iShares Core Equity ETF (XEQT) and BMO All-Equity ETF (ZEQT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XEQT focuses its top 3 sector exposures on Finance, Technology, and Industrials, while ZEQT leans towards Technology, Finance, and Industrials. When evaluating costs, XEQT features a management fee (MER) of 0.18%, compared to 0.18% for ZEQT. Performance-wise, XEQT has returned 16.2% year-to-date with +$8 B in net flows, whereas ZEQT is at 16.28% with +$442 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
XEQT
ZEQT
| AuM | $22,412.71 M | $1,021.08 M |
| Management Fees | 0.18% | 0.18% |
| Exp. ratio | 0.19% | 0.20% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 4, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEQT | -0.31% | +2.69% | +16.20% | +23.76% | +80.84% |
ZEQT | -0.39% | +2.28% | +16.28% | +24.12% | +80.54% | |
| Flows | XEQT | +$1,118 M | +$3,222 M | +$7,869 M | +$9,791 M | +$15,735 M |
ZEQT | +$75 M | +$200 M | +$442 M | +$571 M | +$811 M |
XEQT vs ZEQT exposure
Countries
XEQT
USA
44.48%
Canada
24.66%
Other
30.86%
ZEQT
USA
48.46%
Canada
24.69%
Other
26.85%
Sectors
XEQT
Finance
25.23%
Technology
24.35%
Industrials
10.32%
Non-Energy Materials
7.46%
Energy
7.10%
Other
25.54%
ZEQT
Technology
27.28%
Finance
24.56%
Industrials
9.51%
Non-Energy Materials
7.23%
Energy
7.09%
Other
24.34%
As of September 4, 2026
Top 10 Holdings
XEQT
Apple, Inc.
3.05%
NVIDIA Corp.
2.94%
Microsoft Corp.
2.08%
Royal Bank of Canada
2.07%
Amazon.com, Inc.
1.43%
The Toronto-Dominion Bank
1.41%
Alphabet, Inc.
1.22%
Broadcom Inc.
1.14%
Shopify, Inc.
1.05%
Alphabet, Inc.
0.98%
ZEQT
Apple, Inc.
3.46%
NVIDIA Corp.
3.34%
Microsoft Corp.
2.37%
Royal Bank of Canada
2.07%
Amazon.com, Inc.
1.63%
The Toronto-Dominion Bank
1.41%
Alphabet, Inc.
1.38%
Broadcom Inc.
1.30%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.28%
Alphabet, Inc.
1.11%
Diversification
XEQT
Total weight of top 10 holdings out of 8,298 total
17.37%
ZEQT
Total weight of top 10 holdings out of 5,508 total
19.36%
Characteristics
Frequently asked questions about XEQT and ZEQT
Which ETF has performed better year to date: XEQT or ZEQT?
As of September 4, 2026, XEQT has returned 16.20% year to date, while ZEQT has returned 16.28%. ZEQT is ahead on YTD performance.
Which ETF is larger by assets under management: XEQT or ZEQT?
As of September 4, 2026, XEQT manages $22.41 B in assets, while ZEQT manages $1.02 B. XEQT is the larger fund by AUM.
How are XEQT and ZEQT managed?
XEQT is actively managed by iShares. It does not track an index. ZEQT is actively managed by BMO. It does not track an index.
What sectors do XEQT and ZEQT emphasize?
XEQT is most exposed to Finance, Technology, and Industrials. ZEQT is most exposed to Technology, Finance, and Industrials.
Which ETF is attracting more investor flows: XEQT or ZEQT?
Year to date, XEQT has seen +$7,869.25 M in net flows, compared with +$442.06 M for ZEQT. XEQT has attracted more net investor money so far.
How do the fees of XEQT and ZEQT compare?
XEQT has an expense ratio of 0.19%, while ZEQT has an expense ratio of 0.20%.
What are the top holdings of XEQT and ZEQT?
XEQT's largest holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc.. ZEQT's top holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc..
Which ETF is more diversified: XEQT or ZEQT?
XEQT holds 8200 securities, while ZEQT holds 5434. On holdings count, XEQT is the more diversified portfolio.
Recent articles about XEQT and ZEQT
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