VS
When evaluating costs, FCLC features a management fee (MER) of 0.85%, compared to 0.25% for ZEB. Performance-wise, FCLC has returned 6.96% year-to-date with +$2 M in net flows, whereas ZEB is at 32.36% with +$425 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
FCLC
ZEB
| AuM | $205.27 M | $7,427.67 M |
| Management Fees | 0.85% | 0.25% |
| Exp. ratio | 1.07% | 0.28% |
| Tracking Difference | - | -0.54% |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCLC | -0.40% | +6.29% | +6.96% | +5.45% | +46.89% |
ZEB | -0.32% | +11.06% | +32.36% | +55.47% | +161.28% | |
| Flows | FCLC | +$7 M | -$2 M | +$2 M | +$49 M | +$151 M |
ZEB | +$377 M | +$1,600 M | +$425 M | +$761 M | -$338 M |
FCLC vs ZEB exposure
Countries
FCLC
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
FCLC
Exposure data will be available soon
ZEB
Finance
100.00%
As of September 3, 2026
Top 10 Holdings
FCLC
Exposure data will be available soon
ZEB
Royal Bank of Canada
17.39%
Bank of Montreal
17.03%
The Toronto-Dominion Bank
16.96%
The Bank of Nova Scotia
16.51%
Canadian Imperial Bank of Commerce
16.09%
National Bank of Canada
16.03%
Diversification
FCLC
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
FCLC
ZEB
| Provider | Fidelity | 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 | 0.00% | 2.31% |
| Meets ESG criteria | No | No |
| Inception Date | May 25, 2023 | October 20, 2009 |
Frequently asked questions about FCLC and ZEB
Which ETF has performed better year to date: FCLC or ZEB?
As of September 3, 2026, FCLC has returned 6.96% year to date, while ZEB has returned 32.36%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: FCLC or ZEB?
As of September 3, 2026, FCLC manages $205.27 M in assets, while ZEB manages $7.43 B. ZEB is the larger fund by AUM.
How are FCLC and ZEB managed?
FCLC is actively managed by Fidelity. 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: FCLC or ZEB?
Year to date, FCLC has seen +$2.40 M in net flows, compared with +$425.30 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of FCLC and ZEB compare?
FCLC has an expense ratio of 1.07%, while ZEB has an expense ratio of 0.28%.
Recent articles about FCLC and ZEB
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