VS
When evaluating costs, ZACU features a management fee (MER) of 0.73%, compared to 0.28% for HEWB. 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
ZACU
HEWB
| AuM | $16.52 M | $367.20 M |
| Management Fees | 0.73% | 0.28% |
| Exp. ratio | 0.73% | 0.28% |
| Tracking Difference | - | -0.71% |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZACU | +0.27% | - | - | - | - |
HEWB | +5.35% | +1.59% | +34.93% | +45.81% | +176.98% | |
| Flows | ZACU | +$1 M | - | - | - | - |
HEWB | +$9 M | +$11 M | +$38 M | +$38 M | +$34 M |
ZACU vs HEWB exposure
Countries
ZACU
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
ZACU
Exposure data will be available soon
HEWB
Finance
100.00%
As of November 11, 2026
Top 10 Holdings
ZACU
Exposure data will be available soon
HEWB
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
ZACU
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
ZACU
HEWB
| Provider | BMO | Global X |
| 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 | Capitalization |
| Trailing 12m distribution yield | - | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | September 24, 2026 | January 23, 2019 |
Frequently asked questions about ZACU and HEWB
Which ETF is larger by assets under management: ZACU or HEWB?
As of November 11, 2026, ZACU manages $16.52 M in assets, while HEWB manages $367.20 M. HEWB is the larger fund by AUM.
How are ZACU and HEWB managed?
ZACU is actively managed by BMO. It does not track an index. HEWB is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
How do the fees of ZACU and HEWB compare?
ZACU has an expense ratio of 0.73%, while HEWB has an expense ratio of 0.28%.
Recent articles about ZACU and HEWB
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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.