VS
When evaluating costs, FGLS features a management fee (MER) of 1.15%, compared to 0.25% for ZEB. Performance-wise, FGLS has returned 19.4% year-to-date with -$11 M in net flows, whereas ZEB is at 29.13% with +$96 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
FGLS
ZEB
| AuM | $48.43 M | $6,891.78 M |
| Management Fees | 1.15% | 0.25% |
| Exp. ratio | 1.50% | 0.28% |
| Tracking Difference | - | -0.51% |
Historical performance and flows
As of October 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FGLS | +7.24% | +16.60% | +19.40% | +37.08% | - |
ZEB | -0.46% | -5.69% | +29.13% | +42.84% | +164.61% | |
| Flows | FGLS | -$10 M | -$10 M | -$11 M | -$5 M | - |
ZEB | -$480 M | -$120 M | +$96 M | +$668 M | -$897 M |
FGLS vs ZEB exposure
Countries
FGLS
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
FGLS
Exposure data will be available soon
ZEB
Finance
100.00%
As of October 15, 2026
Top 10 Holdings
FGLS
Exposure data will be available soon
ZEB
The Bank of Nova Scotia
17.59%
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.16%
Bank of Montreal
16.64%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.42%
Diversification
FGLS
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
FGLS
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% | 2.38% |
| Meets ESG criteria | No | No |
| Inception Date | February 1, 2024 | October 20, 2009 |
Frequently asked questions about FGLS and ZEB
Which ETF has performed better year to date: FGLS or ZEB?
As of October 15, 2026, FGLS has returned 19.40% year to date, while ZEB has returned 29.13%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: FGLS or ZEB?
As of October 15, 2026, FGLS manages $48.43 M in assets, while ZEB manages $6.89 B. ZEB is the larger fund by AUM.
How are FGLS and ZEB managed?
FGLS 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: FGLS or ZEB?
Year to date, FGLS has seen -$10.76 M in net flows, compared with +$95.58 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of FGLS and ZEB compare?
FGLS has an expense ratio of 1.50%, while ZEB has an expense ratio of 0.28%.
Recent articles about FGLS and ZEB
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