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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, Non-Energy Materials, and Energy. When evaluating costs, ZCN features a management fee (MER) of 0.05%, compared to 0.05% for HXCN. Performance-wise, ZCN has returned 14.87% year-to-date with +$3 B in net flows, whereas HXCN is at 14.66% with +$280 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 | $18,790.76 M | $2,633.94 M |
| Management Fees | 0.05% | 0.05% |
| Exp. ratio | 0.06% | 0.05% |
| Tracking Difference | -0.09% | -0.31% |
Historical performance and flows
As of November 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZCN | +0.51% | -0.46% | +14.87% | +22.43% | +96.04% |
HXCN | +0.50% | -0.51% | +14.66% | +22.20% | +95.50% | |
| Flows | ZCN | +$354 M | +$985 M | +$3,437 M | +$3,510 M | +$5,353 M |
HXCN | +$6 M | +$13 M | +$280 M | +$317 M | +$279 M |
ZCN vs HXCN exposure
Countries
ZCN
Canada
96.85%
HXCN
Canada
96.55%
Sectors
ZCN
Finance
41.35%
Non-Energy Materials
18.49%
Energy
16.07%
Industrials
8.04%
Other
16.06%
HXCN
Finance
41.17%
Non-Energy Materials
18.24%
Energy
16.19%
Industrials
8.03%
Other
16.38%
As of November 6, 2026
Top 10 Holdings
ZCN
Royal Bank of Canada
7.79%
The Toronto-Dominion Bank
5.50%
Shopify, Inc.
5.03%
Bank of Montreal
3.34%
The Bank of Nova Scotia
3.17%
Enbridge, Inc.
2.92%
Canadian Imperial Bank of Commerce
2.87%
Canadian Natural Resources Ltd.
2.73%
Agnico Eagle Mines Ltd.
2.65%
Suncor Energy, Inc.
2.22%
HXCN
Royal Bank of Canada
7.73%
The Toronto-Dominion Bank
5.48%
Shopify, Inc.
5.07%
Bank of Montreal
3.32%
The Bank of Nova Scotia
3.14%
Enbridge, Inc.
2.92%
Canadian Imperial Bank of Commerce
2.85%
Canadian Natural Resources Ltd.
2.75%
Agnico Eagle Mines Ltd.
2.63%
Suncor Energy, Inc.
2.25%
Diversification
ZCN
Total weight of top 10 holdings out of 216 total
38.22%
HXCN
Total weight of top 10 holdings out of 216 total
38.13%
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 | 2.01% | 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 November 6, 2026, ZCN has returned 14.87% year to date, while HXCN has returned 14.66%. ZCN is ahead on YTD performance.
Which ETF is larger by assets under management: ZCN or HXCN?
As of November 6, 2026, ZCN manages $18.79 B in assets, while HXCN manages $2.63 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, Non-Energy Materials, and Energy. HXCN is most exposed to Finance, Non-Energy Materials, and Energy.
Which ETF is attracting more investor flows: ZCN or HXCN?
Year to date, ZCN has seen +$3,437.22 M in net flows, compared with +$280.45 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 0.05%.
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 216 securities, while HXCN holds 216. On holdings count, ZCN is the more diversified portfolio.
Recent articles about ZCN and HXCN
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