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Compare BMO Equal Weight Industrials Index ETF (ZIN) vs Global X Equal Weight Canadian Banks Index ETF (HBNK) to find the best fit for your portfolio. ZIN provides Industrials, Energy, and Non-Energy Materials exposures, while HBNK is primarily weighted in Finance. When evaluating costs, ZIN features a management fee (MER) of 0.55%, compared to 0.09% for HBNK. Performance-wise, ZIN has returned 23.23% year-to-date with +$9 M in net flows, whereas HBNK is at 33.3% with -$517 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
ZIN
HBNK
| AuM | $62.40 M | $730.05 M |
| Management Fees | 0.55% | 0.09% |
| Exp. ratio | 0.61% | 0.10% |
| Tracking Difference | -0.76% | -0.34% |
Historical performance and flows
As of November 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZIN | -1.85% | -1.87% | +23.23% | +23.83% | +86.23% |
HBNK | +3.72% | +0.33% | +33.30% | +45.06% | +177.40% | |
| Flows | ZIN | +$3 M | +$3 M | +$9 M | +$9 M | -$7 M |
HBNK | -$35 M | -$1 M | -$517 M | -$586 M | -$295 M |
ZIN vs HBNK exposure
Countries
ZIN
Canada
94.60%
HBNK
Canada
99.73%
Sectors
ZIN
Industrials
75.14%
Energy
11.07%
Other
13.79%
HBNK
Finance
99.73%
As of November 2, 2026
Top 10 Holdings
ZIN
Hammond Power Solutions, Inc.
3.34%
Finning International, Inc.
3.33%
Aecon Group, Inc.
3.27%
Bird Construction, Inc.
3.23%
Toromont Industries Ltd.
3.22%
Russel Metals, Inc.
3.22%
Badger Infrastructure Solutions Ltd.
3.16%
Cargojet, Inc.
3.11%
Westshore Terminals Investment Corp.
3.05%
Mullen Group Ltd.
2.98%
HBNK
The Bank of Nova Scotia
17.08%
The Toronto-Dominion Bank
17.02%
Bank of Montreal
16.77%
Canadian Imperial Bank of Commerce
16.48%
Royal Bank of Canada
16.43%
National Bank of Canada
15.95%
Diversification
ZIN
Total weight of top 10 holdings out of 35 total
31.92%
HBNK
Total weight of top 10 holdings out of 6 total
99.73%
Characteristics
Compare
ZIN
HBNK
| Provider | BMO | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Equal Weight Canada Industrials Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.81% | 2.63% |
| Meets ESG criteria | No | No |
| Inception Date | November 14, 2012 | July 5, 2023 |
Frequently asked questions about ZIN and HBNK
Which ETF has performed better year to date: ZIN or HBNK?
As of November 2, 2026, ZIN has returned 23.23% year to date, while HBNK has returned 33.30%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: ZIN or HBNK?
As of November 2, 2026, ZIN manages $62.40 M in assets, while HBNK manages $730.05 M. HBNK is the larger fund by AUM.
How are ZIN and HBNK managed?
ZIN is passively managed by BMO. It tracks the Solactive Equal Weight Canada Industrials Index - CAD benchmark. HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do ZIN and HBNK emphasize?
ZIN is most exposed to Industrials, Energy, and Non-Energy Materials. HBNK is most exposed to Finance.
Which ETF is attracting more investor flows: ZIN or HBNK?
Year to date, ZIN has seen +$8.71 M in net flows, compared with -$517.15 M for HBNK. ZIN has attracted more net investor money so far.
How do the fees of ZIN and HBNK compare?
ZIN has an expense ratio of 0.61%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of ZIN and HBNK?
ZIN's largest holdings include Hammond Power Solutions, Inc., Finning International, Inc., and Aecon Group, Inc.. HBNK's top holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Bank of Montreal.
Which ETF is more diversified: ZIN or HBNK?
ZIN holds 35 securities, while HBNK holds 6. On holdings count, ZIN is the more diversified portfolio.
Recent articles about ZIN and HBNK
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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.