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Harvest US Equity Leaders Income ETF (HBF) and BMO US Equity Focused ETF (ZBEU) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HBF focuses its top 3 sector exposures on Information Technology, Financials, and Communication Services, while ZBEU leans towards Information Technology, Financials, and Consumer Discretionary. When evaluating costs, HBF features a management fee (MER) of 0.75%, compared to 0.51% for ZBEU. Performance-wise, HBF has returned 6.65% year-to-date with +$26 M in net flows, whereas ZBEU is at 15% with -$0 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
HBF
ZBEU
| AuM | $562.25 M | $14.66 M |
| Management Fees | 0.75% | 0.51% |
| Exp. ratio | 0.91% | 0.51% |
| Tracking Difference | - | - |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HBF | +0.52% | +9.94% | +6.65% | +21.31% | +45.91% |
ZBEU | +4.17% | +20.15% | +15.00% | +37.15% | - | |
| Flows | HBF | +$2 M | +$12 M | +$26 M | +$28 M | +$62 M |
ZBEU | +$0 M | -$2 M | -$0 M | +$8 M | - |
HBF vs ZBEU exposure
Countries
HBF
USA
85.80%
Other
10.50%
ZBEU
USA
95.37%
Sectors
HBF
Information Technology
33.00%
Financials
14.50%
Communication Services
11.30%
Consumer Staples
10.80%
Other
10.50%
Consumer Discretionary
10.00%
Other
9.90%
ZBEU
Information Technology
32.89%
Financials
13.89%
Consumer Discretionary
10.80%
Communication Services
10.46%
Industrials
7.97%
Health Care
7.88%
Other
16.12%
As of June 12, 2026
Top 10 Holdings
HBF
VERIZON COMMUNICATIONS
6.70%
CATERPILLAR
5.80%
COCA-COLA
5.60%
CISCO-T
5.50%
APPLE
5.40%
MCDONALD'S
5.30%
PROCTERGAMBLE
5.20%
JPMORGAN CHASE
5.00%
BROADCOM LIMITED
4.90%
VISA INCORPORATION
4.80%
ZBEU
APPLE
7.31%
NVIDIA
7.07%
ALPHABET INC-CL
6.11%
AMAZON.COM INC
4.96%
MICROSOFT-T
4.11%
ADVANCED MICRO DEVICES
3.41%
CITIGROUP
2.79%
BROADCOM LIMITED
2.76%
BERKSHIRE HATHWAY
2.65%
THE GOLDMAN SACHS GROUP
2.32%
Diversification
HBF
Total weight of top 10 holdings out of 18 total
54.20%
ZBEU
Total weight of top 10 holdings out of 50 total
43.49%
Characteristics
Compare
HBF
ZBEU
| Provider | Harvest Portfolios Group | BMO |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 7.53% | 0.24% |
| Meets ESG criteria | No | No |
| Inception Date | July 24, 2014 | May 21, 2025 |
Frequently asked questions about HBF and ZBEU
Which ETF has performed better year to date: HBF or ZBEU?
As of June 12, 2026, HBF has returned 6.65% year to date, while ZBEU has returned 15.00%. ZBEU is ahead on YTD performance.
Which ETF is larger by assets under management: HBF or ZBEU?
As of June 12, 2026, HBF manages $562.25 M in assets, while ZBEU manages $14.66 M. HBF is the larger fund by AUM.
How are HBF and ZBEU managed?
HBF is actively managed by Harvest Portfolios Group. It does not track an index. ZBEU is actively managed by BMO. It does not track an index.
What sectors do HBF and ZBEU emphasize?
HBF is most exposed to Information Technology, Financials, and Communication Services. ZBEU is most exposed to Information Technology, Financials, and Consumer Discretionary.
Which ETF is attracting more investor flows: HBF or ZBEU?
Year to date, HBF has seen +$25.89 M in net flows, compared with -$0.11 M for ZBEU. HBF has attracted more net investor money so far.
How do the fees of HBF and ZBEU compare?
HBF has an expense ratio of 0.91%, while ZBEU has an expense ratio of 0.51%.
What are the top holdings of HBF and ZBEU?
HBF's largest holdings include VERIZON COMMUNICATIONS, CATERPILLAR, and COCA-COLA. ZBEU's top holdings include APPLE, NVIDIA, and ALPHABET INC-CL.
Which ETF is more diversified: HBF or ZBEU?
HBF holds 18 securities, while ZBEU holds 49. On holdings count, ZBEU is the more diversified portfolio.
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