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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 64.6% year-to-date with +$15 M in net flows, whereas ZEB is at 34.53% with +$1 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
HXE
ZEB
| AuM | $163.00 M | $8,302.36 M |
| Management Fees | 0.28% | 0.25% |
| Exp. ratio | 0.27% | 0.28% |
| Tracking Difference | -0.73% | -0.51% |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HXE | +11.42% | +14.39% | +64.60% | +74.38% | +103.08% |
ZEB | +3.45% | +3.08% | +34.53% | +48.50% | +189.18% | |
| Flows | HXE | +$0 M | +$0 M | +$15 M | +$15 M | -$10 M |
ZEB | +$411 M | +$1,260 M | +$1,217 M | +$2,007 M | -$4 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 October 29, 2026
Top 10 Holdings
HXE
Exposure data will be available soon
ZEB
The Bank of Nova Scotia
17.14%
The Toronto-Dominion Bank
16.99%
Bank of Montreal
16.79%
Canadian Imperial Bank of Commerce
16.49%
Royal Bank of Canada
16.45%
National Bank of Canada
16.14%
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
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX Capped Energy Total Return 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% | 2.48% |
| Meets ESG criteria | No | No |
| Inception Date | September 16, 2013 | October 20, 2009 |
Frequently asked questions about HXE and ZEB
Which ETF has performed better year to date: HXE or ZEB?
As of October 29, 2026, HXE has returned 64.60% year to date, while ZEB has returned 34.53%. HXE is ahead on YTD performance.
Which ETF is larger by assets under management: HXE or ZEB?
As of October 29, 2026, HXE manages $163.00 M in assets, while ZEB manages $8.30 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 +$15.20 M in net flows, compared with +$1,217.30 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 The Bank of Nova Scotia, The Toronto-Dominion Bank, and Bank of Montreal.
Which ETF is more diversified: HXE or ZEB?
HXE holds 26 securities, while ZEB holds 6. On holdings count, HXE is the more diversified portfolio.
Recent articles about HXE and ZEB
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