VS
When evaluating costs, FCCL features a management fee (MER) of 0.35%, compared to 0.35% for ZLB. Performance-wise, FCCL has returned 15.2% year-to-date with +$386 M in net flows, whereas ZLB is at 6.73% with +$45 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
FCCL
ZLB
| AuM | $1,177.15 M | $6,024.37 M |
| Management Fees | 0.35% | 0.35% |
| Exp. ratio | 0.39% | 0.39% |
| Tracking Difference | -0.43% | - |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCCL | +2.27% | -0.02% | +15.20% | +19.38% | +76.26% |
ZLB | +1.99% | -2.02% | +6.73% | +10.89% | +64.32% | |
| Flows | FCCL | +$32 M | +$92 M | +$386 M | +$501 M | +$935 M |
ZLB | -$157 M | -$135 M | +$45 M | +$207 M | +$1,086 M |
FCCL vs ZLB exposure
Countries
FCCL
Exposure data will be available soon
ZLB
Canada
96.08%
Sectors
FCCL
Exposure data will be available soon
ZLB
Finance
31.88%
Consumer Non-Cyclicals
18.18%
Utilities
16.73%
Telecommunications
8.77%
Other
24.44%
As of October 16, 2026
Top 10 Holdings
FCCL
Exposure data will be available soon
ZLB
Great-West Lifeco, Inc.
4.41%
Fortis, Inc.
4.24%
Quebecor, Inc.
3.82%
Loblaw Cos. Ltd.
3.75%
Hydro One Ltd.
3.73%
Emera, Inc.
3.48%
Empire Co. Ltd.
3.48%
Intact Financial Corp.
3.30%
TMX Group Ltd.
3.21%
Metro, Inc.
3.15%
Diversification
FCCL
Exposure data will be available soon
ZLB
Total weight of top 10 holdings out of 52 total
36.57%
Characteristics
Compare
FCCL
ZLB
| Provider | Fidelity | BMO |
| Management | Passively managed | Actively managed |
| Benchmark | Fidelity Canada Canadian Low Volatility GTR Index - CAD | - |
| Replication Method | Direct (Physical) | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.00% | 1.84% |
| Meets ESG criteria | No | No |
| Inception Date | January 24, 2019 | October 27, 2011 |
Frequently asked questions about FCCL and ZLB
Which ETF has performed better year to date: FCCL or ZLB?
As of October 16, 2026, FCCL has returned 15.20% year to date, while ZLB has returned 6.73%. FCCL is ahead on YTD performance.
Which ETF is larger by assets under management: FCCL or ZLB?
As of October 16, 2026, FCCL manages $1.18 B in assets, while ZLB manages $6.02 B. ZLB is the larger fund by AUM.
How are FCCL and ZLB managed?
FCCL is passively managed by Fidelity. It tracks the Fidelity Canada Canadian Low Volatility GTR Index - CAD benchmark. ZLB is actively managed by BMO. It does not track an index.
Which ETF is attracting more investor flows: FCCL or ZLB?
Year to date, FCCL has seen +$386.36 M in net flows, compared with +$45.38 M for ZLB. FCCL has attracted more net investor money so far.
How do the fees of FCCL and ZLB compare?
FCCL has an expense ratio of 0.39%, while ZLB has an expense ratio of 0.39%.
Recent articles about FCCL and ZLB
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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.





