VS
First Trust AlphaDEX U.S. Health Care Sector Index ETF (FHH) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that FHH focuses its top 3 sector exposures on Healthcare, while ZEB leans towards Finance. When evaluating costs, FHH features a management fee (MER) of 0.7%, compared to 0.25% for ZEB. Performance-wise, FHH has returned 11.9% year-to-date with -$2 M in net flows, whereas ZEB is at 35.79% with +$267 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
FHH
ZEB
| AuM | $4.69 M | $7,493.90 M |
| Management Fees | 0.70% | 0.25% |
| Exp. ratio | 0.76% | 0.28% |
| Tracking Difference | -0.99% | -0.65% |
Historical performance and flows
As of July 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FHH | +6.33% | +12.88% | +11.90% | +26.64% | +23.88% |
ZEB | +6.04% | +19.90% | +35.79% | +71.33% | +157.89% | |
| Flows | FHH | -$0 M | -$2 M | -$2 M | -$6 M | -$8 M |
ZEB | +$1,233 M | +$1,278 M | +$267 M | +$768 M | -$484 M |
FHH vs ZEB exposure
Countries
FHH
USA
95.99%
ZEB
Canada
100.00%
Sectors
FHH
Healthcare
99.84%
ZEB
Finance
100.00%
As of July 16, 2026
Top 10 Holdings
FHH
Humana, Inc.
4.03%
Organon & Co.
3.80%
Elevance Health, Inc.
2.93%
DaVita, Inc.
2.63%
Exelixis, Inc.
2.50%
Solventum Corp.
2.47%
Molina Healthcare, Inc.
2.34%
Bio-Rad Laboratories, Inc.
2.33%
Biogen, Inc.
2.23%
The Cigna Group
2.19%
ZEB
The Toronto-Dominion Bank
17.52%
Royal Bank of Canada
17.09%
Bank of Montreal
16.85%
The Bank of Nova Scotia
16.38%
Canadian Imperial Bank of Commerce
16.27%
National Bank of Canada
15.89%
Diversification
FHH
Total weight of top 10 holdings out of 76 total
27.45%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
FHH
ZEB
| Provider | First Trust | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | StrataQuant Health Care CAD Total Return Index - CAD | 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 | 0.53% | 2.23% |
| Meets ESG criteria | No | No |
| Inception Date | October 30, 2014 | October 20, 2009 |
Frequently asked questions about FHH and ZEB
Which ETF has performed better year to date: FHH or ZEB?
As of July 16, 2026, FHH has returned 11.90% year to date, while ZEB has returned 35.79%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: FHH or ZEB?
As of July 16, 2026, FHH manages $4.69 M in assets, while ZEB manages $7.49 B. ZEB is the larger fund by AUM.
How are FHH and ZEB managed?
FHH is passively managed by First Trust. It tracks the StrataQuant Health Care CAD Total Return Index - CAD benchmark. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do FHH and ZEB emphasize?
FHH is most exposed to Healthcare. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: FHH or ZEB?
Year to date, FHH has seen -$2.10 M in net flows, compared with +$266.52 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of FHH and ZEB compare?
FHH has an expense ratio of 0.76%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of FHH and ZEB?
FHH's largest holdings include Humana, Inc., Organon & Co., and Elevance Health, Inc.. ZEB's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: FHH or ZEB?
FHH holds 76 securities, while ZEB holds 6. On holdings count, FHH is the more diversified portfolio.
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