BMO Growth ETF (ZGRO.T) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZGRO.T focuses its top 3 sector exposures on Information Technology, Financials, and Industrials, while ZEB leans towards Financials. When evaluating costs, ZGRO.T features a management fee (MER) of 0.2%, compared to 0.25% for ZEB. Performance-wise, ZGRO.T has returned 5.28% year-to-date with +$44 M in net flows, whereas ZEB is at 12.17% with -$960 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.T
ZEB
| AuM | $83.39 M | $5,193.81 M |
| Management Fees | 0.20% | 0.25% |
| Exp. ratio | 0.20% | 0.28% |
| Tracking Difference | - | -0.60% |
Historical performance and flows
As of April 22, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZGRO.T | +6.32% | +2.47% | +5.28% | +29.21% | +58.00% |
ZEB | +11.05% | +10.60% | +12.17% | +68.77% | +113.50% | |
| Flows | ZGRO.T | +$24 M | +$43 M | +$44 M | +$59 M | +$76 M |
ZEB | -$158 M | -$973 M | -$960 M | -$2,319 M | -$1,248 M |
ZGRO.T vs ZEB exposure
Countries
ZGRO.T
USA
43.18%
Canada
34.33%
Other
22.49%
ZEB
Canada
100.00%
Sectors
ZGRO.T
Information Technology
16.93%
Financials
14.19%
Industrials
7.86%
Other
7.25%
Sovereign
7.09%
Other
46.68%
ZEB
Financials
100.00%
As of April 22, 2026
Top 10 Holdings
ZGRO.T
Canada, Bond 0.5 1oct2030 10Y
2.69%
NVIDIA
2.61%
APPLE
2.35%
MICROSOFT-T
1.73%
ROYAL BK CANADA
1.33%
AMAZON.COM INC
1.28%
ALPHABET INC-CL
1.04%
CMHC, 1.9% 15mar2031, CAD (100)
1.01%
TWN SEMICONT MAN
0.95%
TORONTO DOMINION
0.93%
ZEB
ROYAL BK CANADA
17.14%
TORONTO DOMINION
17.02%
BNS
16.62%
BANK OF MONTREAL
16.48%
CDN IMPERIAL BK
16.40%
NATIONAL BANK OF CANADA
16.33%
Diversification
ZGRO.T
Total weight of top 10 holdings out of 19,770 total
15.91%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
ZGRO.T
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, Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.31% | 2.67% |
| Meets ESG criteria | No | No |
| Inception Date | January 23, 2023 | October 20, 2009 |
Frequently asked questions about ZGRO.T and ZEB
Which ETF has performed better year to date: ZGRO.T or ZEB?
As of April 22, 2026, ZGRO.T has returned 5.28% year to date, while ZEB has returned 12.17%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: ZGRO.T or ZEB?
As of April 22, 2026, ZGRO.T manages $83.39 M in assets, while ZEB manages $5.19 B. ZEB is the larger fund by AUM.
How are ZGRO.T and ZEB managed?
ZGRO.T 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 ZGRO.T and ZEB emphasize?
ZGRO.T is most exposed to Information Technology, Financials, and Industrials. ZEB is most exposed to Financials.
Which ETF is attracting more investor flows: ZGRO.T or ZEB?
Year to date, ZGRO.T has seen +$44.43 M in net flows, compared with -$959.52 M for ZEB. ZGRO.T has attracted more net investor money so far.
How do the fees of ZGRO.T and ZEB compare?
ZGRO.T has an expense ratio of 0.20%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of ZGRO.T and ZEB?
ZGRO.T's largest holdings include Canada, Bond 0.5 1oct2030 10Y and NVIDIA. ZEB's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and BNS.
Which ETF is more diversified: ZGRO.T or ZEB?
ZGRO.T holds 10487 securities, while ZEB holds 6. On holdings count, ZGRO.T is the more diversified portfolio.
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