VS
When evaluating costs, PBD features a management fee (MER) of 0.45%, compared to 0.25% for ZEB. Performance-wise, PBD has returned 0.75% year-to-date with +$1 M in net flows, whereas ZEB is at 35.79% with +$267 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
PBD
ZEB
| AuM | $14.69 M | $7,493.90 M |
| Management Fees | 0.45% | 0.25% |
| Exp. ratio | 0.92% | 0.28% |
| Tracking Difference | - | -0.65% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PBD | -0.19% | +0.14% | +0.75% | +2.02% | +14.36% |
ZEB | +6.04% | +19.90% | +35.79% | +71.33% | +157.89% | |
| Flows | PBD | +$0 M | +$0 M | +$1 M | +$0 M | +$0 M |
ZEB | +$1,233 M | +$1,278 M | +$267 M | +$768 M | -$484 M |
PBD vs ZEB exposure
Countries
PBD
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
PBD
Exposure data will be available soon
ZEB
Finance
100.00%
As of July 17, 2026
Top 10 Holdings
PBD
Exposure data will be available soon
ZEB
The Toronto-Dominion Bank
17.52%
Royal Bank of Canada
17.09%
Bank of Montreal
16.85%
The Bank of Nova Scotia
16.38%
Canadian Imperial Bank of Commerce
16.27%
National Bank of Canada
15.89%
Diversification
PBD
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
PBD
ZEB
| Provider | Purpose 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 | 3.98% | 2.23% |
| Meets ESG criteria | No | No |
| Inception Date | September 4, 2013 | October 20, 2009 |
Frequently asked questions about PBD and ZEB
Which ETF has performed better year to date: PBD or ZEB?
As of July 17, 2026, PBD has returned 0.75% year to date, while ZEB has returned 35.79%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: PBD or ZEB?
As of July 17, 2026, PBD manages $14.69 M in assets, while ZEB manages $7.49 B. ZEB is the larger fund by AUM.
How are PBD and ZEB managed?
PBD is actively managed by Purpose 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: PBD or ZEB?
Year to date, PBD has seen +$0.82 M in net flows, compared with +$266.52 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of PBD and ZEB compare?
PBD has an expense ratio of 0.92%, while ZEB has an expense ratio of 0.28%.
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