VS
When evaluating costs, HHL features a management fee (MER) of 0.85%, compared to 0.25% for ZEB. Performance-wise, HHL has returned 2.6% year-to-date with +$346 M in net flows, whereas ZEB is at 35.79% with +$267 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
HHL
ZEB
| AuM | $1,812.13 M | $7,493.90 M |
| Management Fees | 0.85% | 0.25% |
| Exp. ratio | 0.98% | 0.28% |
| Tracking Difference | - | -0.65% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HHL | +5.76% | +1.73% | -2.60% | +11.51% | +19.14% |
ZEB | +6.04% | +19.90% | +35.79% | +71.33% | +157.89% | |
| Flows | HHL | +$30 M | +$164 M | +$346 M | +$430 M | +$697 M |
ZEB | +$1,233 M | +$1,278 M | +$267 M | +$768 M | -$484 M |
HHL vs ZEB exposure
Countries
HHL
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
HHL
Exposure data will be available soon
ZEB
Finance
100.00%
As of July 17, 2026
Top 10 Holdings
HHL
Exposure data will be available soon
ZEB
The Toronto-Dominion Bank
17.52%
Royal Bank of Canada
17.09%
Bank of Montreal
16.85%
The Bank of Nova Scotia
16.38%
Canadian Imperial Bank of Commerce
16.27%
National Bank of Canada
15.89%
Diversification
HHL
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
HHL
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 | 10.09% | 2.23% |
| Meets ESG criteria | No | No |
| Inception Date | December 18, 2014 | October 20, 2009 |
Frequently asked questions about HHL and ZEB
Which ETF has performed better year to date: HHL or ZEB?
As of July 17, 2026, HHL has returned -2.60% year to date, while ZEB has returned 35.79%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: HHL or ZEB?
As of July 17, 2026, HHL manages $1.81 B in assets, while ZEB manages $7.49 B. ZEB is the larger fund by AUM.
How are HHL and ZEB managed?
HHL 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.
Which ETF is attracting more investor flows: HHL or ZEB?
Year to date, HHL has seen +$346.04 M in net flows, compared with +$266.52 M for ZEB. HHL has attracted more net investor money so far.
How do the fees of HHL and ZEB compare?
HHL has an expense ratio of 0.98%, while ZEB has an expense ratio of 0.28%.
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