VS
When evaluating costs, ZFN features a management fee (MER) of 0.75%, compared to 0.35% for FCMO. Performance-wise, ZFN has returned 9.05% year-to-date with -$30 M in net flows, whereas FCMO is at 20.22% with +$874 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
ZFN
FCMO
| AuM | $197.67 M | $2,577.00 M |
| Management Fees | 0.75% | 0.35% |
| Exp. ratio | 0.82% | 0.38% |
| Tracking Difference | - | -0.50% |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZFN | -1.86% | -8.21% | -9.05% | -10.88% | +50.61% |
FCMO | -3.23% | +5.71% | +20.22% | +17.72% | +130.93% | |
| Flows | ZFN | -$5 M | -$27 M | -$30 M | -$70 M | +$10 M |
FCMO | +$71 M | +$197 M | +$874 M | +$1,059 M | +$1,964 M |
ZFN vs FCMO exposure
Countries
ZFN
Canada
48.51%
USA
41.55%
Other
9.94%
FCMO
Exposure data will be available soon
Sectors
ZFN
Finance
24.94%
Energy
17.70%
Technology
16.69%
Non-Energy Materials
16.65%
Other
24.02%
FCMO
Exposure data will be available soon
As of October 29, 2026
Top 10 Holdings
ZFN
Palantir Technologies, Inc.
6.59%
Manulife Financial Corp.
6.51%
Merck & Co., Inc.
6.36%
Canadian Imperial Bank of Commerce
6.36%
First Quantum Minerals Ltd.
6.29%
Advanced Micro Devices, Inc.
6.17%
Power Corp of Canada
6.05%
Suncor Energy, Inc.
6.05%
The Bank of New York Mellon Corp.
6.02%
General Motors Co.
5.88%
FCMO
Exposure data will be available soon
Diversification
ZFN
Total weight of top 10 holdings out of 18 total
62.28%
FCMO
Exposure data will be available soon
Characteristics
Compare
ZFN
FCMO
| Provider | BMO | Fidelity |
| Management | Actively managed | Passively managed |
| Benchmark | - | Fidelity Canada U.S. Momentum GTR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.55% | 0.31% |
| Meets ESG criteria | No | No |
| Inception Date | December 11, 2018 | June 10, 2020 |
Frequently asked questions about ZFN and FCMO
Which ETF has performed better year to date: ZFN or FCMO?
As of October 29, 2026, ZFN has returned -9.05% year to date, while FCMO has returned 20.22%. FCMO is ahead on YTD performance.
Which ETF is larger by assets under management: ZFN or FCMO?
As of October 29, 2026, ZFN manages $197.67 M in assets, while FCMO manages $2.58 B. FCMO is the larger fund by AUM.
How are ZFN and FCMO managed?
ZFN is actively managed by BMO. It does not track an index. FCMO is passively managed by Fidelity. It tracks the Fidelity Canada U.S. Momentum GTR Index - CAD benchmark.
Which ETF is attracting more investor flows: ZFN or FCMO?
Year to date, ZFN has seen -$29.68 M in net flows, compared with +$873.89 M for FCMO. FCMO has attracted more net investor money so far.
How do the fees of ZFN and FCMO compare?
ZFN has an expense ratio of 0.82%, while FCMO has an expense ratio of 0.38%.
Recent articles about ZFN and FCMO
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