VS
When evaluating costs, MGFI features a management fee (MER) of 0.6%, compared to 0.25% for ZEB. 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
MGFI
ZEB
| AuM | $18.96 M | $6,602.46 M |
| Management Fees | 0.60% | 0.25% |
| Exp. ratio | 0.60% | 0.28% |
| Tracking Difference | - | -0.51% |
Historical performance and flows
As of October 8, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MGFI | - | - | - | - | - |
ZEB | -4.66% | -4.74% | +24.24% | +40.03% | +155.69% | |
| Flows | MGFI | - | - | - | - | - |
ZEB | -$419 M | +$263 M | +$67 M | +$684 M | -$1,043 M |
MGFI vs ZEB exposure
Countries
MGFI
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
MGFI
Exposure data will be available soon
ZEB
Finance
100.00%
As of October 8, 2026
Top 10 Holdings
MGFI
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
MGFI
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
MGFI
ZEB
| Provider | Middlefield | 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 | - | 2.47% |
| Meets ESG criteria | No | No |
| Inception Date | October 1, 2026 | October 20, 2009 |
Frequently asked questions about MGFI and ZEB
Which ETF is larger by assets under management: MGFI or ZEB?
As of October 8, 2026, MGFI manages $18.96 M in assets, while ZEB manages $6.60 B. ZEB is the larger fund by AUM.
How are MGFI and ZEB managed?
MGFI is actively managed by Middlefield. It does not track an index. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
How do the fees of MGFI and ZEB compare?
MGFI has an expense ratio of 0.60%, while ZEB has an expense ratio of 0.28%.
Recent articles about MGFI and ZEB
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.