VS
When evaluating costs, NHYB features a management fee (MER) of 0.69%, compared to 0.25% for ZEB. Performance-wise, NHYB has returned 0.93% year-to-date with +$82 M in net flows, whereas ZEB is at 15.03% with -$1,114 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
NHYB
ZEB
| AuM | $1,448.02 M | $5,154.86 M |
| Management Fees | 0.69% | 0.25% |
| Exp. ratio | 0.68% | 0.28% |
| Tracking Difference | - | -0.67% |
Historical performance and flows
As of May 7, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | NHYB | +0.62% | -0.89% | -0.93% | +0.64% | +7.11% |
ZEB | +9.65% | +10.03% | +15.03% | +65.52% | +121.30% | |
| Flows | NHYB | +$13 M | +$55 M | +$82 M | +$232 M | +$244 M |
ZEB | -$391 M | -$648 M | -$1,114 M | -$1,641 M | -$1,550 M |
NHYB vs ZEB exposure
Countries
NHYB
USA
80.00%
Other
20.00%
ZEB
Canada
100.00%
Sectors
NHYB
Other
100.00%
ZEB
Financials
100.00%
As of May 7, 2026
Top 10 Holdings
NHYB
US698ESCAA82
80.00%
ZEB
ROYAL BK CANADA
17.14%
TORONTO DOMINION
17.02%
BNS
16.62%
BANK OF MONTREAL
16.48%
CDN IMPERIAL BK
16.40%
NATIONAL BANK OF CANADA
16.33%
Diversification
NHYB
Total weight of top 10 holdings out of 1 total
80.00%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
NHYB
ZEB
| Provider | National Bank 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 | 0.00% | 2.62% |
| Meets ESG criteria | No | No |
| Inception Date | March 4, 2020 | October 20, 2009 |
Frequently asked questions about NHYB and ZEB
Which ETF has performed better year to date: NHYB or ZEB?
As of May 7, 2026, NHYB has returned -0.93% year to date, while ZEB has returned 15.03%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: NHYB or ZEB?
As of May 7, 2026, NHYB manages $1.45 B in assets, while ZEB manages $5.15 B. ZEB is the larger fund by AUM.
How are NHYB and ZEB managed?
NHYB is actively managed by National Bank 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: NHYB or ZEB?
Year to date, NHYB has seen +$82.07 M in net flows, compared with -$1,113.95 M for ZEB. NHYB has attracted more net investor money so far.
How do the fees of NHYB and ZEB compare?
NHYB has an expense ratio of 0.68%, while ZEB has an expense ratio of 0.28%.
Which ETF is more diversified: NHYB or ZEB?
NHYB holds 1 securities, while ZEB holds 6. On holdings count, ZEB is the more diversified portfolio.
Recent articles about NHYB and ZEB
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