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BMO Global Infrastructure Fund Active ETF Series (ZGIF) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZGIF focuses its top 3 sector exposures on Utilities, Industrials, and Energy, while ZEB leans towards Finance. When evaluating costs, ZGIF features a management fee (MER) of 1.19%, compared to 0.25% for ZEB. Performance-wise, ZGIF has returned 8.01% year-to-date with +$2 M in net flows, whereas ZEB is at 29.29% with +$114 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
ZGIF
ZEB
| AuM | $3.19 M | $6,918.89 M |
| Management Fees | 1.19% | 0.25% |
| Exp. ratio | 1.16% | 0.28% |
| Tracking Difference | - | -0.51% |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZGIF | +2.58% | -3.20% | +8.01% | +4.92% | +64.66% |
ZEB | -0.38% | -5.07% | +29.29% | +45.06% | +164.94% | |
| Flows | ZGIF | +$0 M | +$1 M | +$2 M | +$2 M | -$18 M |
ZEB | -$450 M | -$94 M | +$114 M | +$753 M | -$879 M |
ZGIF vs ZEB exposure
Countries
ZGIF
USA
47.69%
Canada
11.85%
Spain
10.40%
Other
30.05%
ZEB
Canada
100.00%
Sectors
ZGIF
Utilities
52.57%
Industrials
27.73%
Energy
15.18%
ZEB
Finance
100.00%
As of October 16, 2026
Top 10 Holdings
ZGIF
Aena S.M.E. SA
6.33%
NextEra Energy, Inc.
5.38%
Duke Energy Corp.
4.47%
Transurban Group Ltd.
4.44%
Iberdrola SA
4.08%
Enbridge, Inc.
3.76%
The Southern Co.
3.70%
The Williams Cos., Inc.
3.26%
GEK Terna SA
3.16%
Union Pacific Corp.
3.14%
ZEB
The Bank of Nova Scotia
17.59%
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.16%
Bank of Montreal
16.64%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.42%
Diversification
ZGIF
Total weight of top 10 holdings out of 38 total
41.70%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
ZGIF
ZEB
| Provider | BMO | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.83% | 2.38% |
| Meets ESG criteria | No | No |
| Inception Date | June 26, 2023 | October 20, 2009 |
Frequently asked questions about ZGIF and ZEB
Which ETF has performed better year to date: ZGIF or ZEB?
As of October 16, 2026, ZGIF has returned 8.01% year to date, while ZEB has returned 29.29%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: ZGIF or ZEB?
As of October 16, 2026, ZGIF manages $3.19 M in assets, while ZEB manages $6.92 B. ZEB is the larger fund by AUM.
How are ZGIF and ZEB managed?
ZGIF is actively managed by BMO. It does not track an index. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do ZGIF and ZEB emphasize?
ZGIF is most exposed to Utilities, Industrials, and Energy. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: ZGIF or ZEB?
Year to date, ZGIF has seen +$2.14 M in net flows, compared with +$114.06 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of ZGIF and ZEB compare?
ZGIF has an expense ratio of 1.16%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of ZGIF and ZEB?
ZGIF's largest holdings include Aena S.M.E. SA, NextEra Energy, Inc., and Duke Energy Corp.. ZEB's top holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Royal Bank of Canada.
Which ETF is more diversified: ZGIF or ZEB?
ZGIF holds 38 securities, while ZEB holds 6. On holdings count, ZGIF is the more diversified portfolio.
Recent articles about ZGIF and ZEB
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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.