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Compare BMO S&P/TSX Capped Composite Index ETF (ZCN) vs Global X S&P/TSX Capped Composite Index Corporate Class ETF (HXCN) to find the best fit for your portfolio. ZCN and HXCN provide the same top sector exposures: Finance, Energy, and Non-Energy Materials. When evaluating costs, ZCN features a management fee (MER) of 0.05%, compared to 0.05% for HXCN. Performance-wise, ZCN has returned 14.64% year-to-date with +$3 B in net flows, whereas HXCN is at 14.47% with +$274 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
ZCN
HXCN
| AuM | $18,346.16 M | $2,623.14 M |
| Management Fees | 0.05% | 0.05% |
| Exp. ratio | 0.06% | 0.06% |
| Tracking Difference | -0.10% | -0.33% |
Historical performance and flows
As of September 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZCN | -1.33% | +2.96% | +14.64% | +24.30% | +89.32% |
HXCN | -1.35% | +2.90% | +14.47% | +24.07% | +88.83% | |
| Flows | ZCN | +$321 M | +$997 M | +$2,935 M | +$3,224 M | +$4,849 M |
HXCN | +$6 M | +$238 M | +$274 M | +$419 M | +$275 M |
ZCN vs HXCN exposure
Countries
ZCN
Canada
96.71%
HXCN
Canada
96.46%
Sectors
ZCN
Finance
41.85%
Energy
17.20%
Non-Energy Materials
15.79%
Industrials
8.16%
Other
16.99%
HXCN
Finance
41.74%
Energy
17.17%
Non-Energy Materials
15.75%
Industrials
8.14%
Other
17.19%
As of September 18, 2026
Top 10 Holdings
ZCN
Royal Bank of Canada
8.11%
The Toronto-Dominion Bank
5.53%
Shopify, Inc.
4.13%
Bank of Montreal
3.46%
Enbridge, Inc.
3.34%
Canadian Imperial Bank of Commerce
3.00%
The Bank of Nova Scotia
2.98%
Canadian Natural Resources Ltd.
2.72%
Brookfield Corp.
2.48%
Suncor Energy, Inc.
2.18%
HXCN
Royal Bank of Canada
8.10%
The Toronto-Dominion Bank
5.52%
Shopify, Inc.
4.12%
Bank of Montreal
3.45%
Enbridge, Inc.
3.34%
Canadian Imperial Bank of Commerce
3.00%
The Bank of Nova Scotia
2.98%
Canadian Natural Resources Ltd.
2.72%
Brookfield Corp.
2.48%
Suncor Energy, Inc.
2.17%
Diversification
ZCN
Total weight of top 10 holdings out of 219 total
37.94%
HXCN
Total weight of top 10 holdings out of 219 total
37.87%
Characteristics
Compare
ZCN
HXCN
| Provider | BMO | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX Capped Composite Total Return Index - CAD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 2.00% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | May 29, 2009 | February 6, 2020 |
Frequently asked questions about ZCN and HXCN
Which ETF has performed better year to date: ZCN or HXCN?
As of September 18, 2026, ZCN has returned 14.64% year to date, while HXCN has returned 14.47%. ZCN is ahead on YTD performance.
Which ETF is larger by assets under management: ZCN or HXCN?
As of September 18, 2026, ZCN manages $18.35 B in assets, while HXCN manages $2.62 B. ZCN is the larger fund by AUM.
How are ZCN and HXCN managed?
ZCN is passively managed by BMO. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark. HXCN is passively managed by Global X. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do ZCN and HXCN emphasize?
ZCN is most exposed to Finance, Energy, and Non-Energy Materials. HXCN is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: ZCN or HXCN?
Year to date, ZCN has seen +$2,934.90 M in net flows, compared with +$273.94 M for HXCN. ZCN has attracted more net investor money so far.
How do the fees of ZCN and HXCN compare?
ZCN has an expense ratio of 0.06%, while HXCN has an expense ratio of 0.06%.
What are the top holdings of ZCN and HXCN?
ZCN's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc.. HXCN's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: ZCN or HXCN?
ZCN holds 219 securities, while HXCN holds 219. On holdings count, ZCN is the more diversified portfolio.
Recent articles about ZCN and HXCN
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