VS
BMO MSCI World ESG Leaders Index ETF (ESGG) and BMO MSCI ACWI Paris Aligned Climate Equity Index ETF (ZGRN) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ESGG focuses its top 3 sector exposures on Information Technology, Financials, and Industrials, while ZGRN leans towards Information Technology, Financials, and Health Care. When evaluating costs, ESGG features a management fee (MER) of 0.25%, compared to 0.25% for ZGRN. Performance-wise, ESGG has returned 2.8% year-to-date with -$0 M in net flows, whereas ZGRN is at 2.8% with +$2 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
ESGG
ZGRN
| AuM | $53.08 M | $7.67 M |
| Management Fees | 0.25% | 0.25% |
| Exp. ratio | 0.28% | 0.28% |
| Tracking Difference | -0.12% | 0.03% |
Historical performance and flows
As of April 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ESGG | +5.20% | -0.62% | +2.80% | +29.80% | +70.83% |
ZGRN | +6.22% | +0.31% | +2.80% | +27.59% | +66.32% | |
| Flows | ESGG | +$0 M | -$0 M | -$0 M | +$0 M | +$9 M |
ZGRN | +$0 M | +$2 M | +$2 M | +$2 M | +$4 M |
ESGG vs ZGRN exposure
Countries
ESGG
USA
68.43%
Other
31.57%
ZGRN
USA
63.93%
Other
36.07%
Sectors
ESGG
Information Technology
29.28%
Financials
12.39%
Industrials
10.53%
Communication Services
10.31%
Health Care
9.99%
Consumer Discretionary
9.27%
Other
18.23%
ZGRN
Information Technology
31.71%
Financials
15.34%
Health Care
9.55%
Consumer Discretionary
8.90%
Communication Services
8.61%
Industrials
8.28%
Other
17.62%
As of April 15, 2026
Top 10 Holdings
ESGG
NVIDIA
10.22%
MICROSOFT-T
6.45%
ALPHABET INC-CL
4.07%
ALPHABET INC-CL
3.42%
TESLA
2.63%
LILLY
1.88%
JOHNSON&JOHNSON
1.33%
ASML HOLDING
1.30%
VISA INCORPORATION
1.22%
MASTERCARD
0.99%
ZGRN
NVIDIA
5.62%
APPLE
4.71%
MICROSOFT-T
3.42%
ALPHABET INC-CL
2.25%
AMAZON.COM INC
2.23%
TWN SEMICONT MAN
1.76%
BROADCOM LIMITED
1.72%
META PLATFORMS
1.69%
TESLA
1.69%
ALPHABET INC-CL
1.64%
Diversification
ESGG
Total weight of top 10 holdings out of 641 total
33.52%
ZGRN
Total weight of top 10 holdings out of 584 total
26.74%
Characteristics
Compare
ESGG
ZGRN
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI World Selection NTR Index - CAD | MSCI ACWI Climate Paris Aligned Index NTR - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.97% | 0.94% |
| Meets ESG criteria | Yes | Yes |
| Inception Date | January 27, 2020 | January 17, 2022 |
Frequently asked questions about ESGG and ZGRN
Which ETF has performed better year to date: ESGG or ZGRN?
As of April 15, 2026, ESGG has returned 2.80% year to date, while ZGRN has returned 2.80%. ESGG is ahead on YTD performance.
Which ETF is larger by assets under management: ESGG or ZGRN?
As of April 15, 2026, ESGG manages $53.08 M in assets, while ZGRN manages $7.67 M. ESGG is the larger fund by AUM.
How are ESGG and ZGRN managed?
ESGG is passively managed by BMO. It tracks the MSCI World Selection NTR Index - CAD benchmark. ZGRN is passively managed by BMO. It tracks the MSCI ACWI Climate Paris Aligned Index NTR - CAD benchmark.
What sectors do ESGG and ZGRN emphasize?
ESGG is most exposed to Information Technology, Financials, and Industrials. ZGRN is most exposed to Information Technology, Financials, and Health Care.
Which ETF is attracting more investor flows: ESGG or ZGRN?
Year to date, ESGG has seen -$0.07 M in net flows, compared with +$2.30 M for ZGRN. ZGRN has attracted more net investor money so far.
How do the fees of ESGG and ZGRN compare?
ESGG has an expense ratio of 0.28%, while ZGRN has an expense ratio of 0.28%.
What are the top holdings of ESGG and ZGRN?
ESGG's largest holdings include NVIDIA, ALPHABET INC-CL, and MICROSOFT-T. ZGRN's top holdings include NVIDIA, APPLE, and ALPHABET INC-CL.
Which ETF is more diversified: ESGG or ZGRN?
ESGG holds 606 securities, while ZGRN holds 546. On holdings count, ESGG is the more diversified portfolio.
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.