HXE
Global X S&P/TSX Capped Energy Index Corporate Class ETF

Full HXE fund page
VS
ZEB
BMO Equal Weight Banks Index ETF

Full ZEB fund page

Compare Global X S&P/TSX Capped Energy Index Corporate Class ETF (HXE) vs BMO Equal Weight Banks Index ETF (ZEB) to find the best fit for your portfolio. HXE provides Energy, Finance, and Non-Energy Materials exposures, while ZEB is primarily weighted in Finance. When evaluating costs, HXE features a management fee (MER) of 0.28%, compared to 0.25% for ZEB. Performance-wise, HXE has returned 52.29% year-to-date with +$15 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

-4.0-2.00.02.04.06.08.0%Aug 11Aug 18Aug 25Sep 1Sep 9

Key Data

Historical performance and flows

As of September 11, 2026
1M3MYTD1Y3Y
Perf.
HXE
+6.20%+9.25%+52.29%+64.65%+89.64%
ZEB
-2.08%+5.04%+30.13%+49.59%+159.17%
Flows
HXE
+$0 M+$0 M+$15 M-$76 M-$10 M
ZEB
+$277 M+$1,632 M+$531 M+$1,038 M-$434 M

HXE vs ZEB exposure

Countries

HXE
Exposure data will be available soon
ZEB
Canada
100.00%

Sectors

HXE
Exposure data will be available soon
ZEB
Finance
100.00%
As of September 11, 2026

Top 10 Holdings

HXE
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

HXE
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%

Characteristics

Compare
HXE
ZEB
ProviderGlobal XBMO
ManagementPassively managedPassively managed
BenchmarkS&P/TSX Capped Energy Total Return Index - CADSolactive Equal Weight Canada Banks GTR Index - CAD
Replication MethodIndirectDirect (Physical)
Asset ClassEquityEquity
Dividend PolicyCapitalizationDistributing
Trailing 12m distribution yield0.00%2.35%
Meets ESG criteriaNoNo
Inception DateSeptember 16, 2013October 20, 2009

Frequently asked questions about HXE and ZEB

Which ETF has performed better year to date: HXE or ZEB?
As of September 11, 2026, HXE has returned 52.29% year to date, while ZEB has returned 30.13%. HXE is ahead on YTD performance.
Which ETF is larger by assets under management: HXE or ZEB?
As of September 11, 2026, HXE manages $150.75 M in assets, while ZEB manages $7.41 B. ZEB is the larger fund by AUM.
How are HXE and ZEB managed?
HXE is passively managed by Global X. It tracks the S&P/TSX Capped Energy 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 HXE and ZEB emphasize?
HXE is most exposed to Energy, Finance, and Non-Energy Materials. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: HXE or ZEB?
Year to date, HXE has seen +$15.13 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 HXE and ZEB compare?
HXE has an expense ratio of 0.27%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of HXE and ZEB?
HXE's largest holdings include Suncor Energy, Inc., Canadian Natural Resources Ltd., and Cenovus Energy, Inc.. ZEB's top holdings include Royal Bank of Canada, Bank of Montreal, and The Toronto-Dominion Bank.
Which ETF is more diversified: HXE or ZEB?
HXE holds 27 securities, while ZEB holds 6. On holdings count, HXE is the more diversified portfolio.

Recent articles about HXE and ZEB

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