VS
When evaluating costs, TDB features a management fee (MER) of 0.08%, compared to 0.25% for ZEB. Performance-wise, TDB has returned 1.23% year-to-date with +$1 B 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
TDB
ZEB
| AuM | $4,093.22 M | $7,493.90 M |
| Management Fees | 0.08% | 0.25% |
| Exp. ratio | 0.08% | 0.28% |
| Tracking Difference | -0.06% | -0.65% |
Historical performance and flows
As of July 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TDB | -0.60% | +0.83% | +1.23% | +4.15% | +13.30% |
ZEB | +6.04% | +19.90% | +35.79% | +71.33% | +157.89% | |
| Flows | TDB | +$212 M | +$569 M | +$1,255 M | +$1,877 M | +$3,099 M |
ZEB | +$1,233 M | +$1,278 M | +$267 M | +$768 M | -$484 M |
TDB vs ZEB exposure
Countries
TDB
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
TDB
Exposure data will be available soon
ZEB
Finance
100.00%
As of July 16, 2026
Top 10 Holdings
TDB
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
TDB
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
TDB
ZEB
| Provider | TD Asset Management | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Broad Canadian Bond Universe GTR Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.49% | 2.23% |
| Meets ESG criteria | No | No |
| Inception Date | March 22, 2016 | October 20, 2009 |
Frequently asked questions about TDB and ZEB
Which ETF has performed better year to date: TDB or ZEB?
As of July 16, 2026, TDB has returned 1.23% year to date, while ZEB has returned 35.79%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: TDB or ZEB?
As of July 16, 2026, TDB manages $4.09 B in assets, while ZEB manages $7.49 B. ZEB is the larger fund by AUM.
How are TDB and ZEB managed?
TDB is passively managed by TD Asset Management. It tracks the Solactive Broad Canadian Bond Universe 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: TDB or ZEB?
Year to date, TDB has seen +$1,254.94 M in net flows, compared with +$266.52 M for ZEB. TDB has attracted more net investor money so far.
How do the fees of TDB and ZEB compare?
TDB has an expense ratio of 0.08%, while ZEB has an expense ratio of 0.28%.
Recent articles about TDB and ZEB
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