VS
When evaluating costs, ICGB features a management fee (MER) of 0.55%, compared to 0.25% for ZEB. Performance-wise, ICGB has returned 4.85% year-to-date with -$17 M in net flows, whereas ZEB is at 28.36% with +$125 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
ICGB
ZEB
| AuM | $140.14 M | $6,880.39 M |
| Management Fees | 0.55% | 0.25% |
| Exp. ratio | 0.62% | 0.28% |
| Tracking Difference | - | -0.51% |
Historical performance and flows
As of October 19, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ICGB | -1.18% | -2.65% | -4.85% | -5.95% | - |
ZEB | -3.81% | -3.23% | +28.36% | +43.11% | +169.08% | |
| Flows | ICGB | -$0 M | -$1 M | -$17 M | -$21 M | - |
ZEB | -$473 M | -$141 M | +$125 M | +$824 M | -$825 M |
ICGB vs ZEB exposure
Countries
ICGB
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
ICGB
Exposure data will be available soon
ZEB
Finance
100.00%
As of October 19, 2026
Top 10 Holdings
ICGB
Exposure data will be available soon
ZEB
The Bank of Nova Scotia
17.59%
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.16%
Bank of Montreal
16.64%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.42%
Diversification
ICGB
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
ICGB
ZEB
| Provider | Invesco | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 2.39% |
| Meets ESG criteria | No | No |
| Inception Date | August 15, 2024 | October 20, 2009 |
Frequently asked questions about ICGB and ZEB
Which ETF has performed better year to date: ICGB or ZEB?
As of October 19, 2026, ICGB has returned -4.85% year to date, while ZEB has returned 28.36%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: ICGB or ZEB?
As of October 19, 2026, ICGB manages $140.14 M in assets, while ZEB manages $6.88 B. ZEB is the larger fund by AUM.
How are ICGB and ZEB managed?
ICGB is actively managed by Invesco. It does not track an index. 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: ICGB or ZEB?
Year to date, ICGB has seen -$16.69 M in net flows, compared with +$125.08 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of ICGB and ZEB compare?
ICGB has an expense ratio of 0.62%, while ZEB has an expense ratio of 0.28%.
Recent articles about ICGB and ZEB
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