VS
When evaluating costs, XEQT features a management fee (MER) of 0.18%, compared to 0.25% for ZEB. Performance-wise, XEQT has returned 13.29% year-to-date with +$10 B 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
XEQT
ZEB
| AuM | $23,418.48 M | $7,964.98 M |
| Management Fees | 0.18% | 0.25% |
| Exp. ratio | 0.19% | 0.28% |
| Tracking Difference | - | -0.51% |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEQT | -1.95% | -0.18% | +13.29% | +14.42% | +87.98% |
ZEB | +2.92% | -0.49% | +32.05% | +45.52% | +183.86% | |
| Flows | XEQT | +$1,015 M | +$2,858 M | +$9,518 M | +$10,502 M | +$17,267 M |
ZEB | +$253 M | +$1,000 M | +$1,033 M | +$1,756 M | -$188 M |
XEQT vs ZEB exposure
Countries
XEQT
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
XEQT
Exposure data will be available soon
ZEB
Finance
100.00%
As of October 30, 2026
Top 10 Holdings
XEQT
Exposure data will be available soon
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
XEQT
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
XEQT
ZEB
| Provider | iShares | 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 | 1.61% | 2.34% |
| Meets ESG criteria | No | No |
| Inception Date | August 7, 2019 | October 20, 2009 |
Frequently asked questions about XEQT and ZEB
Which ETF has performed better year to date: XEQT or ZEB?
As of October 30, 2026, XEQT has returned 13.29% year to date, while ZEB has returned 32.05%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: XEQT or ZEB?
As of October 30, 2026, XEQT manages $23.42 B in assets, while ZEB manages $7.96 B. XEQT is the larger fund by AUM.
How are XEQT and ZEB managed?
XEQT is actively managed by iShares. 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: XEQT or ZEB?
Year to date, XEQT has seen +$9,518.08 M in net flows, compared with +$1,032.65 M for ZEB. XEQT has attracted more net investor money so far.
How do the fees of XEQT and ZEB compare?
XEQT has an expense ratio of 0.19%, while ZEB has an expense ratio of 0.28%.
Recent articles about XEQT and ZEB
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.