VS
BMO International Dividend ETF (ZDI) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZDI focuses its top 3 sector exposures on Finance, Industrials, and Consumer Non-Cyclicals, while ZEB leans towards Finance. When evaluating costs, ZDI features a management fee (MER) of 0.4%, compared to 0.25% for ZEB. Performance-wise, ZDI has returned 16.94% year-to-date with +$121 M in net flows, whereas ZEB is at 30.81% with +$572 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
ZDI
ZEB
| AuM | $960.68 M | $7,486.68 M |
| Management Fees | 0.40% | 0.25% |
| Exp. ratio | 0.44% | 0.28% |
| Tracking Difference | - | -0.54% |
Historical performance and flows
As of September 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZDI | +0.09% | +2.99% | +16.94% | +24.51% | +69.32% |
ZEB | -3.95% | +2.15% | +30.81% | +49.17% | +154.33% | |
| Flows | ZDI | +$36 M | +$68 M | +$121 M | +$155 M | +$264 M |
ZEB | +$302 M | +$1,539 M | +$572 M | +$1,209 M | -$243 M |
ZDI vs ZEB exposure
Countries
ZDI
Japan
20.47%
France
14.37%
United Kingdom
14.03%
Netherlands
7.60%
Switzerland
7.54%
Other
35.99%
ZEB
Canada
100.00%
Sectors
ZDI
Finance
31.23%
Industrials
13.19%
Consumer Non-Cyclicals
8.96%
Healthcare
7.89%
Technology
7.06%
Other
31.67%
ZEB
Finance
100.00%
As of September 17, 2026
Top 10 Holdings
ZDI
ASML Holding NV
3.15%
HSBC Holdings Plc
2.85%
Intesa Sanpaolo SpA
2.53%
Roche Holding AG
2.42%
TotalEnergies SE
2.26%
DBS Group Holdings Ltd.
2.26%
Enel SpA
2.10%
Shell Plc
2.06%
Siemens AG
2.02%
Imperial Brands Plc
1.98%
ZEB
Royal Bank of Canada
17.39%
Bank of Montreal
17.03%
The Toronto-Dominion Bank
16.96%
The Bank of Nova Scotia
16.51%
Canadian Imperial Bank of Commerce
16.09%
National Bank of Canada
16.03%
Diversification
ZDI
Total weight of top 10 holdings out of 108 total
23.64%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
ZDI
ZEB
| Provider | BMO | BMO |
| 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 | Distributing |
| Trailing 12m distribution yield | 2.97% | 2.34% |
| Meets ESG criteria | No | No |
| Inception Date | November 12, 2014 | October 20, 2009 |
Frequently asked questions about ZDI and ZEB
Which ETF has performed better year to date: ZDI or ZEB?
As of September 17, 2026, ZDI has returned 16.94% year to date, while ZEB has returned 30.81%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: ZDI or ZEB?
As of September 17, 2026, ZDI manages $960.68 M in assets, while ZEB manages $7.49 B. ZEB is the larger fund by AUM.
How are ZDI and ZEB managed?
ZDI 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 ZDI and ZEB emphasize?
ZDI is most exposed to Finance, Industrials, and Consumer Non-Cyclicals. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: ZDI or ZEB?
Year to date, ZDI has seen +$121.16 M in net flows, compared with +$571.80 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of ZDI and ZEB compare?
ZDI has an expense ratio of 0.44%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of ZDI and ZEB?
ZDI's largest holdings include Roche Holding AG, ASML Holding NV, and HSBC Holdings Plc. ZEB's top holdings include Royal Bank of Canada, Bank of Montreal, and The Toronto-Dominion Bank.
Which ETF is more diversified: ZDI or ZEB?
ZDI holds 107 securities, while ZEB holds 6. On holdings count, ZDI is the more diversified portfolio.
Recent articles about ZDI and ZEB
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