VS
BMO Growth ETF (ZGRO) and Brompton Enhanced Multi-Asset Income ETF (BMAX) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZGRO focuses its top 3 sector exposures on Technology, Finance, and Industrials, while BMAX leans towards Finance, Technology, and Healthcare. When evaluating costs, ZGRO features a management fee (MER) of 0.18%, compared to 0% for BMAX. Performance-wise, ZGRO has returned 13.33% year-to-date with +$171 M in net flows, whereas BMAX is at 9.06% with +$50 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
ZGRO
BMAX
| AuM | $825.94 M | $177.17 M |
| Management Fees | 0.18% | 0.00% |
| Exp. ratio | 0.20% | 2.62% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZGRO | +0.98% | +2.23% | +13.33% | +16.43% | +71.10% |
BMAX | -2.68% | -1.99% | +9.06% | +13.42% | +63.50% | |
| Flows | ZGRO | +$16 M | +$50 M | +$171 M | +$209 M | +$429 M |
BMAX | +$5 M | +$19 M | +$50 M | +$55 M | +$114 M |
ZGRO vs BMAX exposure
Countries
ZGRO
USA
43.28%
Canada
33.80%
Other
22.92%
BMAX
USA
47.31%
Canada
19.06%
Other
13.58%
Other
20.05%
Sectors
ZGRO
Technology
22.02%
Finance
21.92%
Industrials
8.41%
Sovereign
7.45%
Other
40.21%
BMAX
Finance
27.61%
Technology
16.79%
Other
13.58%
Healthcare
11.74%
Industrials
10.22%
Other
20.06%
As of September 18, 2026
Top 10 Holdings
ZGRO
Apple, Inc.
2.77%
NVIDIA Corp.
2.68%
Canada, Bond 0.5 1oct2030 10Y
2.57%
Microsoft Corp.
1.90%
Royal Bank of Canada
1.66%
Amazon.com, Inc.
1.31%
The Toronto-Dominion Bank
1.13%
Alphabet, Inc.
1.11%
Broadcom Inc.
1.04%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.03%
BMAX
CA11221N1096
7.49%
CA11222J1075
4.85%
Alphabet, Inc.
2.06%
JPMorgan Chase & Co.
1.73%
Welltower, Inc.
1.55%
Apple, Inc.
1.34%
Dividend 15 Split Corp.
1.29%
Dividend Growth Split Corp.
1.19%
Corning, Inc.
1.14%
Iberdrola SA
1.14%
Diversification
ZGRO
Total weight of top 10 holdings out of 19,892 total
17.20%
BMAX
Total weight of top 10 holdings out of 160 total
23.77%
Characteristics
Compare
ZGRO
BMAX
| Provider | BMO | Brompton Group |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.41% | 10.07% |
| Meets ESG criteria | No | No |
| Inception Date | February 15, 2019 | October 20, 2022 |
Frequently asked questions about ZGRO and BMAX
Which ETF has performed better year to date: ZGRO or BMAX?
As of September 18, 2026, ZGRO has returned 13.33% year to date, while BMAX has returned 9.06%. ZGRO is ahead on YTD performance.
Which ETF is larger by assets under management: ZGRO or BMAX?
As of September 18, 2026, ZGRO manages $825.94 M in assets, while BMAX manages $177.17 M. ZGRO is the larger fund by AUM.
How are ZGRO and BMAX managed?
ZGRO is actively managed by BMO. It does not track an index. BMAX is actively managed by Brompton Group. It does not track an index.
What sectors do ZGRO and BMAX emphasize?
ZGRO is most exposed to Technology, Finance, and Industrials. BMAX is most exposed to Finance, Technology, and Healthcare.
Which ETF is attracting more investor flows: ZGRO or BMAX?
Year to date, ZGRO has seen +$170.65 M in net flows, compared with +$49.84 M for BMAX. ZGRO has attracted more net investor money so far.
How do the fees of ZGRO and BMAX compare?
ZGRO has an expense ratio of 0.20%, while BMAX has an expense ratio of 2.62%.
What are the top holdings of ZGRO and BMAX?
ZGRO's largest holdings include Apple, Inc., NVIDIA Corp., and Canada, Bond 0.5 1oct2030 10Y. BMAX's top holdings include Alphabet, Inc. and JPMorgan Chase & Co..
Which ETF is more diversified: ZGRO or BMAX?
ZGRO holds 11658 securities, while BMAX holds 152. On holdings count, ZGRO is the more diversified portfolio.
Recent articles about ZGRO and BMAX
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