VS
When evaluating costs, FMNA features a management fee (MER) of 1.15%, compared to 0.25% for ZEB. Performance-wise, FMNA has returned 3.78% year-to-date with -$2 M in net flows, whereas ZEB is at 23.88% with -$1,116 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
FMNA
ZEB
| AuM | $2.24 M | $5,536.30 M |
| Management Fees | 1.15% | 0.25% |
| Exp. ratio | 1.50% | 0.28% |
| Tracking Difference | - | -0.62% |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FMNA | +1.23% | +2.17% | +3.78% | +4.90% | - |
ZEB | +7.80% | +20.31% | +23.88% | +66.43% | +145.04% | |
| Flows | FMNA | -$0 M | -$2 M | -$2 M | -$2 M | - |
ZEB | -$85 M | -$309 M | -$1,116 M | -$946 M | -$1,896 M |
FMNA vs ZEB exposure
Countries
FMNA
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
FMNA
Exposure data will be available soon
ZEB
Financials
100.00%
As of June 11, 2026
Top 10 Holdings
FMNA
Exposure data will be available soon
ZEB
TORONTO DOMINION
17.02%
CDN IMPERIAL BK
16.89%
NATIONAL BANK OF CANADA
16.73%
ROYAL BK CANADA
16.71%
BNS
16.37%
BANK OF MONTREAL
16.28%
Diversification
FMNA
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
FMNA
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% | 2.44% |
| Meets ESG criteria | No | No |
| Inception Date | February 1, 2024 | October 20, 2009 |
Frequently asked questions about FMNA and ZEB
Which ETF has performed better year to date: FMNA or ZEB?
As of June 11, 2026, FMNA has returned 3.78% year to date, while ZEB has returned 23.88%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: FMNA or ZEB?
As of June 11, 2026, FMNA manages $2.24 M in assets, while ZEB manages $5.54 B. ZEB is the larger fund by AUM.
How are FMNA and ZEB managed?
FMNA 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: FMNA or ZEB?
Year to date, FMNA has seen -$2.16 M in net flows, compared with -$1,115.72 M for ZEB. FMNA has attracted more net investor money so far.
How do the fees of FMNA and ZEB compare?
FMNA has an expense ratio of 1.50%, while ZEB has an expense ratio of 0.28%.
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