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 Technology, Finance, 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 12.89% year-to-date with +$7 B in net flows, whereas ZEQT is at 13.13% with +$355 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 | $20,445.57 M | $908.58 M |
| Management Fees | 0.18% | 0.18% |
| Exp. ratio | 0.20% | 0.20% |
| Tracking Difference | - | - |
Historical performance and flows
As of July 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEQT | -0.07% | +5.98% | +12.89% | +24.89% | +77.07% |
ZEQT | -0.18% | +6.09% | +13.13% | +25.33% | +77.24% | |
| Flows | XEQT | +$1,156 M | +$3,103 M | +$6,509 M | +$9,051 M | +$14,463 M |
ZEQT | +$65 M | +$180 M | +$355 M | +$522 M | +$729 M |
XEQT vs ZEQT exposure
Countries
XEQT
USA
44.97%
Canada
23.95%
Other
31.08%
ZEQT
USA
48.77%
Canada
23.94%
Other
27.30%
Sectors
XEQT
Technology
25.85%
Finance
24.22%
Industrials
10.42%
Non-Energy Materials
7.44%
Other
32.06%
ZEQT
Technology
28.76%
Finance
23.59%
Industrials
9.53%
Non-Energy Materials
7.18%
Other
30.93%
As of July 24, 2026
Top 10 Holdings
XEQT
NVIDIA Corp.
3.02%
Apple, Inc.
2.65%
Royal Bank of Canada
2.05%
Microsoft Corp.
1.72%
Amazon.com, Inc.
1.45%
The Toronto-Dominion Bank
1.44%
Alphabet, Inc.
1.30%
Broadcom Inc.
1.11%
Alphabet, Inc.
1.04%
Shopify, Inc.
0.99%
ZEQT
NVIDIA Corp.
3.36%
Apple, Inc.
2.94%
Royal Bank of Canada
2.02%
Microsoft Corp.
1.95%
Amazon.com, Inc.
1.67%
Alphabet, Inc.
1.47%
The Toronto-Dominion Bank
1.42%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.41%
Broadcom Inc.
1.25%
Alphabet, Inc.
1.18%
Diversification
XEQT
Total weight of top 10 holdings out of 8,337 total
16.77%
ZEQT
Total weight of top 10 holdings out of 5,517 total
18.67%
Characteristics
Frequently asked questions about XEQT and ZEQT
Which ETF has performed better year to date: XEQT or ZEQT?
As of July 24, 2026, XEQT has returned 12.89% year to date, while ZEQT has returned 13.13%. ZEQT is ahead on YTD performance.
Which ETF is larger by assets under management: XEQT or ZEQT?
As of July 24, 2026, XEQT manages $20.45 B in assets, while ZEQT manages $908.58 M. 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 Technology, Finance, 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 +$6,509.05 M in net flows, compared with +$355.25 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 0.20%, while ZEQT has an expense ratio of 0.20%.
What are the top holdings of XEQT and ZEQT?
XEQT's largest holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc.. ZEQT's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: XEQT or ZEQT?
XEQT holds 8205 securities, while ZEQT holds 5421. On holdings count, XEQT is the more diversified portfolio.
Recent articles about XEQT and ZEQT
ETF Comparison: XEQT vs. VEQT
A side-by-side comparison of XEQT and VEQT, Canada's two leading all-equity portfolio ETFs.
Posted 5 days ago by Kyle Anthony inEquities
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