VS
BMO Canadian Core Plus US Balanced ETF (ZBCB) and Global X Equal Weight Canadian Banks Index ETF (HBNK) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZBCB focuses its top 3 sector exposures on Financials, Municipal, and Information Technology, while HBNK leans towards Financials. When evaluating costs, ZBCB features a management fee (MER) of 0.45%, compared to 0.09% for HBNK. Performance-wise, ZBCB has returned 4.21% year-to-date with +$2 M in net flows, whereas HBNK is at 15.07% with -$447 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
ZBCB
HBNK
| AuM | $8.67 M | $696.43 M |
| Management Fees | 0.45% | 0.09% |
| Exp. ratio | 0.45% | 0.10% |
| Tracking Difference | - | -0.43% |
Historical performance and flows
As of May 7, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZBCB | +3.13% | +3.19% | +4.21% | - | - |
HBNK | +9.63% | +10.05% | +15.07% | +65.74% | - | |
| Flows | ZBCB | +$0 M | +$2 M | +$2 M | - | - |
HBNK | -$203 M | -$382 M | -$447 M | -$704 M | - |
ZBCB vs HBNK exposure
Countries
ZBCB
Canada
60.08%
USA
37.89%
HBNK
Canada
99.99%
Sectors
ZBCB
Financials
13.73%
Municipal
13.07%
Other
11.16%
Information Technology
9.54%
Energy
7.18%
Other
45.33%
HBNK
Financials
99.99%
As of May 7, 2026
Top 10 Holdings
ZBCB
ROYAL BK CANADA
3.43%
ALPHABET INC-CL
2.75%
APPLE
2.58%
BK OF AMERICA CO
2.20%
AGNICO EAGLE MINES LTD
2.12%
SUNCOR ENERGY
2.06%
TORONTO DOMINION
1.96%
ENBRIDGE
1.95%
AMAZON.COM INC
1.80%
BERKSHIRE HATHWAY
1.79%
HBNK
ROYAL BK CANADA
17.11%
TORONTO DOMINION
16.89%
BNS
16.66%
BANK OF MONTREAL
16.52%
CDN IMPERIAL BK
16.47%
NATIONAL BANK OF CANADA
16.34%
Diversification
ZBCB
Total weight of top 10 holdings out of 14,995 total
22.64%
HBNK
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
ZBCB
HBNK
| 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, Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.88% |
| Meets ESG criteria | No | No |
| Inception Date | May 21, 2025 | July 5, 2023 |
Frequently asked questions about ZBCB and HBNK
Which ETF has performed better year to date: ZBCB or HBNK?
As of May 7, 2026, ZBCB has returned 4.21% year to date, while HBNK has returned 15.07%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: ZBCB or HBNK?
As of May 7, 2026, ZBCB manages $8.67 M in assets, while HBNK manages $696.43 M. HBNK is the larger fund by AUM.
How are ZBCB and HBNK managed?
ZBCB is actively managed by BMO. It does not track an index. HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do ZBCB and HBNK emphasize?
ZBCB is most exposed to Financials, Municipal, and Information Technology. HBNK is most exposed to Financials.
Which ETF is attracting more investor flows: ZBCB or HBNK?
Year to date, ZBCB has seen +$1.66 M in net flows, compared with -$447.17 M for HBNK. ZBCB has attracted more net investor money so far.
How do the fees of ZBCB and HBNK compare?
ZBCB has an expense ratio of 0.45%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of ZBCB and HBNK?
ZBCB's largest holdings include ROYAL BK CANADA and ALPHABET INC-CL. HBNK's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and BNS.
Which ETF is more diversified: ZBCB or HBNK?
ZBCB holds 5581 securities, while HBNK holds 6. On holdings count, ZBCB is the more diversified portfolio.
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