BMO Equal Weight Global Gold Index ETF (ZGD) and Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZGD focuses its top 3 sector exposures on Materials, while HEWB leans towards Financials. When evaluating costs, ZGD features a management fee (MER) of 0.55%, compared to 0.28% for HEWB. Performance-wise, ZGD has returned 6.01% year-to-date with +$50 M in net flows, whereas HEWB is at 14.46% with +$12 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
| AuM | $337.94 M | $288.82 M |
| Management Fees | 0.55% | 0.28% |
| Exp. ratio | 0.60% | 0.28% |
| Tracking Difference | -0.97% | -0.80% |
Historical performance and flows
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZGD | -8.82% | -2.35% | +6.01% | +109.67% | +261.50% |
HEWB | +10.90% | +13.00% | +14.46% | +66.21% | +117.59% | |
| Flows | ZGD | -$0 M | +$11 M | +$50 M | +$59 M | +$91 M |
HEWB | +$8 M | +$9 M | +$12 M | +$7 M | -$3 M |
ZGD vs HEWB exposure
Countries
Sectors
Top 10 Holdings
Diversification
Characteristics
| Provider | BMO | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Equal Weight Global Gold Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 0.21% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | November 14, 2012 | January 23, 2019 |
Frequently asked questions about ZGD and HEWB
Which ETF has performed better year to date: ZGD or HEWB?
Which ETF is larger by assets under management: ZGD or HEWB?
How are ZGD and HEWB managed?
What sectors do ZGD and HEWB emphasize?
Which ETF is attracting more investor flows: ZGD or HEWB?
How do the fees of ZGD and HEWB compare?
What are the top holdings of ZGD and HEWB?
Which ETF is more diversified: ZGD or HEWB?
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