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Compare BMO Equal Weight Banks Index ETF (ZEB) vs RBC Canadian Bank Yield Index ETF (RBNK) to find the best fit for your portfolio. ZEB and RBNK provide the same top sector exposures: Financials. When evaluating costs, ZEB features a management fee (MER) of 0.25%, compared to 0.29% for RBNK. Performance-wise, ZEB has returned 4.2% year-to-date with -$723 M in net flows, whereas RBNK is at 4.13% with +$0 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
ZEB
RBNK
| AuM | $5,050.96 M | $388.45 M |
| Management Fees | 0.25% | 0.29% |
| Exp. ratio | 0.28% | 0.32% |
| Tracking Difference | -0.60% | 6.59% |
Historical performance and flows
As of April 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZEB | +0.88% | +3.08% | +4.20% | +65.52% | +102.53% |
RBNK | +0.48% | +2.95% | +4.13% | +64.89% | +102.23% | |
| Flows | ZEB | +$311 M | -$835 M | -$723 M | -$1,943 M | -$1,208 M |
RBNK | -$8 M | +$0 M | +$0 M | +$16 M | -$29 M |
ZEB vs RBNK exposure
Countries
ZEB
Canada
100.00%
RBNK
Canada
100.00%
Sectors
ZEB
Financials
100.00%
RBNK
Financials
100.00%
As of April 6, 2026
Top 10 Holdings
ZEB
CDN IMPERIAL BK
17.54%
NATIONAL BANK OF CANADA
17.45%
TORONTO DOMINION
17.23%
BNS
16.23%
BANK OF MONTREAL
15.78%
ROYAL BK CANADA
15.77%
RBNK
BANK OF MONTREAL
25.06%
BNS
24.04%
CDN IMPERIAL BK
17.26%
TORONTO DOMINION
16.47%
NATIONAL BANK OF CANADA
9.24%
ROYAL BK CANADA
7.93%
Diversification
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
RBNK
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
ZEB
RBNK
| Provider | BMO | RBC Global Asset Management |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Equal Weight Canada Banks GTR Index - CAD | Solactive Canada Bank Yield Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.88% | 3.40% |
| Meets ESG criteria | No | No |
| Inception Date | October 20, 2009 | October 20, 2017 |
Frequently asked questions about ZEB and RBNK
Which ETF has performed better year to date: ZEB or RBNK?
As of April 6, 2026, ZEB has returned 4.20% year to date, while RBNK has returned 4.13%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: ZEB or RBNK?
As of April 6, 2026, ZEB manages $5.05 B in assets, while RBNK manages $388.45 M. ZEB is the larger fund by AUM.
How are ZEB and RBNK managed?
ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark. RBNK is passively managed by RBC Global Asset Management. It tracks the Solactive Canada Bank Yield Index - CAD benchmark.
What sectors do ZEB and RBNK emphasize?
ZEB is most exposed to Financials. RBNK is most exposed to Financials.
Which ETF is attracting more investor flows: ZEB or RBNK?
Year to date, ZEB has seen -$723.44 M in net flows, compared with +$0.10 M for RBNK. RBNK has attracted more net investor money so far.
How do the fees of ZEB and RBNK compare?
ZEB has an expense ratio of 0.28%, while RBNK has an expense ratio of 0.32%.
What are the top holdings of ZEB and RBNK?
ZEB's largest holdings include CDN IMPERIAL BK, NATIONAL BANK OF CANADA, and TORONTO DOMINION. RBNK's top holdings include BANK OF MONTREAL, BNS, and CDN IMPERIAL BK.
Which ETF is more diversified: ZEB or RBNK?
ZEB holds 6 securities, while RBNK holds 6. On holdings count, ZEB is the more diversified portfolio.
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