZEB?
As of October 1, 2026, EMMX manages $104.60 M in assets, while ZEB manages $7.43 B. ZEB is the larger fund by AUM.
How are EMMX and ZEB managed?
EMMX is passively managed by Global X. It tracks the MSCI Emerging Markets Net Total Return Index - USD benchmark. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do EMMX and ZEB emphasize?
EMMX is most exposed to Technology, Finance, and Non-Energy Materials. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: EMMX or ZEB?
Year to date, EMMX has seen -$21.90 M in net flows, compared with +$703.09 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of EMMX and ZEB compare?
EMMX has an expense ratio of 0.28%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of EMMX and ZEB?
EMMX's largest holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd., and SK hynix, Inc.. ZEB's top holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Royal Bank of Canada.
Which ETF is more diversified: EMMX or ZEB?
EMMX holds 1116 securities, while ZEB holds 6. On holdings count, EMMX is the more diversified portfolio.
Recent articles about EMMX and ZEB
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