VS
When evaluating costs, HNU features a management fee (MER) of 1.34%, compared to 0.25% for ZEB. Performance-wise, HNU has returned 37% year-to-date with -$127 M in net flows, whereas ZEB is at 25.29% with -$1,134 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
HNU
ZEB
| AuM | $175.86 M | $5,581.28 M |
| Management Fees | 1.34% | 0.25% |
| Exp. ratio | 1.38% | 0.28% |
| Tracking Difference | - | -0.62% |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HNU | +1.96% | -32.65% | -37.00% | -66.65% | -92.83% |
ZEB | +8.46% | +23.65% | +25.29% | +67.84% | +147.83% | |
| Flows | HNU | -$45 M | +$56 M | -$127 M | +$29 M | -$18 M |
ZEB | -$103 M | -$237 M | -$1,134 M | -$935 M | -$1,914 M |
HNU vs ZEB exposure
Countries
HNU
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
HNU
Exposure data will be available soon
ZEB
Financials
100.00%
As of June 12, 2026
Top 10 Holdings
HNU
Exposure data will be available soon
ZEB
TORONTO DOMINION
17.02%
CDN IMPERIAL BK
16.89%
NATIONAL BANK OF CANADA
16.73%
ROYAL BK CANADA
16.71%
BNS
16.37%
BANK OF MONTREAL
16.28%
Diversification
HNU
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
HNU
ZEB
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Horizons Natural Gas Rolling Futures Index - USD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Commodity | Equity |
| Dividend Policy | Capitalization | Distributing |
| Trailing 12m distribution yield | 0.00% | 2.41% |
| Meets ESG criteria | No | No |
| Inception Date | January 15, 2008 | October 20, 2009 |
Frequently asked questions about HNU and ZEB
Which ETF has performed better year to date: HNU or ZEB?
As of June 12, 2026, HNU has returned -37.00% year to date, while ZEB has returned 25.29%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: HNU or ZEB?
As of June 12, 2026, HNU manages $175.86 M in assets, while ZEB manages $5.58 B. ZEB is the larger fund by AUM.
How are HNU and ZEB managed?
HNU is passively managed by Global X. It tracks the Horizons Natural Gas Rolling Futures Index - USD benchmark. 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: HNU or ZEB?
Year to date, HNU has seen -$126.55 M in net flows, compared with -$1,133.77 M for ZEB. HNU has attracted more net investor money so far.
How do the fees of HNU and ZEB compare?
HNU has an expense ratio of 1.38%, while ZEB has an expense ratio of 0.28%.
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