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Compare BMO Equal Weight Industrials Index ETF (ZIN) vs iShares S&P/TSX Capped Energy Index ETF (XEG) to find the best fit for your portfolio. ZIN provides Industrials, Energy, and Business Services exposures, while XEG is primarily weighted in Energy, Finance, and Non-Energy Materials. When evaluating costs, ZIN features a management fee (MER) of 0.55%, compared to 0.55% for XEG. Performance-wise, ZIN has returned 20.03% year-to-date with +$6 M in net flows, whereas XEG is at 52.81% with +$10 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
XEG
| AuM | $57.94 M | $2,391.97 M |
| Management Fees | 0.55% | 0.55% |
| Exp. ratio | 0.61% | 0.61% |
| Tracking Difference | -0.78% | 4.63% |
Historical performance and flows
As of September 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZIN | -3.64% | +0.64% | +20.03% | +27.47% | +69.11% |
XEG | +2.82% | +15.44% | +52.81% | +59.55% | +84.91% | |
| Flows | ZIN | +$0 M | +$3 M | +$6 M | +$3 M | -$40 M |
XEG | -$31 M | -$151 M | +$10 M | +$215 M | -$400 M |
ZIN vs XEG exposure
Countries
ZIN
Canada
92.99%
USA
7.01%
XEG
Canada
99.97%
Sectors
ZIN
Industrials
74.31%
Energy
10.08%
Business Services
7.70%
Other
7.91%
XEG
Energy
95.44%
As of September 16, 2026
Top 10 Holdings
ZIN
Bird Construction, Inc.
4.92%
Brookfield Business Corp.
4.71%
Mullen Group Ltd.
3.93%
NFI Group, Inc.
3.67%
Air Canada
3.55%
Russel Metals, Inc.
3.42%
Bombardier, Inc.
3.22%
Hammond Power Solutions, Inc.
3.19%
Westshore Terminals Investment Corp.
3.06%
Badger Infrastructure Solutions Ltd.
3.05%
XEG
Suncor Energy, Inc.
25.76%
Canadian Natural Resources Ltd.
25.07%
Cenovus Energy, Inc.
13.38%
Imperial Oil Ltd.
6.32%
Tourmaline Oil Corp.
5.36%
Whitecap Resources, Inc.
4.66%
ARC Resources Ltd.
4.36%
PrairieSky Royalty Ltd.
1.89%
Tamarack Valley Energy Ltd.
1.49%
Peyto Exploration & Development Corp.
1.22%
Diversification
ZIN
Total weight of top 10 holdings out of 36 total
36.73%
XEG
Total weight of top 10 holdings out of 27 total
89.50%
Characteristics
Compare
ZIN
XEG
| Provider | BMO | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Equal Weight Canada Industrials Index - CAD | S&P/TSX Capped Energy Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.90% | 2.41% |
| Meets ESG criteria | No | No |
| Inception Date | November 14, 2012 | March 19, 2001 |
Frequently asked questions about ZIN and XEG
Which ETF has performed better year to date: ZIN or XEG?
As of September 16, 2026, ZIN has returned 20.03% year to date, while XEG has returned 52.81%. XEG is ahead on YTD performance.
Which ETF is larger by assets under management: ZIN or XEG?
As of September 16, 2026, ZIN manages $57.94 M in assets, while XEG manages $2.39 B. XEG is the larger fund by AUM.
How are ZIN and XEG managed?
ZIN is passively managed by BMO. It tracks the Solactive Equal Weight Canada Industrials Index - CAD benchmark. XEG is passively managed by iShares. It tracks the S&P/TSX Capped Energy Index - CAD benchmark.
What sectors do ZIN and XEG emphasize?
ZIN is most exposed to Industrials, Energy, and Business Services. XEG is most exposed to Energy, Finance, and Non-Energy Materials.
Which ETF is attracting more investor flows: ZIN or XEG?
Year to date, ZIN has seen +$5.66 M in net flows, compared with +$10.48 M for XEG. XEG has attracted more net investor money so far.
How do the fees of ZIN and XEG compare?
ZIN has an expense ratio of 0.61%, while XEG has an expense ratio of 0.61%.
What are the top holdings of ZIN and XEG?
ZIN's largest holdings include Bird Construction, Inc., Brookfield Business Corp., and Mullen Group Ltd.. XEG's top holdings include Suncor Energy, Inc., Canadian Natural Resources Ltd., and Cenovus Energy, Inc..
Which ETF is more diversified: ZIN or XEG?
ZIN holds 36 securities, while XEG holds 27. On holdings count, ZIN is the more diversified portfolio.
Recent articles about ZIN and XEG
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