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Compare iShares S&P/TSX Capped Consumer Staples Index ETF (XST) vs BMO Equal Weight Banks Index ETF (ZEB) to find the best fit for your portfolio. XST provides Consumer Non-Cyclicals, Consumer Cyclicals, and Healthcare exposures, while ZEB is primarily weighted in Finance. When evaluating costs, XST features a management fee (MER) of 0.55%, compared to 0.25% for ZEB. Performance-wise, XST has returned 8.77% year-to-date with +$49 M in net flows, whereas ZEB is at 33.82% 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
XST
ZEB
| AuM | $425.47 M | $8,297.14 M |
| Management Fees | 0.55% | 0.25% |
| Exp. ratio | 0.61% | 0.28% |
| Tracking Difference | -0.74% | -0.53% |
Historical performance and flows
As of November 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XST | +7.06% | +2.97% | +8.77% | +17.09% | +56.83% |
ZEB | +4.38% | +0.49% | +33.82% | +45.06% | +174.95% | |
| Flows | XST | +$2 M | +$3 M | +$49 M | +$49 M | +$96 M |
ZEB | +$1,160 M | +$998 M | +$1,255 M | +$1,707 M | +$432 M |
XST vs ZEB exposure
Countries
XST
Canada
99.89%
ZEB
Canada
100.00%
Sectors
XST
Consumer Non-Cyclicals
74.41%
Consumer Cyclicals
23.88%
ZEB
Finance
100.00%
As of November 10, 2026
Top 10 Holdings
XST
Loblaw Cos. Ltd.
25.39%
Alimentation Couche-Tard, Inc.
23.88%
Metro, Inc.
16.01%
George Weston Ltd.
13.22%
Saputo, Inc.
7.98%
Empire Co. Ltd.
5.14%
Premium Brands Holdings Corp.
2.82%
The North West Co., Inc.
2.22%
Maple Leaf Foods, Inc.
1.61%
Jamieson Wellness, Inc.
1.60%
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
XST
Total weight of top 10 holdings out of 10 total
99.89%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
XST
ZEB
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX Capped Consumer Staples Total Return Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.65% | 2.31% |
| Meets ESG criteria | No | No |
| Inception Date | April 12, 2011 | October 20, 2009 |
Frequently asked questions about XST and ZEB
Which ETF has performed better year to date: XST or ZEB?
As of November 10, 2026, XST has returned 8.77% year to date, while ZEB has returned 33.82%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: XST or ZEB?
As of November 10, 2026, XST manages $425.47 M in assets, while ZEB manages $8.30 B. ZEB is the larger fund by AUM.
How are XST and ZEB managed?
XST is passively managed by iShares. It tracks the S&P/TSX Capped Consumer Staples Total Return Index - CAD benchmark. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do XST and ZEB emphasize?
XST is most exposed to Consumer Non-Cyclicals, Consumer Cyclicals, and Healthcare. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: XST or ZEB?
Year to date, XST has seen +$49.14 M in net flows, compared with +$1,255.44 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of XST and ZEB compare?
XST has an expense ratio of 0.61%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of XST and ZEB?
XST's largest holdings include Loblaw Cos. Ltd., Alimentation Couche-Tard, Inc., and Metro, Inc.. ZEB's top holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Bank of Montreal.
Which ETF is more diversified: XST or ZEB?
XST holds 10 securities, while ZEB holds 6. On holdings count, XST is the more diversified portfolio.
Recent articles about XST 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.





