VS
When evaluating costs, MGEQ features a management fee (MER) of 0.72%, compared to 0.25% for ZEB. Performance-wise, MGEQ has returned 7.79% year-to-date with +$0 M in net flows, whereas ZEB is at 23.88% with -$1,116 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
MGEQ
ZEB
| AuM | $1.34 M | $5,536.30 M |
| Management Fees | 0.72% | 0.25% |
| Exp. ratio | 0.72% | 0.28% |
| Tracking Difference | - | -0.62% |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MGEQ | +3.66% | +10.10% | +7.79% | - | - |
ZEB | +7.80% | +20.31% | +23.88% | +66.43% | +145.04% | |
| Flows | MGEQ | +$0 M | +$0 M | +$0 M | - | - |
ZEB | -$85 M | -$309 M | -$1,116 M | -$946 M | -$1,896 M |
MGEQ vs ZEB exposure
Countries
MGEQ
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
MGEQ
Exposure data will be available soon
ZEB
Financials
100.00%
As of June 11, 2026
Top 10 Holdings
MGEQ
Exposure data will be available soon
ZEB
TORONTO DOMINION
17.02%
CDN IMPERIAL BK
16.89%
NATIONAL BANK OF CANADA
16.73%
ROYAL BK CANADA
16.71%
BNS
16.37%
BANK OF MONTREAL
16.28%
Diversification
MGEQ
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
MGEQ
ZEB
| Provider | Manulife Investments | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.44% |
| Meets ESG criteria | No | No |
| Inception Date | October 15, 2025 | October 20, 2009 |
Frequently asked questions about MGEQ and ZEB
Which ETF has performed better year to date: MGEQ or ZEB?
As of June 11, 2026, MGEQ has returned 7.79% year to date, while ZEB has returned 23.88%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: MGEQ or ZEB?
As of June 11, 2026, MGEQ manages $1.34 M in assets, while ZEB manages $5.54 B. ZEB is the larger fund by AUM.
How are MGEQ and ZEB managed?
MGEQ is actively managed by Manulife Investments. 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: MGEQ or ZEB?
Year to date, MGEQ has seen +$0.00 M in net flows, compared with -$1,115.72 M for ZEB. MGEQ has attracted more net investor money so far.
How do the fees of MGEQ and ZEB compare?
MGEQ has an expense ratio of 0.72%, while ZEB has an expense ratio of 0.28%.
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