VS
When evaluating costs, SAFE features a management fee (MER) of 0.25%, compared to 0.25% for ZEB. Performance-wise, SAFE has returned 21.25% year-to-date with +$6 M in net flows, whereas ZEB is at 30.38% with +$444 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
SAFE
ZEB
| AuM | $13.30 M | $7,334.93 M |
| Management Fees | 0.25% | 0.25% |
| Exp. ratio | 0.16% | 0.28% |
| Tracking Difference | -0.40% | -0.54% |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SAFE | -3.72% | +9.58% | +21.25% | +39.22% | - |
ZEB | -1.81% | +8.90% | +30.38% | +54.61% | +157.36% | |
| Flows | SAFE | +$3 M | +$3 M | +$6 M | +$4 M | - |
ZEB | +$396 M | +$1,654 M | +$444 M | +$651 M | -$319 M |
SAFE vs ZEB exposure
Countries
SAFE
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
SAFE
Exposure data will be available soon
ZEB
Finance
100.00%
As of September 2, 2026
Top 10 Holdings
SAFE
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
SAFE
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
SAFE
ZEB
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Mirae Asset Equal Weight Canadian Insurance GTR Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.72% | 2.34% |
| Meets ESG criteria | No | No |
| Inception Date | November 7, 2024 | October 20, 2009 |
Frequently asked questions about SAFE and ZEB
Which ETF has performed better year to date: SAFE or ZEB?
As of September 2, 2026, SAFE has returned 21.25% year to date, while ZEB has returned 30.38%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: SAFE or ZEB?
As of September 2, 2026, SAFE manages $13.30 M in assets, while ZEB manages $7.33 B. ZEB is the larger fund by AUM.
How are SAFE and ZEB managed?
SAFE is passively managed by Global X. It tracks the Mirae Asset Equal Weight Canadian Insurance GTR Index - CAD benchmark. 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: SAFE or ZEB?
Year to date, SAFE has seen +$5.69 M in net flows, compared with +$444.26 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of SAFE and ZEB compare?
SAFE has an expense ratio of 0.16%, while ZEB has an expense ratio of 0.28%.
Recent articles about SAFE and ZEB
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