VS
BMO US Equity Buffer Hedged to CAD ETF - January (ZJAN) and iShares Core S&P Total U.S. Stock Market Index ETF (XTOT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZJAN focuses its top 3 sector exposures on Technology, Finance, and Healthcare, while XTOT leans towards Technology, Finance, and Healthcare. When evaluating costs, ZJAN features a management fee (MER) of 0.73%, compared to 0.07% for XTOT. Performance-wise, ZJAN has returned 6.17% year-to-date with +$43 M in net flows, whereas XTOT is at 16.77% with +$4 B. 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
ZJAN
XTOT
| AuM | $143.09 M | $7,103.98 M |
| Management Fees | 0.73% | 0.07% |
| Exp. ratio | 0.73% | 0.08% |
| Tracking Difference | - | 0.21% |
Historical performance and flows
As of September 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZJAN | +0.69% | +2.55% | +6.17% | +8.39% | - |
XTOT | +2.49% | +2.58% | +16.77% | +18.34% | - | |
| Flows | ZJAN | +$0 M | +$0 M | +$43 M | +$44 M | - |
XTOT | +$471 M | +$1,389 M | +$4,099 M | +$4,817 M | - |
ZJAN vs XTOT exposure
Countries
ZJAN
USA
99.29%
XTOT
USA
97.36%
Sectors
ZJAN
Technology
45.64%
Finance
14.31%
Healthcare
9.14%
Consumer Non-Cyclicals
9.12%
Industrials
8.01%
Other
13.78%
XTOT
Technology
41.59%
Finance
14.98%
Healthcare
9.59%
Industrials
8.60%
Consumer Non-Cyclicals
8.42%
Other
16.82%
As of September 21, 2026
Top 10 Holdings
ZJAN
Apple, Inc.
7.80%
NVIDIA Corp.
7.53%
Microsoft Corp.
5.34%
Amazon.com, Inc.
3.67%
Alphabet, Inc.
3.12%
Broadcom Inc.
2.93%
Alphabet, Inc.
2.51%
Meta Platforms, Inc.
1.89%
Micron Technology, Inc.
1.57%
JPMorgan Chase & Co.
1.49%
XTOT
Apple, Inc.
6.77%
NVIDIA Corp.
6.53%
Microsoft Corp.
4.63%
Amazon.com, Inc.
3.19%
Alphabet, Inc.
2.70%
Broadcom Inc.
2.54%
Alphabet, Inc.
2.18%
Meta Platforms, Inc.
1.64%
Micron Technology, Inc.
1.36%
JPMorgan Chase & Co.
1.30%
Diversification
ZJAN
Total weight of top 10 holdings out of 503 total
37.85%
XTOT
Total weight of top 10 holdings out of 2,428 total
32.85%
Characteristics
Compare
ZJAN
XTOT
| Provider | BMO | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P Total Market Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.45% | 0.80% |
| Meets ESG criteria | No | No |
| Inception Date | January 26, 2024 | May 28, 2025 |
Frequently asked questions about ZJAN and XTOT
Which ETF has performed better year to date: ZJAN or XTOT?
As of September 21, 2026, ZJAN has returned 6.17% year to date, while XTOT has returned 16.77%. XTOT is ahead on YTD performance.
Which ETF is larger by assets under management: ZJAN or XTOT?
As of September 21, 2026, ZJAN manages $143.09 M in assets, while XTOT manages $7.10 B. XTOT is the larger fund by AUM.
How are ZJAN and XTOT managed?
ZJAN is actively managed by BMO. It does not track an index. XTOT is passively managed by iShares. It tracks the S&P Total Market Net Total Return Index - CAD benchmark.
What sectors do ZJAN and XTOT emphasize?
ZJAN is most exposed to Technology, Finance, and Healthcare. XTOT is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: ZJAN or XTOT?
Year to date, ZJAN has seen +$42.71 M in net flows, compared with +$4,099.45 M for XTOT. XTOT has attracted more net investor money so far.
How do the fees of ZJAN and XTOT compare?
ZJAN has an expense ratio of 0.73%, while XTOT has an expense ratio of 0.08%.
What are the top holdings of ZJAN and XTOT?
ZJAN's largest holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc.. XTOT's top holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc..
Which ETF is more diversified: ZJAN or XTOT?
ZJAN holds 500 securities, while XTOT holds 2409. On holdings count, XTOT is the more diversified portfolio.
Recent articles about ZJAN and XTOT
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