VS
When evaluating costs, ZEO features a management fee (MER) of 0.55%, compared to 1.5% for NNRG.U. Performance-wise, ZEO has returned 41.99% year-to-date with +$138 M in net flows, whereas NNRG.U is at 47.05% with +$44 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
ZEO
NNRG.U
| AuM | $469.27 M | $329.63 M |
| Management Fees | 0.55% | 1.50% |
| Exp. ratio | 0.60% | 1.79% |
| Tracking Difference | -0.97% | - |
Historical performance and flows
As of August 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZEO | +3.20% | -0.04% | +41.99% | +53.26% | +96.24% |
NNRG.U | +8.55% | -3.06% | +47.05% | +74.24% | +76.64% | |
| Flows | ZEO | +$25 M | +$99 M | +$138 M | +$134 M | +$106 M |
NNRG.U | -$0 M | +$2 M | +$44 M | +$19 M | -$123 M |
ZEO vs NNRG.U exposure
Countries
ZEO
Canada
100.00%
NNRG.U
Exposure data will be available soon
Sectors
ZEO
Energy
100.00%
NNRG.U
Exposure data will be available soon
As of August 18, 2026
Top 10 Holdings
ZEO
Cenovus Energy, Inc.
9.10%
ARC Resources Ltd.
8.92%
TC Energy Corp.
8.85%
South Bow Corp.
8.83%
Keyera Corp.
8.64%
Pembina Pipeline Corp.
8.63%
Whitecap Resources, Inc.
8.55%
Enbridge, Inc.
8.43%
Imperial Oil Ltd.
7.89%
Suncor Energy, Inc.
7.80%
NNRG.U
Exposure data will be available soon
Diversification
ZEO
Total weight of top 10 holdings out of 12 total
85.64%
NNRG.U
Exposure data will be available soon
Characteristics
Compare
ZEO
NNRG.U
| Provider | BMO | Ninepoint Partners |
| Management | Passively managed | Actively managed |
| Benchmark | Solactive Equal Weight Canada Oil & Gas Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.65% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | October 20, 2009 | February 25, 2022 |
Frequently asked questions about ZEO and NNRG.U
Which ETF has performed better year to date: ZEO or NNRG.U?
As of August 18, 2026, ZEO has returned 41.99% year to date, while NNRG.U has returned 47.05%. NNRG.U is ahead on YTD performance.
Which ETF is larger by assets under management: ZEO or NNRG.U?
As of August 18, 2026, ZEO manages $469.27 M in assets, while NNRG.U manages $329.63 M. ZEO is the larger fund by AUM.
How are ZEO and NNRG.U managed?
ZEO is passively managed by BMO. It tracks the Solactive Equal Weight Canada Oil & Gas Index - CAD benchmark. NNRG.U is actively managed by Ninepoint Partners. It does not track an index.
Which ETF is attracting more investor flows: ZEO or NNRG.U?
Year to date, ZEO has seen +$138.31 M in net flows, compared with +$43.87 M for NNRG.U. ZEO has attracted more net investor money so far.
How do the fees of ZEO and NNRG.U compare?
ZEO has an expense ratio of 0.60%, while NNRG.U has an expense ratio of 1.79%.
Recent articles about ZEO and NNRG.U
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