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iShares S&P/TSX Global Gold Index ETF (XGD) and BMO Junior Gold Index ETF (ZJG) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XGD focuses its top 3 sector exposures on Non-Energy Materials, while ZJG leans towards Non-Energy Materials. When evaluating costs, XGD features a management fee (MER) of 0.55%, compared to 0.55% for ZJG. Performance-wise, XGD has returned 11.08% year-to-date with +$234 M in net flows, whereas ZJG is at 8.92% with -$32 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
XGD
ZJG
| AuM | $4,468.43 M | $206.38 M |
| Management Fees | 0.55% | 0.55% |
| Exp. ratio | 0.61% | 0.61% |
| Tracking Difference | 0.96% | -0.46% |
Historical performance and flows
As of October 9, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XGD | -7.53% | +18.61% | +11.08% | +25.28% | +255.60% |
ZJG | -7.75% | +16.57% | +8.92% | +23.03% | +320.05% | |
| Flows | XGD | +$74 M | +$491 M | +$234 M | +$116 M | +$547 M |
ZJG | +$3 M | +$8 M | -$32 M | -$37 M | -$22 M |
XGD vs ZJG exposure
Countries
XGD
Canada
61.73%
USA
30.10%
Other
8.17%
ZJG
Canada
69.68%
USA
30.32%
Sectors
XGD
Non-Energy Materials
99.89%
ZJG
Non-Energy Materials
100.00%
As of October 9, 2026
Top 10 Holdings
XGD
Newmont Corp.
16.42%
Agnico Eagle Mines Ltd.
12.59%
Barrick Mining Corp.
9.16%
Wheaton Precious Metals Corp.
8.35%
Franco-Nevada Corp.
6.19%
Anglogold Ashanti Plc
5.82%
Gold Fields Ltd.
5.06%
Kinross Gold Corp.
4.45%
Pan American Silver Corp.
2.67%
Coeur Mining, Inc.
2.62%
ZJG
Coeur Mining, Inc.
11.03%
Royal Gold, Inc.
10.82%
Alamos Gold, Inc.
7.79%
Equinox Gold Corp.
6.93%
IAMGOLD Corp.
5.94%
Eldorado Gold Corp.
5.45%
DPM Metals, Inc.
5.21%
G Mining Ventures Corp.
4.09%
SSR Mining, Inc.
4.08%
B2Gold Corp.
3.80%
Diversification
XGD
Total weight of top 10 holdings out of 65 total
73.33%
ZJG
Total weight of top 10 holdings out of 37 total
65.13%
Characteristics
Compare
XGD
ZJG
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX Global Gold Index - CAD | Dow Jones North America Select Junior Gold Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.74% | 0.11% |
| Meets ESG criteria | No | No |
| Inception Date | March 23, 2001 | January 19, 2010 |
Frequently asked questions about XGD and ZJG
Which ETF has performed better year to date: XGD or ZJG?
As of October 9, 2026, XGD has returned 11.08% year to date, while ZJG has returned 8.92%. XGD is ahead on YTD performance.
Which ETF is larger by assets under management: XGD or ZJG?
As of October 9, 2026, XGD manages $4.47 B in assets, while ZJG manages $206.38 M. XGD is the larger fund by AUM.
How are XGD and ZJG managed?
XGD is passively managed by iShares. It tracks the S&P/TSX Global Gold Index - CAD benchmark. ZJG is passively managed by BMO. It tracks the Dow Jones North America Select Junior Gold Total Return Index - CAD benchmark.
What sectors do XGD and ZJG emphasize?
XGD is most exposed to Non-Energy Materials. ZJG is most exposed to Non-Energy Materials.
Which ETF is attracting more investor flows: XGD or ZJG?
Year to date, XGD has seen +$234.17 M in net flows, compared with -$31.76 M for ZJG. XGD has attracted more net investor money so far.
How do the fees of XGD and ZJG compare?
XGD has an expense ratio of 0.61%, while ZJG has an expense ratio of 0.61%.
What are the top holdings of XGD and ZJG?
XGD's largest holdings include Newmont Corp., Agnico Eagle Mines Ltd., and Barrick Mining Corp.. ZJG's top holdings include Coeur Mining, Inc., Royal Gold, Inc., and Alamos Gold, Inc..
Which ETF is more diversified: XGD or ZJG?
XGD holds 65 securities, while ZJG holds 37. On holdings count, XGD is the more diversified portfolio.
Recent articles about XGD and ZJG
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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.