VS
Compare BMO Equal Weight Oil & Gas Index ETF (ZEO) vs Global X Equal Weight Canadian Pipeline Index ETF - CAD (PPLN) to find the best fit for your portfolio. ZEO and PPLN provide the same top sector exposures: Energy. When evaluating costs, ZEO features a management fee (MER) of 0.55%, compared to 0.74% for PPLN. Performance-wise, ZEO has returned 36.65% year-to-date with +$37 M in net flows, whereas PPLN is at 32.27% with -$16 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
PPLN
| AuM | $352.26 M | $126.94 M |
| Management Fees | 0.55% | 0.74% |
| Exp. ratio | 0.60% | 0.31% |
| Tracking Difference | -0.95% | -0.24% |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZEO | +1.32% | +10.22% | +36.65% | +47.98% | +106.59% |
PPLN | +7.20% | +13.26% | +32.27% | +43.19% | +72.78% | |
| Flows | ZEO | -$8 M | +$18 M | +$37 M | +$44 M | +$2 M |
PPLN | -$5 M | +$12 M | -$16 M | +$59 M | +$65 M |
ZEO vs PPLN exposure
Countries
ZEO
Canada
100.00%
PPLN
Canada
78.98%
Other
21.02%
Sectors
ZEO
Energy
92.30%
Other
7.70%
PPLN
Energy
78.98%
Other
21.02%
As of June 12, 2026
Top 10 Holdings
ZEO
CENOVUS ENERGY
9.83%
ARC RESOURCES
9.36%
SUNCOR ENERGY
9.14%
WHITECAP RESOURCES
8.88%
IMPERIAL OIL
8.55%
CDN NATURAL RESOURCE
7.89%
PEMBINA PIPELINE
7.84%
TOURMALINE OIL
7.83%
TC ENERGY CORP
7.77%
CA83671M1059
7.70%
PPLN
KEYERA
20.23%
TC ENERGY CORP
20.04%
ENBRIDGE
19.37%
PEMBINA PIPELINE
19.34%
Diversification
ZEO
Total weight of top 10 holdings out of 12 total
84.79%
PPLN
Total weight of top 10 holdings out of 4 total
78.98%
Characteristics
Compare
ZEO
PPLN
| Provider | BMO | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Equal Weight Canada Oil & Gas Index - CAD | Mirae Asset Equal Weight Canadian Pipeline Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.60% | 4.14% |
| Meets ESG criteria | No | No |
| Inception Date | October 20, 2009 | July 14, 2014 |
Frequently asked questions about ZEO and PPLN
Which ETF has performed better year to date: ZEO or PPLN?
As of June 12, 2026, ZEO has returned 36.65% year to date, while PPLN has returned 32.27%. ZEO is ahead on YTD performance.
Which ETF is larger by assets under management: ZEO or PPLN?
As of June 12, 2026, ZEO manages $352.26 M in assets, while PPLN manages $126.94 M. ZEO is the larger fund by AUM.
How are ZEO and PPLN managed?
ZEO is passively managed by BMO. It tracks the Solactive Equal Weight Canada Oil & Gas Index - CAD benchmark. PPLN is passively managed by Global X. It tracks the Mirae Asset Equal Weight Canadian Pipeline Index - CAD benchmark.
What sectors do ZEO and PPLN emphasize?
ZEO is most exposed to Energy. PPLN is most exposed to Energy.
Which ETF is attracting more investor flows: ZEO or PPLN?
Year to date, ZEO has seen +$37.00 M in net flows, compared with -$15.80 M for PPLN. ZEO has attracted more net investor money so far.
How do the fees of ZEO and PPLN compare?
ZEO has an expense ratio of 0.60%, while PPLN has an expense ratio of 0.31%.
What are the top holdings of ZEO and PPLN?
ZEO's largest holdings include CENOVUS ENERGY, ARC RESOURCES, and SUNCOR ENERGY. PPLN's top holdings include KEYERA, TC ENERGY CORP, and ENBRIDGE.
Which ETF is more diversified: ZEO or PPLN?
ZEO holds 12 securities, while PPLN holds 4. On holdings count, ZEO is the more diversified portfolio.
Recent articles about ZEO and PPLN
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.