VS
Global X S&P 500 CAD Hedged Index Corporate Class ETF (HSH) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HSH focuses its top 3 sector exposures on Technology, Finance, and Healthcare, while ZEB leans towards Finance. When evaluating costs, HSH features a management fee (MER) of 0.11%, compared to 0.25% for ZEB. Performance-wise, HSH has returned 11.22% year-to-date with -$25 M in net flows, whereas ZEB is at 30.38% with +$444 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
HSH
ZEB
| AuM | $350.10 M | $7,334.93 M |
| Management Fees | 0.11% | 0.25% |
| Exp. ratio | 0.11% | 0.28% |
| Tracking Difference | -0.25% | -0.54% |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HSH | -0.97% | +0.49% | +11.22% | +18.22% | +67.82% |
ZEB | -1.81% | +8.90% | +30.38% | +54.61% | +157.36% | |
| Flows | HSH | +$0 M | -$2 M | -$25 M | -$26 M | -$50 M |
ZEB | +$396 M | +$1,654 M | +$444 M | +$651 M | -$319 M |
HSH vs ZEB exposure
Countries
HSH
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
HSH
Exposure data will be available soon
ZEB
Finance
100.00%
As of September 2, 2026
Top 10 Holdings
HSH
Exposure data will be available soon
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
HSH
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
HSH
ZEB
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | S&P 500 CAD Hedged TR Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Indirect | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Capitalization | Distributing |
| Trailing 12m distribution yield | 0.00% | 2.34% |
| Meets ESG criteria | No | No |
| Inception Date | September 19, 2016 | October 20, 2009 |
Frequently asked questions about HSH and ZEB
Which ETF has performed better year to date: HSH or ZEB?
As of September 2, 2026, HSH has returned 11.22% year to date, while ZEB has returned 30.38%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: HSH or ZEB?
As of September 2, 2026, HSH manages $350.10 M in assets, while ZEB manages $7.33 B. ZEB is the larger fund by AUM.
How are HSH and ZEB managed?
HSH is passively managed by Global X. It tracks the S&P 500 CAD Hedged TR Index - CAD benchmark. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do HSH and ZEB emphasize?
HSH is most exposed to Technology, Finance, and Healthcare. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: HSH or ZEB?
Year to date, HSH has seen -$24.57 M in net flows, compared with +$444.26 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of HSH and ZEB compare?
HSH has an expense ratio of 0.11%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of HSH and ZEB?
HSH's largest holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc.. ZEB's top holdings include Royal Bank of Canada, Bank of Montreal, and The Toronto-Dominion Bank.
Which ETF is more diversified: HSH or ZEB?
HSH holds 496 securities, while ZEB holds 6. On holdings count, HSH is the more diversified portfolio.
Recent articles about HSH and ZEB
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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.