VS
Harvest US Equity Leaders Income ETF (HBF) and BMO Human Capital Factor US Equity ETF (ZHC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HBF focuses its top 3 sector exposures on Technology, Consumer Non-Cyclicals, and Finance, while ZHC leans towards Technology, Finance, and Consumer Services. When evaluating costs, HBF features a management fee (MER) of 0.75%, compared to 0.4% for ZHC. Performance-wise, HBF has returned 8.36% year-to-date with +$36 M in net flows, whereas ZHC is at 15.87% 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
ZHC
| AuM | $570.30 M | $1.98 M |
| Management Fees | 0.75% | 0.40% |
| Exp. ratio | 0.91% | 0.40% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 14, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HBF | -1.22% | +0.71% | +8.36% | +12.41% | +46.87% |
ZHC | -2.51% | -0.01% | +15.87% | +21.45% | - | |
| Flows | HBF | +$2 M | +$11 M | +$36 M | +$37 M | +$73 M |
ZHC | +$0 M | +$0 M | +$0 M | +$0 M | - |
HBF vs ZHC exposure
Countries
HBF
USA
93.94%
ZHC
USA
98.48%
Sectors
HBF
Technology
35.36%
Consumer Non-Cyclicals
20.00%
Finance
19.42%
Other
25.22%
ZHC
Technology
35.24%
Finance
14.63%
Consumer Services
10.75%
Healthcare
9.12%
Industrials
8.56%
Other
21.70%
As of September 14, 2026
Top 10 Holdings
HBF
Amazon.com, Inc.
5.75%
Microsoft Corp.
5.68%
Oracle Corp.
5.32%
Alphabet, Inc.
5.14%
NVIDIA Corp.
5.03%
Shell Plc
5.02%
Broadcom Inc.
4.98%
Caterpillar, Inc.
4.96%
Morgan Stanley
4.92%
Wells Fargo & Co.
4.87%
ZHC
Apple, Inc.
8.94%
NVIDIA Corp.
8.90%
Alphabet, Inc.
7.50%
JPMorgan Chase & Co.
3.95%
Eli Lilly & Co.
3.54%
Verizon Communications, Inc.
3.42%
Booking Holdings, Inc.
3.36%
T-Mobile US, Inc.
3.36%
The Walt Disney Co.
2.97%
Amazon.com, Inc.
2.23%
Diversification
HBF
Total weight of top 10 holdings out of 25 total
51.66%
ZHC
Total weight of top 10 holdings out of 126 total
48.19%
Characteristics
Compare
HBF
ZHC
| 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 | 7.84% | 0.38% |
| Meets ESG criteria | No | Yes |
| Inception Date | July 24, 2014 | June 9, 2025 |
Frequently asked questions about HBF and ZHC
Which ETF has performed better year to date: HBF or ZHC?
As of September 14, 2026, HBF has returned 8.36% year to date, while ZHC has returned 15.87%. ZHC is ahead on YTD performance.
Which ETF is larger by assets under management: HBF or ZHC?
As of September 14, 2026, HBF manages $570.30 M in assets, while ZHC manages $1.98 M. HBF is the larger fund by AUM.
How are HBF and ZHC managed?
HBF is actively managed by Harvest Portfolios Group. It does not track an index. ZHC is actively managed by BMO. It does not track an index.
What sectors do HBF and ZHC emphasize?
HBF is most exposed to Technology, Consumer Non-Cyclicals, and Finance. ZHC is most exposed to Technology, Finance, and Consumer Services.
Which ETF is attracting more investor flows: HBF or ZHC?
Year to date, HBF has seen +$36.44 M in net flows, compared with +$0.00 M for ZHC. HBF has attracted more net investor money so far.
How do the fees of HBF and ZHC compare?
HBF has an expense ratio of 0.91%, while ZHC has an expense ratio of 0.40%.
What are the top holdings of HBF and ZHC?
HBF's largest holdings include Amazon.com, Inc., Microsoft Corp., and Oracle Corp.. ZHC's top holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc..
Which ETF is more diversified: HBF or ZHC?
HBF holds 25 securities, while ZHC holds 126. On holdings count, ZHC is the more diversified portfolio.
Recent articles about HBF and ZHC
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