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BMO MSCI All Country World High Quality Index ETF (ZGQ) and BMO MSCI World ESG Leaders Index ETF (ESGG) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZGQ focuses its top 3 sector exposures on Information Technology, Health Care, and Communication Services, while ESGG leans towards Information Technology, Financials, and Communication Services. When evaluating costs, ZGQ features a management fee (MER) of 0.45%, compared to 0.25% for ESGG. Performance-wise, ZGQ has returned 12.87% year-to-date with +$33 M in net flows, whereas ESGG is at 9.67% with -$0 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
ZGQ
ESGG
| AuM | $1,232.19 M | $56.62 M |
| Management Fees | 0.45% | 0.25% |
| Exp. ratio | 0.50% | 0.28% |
| Tracking Difference | -0.23% | -0.08% |
Historical performance and flows
As of May 27, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZGQ | +5.65% | +7.31% | +12.87% | +29.15% | +81.35% |
ESGG | +5.61% | +8.06% | +9.67% | +25.66% | +78.07% | |
| Flows | ZGQ | +$8 M | +$77 M | +$33 M | +$35 M | +$487 M |
ESGG | +$0 M | +$3 M | -$0 M | +$0 M | +$9 M |
ZGQ vs ESGG exposure
Countries
ZGQ
USA
66.27%
Taiwan
7.19%
Other
26.53%
ESGG
USA
68.45%
Other
31.55%
Sectors
ZGQ
Information Technology
37.36%
Health Care
13.16%
Communication Services
12.04%
Industrials
11.63%
Consumer Staples
9.40%
Other
16.41%
ESGG
Information Technology
29.29%
Financials
12.32%
Communication Services
10.27%
Industrials
10.20%
Health Care
10.14%
Consumer Discretionary
9.14%
Other
18.65%
As of May 27, 2026
Top 10 Holdings
ZGQ
TWN SEMICONT MAN
5.69%
APPLE
4.74%
META PLATFORMS
4.63%
NVIDIA
4.48%
MICROSOFT-T
3.69%
ALPHABET INC-CL
2.72%
LILLY
2.66%
VISA INCORPORATION
2.51%
ASML HOLDING
2.46%
ALPHABET INC-CL
2.29%
ESGG
NVIDIA
10.08%
MICROSOFT-T
6.36%
ALPHABET INC-CL
4.00%
ALPHABET INC-CL
3.34%
TESLA
2.52%
LILLY
1.80%
JOHNSON&JOHNSON
1.47%
VISA INCORPORATION
1.27%
ASML HOLDING
1.22%
MASTERCARD
1.05%
Diversification
ZGQ
Total weight of top 10 holdings out of 482 total
35.86%
ESGG
Total weight of top 10 holdings out of 649 total
33.09%
Characteristics
Compare
ZGQ
ESGG
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI ACWI Quality Net Total Return Index - CAD | MSCI World Selection NTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.50% | 0.91% |
| Meets ESG criteria | No | Yes |
| Inception Date | November 5, 2014 | January 27, 2020 |
Frequently asked questions about ZGQ and ESGG
Which ETF has performed better year to date: ZGQ or ESGG?
As of May 27, 2026, ZGQ has returned 12.87% year to date, while ESGG has returned 9.67%. ZGQ is ahead on YTD performance.
Which ETF is larger by assets under management: ZGQ or ESGG?
As of May 27, 2026, ZGQ manages $1.23 B in assets, while ESGG manages $56.62 M. ZGQ is the larger fund by AUM.
How are ZGQ and ESGG managed?
ZGQ is passively managed by BMO. It tracks the MSCI ACWI Quality Net Total Return Index - CAD benchmark. ESGG is passively managed by BMO. It tracks the MSCI World Selection NTR Index - CAD benchmark.
What sectors do ZGQ and ESGG emphasize?
ZGQ is most exposed to Information Technology, Health Care, and Communication Services. ESGG is most exposed to Information Technology, Financials, and Communication Services.
Which ETF is attracting more investor flows: ZGQ or ESGG?
Year to date, ZGQ has seen +$32.50 M in net flows, compared with -$0.07 M for ESGG. ZGQ has attracted more net investor money so far.
How do the fees of ZGQ and ESGG compare?
ZGQ has an expense ratio of 0.50%, while ESGG has an expense ratio of 0.28%.
What are the top holdings of ZGQ and ESGG?
ZGQ's largest holdings include TWN SEMICONT MAN and ALPHABET INC-CL. ESGG's top holdings include NVIDIA, ALPHABET INC-CL, and MICROSOFT-T.
Which ETF is more diversified: ZGQ or ESGG?
ZGQ holds 441 securities, while ESGG holds 613. On holdings count, ESGG is the more diversified portfolio.
Recent articles about ZGQ and ESGG
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