VS
When evaluating costs, NMMO features a management fee (MER) of 0.3%, 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
NMMO
ZEB
| AuM | $1.03 M | $7,427.67 M |
| Management Fees | 0.30% | 0.25% |
| Exp. ratio | 0.30% | 0.28% |
| Tracking Difference | - | -0.54% |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | NMMO | -0.79% | +0.39% | - | - | - |
ZEB | -0.32% | +11.06% | +32.36% | +55.47% | +161.28% | |
| Flows | NMMO | +$0 M | +$0 M | - | - | - |
ZEB | +$377 M | +$1,600 M | +$425 M | +$761 M | -$338 M |
NMMO vs ZEB exposure
Countries
NMMO
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
NMMO
Exposure data will be available soon
ZEB
Finance
100.00%
As of September 3, 2026
Top 10 Holdings
NMMO
Exposure data will be available soon
ZEB
Royal Bank of Canada
17.39%
Bank of Montreal
17.03%
The Toronto-Dominion Bank
16.96%
The Bank of Nova Scotia
16.51%
Canadian Imperial Bank of Commerce
16.09%
National Bank of Canada
16.03%
Diversification
NMMO
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
NMMO
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 | Equity, Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.31% |
| Meets ESG criteria | No | No |
| Inception Date | May 12, 2026 | October 20, 2009 |
Frequently asked questions about NMMO and ZEB
Which ETF is larger by assets under management: NMMO or ZEB?
As of September 3, 2026, NMMO manages $1.03 M in assets, while ZEB manages $7.43 B. ZEB is the larger fund by AUM.
How are NMMO and ZEB managed?
NMMO 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.
How do the fees of NMMO and ZEB compare?
NMMO has an expense ratio of 0.30%, while ZEB has an expense ratio of 0.28%.
Recent articles about NMMO and ZEB
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