VS
First Trust AlphaDEX U.S. Industrials Sector Index ETF (FHG.F) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that FHG.F focuses its top 3 sector exposures on Industrials, Non-Energy Materials, and Finance, while ZEB leans towards Finance. When evaluating costs, FHG.F features a management fee (MER) of 0.7%, compared to 0.25% for ZEB. Performance-wise, FHG.F has returned 4.91% year-to-date with +$0 M in net flows, whereas ZEB is at 33.4% with +$1 B. 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
FHG.F
ZEB
| AuM | $1.82 M | $8,225.78 M |
| Management Fees | 0.70% | 0.25% |
| Exp. ratio | 0.76% | 0.28% |
| Tracking Difference | - | -0.51% |
Historical performance and flows
As of October 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FHG.F | +3.20% | -5.78% | +4.91% | +4.95% | +52.20% |
ZEB | +1.98% | -0.99% | +33.40% | +45.60% | +186.75% | |
| Flows | FHG.F | +$0 M | +$0 M | +$0 M | +$0 M | +$1 M |
ZEB | +$403 M | +$1,206 M | +$1,194 M | +$1,949 M | -$27 M |
FHG.F vs ZEB exposure
Countries
FHG.F
USA
88.84%
Other
11.16%
ZEB
Canada
100.00%
Sectors
FHG.F
Industrials
53.82%
Non-Energy Materials
16.76%
Finance
11.30%
Technology
7.87%
Business Services
7.51%
ZEB
Finance
100.00%
As of October 28, 2026
Top 10 Holdings
FHG.F
Accenture Plc
1.75%
Genpact Ltd.
1.59%
PayPal Holdings, Inc.
1.41%
ExlService Holdings, Inc.
1.34%
ADT, Inc.
1.31%
Vontier Corp.
1.27%
Fidelity National Information Services, Inc.
1.22%
Fiserv, Inc.
1.22%
Mohawk Industries, Inc.
1.19%
Graphic Packaging Holding Co.
1.19%
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
FHG.F
Total weight of top 10 holdings out of 153 total
13.49%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
FHG.F
ZEB
| Provider | First Trust | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | StrataQuant Industrials Index - USD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.67% | 2.30% |
| Meets ESG criteria | No | No |
| Inception Date | December 7, 2017 | October 20, 2009 |
Frequently asked questions about FHG.F and ZEB
Which ETF has performed better year to date: FHG.F or ZEB?
As of October 28, 2026, FHG.F has returned 4.91% year to date, while ZEB has returned 33.40%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: FHG.F or ZEB?
As of October 28, 2026, FHG.F manages $1.82 M in assets, while ZEB manages $8.23 B. ZEB is the larger fund by AUM.
How are FHG.F and ZEB managed?
FHG.F is passively managed by First Trust. It tracks the StrataQuant Industrials Index - USD benchmark. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do FHG.F and ZEB emphasize?
FHG.F is most exposed to Industrials, Non-Energy Materials, and Finance. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: FHG.F or ZEB?
Year to date, FHG.F has seen +$0.00 M in net flows, compared with +$1,194.26 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of FHG.F and ZEB compare?
FHG.F has an expense ratio of 0.76%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of FHG.F and ZEB?
FHG.F's largest holdings include Accenture Plc, Genpact Ltd., and PayPal Holdings, Inc.. ZEB's top holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Royal Bank of Canada.
Which ETF is more diversified: FHG.F or ZEB?
FHG.F holds 153 securities, while ZEB holds 6. On holdings count, FHG.F is the more diversified portfolio.
Recent articles about FHG.F and ZEB
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