VS
When evaluating costs, MTBB features a management fee (MER) of 0.2%, compared to 0.25% for ZEB. Performance-wise, MTBB has returned 0.13% year-to-date with +$0 M in net flows, whereas ZEB is at 29.29% with +$114 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
MTBB
ZEB
| AuM | $4.95 M | $6,918.89 M |
| Management Fees | 0.20% | 0.25% |
| Exp. ratio | 0.20% | 0.28% |
| Tracking Difference | - | -0.51% |
Historical performance and flows
As of October 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MTBB | +0.12% | -0.81% | -0.13% | -0.09% | - |
ZEB | -0.38% | -5.07% | +29.29% | +45.06% | +164.94% | |
| Flows | MTBB | +$0 M | +$0 M | +$0 M | +$0 M | - |
ZEB | -$450 M | -$94 M | +$114 M | +$753 M | -$879 M |
MTBB vs ZEB exposure
Countries
MTBB
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
MTBB
Exposure data will be available soon
ZEB
Finance
100.00%
As of October 15, 2026
Top 10 Holdings
MTBB
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
MTBB
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
MTBB
ZEB
| Provider | Mackenzie Investments | 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 | 3.05% | 2.38% |
| Meets ESG criteria | No | No |
| Inception Date | April 10, 2025 | October 20, 2009 |
Frequently asked questions about MTBB and ZEB
Which ETF has performed better year to date: MTBB or ZEB?
As of October 15, 2026, MTBB has returned -0.13% year to date, while ZEB has returned 29.29%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: MTBB or ZEB?
As of October 15, 2026, MTBB manages $4.95 M in assets, while ZEB manages $6.92 B. ZEB is the larger fund by AUM.
How are MTBB and ZEB managed?
MTBB is actively managed by Mackenzie 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: MTBB or ZEB?
Year to date, MTBB has seen +$0.00 M in net flows, compared with +$114.06 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of MTBB and ZEB compare?
MTBB has an expense ratio of 0.20%, while ZEB has an expense ratio of 0.28%.
Recent articles about MTBB and ZEB
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