VS
Global X Silver Miners Index ETF (SLVX) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that SLVX focuses its top 3 sector exposures on Materials, while ZEB leans towards Financials. When evaluating costs, SLVX features a management fee (MER) of 0.5%, 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
SLVX
ZEB
| AuM | $3.80 M | $5,086.20 M |
| Management Fees | 0.50% | 0.25% |
| Exp. ratio | 0.50% | 0.28% |
| Tracking Difference | - | -0.67% |
Historical performance and flows
As of May 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SLVX | - | - | - | - | - |
ZEB | +3.41% | +12.18% | +15.74% | +60.00% | +120.62% | |
| Flows | SLVX | - | - | - | - | - |
ZEB | -$436 M | -$670 M | -$1,214 M | -$1,461 M | -$1,626 M |
SLVX vs ZEB exposure
Countries
SLVX
Canada
64.93%
USA
18.07%
Other
17.00%
ZEB
Canada
100.00%
Sectors
SLVX
Materials
84.48%
Other
15.52%
ZEB
Financials
100.00%
As of May 15, 2026
Top 10 Holdings
SLVX
WHEATON PRECIOUS METALS CORP
23.11%
PAN AMERICAN
12.62%
COEUR MINING INC
7.08%
FIRST MAJESTIC SILVER
5.80%
FRESNILLO PLC
5.49%
HECLA MINING
5.11%
KOREA ZINC
4.68%
US2044481040
4.34%
INDUSTRIAS PENOLES
4.18%
SSR MINING
4.10%
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
SLVX
Total weight of top 10 holdings out of 32 total
76.50%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
SLVX
ZEB
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Global Silver Miners Index NTR - 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 | - | 2.61% |
| Meets ESG criteria | No | No |
| Inception Date | May 12, 2022 | October 20, 2009 |
Frequently asked questions about SLVX and ZEB
Which ETF is larger by assets under management: SLVX or ZEB?
As of May 15, 2026, SLVX manages $3.80 M in assets, while ZEB manages $5.09 B. ZEB is the larger fund by AUM.
How are SLVX and ZEB managed?
SLVX is passively managed by Global X. It tracks the Solactive Global Silver Miners Index NTR - CAD benchmark. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do SLVX and ZEB emphasize?
SLVX is most exposed to Materials. ZEB is most exposed to Financials.
How do the fees of SLVX and ZEB compare?
SLVX has an expense ratio of 0.50%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of SLVX and ZEB?
SLVX's largest holdings include WHEATON PRECIOUS METALS CORP and PAN AMERICAN. ZEB's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and BNS.
Which ETF is more diversified: SLVX or ZEB?
SLVX holds 25 securities, while ZEB holds 6. On holdings count, SLVX is the more diversified portfolio.
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