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Compare Global X Marijuana Life Sciences Index ETF (HMMJ) vs BMO Equal Weight Banks Index ETF (ZEB) to find the best fit for your portfolio. HMMJ provides Consumer Non-Cyclicals, Finance, and Healthcare exposures, while ZEB is primarily weighted in Finance. When evaluating costs, HMMJ features a management fee (MER) of 0.95%, compared to 0.25% for ZEB. Performance-wise, HMMJ has returned 4.58% year-to-date with -$2 M in net flows, whereas ZEB is at 30.13% with +$531 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
HMMJ
ZEB
| AuM | $42.13 M | $7,406.60 M |
| Management Fees | 0.95% | 0.25% |
| Exp. ratio | 1.00% | 0.28% |
| Tracking Difference | 6.91% | -0.54% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HMMJ | -1.90% | -0.70% | -4.58% | -16.05% | -32.74% |
ZEB | -2.08% | +5.04% | +30.13% | +49.59% | +159.17% | |
| Flows | HMMJ | -$1 M | -$1 M | -$2 M | -$4 M | -$32 M |
ZEB | +$277 M | +$1,632 M | +$531 M | +$1,038 M | -$434 M |
HMMJ vs ZEB exposure
Countries
HMMJ
Canada
43.77%
USA
28.25%
Other
16.66%
Ireland
11.32%
ZEB
Canada
100.00%
Sectors
HMMJ
Consumer Non-Cyclicals
38.36%
Other
16.66%
Finance
15.92%
Healthcare
15.69%
Consumer Cyclicals
8.07%
ZEB
Finance
100.00%
As of September 11, 2026
Top 10 Holdings
HMMJ
Jazz Pharmaceuticals Plc
11.32%
Cronos Group, Inc.
10.76%
Innovative Industrial Properties, Inc.
10.03%
Canopy Growth Corp.
9.48%
SNDL, Inc.
8.89%
Chicago Atlantic BDC, Inc.
5.89%
High Tide, Inc.
5.41%
Scotts Miracle-Gro Co.
5.30%
Aurora Cannabis, Inc.
5.21%
Corbus Pharmaceuticals Holdings, Inc.
4.37%
ZEB
Royal Bank of Canada
17.39%
Bank of Montreal
17.03%
The Toronto-Dominion Bank
16.96%
The Bank of Nova Scotia
16.51%
Canadian Imperial Bank of Commerce
16.09%
National Bank of Canada
16.03%
Diversification
HMMJ
Total weight of top 10 holdings out of 13 total
76.66%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
HMMJ
ZEB
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | North American Marijuana Total Return 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 | 1.39% | 2.35% |
| Meets ESG criteria | No | No |
| Inception Date | June 16, 2017 | October 20, 2009 |
Frequently asked questions about HMMJ and ZEB
Which ETF has performed better year to date: HMMJ or ZEB?
As of September 11, 2026, HMMJ has returned -4.58% year to date, while ZEB has returned 30.13%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: HMMJ or ZEB?
As of September 11, 2026, HMMJ manages $42.13 M in assets, while ZEB manages $7.41 B. ZEB is the larger fund by AUM.
How are HMMJ and ZEB managed?
HMMJ is passively managed by Global X. It tracks the North American Marijuana Total Return Index - CAD benchmark. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do HMMJ and ZEB emphasize?
HMMJ is most exposed to Consumer Non-Cyclicals, Finance, and Healthcare. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: HMMJ or ZEB?
Year to date, HMMJ has seen -$2.36 M in net flows, compared with +$530.61 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of HMMJ and ZEB compare?
HMMJ has an expense ratio of 1.00%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of HMMJ and ZEB?
HMMJ's largest holdings include Jazz Pharmaceuticals Plc, Cronos Group, Inc., and Innovative Industrial Properties, Inc.. ZEB's top holdings include Royal Bank of Canada, Bank of Montreal, and The Toronto-Dominion Bank.
Which ETF is more diversified: HMMJ or ZEB?
HMMJ holds 13 securities, while ZEB holds 6. On holdings count, HMMJ is the more diversified portfolio.
Recent articles about HMMJ and ZEB
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