FCCL
Fidelity Canadian Low Volatility Index ETF

Full FCCL fund page
VS
ZLB
BMO Low Volatility Canadian Equity ETF

Full ZLB fund page

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

-3.0-2.0-1.00.01.02.0%Sep 16Sep 23Sep 30Oct 7Oct 15

Key Data

Historical performance and flows

As of October 16, 2026
1M3MYTD1Y3Y
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
ProviderFidelityBMO
ManagementPassively managedActively managed
BenchmarkFidelity Canada Canadian Low Volatility GTR Index - CAD-
Replication MethodDirect (Physical)-
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield2.00%1.84%
Meets ESG criteriaNoNo
Inception DateJanuary 24, 2019October 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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