VS
BMO Equal Weight Oil & Gas Index ETF (ZEO) and BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF (NRGU) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZEO focuses its top 3 sector exposures on Energy, while NRGU leans towards Energy. When evaluating costs, ZEO features a management fee (MER) of 0.55%, compared to 1.15% for NRGU. Performance-wise, ZEO has returned 39.13% year-to-date with +$40 M in net flows, whereas NRGU is at 107.23% with -$11 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
NRGU
| AuM | $361.41 M | $48.53 M |
| Management Fees | 0.55% | 1.15% |
| Exp. ratio | 0.60% | 1.64% |
| Tracking Difference | -1.00% | - |
Historical performance and flows
As of May 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZEO | +13.13% | +21.34% | +39.13% | +56.74% | +109.02% |
NRGU | +21.27% | +51.64% | +107.23% | +181.45% | +235.67% | |
| Flows | ZEO | -$15 M | +$42 M | +$40 M | +$46 M | -$1 M |
NRGU | -$10 M | -$9 M | -$11 M | -$22 M | -$60 M |
ZEO vs NRGU exposure
Countries
ZEO
Canada
100.00%
NRGU
Canada
85.70%
Other
14.30%
Sectors
ZEO
Energy
92.01%
Other
7.99%
NRGU
Energy
85.70%
Other
14.30%
As of May 15, 2026
Top 10 Holdings
ZEO
CENOVUS ENERGY
9.16%
SUNCOR ENERGY
9.07%
WHITECAP RESOURCES
8.62%
ARC RESOURCES
8.60%
IMPERIAL OIL
8.57%
CDN NATURAL RESOURCE
8.33%
TOURMALINE OIL
8.29%
CA83671M1059
7.99%
PEMBINA PIPELINE
7.92%
KEYERA
7.88%
NRGU
CDN NATURAL RESOURCE
24.77%
SUNCOR ENERGY
23.27%
CENOVUS ENERGY
10.05%
TOURMALINE OIL
8.38%
ARC RESOURCES
5.58%
IMPERIAL OIL
5.19%
PRAIRIESKY ROYALTY
2.42%
MEG ENERGY
2.24%
WHITECAP RESOURCES
2.16%
CRESCENT POINT ENERGY
1.64%
Diversification
ZEO
Total weight of top 10 holdings out of 12 total
84.43%
NRGU
Total weight of top 10 holdings out of 10 total
85.70%
Characteristics
Compare
ZEO
NRGU
| Provider | BMO | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Equal Weight Canada Oil & Gas Index - CAD | S&P/TSX Capped Energy Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 2.56% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | October 20, 2009 | June 18, 2007 |
Frequently asked questions about ZEO and NRGU
Which ETF has performed better year to date: ZEO or NRGU?
As of May 15, 2026, ZEO has returned 39.13% year to date, while NRGU has returned 107.23%. NRGU is ahead on YTD performance.
Which ETF is larger by assets under management: ZEO or NRGU?
As of May 15, 2026, ZEO manages $361.41 M in assets, while NRGU manages $48.53 M. ZEO is the larger fund by AUM.
How are ZEO and NRGU managed?
ZEO is passively managed by BMO. It tracks the Solactive Equal Weight Canada Oil & Gas Index - CAD benchmark. NRGU is passively managed by Global X. It tracks the S&P/TSX Capped Energy Total Return Index - CAD benchmark.
What sectors do ZEO and NRGU emphasize?
ZEO is most exposed to Energy. NRGU is most exposed to Energy.
Which ETF is attracting more investor flows: ZEO or NRGU?
Year to date, ZEO has seen +$39.79 M in net flows, compared with -$10.61 M for NRGU. ZEO has attracted more net investor money so far.
How do the fees of ZEO and NRGU compare?
ZEO has an expense ratio of 0.60%, while NRGU has an expense ratio of 1.64%.
What are the top holdings of ZEO and NRGU?
ZEO's largest holdings include CENOVUS ENERGY, SUNCOR ENERGY, and WHITECAP RESOURCES. NRGU's top holdings include CDN NATURAL RESOURCE, SUNCOR ENERGY, and CENOVUS ENERGY.
Which ETF is more diversified: ZEO or NRGU?
ZEO holds 12 securities, while NRGU holds 10. On holdings count, ZEO is the more diversified portfolio.
Recent articles about ZEO and NRGU
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