BMO BBB CLO ETF (ZBBZ) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZBBZ focuses its top 3 sector exposures on Other sectors and Non-Corporate, while ZEB leans towards Finance. When evaluating costs, ZBBZ features a management fee (MER) of 0.45%, compared to 0.25% for ZEB. Performance-wise, ZBBZ has returned 4.41% year-to-date with -$1 M in net flows, whereas ZEB is at 35.79% with +$267 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
ZBBZ
ZEB
| AuM | $6.74 M | $7,493.90 M |
| Management Fees | 0.45% | 0.25% |
| Exp. ratio | 0.45% | 0.28% |
| Tracking Difference | - | -0.65% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZBBZ | -0.06% | +4.45% | +4.41% | - | - |
ZEB | +6.04% | +19.90% | +35.79% | +71.33% | +157.89% | |
| Flows | ZBBZ | +$3 M | +$2 M | -$1 M | - | - |
ZEB | +$1,233 M | +$1,278 M | +$267 M | +$768 M | -$484 M |
ZBBZ vs ZEB exposure
Countries
ZBBZ
Other
98.34%
ZEB
Canada
100.00%
Sectors
ZBBZ
Other
98.34%
ZEB
Finance
100.00%
As of July 17, 2026
Top 10 Holdings
ZBBZ
US75009PAU12
4.48%
US17181DAJ54
4.41%
US28623RBU14
4.39%
US565923BL26
3.73%
US749979AU45
3.67%
US03330RAS40
3.36%
US09630MAU45
3.00%
US26246GAU76
2.99%
US03332QBC87
2.99%
US22823RBE80
2.99%
ZEB
The Toronto-Dominion Bank
17.52%
Royal Bank of Canada
17.09%
Bank of Montreal
16.85%
The Bank of Nova Scotia
16.38%
Canadian Imperial Bank of Commerce
16.27%
National Bank of Canada
15.89%
Diversification
ZBBZ
Total weight of top 10 holdings out of 99 total
36.00%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
ZBBZ
ZEB
| Provider | BMO | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.23% |
| Meets ESG criteria | No | No |
| Inception Date | September 9, 2025 | October 20, 2009 |
Frequently asked questions about ZBBZ and ZEB
Which ETF has performed better year to date: ZBBZ or ZEB?
As of July 17, 2026, ZBBZ has returned 4.41% year to date, while ZEB has returned 35.79%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: ZBBZ or ZEB?
As of July 17, 2026, ZBBZ manages $6.74 M in assets, while ZEB manages $7.49 B. ZEB is the larger fund by AUM.
How are ZBBZ and ZEB managed?
ZBBZ is actively managed by BMO. It does not track an index. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do ZBBZ and ZEB emphasize?
ZBBZ is most exposed to Other sectors and Non-Corporate. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: ZBBZ or ZEB?
Year to date, ZBBZ has seen -$0.64 M in net flows, compared with +$266.52 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of ZBBZ and ZEB compare?
ZBBZ has an expense ratio of 0.45%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of ZBBZ and ZEB?
ZBBZ's largest holdings include Owl Rock CLO 2020-5A, FRN 20apr2034, USD (ABS, C1) and BlackRock Cash Funds - Treasury. ZEB's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: ZBBZ or ZEB?
ZBBZ holds 3 securities, while ZEB holds 6. On holdings count, ZEB is the more diversified portfolio.
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