VS
When evaluating costs, ENCC features a management fee (MER) of 0.81%, compared to 0.25% for ZEB. Performance-wise, ENCC has returned 29.59% year-to-date with -$48 M in net flows, whereas ZEB is at 32.65% with +$209 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
ENCC
ZEB
| AuM | $765.45 M | $7,263.42 M |
| Management Fees | 0.81% | 0.25% |
| Exp. ratio | 0.77% | 0.28% |
| Tracking Difference | - | -0.65% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ENCC | +4.80% | +13.65% | +29.59% | +41.27% | +53.59% |
ZEB | +1.98% | +16.51% | +32.65% | +67.24% | +148.29% | |
| Flows | ENCC | +$18 M | -$20 M | -$48 M | +$58 M | +$485 M |
ZEB | +$972 M | +$1,234 M | +$209 M | +$894 M | -$431 M |
ENCC vs ZEB exposure
Countries
ENCC
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
ENCC
Exposure data will be available soon
ZEB
Finance
100.00%
As of July 20, 2026
Top 10 Holdings
ENCC
Exposure data will be available soon
ZEB
The Toronto-Dominion Bank
17.52%
Royal Bank of Canada
17.09%
Bank of Montreal
16.85%
The Bank of Nova Scotia
16.38%
Canadian Imperial Bank of Commerce
16.27%
National Bank of Canada
15.89%
Diversification
ENCC
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
ENCC
ZEB
| Provider | Global X | 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 | 11.17% | 2.29% |
| Meets ESG criteria | No | No |
| Inception Date | April 11, 2011 | October 20, 2009 |
Frequently asked questions about ENCC and ZEB
Which ETF has performed better year to date: ENCC or ZEB?
As of July 20, 2026, ENCC has returned 29.59% year to date, while ZEB has returned 32.65%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: ENCC or ZEB?
As of July 20, 2026, ENCC manages $765.45 M in assets, while ZEB manages $7.26 B. ZEB is the larger fund by AUM.
How are ENCC and ZEB managed?
ENCC 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: ENCC or ZEB?
Year to date, ENCC has seen -$48.21 M in net flows, compared with +$209.29 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of ENCC and ZEB compare?
ENCC has an expense ratio of 0.77%, while ZEB has an expense ratio of 0.28%.
Recent articles about ENCC and ZEB
How Canadians Can Generate Income with these Covered Call ETFs
A look at Canadian Covered Call ETFs that have attractive distribution yields.
Posted on 10/23/2024 by Kyle Anthony inStock Market
Bank Stocks: An Undervalued Gem?
Bank stocks are poised for growth amid declining inflation and rate cuts.
Posted on 7/29/2024 by ETF Market Canada inBanks
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.