VS
Compare Hamilton Canadian Bank Mean Reversion Index ETF (HCA) vs BMO Equal Weight Banks Index ETF (ZEB) to find the best fit for your portfolio. HCA and ZEB provide the same top sector exposures: Financials. When evaluating costs, HCA features a management fee (MER) of 0.29%, compared to 0.25% for ZEB. Performance-wise, HCA has returned 13.19% year-to-date with -$1 M in net flows, whereas ZEB is at 12.82% with -$917 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
HCA
ZEB
| AuM | $92.39 M | $5,266.41 M |
| Management Fees | 0.29% | 0.25% |
| Exp. ratio | 0.45% | 0.28% |
| Tracking Difference | -0.99% | -0.60% |
Historical performance and flows
As of April 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HCA | +11.26% | +13.02% | +13.19% | +67.88% | +111.18% |
ZEB | +11.34% | +12.03% | +12.82% | +67.83% | +114.74% | |
| Flows | HCA | +$0 M | +$0 M | -$1 M | -$6 M | -$40 M |
ZEB | -$186 M | -$913 M | -$917 M | -$2,240 M | -$1,205 M |
HCA vs ZEB exposure
Countries
HCA
Canada
100.10%
ZEB
Canada
100.00%
Sectors
HCA
Financials
100.10%
ZEB
Financials
100.00%
As of April 24, 2026
Top 10 Holdings
HCA
NATIONAL BANK OF CANADA
28.60%
BANK OF MONTREAL
26.20%
ROYAL BK CANADA
25.70%
CDN IMPERIAL BK
6.80%
TORONTO DOMINION
6.60%
BNS
6.20%
ZEB
ROYAL BK CANADA
17.14%
TORONTO DOMINION
17.02%
BNS
16.62%
BANK OF MONTREAL
16.48%
CDN IMPERIAL BK
16.40%
NATIONAL BANK OF CANADA
16.33%
Diversification
HCA
Total weight of top 10 holdings out of 6 total
100.10%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
HCA
ZEB
| Provider | Hamilton ETFs | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Canadian Bank Mean Reversion GTR Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.07% | 2.66% |
| Meets ESG criteria | No | No |
| Inception Date | June 29, 2020 | October 20, 2009 |
Frequently asked questions about HCA and ZEB
Which ETF has performed better year to date: HCA or ZEB?
As of April 24, 2026, HCA has returned 13.19% year to date, while ZEB has returned 12.82%. HCA is ahead on YTD performance.
Which ETF is larger by assets under management: HCA or ZEB?
As of April 24, 2026, HCA manages $92.39 M in assets, while ZEB manages $5.27 B. ZEB is the larger fund by AUM.
How are HCA and ZEB managed?
HCA is passively managed by Hamilton ETFs. It tracks the Solactive Canadian Bank Mean Reversion GTR Index - CAD benchmark. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do HCA and ZEB emphasize?
HCA is most exposed to Financials. ZEB is most exposed to Financials.
Which ETF is attracting more investor flows: HCA or ZEB?
Year to date, HCA has seen -$0.71 M in net flows, compared with -$917.23 M for ZEB. HCA has attracted more net investor money so far.
How do the fees of HCA and ZEB compare?
HCA has an expense ratio of 0.45%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of HCA and ZEB?
HCA's largest holdings include NATIONAL BANK OF CANADA, BANK OF MONTREAL, and ROYAL BK CANADA. ZEB's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and BNS.
Which ETF is more diversified: HCA or ZEB?
HCA holds 6 securities, while ZEB holds 6. On holdings count, HCA is the more diversified portfolio.
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