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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 Consumer Discretionary exposures, while XEG is primarily weighted in Energy. When evaluating costs, ZIN features a management fee (MER) of 0.55%, compared to 0.55% for XEG. Performance-wise, ZIN has returned 14.87% year-to-date with +$5 M in net flows, whereas XEG is at 39.08% with +$273 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 | $55.44 M | $2,426.98 M |
| Management Fees | 0.55% | 0.55% |
| Exp. ratio | 0.61% | 0.60% |
| Tracking Difference | -0.86% | 5.17% |
Historical performance and flows
As of April 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZIN | +8.50% | +7.84% | +14.87% | +52.36% | +68.19% |
XEG | -2.66% | +25.36% | +39.08% | +74.13% | +92.76% | |
| Flows | ZIN | +$3 M | +$3 M | +$5 M | +$8 M | -$40 M |
XEG | +$212 M | +$438 M | +$273 M | -$223 M | -$547 M |
ZIN vs XEG exposure
Countries
ZIN
Canada
100.00%
XEG
Canada
99.62%
Sectors
ZIN
Industrials
62.04%
Other
16.17%
Energy
10.99%
Other
10.80%
XEG
Energy
99.17%
As of April 28, 2026
Top 10 Holdings
ZIN
CA1130061007
5.40%
BIRD CONSTRUCTION
3.39%
CA8139211038
3.18%
NFI GROUP INC
3.13%
TRICAN WELL SERVICE
2.98%
WESTSHORE TERMINALS INVESTMENT
2.94%
BRP SUBORDINATE VOTING
2.94%
SUPERIOR PLUS
2.83%
AECON GROUP
2.81%
SAVARIA
2.78%
XEG
SUNCOR ENERGY
26.38%
CDN NATURAL RESOURCE
23.98%
CENOVUS ENERGY
12.23%
IMPERIAL OIL
6.69%
TOURMALINE OIL
5.99%
WHITECAP RESOURCES
4.66%
ARC RESOURCES
4.05%
PRAIRIESKY ROYALTY
1.83%
TAMARACK VALLEY ENERGY
1.37%
PEYTO EXPLORATION DEVELOPMENT
1.36%
Diversification
ZIN
Total weight of top 10 holdings out of 36 total
32.39%
XEG
Total weight of top 10 holdings out of 26 total
88.55%
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 | 1.02% | 2.75% |
| 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 April 28, 2026, ZIN has returned 14.87% year to date, while XEG has returned 39.08%. XEG is ahead on YTD performance.
Which ETF is larger by assets under management: ZIN or XEG?
As of April 28, 2026, ZIN manages $55.44 M in assets, while XEG manages $2.43 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 Consumer Discretionary. XEG is most exposed to Energy.
Which ETF is attracting more investor flows: ZIN or XEG?
Year to date, ZIN has seen +$5.45 M in net flows, compared with +$272.97 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 0.60%.
What are the top holdings of ZIN and XEG?
ZIN's largest holdings include BIRD CONSTRUCTION and NFI GROUP INC. XEG's top holdings include SUNCOR ENERGY, CDN NATURAL RESOURCE, and CENOVUS ENERGY.
Which ETF is more diversified: ZIN or XEG?
ZIN holds 32 securities, while XEG holds 26. On holdings count, ZIN is the more diversified portfolio.
Recent articles about ZIN and XEG
Defense Spending and Trade Reform Could Fuel These ETFs
Canada’s Bill C-5 clears trade barriers, boosting manufacturing ETFs.
Posted on 7/3/2025 by Kyle Anthony inDefense
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