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Compare Harvest Clean Energy ETF (HCLN) vs BMO Equal Weight Banks Index ETF (ZEB) to find the best fit for your portfolio. HCLN provides Utilities, Industrials, and Information Technology exposures, while ZEB is primarily weighted in Financials. When evaluating costs, HCLN features a management fee (MER) of 0.4%, compared to 0.25% for ZEB. Performance-wise, HCLN has returned 13.52% year-to-date with +$0 M in net flows, whereas ZEB is at 15.52% with -$1,017 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
HCLN
ZEB
| AuM | $22.15 M | $5,273.71 M |
| Management Fees | 0.40% | 0.25% |
| Exp. ratio | 0.69% | 0.28% |
| Tracking Difference | - | -0.67% |
Historical performance and flows
As of May 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HCLN | +4.83% | +6.25% | +13.52% | +49.95% | -3.31% |
ZEB | +4.94% | +12.72% | +15.52% | +63.06% | +122.25% | |
| Flows | HCLN | +$0 M | -$0 M | +$0 M | -$1 M | -$13 M |
ZEB | -$97 M | -$405 M | -$1,017 M | -$1,400 M | -$1,455 M |
HCLN vs ZEB exposure
Countries
HCLN
USA
25.20%
Other
12.10%
Spain
10.60%
Canada
8.40%
Denmark
7.50%
Germany
7.30%
Other
28.90%
ZEB
Canada
100.00%
Sectors
HCLN
Utilities
43.10%
Industrials
22.30%
Information Technology
16.20%
Other
14.20%
ZEB
Financials
100.00%
As of May 12, 2026
Top 10 Holdings
HCLN
VERBIO VEREINIGTE BIOENERGIE
4.20%
SOLAREDGE TECH/D
3.70%
BORALEX
3.60%
NORTHLAND POWER
3.10%
NORDEX
3.10%
SOLARIA ENERGIA Y MEDIO AMBIENTE
3.10%
VERBUND
2.80%
GRENERGY RENOVABLES
2.80%
PLUG POWER
2.60%
SCATEC ASA
2.60%
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
HCLN
Total weight of top 10 holdings out of 37 total
31.60%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
HCLN
ZEB
| Provider | Harvest Portfolios Group | 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 | 0.00% | 2.61% |
| Meets ESG criteria | Yes | No |
| Inception Date | January 14, 2021 | October 20, 2009 |
Frequently asked questions about HCLN and ZEB
Which ETF has performed better year to date: HCLN or ZEB?
As of May 12, 2026, HCLN has returned 13.52% year to date, while ZEB has returned 15.52%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: HCLN or ZEB?
As of May 12, 2026, HCLN manages $22.15 M in assets, while ZEB manages $5.27 B. ZEB is the larger fund by AUM.
How are HCLN and ZEB managed?
HCLN is actively managed by Harvest Portfolios Group. It does not track an index. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do HCLN and ZEB emphasize?
HCLN is most exposed to Utilities, Industrials, and Information Technology. ZEB is most exposed to Financials.
Which ETF is attracting more investor flows: HCLN or ZEB?
Year to date, HCLN has seen +$0.33 M in net flows, compared with -$1,017.47 M for ZEB. HCLN has attracted more net investor money so far.
How do the fees of HCLN and ZEB compare?
HCLN has an expense ratio of 0.69%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of HCLN and ZEB?
HCLN's largest holdings include VERBIO VEREINIGTE BIOENERGIE, SOLAREDGE TECH/D, and BORALEX. ZEB's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and BNS.
Which ETF is more diversified: HCLN or ZEB?
HCLN holds 37 securities, while ZEB holds 6. On holdings count, HCLN is the more diversified portfolio.
Recent articles about HCLN and ZEB
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