VS
AGF Systematic Global Infrastructure ETF (QIF) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that QIF focuses its top 3 sector exposures on Utilities, Industrials, and Energy, while ZEB leans towards Finance. When evaluating costs, QIF features a management fee (MER) of 0.45%, compared to 0.25% for ZEB. Performance-wise, QIF has returned 9.68% year-to-date with -$7 M in net flows, whereas ZEB is at 32.05% with +$1 B. 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
QIF
ZEB
| AuM | $144.05 M | $7,964.98 M |
| Management Fees | 0.45% | 0.25% |
| Exp. ratio | 0.45% | 0.28% |
| Tracking Difference | - | -3.27% |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QIF | +4.21% | -1.77% | +9.68% | +6.78% | +62.90% |
ZEB | +2.92% | -0.49% | +32.05% | +45.52% | +183.86% | |
| Flows | QIF | +$1 M | +$3 M | -$7 M | -$3 M | -$130 M |
ZEB | +$253 M | +$1,000 M | +$1,033 M | +$1,756 M | -$188 M |
QIF vs ZEB exposure
Countries
QIF
USA
51.67%
Spain
12.04%
Canada
8.77%
Other
27.52%
ZEB
Canada
100.00%
Sectors
QIF
Utilities
44.22%
Industrials
20.59%
Energy
19.39%
Other
15.81%
ZEB
Finance
100.00%
As of October 29, 2026
Top 10 Holdings
QIF
Iberdrola SA
5.45%
Enbridge, Inc.
4.83%
Aena S.M.E. SA
4.55%
NextEra Energy, Inc.
3.19%
Constellation Energy Corp.
2.50%
Kinder Morgan, Inc.
2.44%
TC Energy Corp.
2.41%
Duke Energy Corp.
2.36%
Entergy Corp.
2.21%
Microsoft Corp.
2.17%
ZEB
The Bank of Nova Scotia
17.14%
The Toronto-Dominion Bank
16.99%
Bank of Montreal
16.79%
Canadian Imperial Bank of Commerce
16.49%
Royal Bank of Canada
16.45%
National Bank of Canada
16.14%
Diversification
QIF
Total weight of top 10 holdings out of 87 total
32.10%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
QIF
ZEB
| Provider | AGF | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.82% | 2.34% |
| Meets ESG criteria | No | No |
| Inception Date | February 12, 2018 | October 20, 2009 |
Frequently asked questions about QIF and ZEB
Which ETF has performed better year to date: QIF or ZEB?
As of October 29, 2026, QIF has returned 9.68% year to date, while ZEB has returned 32.05%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: QIF or ZEB?
As of October 29, 2026, QIF manages $144.05 M in assets, while ZEB manages $7.96 B. ZEB is the larger fund by AUM.
How are QIF and ZEB managed?
QIF is actively managed by AGF. It does not track an index. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do QIF and ZEB emphasize?
QIF is most exposed to Utilities, Industrials, and Energy. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: QIF or ZEB?
Year to date, QIF has seen -$6.82 M in net flows, compared with +$1,032.65 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of QIF and ZEB compare?
QIF has an expense ratio of 0.45%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of QIF and ZEB?
QIF's largest holdings include Iberdrola SA, Enbridge, Inc., and Aena S.M.E. SA. ZEB's top holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Bank of Montreal.
Which ETF is more diversified: QIF or ZEB?
QIF holds 87 securities, while ZEB holds 6. On holdings count, QIF is the more diversified portfolio.
Recent articles about QIF and ZEB
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