VS
When evaluating costs, FCIL features a management fee (MER) of 0.45%, compared to 0.35% for ZLB. Performance-wise, FCIL has returned 9.99% year-to-date with +$517 M in net flows, whereas ZLB is at 6.08% with +$48 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
FCIL
ZLB
| AuM | $1,359.70 M | $5,990.67 M |
| Management Fees | 0.45% | 0.35% |
| Exp. ratio | 0.51% | 0.39% |
| Tracking Difference | -1.02% | - |
Historical performance and flows
As of October 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCIL | -0.41% | -0.16% | +9.99% | +13.79% | +54.77% |
ZLB | +2.14% | -1.70% | +6.08% | +10.29% | +63.32% | |
| Flows | FCIL | +$39 M | +$117 M | +$517 M | +$654 M | +$1,182 M |
ZLB | -$157 M | -$129 M | +$48 M | +$155 M | +$1,089 M |
FCIL vs ZLB exposure
Countries
FCIL
Exposure data will be available soon
ZLB
Canada
96.08%
Sectors
FCIL
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 15, 2026
Top 10 Holdings
FCIL
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
FCIL
Exposure data will be available soon
ZLB
Total weight of top 10 holdings out of 52 total
36.57%
Characteristics
Compare
FCIL
ZLB
| Provider | Fidelity | BMO |
| Management | Passively managed | Actively managed |
| Benchmark | Fidelity Canada International Low Volatility GTR Index - CAD | - |
| Replication Method | Direct (Physical) | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.21% | 1.85% |
| Meets ESG criteria | No | No |
| Inception Date | January 24, 2019 | October 27, 2011 |
Frequently asked questions about FCIL and ZLB
Which ETF has performed better year to date: FCIL or ZLB?
As of October 15, 2026, FCIL has returned 9.99% year to date, while ZLB has returned 6.08%. FCIL is ahead on YTD performance.
Which ETF is larger by assets under management: FCIL or ZLB?
As of October 15, 2026, FCIL manages $1.36 B in assets, while ZLB manages $5.99 B. ZLB is the larger fund by AUM.
How are FCIL and ZLB managed?
FCIL is passively managed by Fidelity. It tracks the Fidelity Canada International 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: FCIL or ZLB?
Year to date, FCIL has seen +$516.85 M in net flows, compared with +$48.43 M for ZLB. FCIL has attracted more net investor money so far.
How do the fees of FCIL and ZLB compare?
FCIL has an expense ratio of 0.51%, while ZLB has an expense ratio of 0.39%.
Recent articles about FCIL and ZLB
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