VS
When evaluating costs, GBFC features a management fee (MER) of 0.2%, compared to 0.25% for ZEB. Performance-wise, GBFC has returned 1.59% year-to-date with -$4 M in net flows, whereas ZEB is at 30.16% with +$575 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
GBFC
ZEB
| AuM | $22.02 M | $7,453.44 M |
| Management Fees | 0.20% | 0.25% |
| Exp. ratio | 0.29% | 0.28% |
| Tracking Difference | - | -0.54% |
Historical performance and flows
As of September 14, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | GBFC | +0.17% | +0.54% | +1.59% | +2.39% | - |
ZEB | -4.56% | +3.59% | +30.16% | +49.54% | +153.84% | |
| Flows | GBFC | -$0 M | -$1 M | -$4 M | -$2 M | - |
ZEB | +$318 M | +$1,709 M | +$575 M | +$1,343 M | -$329 M |
GBFC vs ZEB exposure
Countries
GBFC
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
GBFC
Exposure data will be available soon
ZEB
Finance
100.00%
As of September 14, 2026
Top 10 Holdings
GBFC
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
GBFC
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
GBFC
ZEB
| Provider | Guardian Capital | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.46% | 2.35% |
| Meets ESG criteria | No | No |
| Inception Date | January 9, 2024 | October 20, 2009 |
Frequently asked questions about GBFC and ZEB
Which ETF has performed better year to date: GBFC or ZEB?
As of September 14, 2026, GBFC has returned 1.59% year to date, while ZEB has returned 30.16%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: GBFC or ZEB?
As of September 14, 2026, GBFC manages $22.02 M in assets, while ZEB manages $7.45 B. ZEB is the larger fund by AUM.
How are GBFC and ZEB managed?
GBFC is actively managed by Guardian Capital. 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: GBFC or ZEB?
Year to date, GBFC has seen -$4.27 M in net flows, compared with +$575.36 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of GBFC and ZEB compare?
GBFC has an expense ratio of 0.29%, while ZEB has an expense ratio of 0.28%.
Recent articles about GBFC and ZEB
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