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Compare BMO SIA Focused North American Equity Fund ETF (ZFN) vs BMO MSCI EAFE Index ETF (ZEA) to find the best fit for your portfolio. ZFN provides Finance, Energy, and Technology exposures, while ZEA is primarily weighted in Finance, Industrials, and Technology. When evaluating costs, ZFN features a management fee (MER) of 0.75%, compared to 0.2% for ZEA. Performance-wise, ZFN has returned 9.33% year-to-date with -$30 M in net flows, whereas ZEA is at 11.21% with +$1 B. 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
ZEA
| AuM | $197.07 M | $13,686.56 M |
| Management Fees | 0.75% | 0.20% |
| Exp. ratio | 0.82% | 0.22% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZFN | -0.81% | -9.89% | -9.33% | -10.54% | +50.15% |
ZEA | -2.46% | -3.02% | +11.21% | +12.72% | +70.83% | |
| Flows | ZFN | -$5 M | -$27 M | -$30 M | -$73 M | +$10 M |
ZEA | +$340 M | +$653 M | +$1,353 M | +$1,542 M | +$3,273 M |
ZFN vs ZEA exposure
Countries
ZFN
Canada
48.51%
USA
41.55%
Other
9.94%
ZEA
Japan
26.51%
United Kingdom
13.43%
Switzerland
8.79%
Germany
7.81%
France
7.67%
Other
35.78%
Sectors
ZFN
Finance
24.94%
Energy
17.70%
Technology
16.69%
Non-Energy Materials
16.65%
Other
24.02%
ZEA
Finance
27.00%
Industrials
16.12%
Technology
13.28%
Healthcare
9.07%
Non-Energy Materials
7.63%
Consumer Non-Cyclicals
7.62%
Other
19.29%
As of October 30, 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%
ZEA
US46432F8427
100.00%
Diversification
ZFN
Total weight of top 10 holdings out of 18 total
62.28%
ZEA
Total weight of top 10 holdings out of 2,621 total
100.00%
Characteristics
Compare
ZFN
ZEA
| Provider | BMO | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | MSCI EAFE Net Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.55% | 1.98% |
| Meets ESG criteria | No | No |
| Inception Date | December 11, 2018 | February 10, 2014 |
Frequently asked questions about ZFN and ZEA
Which ETF has performed better year to date: ZFN or ZEA?
As of October 30, 2026, ZFN has returned -9.33% year to date, while ZEA has returned 11.21%. ZEA is ahead on YTD performance.
Which ETF is larger by assets under management: ZFN or ZEA?
As of October 30, 2026, ZFN manages $197.07 M in assets, while ZEA manages $13.69 B. ZEA is the larger fund by AUM.
How are ZFN and ZEA managed?
ZFN is actively managed by BMO. It does not track an index. ZEA is passively managed by BMO. It tracks the MSCI EAFE Net Total Return Index - CAD benchmark.
Which ETF is more diversified: ZFN or ZEA?
ZFN holds 18 securities, while ZEA holds 1. On holdings count, ZFN is the more diversified portfolio.
Which ETF is attracting more investor flows: ZFN or ZEA?
Year to date, ZFN has seen -$29.68 M in net flows, compared with +$1,352.79 M for ZEA. ZEA has attracted more net investor money so far.
How do the fees of ZFN and ZEA compare?
ZFN has an expense ratio of 0.82%, while ZEA has an expense ratio of 0.22%.
What sectors do ZFN and ZEA emphasize?
ZFN is most exposed to Finance, Energy, and Technology. ZEA is most exposed to Finance, Industrials, and Technology.
Recent articles about ZFN and ZEA
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