VS
BMO Low Volatility International Equity ETF (ZLI) and Manulife Multifactor Developed International Index ETF (MINT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZLI focuses its top 3 sector exposures on Finance, Telecommunications, and Utilities, while MINT leans towards Finance, Industrials, and Non-Energy Materials. When evaluating costs, ZLI features a management fee (MER) of 0.4%, compared to 0.45% for MINT. Performance-wise, ZLI has returned 11.73% year-to-date with -$3 M in net flows, whereas MINT is at 11.77% with -$0 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
ZLI
MINT
| AuM | $294.30 M | $47.98 M |
| Management Fees | 0.40% | 0.45% |
| Exp. ratio | 0.45% | 0.50% |
| Tracking Difference | - | 1.15% |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZLI | +4.91% | +2.15% | +11.73% | +10.88% | +52.69% |
MINT | +0.31% | -0.52% | +11.77% | +17.93% | +69.99% | |
| Flows | ZLI | +$0 M | -$6 M | -$3 M | -$0 M | -$170 M |
MINT | -$0 M | +$0 M | -$0 M | -$4 M | +$6 M |
ZLI vs MINT exposure
Countries
ZLI
Japan
26.37%
United Kingdom
13.71%
Netherlands
9.50%
France
9.19%
Germany
8.86%
Other
32.37%
MINT
Japan
25.94%
United Kingdom
12.80%
Germany
9.38%
France
9.01%
Switzerland
8.55%
Other
34.32%
Sectors
ZLI
Finance
23.25%
Telecommunications
10.92%
Utilities
10.79%
Consumer Non-Cyclicals
10.69%
Industrials
10.16%
Technology
9.69%
Other
24.50%
MINT
Finance
26.90%
Industrials
15.40%
Non-Energy Materials
9.14%
Technology
8.95%
Consumer Non-Cyclicals
8.58%
Healthcare
8.50%
Other
22.53%
As of October 29, 2026
Top 10 Holdings
ZLI
Euronext NV
2.37%
Deutsche Börse AG
1.99%
Orange SA
1.88%
Japan Post Holdings Co., Ltd.
1.75%
SoftBank Corp.
1.67%
Nitori Holdings Co., Ltd.
1.58%
Insurance Australia Group Ltd.
1.55%
KDDI Corp.
1.53%
OBIC Co. Ltd.
1.51%
SECOM Co., Ltd.
1.50%
MINT
ASML Holding NV
2.23%
VINCI SA
1.45%
Shell Plc
1.42%
Banco Bilbao Vizcaya Argentaria SA
1.14%
Bayer AG
1.05%
HSBC Holdings Plc
1.04%
Allianz SE
0.98%
Nestlé SA
0.96%
SoftBank Group Corp.
0.86%
TotalEnergies SE
0.79%
Diversification
ZLI
Total weight of top 10 holdings out of 101 total
17.33%
MINT
Total weight of top 10 holdings out of 556 total
11.91%
Characteristics
Compare
ZLI
MINT
| Provider | BMO | Manulife Investments |
| Management | Actively managed | Passively managed |
| Benchmark | - | John Hancock Dimensional Developed International Total Return Index CAD Hedged - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.03% | 4.77% |
| Meets ESG criteria | No | No |
| Inception Date | September 2, 2015 | April 17, 2017 |
Frequently asked questions about ZLI and MINT
Which ETF has performed better year to date: ZLI or MINT?
As of October 29, 2026, ZLI has returned 11.73% year to date, while MINT has returned 11.77%. MINT is ahead on YTD performance.
Which ETF is larger by assets under management: ZLI or MINT?
As of October 29, 2026, ZLI manages $294.30 M in assets, while MINT manages $47.98 M. ZLI is the larger fund by AUM.
How are ZLI and MINT managed?
ZLI is actively managed by BMO. It does not track an index. MINT is passively managed by Manulife Investments. It tracks the John Hancock Dimensional Developed International Total Return Index CAD Hedged - CAD benchmark.
What sectors do ZLI and MINT emphasize?
ZLI is most exposed to Finance, Telecommunications, and Utilities. MINT is most exposed to Finance, Industrials, and Non-Energy Materials.
Which ETF is attracting more investor flows: ZLI or MINT?
Year to date, ZLI has seen -$2.96 M in net flows, compared with -$0.01 M for MINT. MINT has attracted more net investor money so far.
How do the fees of ZLI and MINT compare?
ZLI has an expense ratio of 0.45%, while MINT has an expense ratio of 0.50%.
What are the top holdings of ZLI and MINT?
ZLI's largest holdings include Euronext NV, Deutsche Börse AG, and Orange SA. MINT's top holdings include ASML Holding NV, VINCI SA, and Shell Plc.
Which ETF is more diversified: ZLI or MINT?
ZLI holds 101 securities, while MINT holds 544. On holdings count, MINT is the more diversified portfolio.
Recent articles about ZLI and MINT
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.