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Compare Global X S&P/TSX Capped Composite Index Corporate Class ETF (HXCN) vs BMO S&P/TSX Capped Composite Index ETF (ZCN) to find the best fit for your portfolio. HXCN and ZCN provide the same top sector exposures: Finance, Non-Energy Materials, and Energy. When evaluating costs, HXCN features a management fee (MER) of 0.05%, compared to 0.05% for ZCN. Performance-wise, HXCN has returned 16.43% year-to-date with +$280 M in net flows, whereas ZCN is at 14.04% with +$3 B. 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
HXCN
ZCN
| AuM | $2,674.55 M | $18,607.75 M |
| Management Fees | 0.05% | 0.05% |
| Exp. ratio | 0.05% | 0.06% |
| Tracking Difference | -0.31% | -0.09% |
Historical performance and flows
As of November 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HXCN | +2.45% | +1.97% | +16.43% | +24.46% | +98.51% |
ZCN | +0.18% | -0.25% | +14.04% | +19.92% | +93.84% | |
| Flows | HXCN | +$6 M | +$13 M | +$280 M | +$337 M | +$279 M |
ZCN | +$334 M | +$961 M | +$3,389 M | +$3,484 M | +$5,305 M |
HXCN vs ZCN exposure
Countries
HXCN
Canada
96.55%
ZCN
Canada
96.85%
Sectors
HXCN
Finance
41.17%
Non-Energy Materials
18.24%
Energy
16.19%
Industrials
8.03%
Other
16.38%
ZCN
Finance
41.35%
Non-Energy Materials
18.49%
Energy
16.07%
Industrials
8.04%
Other
16.06%
As of November 3, 2026
Top 10 Holdings
HXCN
Royal Bank of Canada
7.73%
The Toronto-Dominion Bank
5.48%
Shopify, Inc.
5.07%
Bank of Montreal
3.32%
The Bank of Nova Scotia
3.14%
Enbridge, Inc.
2.92%
Canadian Imperial Bank of Commerce
2.85%
Canadian Natural Resources Ltd.
2.75%
Agnico Eagle Mines Ltd.
2.63%
Suncor Energy, Inc.
2.25%
ZCN
Royal Bank of Canada
7.79%
The Toronto-Dominion Bank
5.50%
Shopify, Inc.
5.03%
Bank of Montreal
3.34%
The Bank of Nova Scotia
3.17%
Enbridge, Inc.
2.92%
Canadian Imperial Bank of Commerce
2.87%
Canadian Natural Resources Ltd.
2.73%
Agnico Eagle Mines Ltd.
2.65%
Suncor Energy, Inc.
2.22%
Diversification
HXCN
Total weight of top 10 holdings out of 216 total
38.13%
ZCN
Total weight of top 10 holdings out of 216 total
38.22%
Characteristics
Compare
HXCN
ZCN
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX Capped Composite Total Return Index - CAD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Capitalization | Distributing |
| Trailing 12m distribution yield | 0.00% | 2.03% |
| Meets ESG criteria | No | No |
| Inception Date | February 6, 2020 | May 29, 2009 |
Frequently asked questions about HXCN and ZCN
Which ETF has performed better year to date: HXCN or ZCN?
As of November 3, 2026, HXCN has returned 16.43% year to date, while ZCN has returned 14.04%. HXCN is ahead on YTD performance.
Which ETF is larger by assets under management: HXCN or ZCN?
As of November 3, 2026, HXCN manages $2.67 B in assets, while ZCN manages $18.61 B. ZCN is the larger fund by AUM.
How are HXCN and ZCN managed?
HXCN is passively managed by Global X. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark. ZCN is passively managed by BMO. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do HXCN and ZCN emphasize?
HXCN is most exposed to Finance, Non-Energy Materials, and Energy. ZCN is most exposed to Finance, Non-Energy Materials, and Energy.
Which ETF is attracting more investor flows: HXCN or ZCN?
Year to date, HXCN has seen +$280.45 M in net flows, compared with +$3,389.04 M for ZCN. ZCN has attracted more net investor money so far.
How do the fees of HXCN and ZCN compare?
HXCN has an expense ratio of 0.05%, while ZCN has an expense ratio of 0.06%.
What are the top holdings of HXCN and ZCN?
HXCN's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc.. ZCN's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: HXCN or ZCN?
HXCN holds 216 securities, while ZCN holds 216. On holdings count, HXCN is the more diversified portfolio.
Recent articles about HXCN and ZCN
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