VS
When evaluating costs, GIES features a management fee (MER) of 0.65%, compared to 0.25% for ZEB. Performance-wise, GIES has returned 15.07% year-to-date with -$10 M in net flows, whereas ZEB is at 32.05% 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
GIES
ZEB
| AuM | $5.26 M | $7,964.98 M |
| Management Fees | 0.65% | 0.25% |
| Exp. ratio | 0.94% | 0.28% |
| Tracking Difference | - | -0.53% |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | GIES | -0.94% | -1.15% | +15.07% | +16.68% | - |
ZEB | +2.92% | -0.49% | +32.05% | +45.52% | +183.86% | |
| Flows | GIES | -$0 M | -$0 M | -$10 M | -$10 M | - |
ZEB | +$253 M | +$1,000 M | +$1,033 M | +$1,756 M | -$188 M |
GIES vs ZEB exposure
Countries
GIES
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
GIES
Exposure data will be available soon
ZEB
Finance
100.00%
As of October 30, 2026
Top 10 Holdings
GIES
Exposure data will be available soon
ZEB
The Bank of Nova Scotia
17.14%
The Toronto-Dominion Bank
16.99%
Bank of Montreal
16.79%
Canadian Imperial Bank of Commerce
16.49%
Royal Bank of Canada
16.45%
National Bank of Canada
16.14%
Diversification
GIES
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
GIES
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 | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.34% | 2.34% |
| Meets ESG criteria | No | No |
| Inception Date | November 14, 2023 | October 20, 2009 |
Frequently asked questions about GIES and ZEB
Which ETF has performed better year to date: GIES or ZEB?
As of October 30, 2026, GIES has returned 15.07% year to date, while ZEB has returned 32.05%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: GIES or ZEB?
As of October 30, 2026, GIES manages $5.26 M in assets, while ZEB manages $7.96 B. ZEB is the larger fund by AUM.
How are GIES and ZEB managed?
GIES 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: GIES or ZEB?
Year to date, GIES has seen -$9.56 M in net flows, compared with +$1,032.65 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of GIES and ZEB compare?
GIES has an expense ratio of 0.94%, while ZEB has an expense ratio of 0.28%.
Recent articles about GIES and ZEB
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.