VS
BMO US Equity Buffer Hedged to CAD ETF - January (ZJAN) and BMO Equal Weight Banks Index ETF (ZEB) 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 ZEB leans towards Finance. When evaluating costs, ZJAN features a management fee (MER) of 0.73%, compared to 0.25% for ZEB. Performance-wise, ZJAN has returned 6.17% year-to-date with +$43 M in net flows, whereas ZEB is at 33.45% with +$728 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
ZJAN
ZEB
| AuM | $143.09 M | $7,794.75 M |
| Management Fees | 0.73% | 0.25% |
| Exp. ratio | 0.73% | 0.28% |
| Tracking Difference | - | -0.54% |
Historical performance and flows
As of September 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZJAN | +0.69% | +2.55% | +6.17% | +8.39% | - |
ZEB | +4.25% | +2.60% | +33.45% | +50.51% | +165.35% | |
| Flows | ZJAN | +$0 M | +$0 M | +$43 M | +$44 M | - |
ZEB | +$739 M | +$1,490 M | +$728 M | +$1,438 M | -$150 M |
ZJAN vs ZEB exposure
Countries
ZJAN
USA
99.29%
ZEB
Canada
100.00%
Sectors
ZJAN
Technology
45.64%
Finance
14.31%
Healthcare
9.14%
Consumer Non-Cyclicals
9.12%
Industrials
8.01%
Other
13.78%
ZEB
Finance
100.00%
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%
ZEB
Royal Bank of Canada
17.39%
Bank of Montreal
17.03%
The Toronto-Dominion Bank
16.96%
The Bank of Nova Scotia
16.51%
Canadian Imperial Bank of Commerce
16.09%
National Bank of Canada
16.03%
Diversification
ZJAN
Total weight of top 10 holdings out of 503 total
37.85%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
ZJAN
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 | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.45% | 2.29% |
| Meets ESG criteria | No | No |
| Inception Date | January 26, 2024 | October 20, 2009 |
Frequently asked questions about ZJAN and ZEB
Which ETF has performed better year to date: ZJAN or ZEB?
As of September 21, 2026, ZJAN has returned 6.17% year to date, while ZEB has returned 33.45%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: ZJAN or ZEB?
As of September 21, 2026, ZJAN manages $143.09 M in assets, while ZEB manages $7.79 B. ZEB is the larger fund by AUM.
How are ZJAN and ZEB managed?
ZJAN 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 ZJAN and ZEB emphasize?
ZJAN is most exposed to Technology, Finance, and Healthcare. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: ZJAN or ZEB?
Year to date, ZJAN has seen +$42.71 M in net flows, compared with +$728.15 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of ZJAN and ZEB compare?
ZJAN has an expense ratio of 0.73%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of ZJAN and ZEB?
ZJAN's largest holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc.. ZEB's top holdings include Royal Bank of Canada, Bank of Montreal, and The Toronto-Dominion Bank.
Which ETF is more diversified: ZJAN or ZEB?
ZJAN holds 500 securities, while ZEB holds 6. On holdings count, ZJAN is the more diversified portfolio.
Recent articles about ZJAN and ZEB
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