VS
When evaluating costs, HBB features a management fee (MER) of 0.1%, compared to 0.25% for ZEB. Performance-wise, HBB has returned 0.03% year-to-date with -$405 M in net flows, whereas ZEB is at 34.17% with +$250 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
HBB
ZEB
| AuM | $3,064.62 M | $7,374.39 M |
| Management Fees | 0.10% | 0.25% |
| Exp. ratio | 0.10% | 0.28% |
| Tracking Difference | -0.44% | -0.62% |
Historical performance and flows
As of August 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HBB | -0.74% | +0.59% | +0.03% | +2.21% | +12.68% |
ZEB | +1.14% | +15.35% | +34.17% | +65.05% | +164.45% | |
| Flows | HBB | +$27 M | -$1,214 M | -$405 M | -$119 M | -$858 M |
ZEB | -$16 M | +$1,464 M | +$250 M | +$552 M | -$911 M |
HBB vs ZEB exposure
Countries
HBB
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
HBB
Exposure data will be available soon
ZEB
Finance
100.00%
As of August 18, 2026
Top 10 Holdings
HBB
Exposure data will be available soon
ZEB
The Toronto-Dominion Bank
17.42%
Royal Bank of Canada
17.32%
Bank of Montreal
17.15%
The Bank of Nova Scotia
16.61%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.70%
Diversification
HBB
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
HBB
ZEB
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Canadian Select Universe Bond Total Return Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Indirect | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Capitalization | Distributing |
| Trailing 12m distribution yield | 0.00% | 2.27% |
| Meets ESG criteria | No | No |
| Inception Date | May 8, 2014 | October 20, 2009 |
Frequently asked questions about HBB and ZEB
Which ETF has performed better year to date: HBB or ZEB?
As of August 18, 2026, HBB has returned 0.03% year to date, while ZEB has returned 34.17%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: HBB or ZEB?
As of August 18, 2026, HBB manages $3.06 B in assets, while ZEB manages $7.37 B. ZEB is the larger fund by AUM.
How are HBB and ZEB managed?
HBB is passively managed by Global X. It tracks the Solactive Canadian Select Universe Bond Total Return Index - CAD benchmark. 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: HBB or ZEB?
Year to date, HBB has seen -$404.63 M in net flows, compared with +$250.12 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of HBB and ZEB compare?
HBB has an expense ratio of 0.10%, while ZEB has an expense ratio of 0.28%.
Recent articles about HBB 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.