VS
Accelerate Absolute Return Hedge Fund (HDGE) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HDGE focuses its top 3 sector exposures on Financials, Consumer Discretionary, and Consumer Staples, while ZEB leans towards Financials. When evaluating costs, HDGE features a management fee (MER) of 0%, compared to 0.25% for ZEB. Performance-wise, HDGE has returned 5% year-to-date with +$1 M in net flows, whereas ZEB is at 9.12% with -$921 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
HDGE
ZEB
| AuM | $43.72 M | $5,090.66 M |
| Management Fees | 0.00% | 0.25% |
| Exp. ratio | 3.95% | 0.28% |
| Tracking Difference | - | -0.60% |
Historical performance and flows
As of April 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HDGE | +4.71% | +5.22% | +5.00% | +14.80% | +35.77% |
ZEB | +5.79% | +7.56% | +9.12% | +73.47% | +111.05% | |
| Flows | HDGE | -$1 M | +$1 M | +$1 M | -$6 M | +$29 M |
ZEB | -$33 M | -$855 M | -$921 M | -$3,109 M | -$1,473 M |
HDGE vs ZEB exposure
Countries
HDGE
Australia
33.58%
USA
27.74%
Canada
19.95%
Other
9.27%
Other
9.46%
ZEB
Canada
100.00%
Sectors
HDGE
Other
37.37%
Financials
11.96%
Consumer Discretionary
10.07%
Consumer Staples
9.02%
Communication Services
8.61%
Other
22.98%
ZEB
Financials
100.00%
As of April 10, 2026
Top 10 Holdings
HDGE
AU000000IDR4
33.58%
INTERNATIONAL SEAWAYS
1.99%
TENET HEALTHCARE
1.98%
ENERFLEX
1.96%
ENDEAVOUR MINING
1.89%
HERBALIFE NUTRITION
1.87%
WESDOME GOLD MINES
1.81%
NEW YORK TIMES
1.80%
CENTERRA GOLD
1.77%
MILLICOM INTERNATIONAL CELLULAR
1.77%
ZEB
CDN IMPERIAL BK
17.54%
NATIONAL BANK OF CANADA
17.45%
TORONTO DOMINION
17.23%
BNS
16.23%
BANK OF MONTREAL
15.78%
ROYAL BK CANADA
15.77%
Diversification
HDGE
Total weight of top 10 holdings out of 124 total
50.43%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
HDGE
ZEB
| Provider | Accelerate Financial Technologies | 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 | 1.40% | 2.75% |
| Meets ESG criteria | No | No |
| Inception Date | May 10, 2019 | October 20, 2009 |
Frequently asked questions about HDGE and ZEB
Which ETF has performed better year to date: HDGE or ZEB?
As of April 10, 2026, HDGE has returned 5.00% year to date, while ZEB has returned 9.12%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: HDGE or ZEB?
As of April 10, 2026, HDGE manages $43.72 M in assets, while ZEB manages $5.09 B. ZEB is the larger fund by AUM.
How are HDGE and ZEB managed?
HDGE is actively managed by Accelerate Financial Technologies. 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 HDGE and ZEB emphasize?
HDGE is most exposed to Financials, Consumer Discretionary, and Consumer Staples. ZEB is most exposed to Financials.
Which ETF is attracting more investor flows: HDGE or ZEB?
Year to date, HDGE has seen +$0.71 M in net flows, compared with -$920.59 M for ZEB. HDGE has attracted more net investor money so far.
How do the fees of HDGE and ZEB compare?
HDGE has an expense ratio of 3.95%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of HDGE and ZEB?
HDGE's largest holdings include INTERNATIONAL SEAWAYS and TENET HEALTHCARE. ZEB's top holdings include CDN IMPERIAL BK, NATIONAL BANK OF CANADA, and TORONTO DOMINION.
Which ETF is more diversified: HDGE or ZEB?
HDGE holds 111 securities, while ZEB holds 6. On holdings count, HDGE is the more diversified portfolio.
Recent articles about HDGE and ZEB
Bank Stocks: An Undervalued Gem?
Bank stocks are poised for growth amid declining inflation and rate cuts.
Posted on 7/29/2024 by ETF Market Canada inBanks
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.