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Compare BMO MSCI EAFE Index ETF (ZEA) vs TD International Equity Index ETF (TPE) to find the best fit for your portfolio. ZEA and TPE provide the same top sector exposures: Finance, Industrials, and Technology. When evaluating costs, ZEA features a management fee (MER) of 0.2%, compared to 0.17% for TPE. Performance-wise, ZEA has returned 12.78% year-to-date with +$877 M in net flows, whereas TPE is at 13.03% with +$1 B. 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
ZEA
TPE
| AuM | $13,474.41 M | $5,704.51 M |
| Management Fees | 0.20% | 0.17% |
| Exp. ratio | 0.22% | 0.19% |
| Tracking Difference | -0.84% | -0.38% |
Historical performance and flows
As of September 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZEA | -2.57% | +0.34% | +12.78% | +17.11% | +65.30% |
TPE | -2.59% | +0.53% | +13.03% | +17.65% | +65.82% | |
| Flows | ZEA | +$107 M | +$810 M | +$877 M | +$995 M | +$2,750 M |
TPE | +$115 M | +$311 M | +$1,301 M | +$1,620 M | +$3,299 M |
ZEA vs TPE exposure
Countries
ZEA
Japan
24.83%
United Kingdom
13.79%
Switzerland
9.29%
France
8.17%
Germany
8.11%
Australia
7.07%
Other
28.75%
TPE
Japan
25.65%
United Kingdom
13.66%
Switzerland
8.96%
Germany
8.21%
France
7.97%
Australia
7.13%
Other
28.42%
Sectors
ZEA
Finance
27.47%
Industrials
16.39%
Technology
11.86%
Healthcare
9.39%
Consumer Non-Cyclicals
8.10%
Non-Energy Materials
7.46%
Other
19.34%
TPE
Finance
28.04%
Industrials
16.12%
Technology
11.67%
Healthcare
9.77%
Consumer Non-Cyclicals
8.38%
Other
26.01%
As of September 15, 2026
Top 10 Holdings
ZEA
ASML Holding NV
2.51%
HSBC Holdings Plc
1.42%
Roche Holding AG
1.20%
Novartis AG
1.12%
Nestlé SA
1.03%
AstraZeneca PLC
1.01%
Shell Plc
0.98%
Siemens AG
0.94%
Mitsubishi UFJ Financial Group, Inc.
0.92%
BHP Group Ltd.
0.82%
TPE
ASML Holding NV
2.78%
HSBC Holdings Plc
1.61%
Roche Holding AG
1.36%
Novartis AG
1.25%
Nestlé SA
1.14%
Shell Plc
1.13%
AstraZeneca PLC
1.13%
Mitsubishi UFJ Financial Group, Inc.
1.12%
Siemens AG
1.03%
BHP Group Ltd.
0.93%
Diversification
ZEA
Total weight of top 10 holdings out of 2,608 total
11.96%
TPE
Total weight of top 10 holdings out of 891 total
13.49%
Characteristics
Compare
ZEA
TPE
| Provider | BMO | TD Asset Management |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI EAFE Net Total Return Index - CAD | Solactive GBS Developed Markets ex North America Large & Mid Cap CAD NTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.92% | 2.12% |
| Meets ESG criteria | No | No |
| Inception Date | February 10, 2014 | March 22, 2016 |
Frequently asked questions about ZEA and TPE
Which ETF has performed better year to date: ZEA or TPE?
As of September 15, 2026, ZEA has returned 12.78% year to date, while TPE has returned 13.03%. TPE is ahead on YTD performance.
Which ETF is larger by assets under management: ZEA or TPE?
As of September 15, 2026, ZEA manages $13.47 B in assets, while TPE manages $5.70 B. ZEA is the larger fund by AUM.
How are ZEA and TPE managed?
ZEA is passively managed by BMO. It tracks the MSCI EAFE Net Total Return Index - CAD benchmark. TPE is passively managed by TD Asset Management. It tracks the Solactive GBS Developed Markets ex North America Large & Mid Cap CAD NTR Index - CAD benchmark.
What sectors do ZEA and TPE emphasize?
ZEA is most exposed to Finance, Industrials, and Technology. TPE is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: ZEA or TPE?
Year to date, ZEA has seen +$876.97 M in net flows, compared with +$1,301.17 M for TPE. TPE has attracted more net investor money so far.
How do the fees of ZEA and TPE compare?
ZEA has an expense ratio of 0.22%, while TPE has an expense ratio of 0.19%.
What are the top holdings of ZEA and TPE?
ZEA's largest holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG. TPE's top holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG.
Which ETF is more diversified: ZEA or TPE?
ZEA holds 2596 securities, while TPE holds 878. On holdings count, ZEA is the more diversified portfolio.
Recent articles about ZEA and TPE
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