VS
When evaluating costs, IWEB features a management fee (MER) of 0.4%, compared to 0.25% for ZEB. Performance-wise, IWEB has returned 0.99% year-to-date with -$0 M in net flows, whereas ZEB is at 32.65% with +$209 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
IWEB
ZEB
| AuM | $1.12 M | $7,263.42 M |
| Management Fees | 0.40% | 0.25% |
| Exp. ratio | 0.61% | 0.28% |
| Tracking Difference | - | -0.65% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | IWEB | -0.40% | +0.09% | +0.99% | +3.78% | - |
ZEB | +1.98% | +16.51% | +32.65% | +67.24% | +148.29% | |
| Flows | IWEB | -$0 M | -$0 M | -$0 M | +$0 M | - |
ZEB | +$972 M | +$1,234 M | +$209 M | +$894 M | -$431 M |
IWEB vs ZEB exposure
Countries
IWEB
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
IWEB
Exposure data will be available soon
ZEB
Finance
100.00%
As of July 20, 2026
Top 10 Holdings
IWEB
Exposure data will be available soon
ZEB
The Toronto-Dominion Bank
17.42%
Royal Bank of Canada
17.32%
Bank of Montreal
17.15%
The Bank of Nova Scotia
16.61%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.70%
Diversification
IWEB
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
IWEB
ZEB
| Provider | IA Clarington | 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 | 3.95% | 2.29% |
| Meets ESG criteria | No | No |
| Inception Date | October 25, 2023 | October 20, 2009 |
Frequently asked questions about IWEB and ZEB
Which ETF has performed better year to date: IWEB or ZEB?
As of July 20, 2026, IWEB has returned 0.99% year to date, while ZEB has returned 32.65%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: IWEB or ZEB?
As of July 20, 2026, IWEB manages $1.12 M in assets, while ZEB manages $7.26 B. ZEB is the larger fund by AUM.
How are IWEB and ZEB managed?
IWEB is actively managed by IA Clarington. 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: IWEB or ZEB?
Year to date, IWEB has seen -$0.38 M in net flows, compared with +$209.29 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of IWEB and ZEB compare?
IWEB has an expense ratio of 0.61%, while ZEB has an expense ratio of 0.28%.
Recent articles about IWEB and ZEB
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