VS
BMO Long Short US Equity ETF (ZLSU) and Harvest Balanced Income & Growth ETF (HBIG) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZLSU focuses its top 3 sector exposures on Sovereign, Technology, and Finance, while HBIG leans towards Sovereign, Technology, and Finance. When evaluating costs, ZLSU features a management fee (MER) of 0.73%, compared to 0% for HBIG. Performance-wise, ZLSU has returned 9.84% year-to-date with +$115 M in net flows, whereas HBIG is at 6.98% with +$7 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
ZLSU
HBIG
| AuM | $221.36 M | $16.48 M |
| Management Fees | 0.73% | 0.00% |
| Exp. ratio | 0.72% | 0.99% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZLSU | -1.54% | +1.22% | +9.84% | +8.65% | - |
HBIG | -0.49% | +1.52% | +6.98% | +11.41% | - | |
| Flows | ZLSU | +$0 M | +$20 M | +$115 M | +$115 M | - |
HBIG | +$0 M | +$4 M | +$7 M | +$9 M | - |
ZLSU vs HBIG exposure
Countries
ZLSU
USA
97.61%
HBIG
USA
70.65%
Canada
22.70%
Sectors
ZLSU
Sovereign
49.29%
Technology
22.36%
Finance
10.88%
Consumer Non-Cyclicals
8.17%
Other
9.30%
HBIG
Sovereign
30.73%
Technology
18.76%
Finance
13.64%
Other
36.88%
As of September 3, 2026
Top 10 Holdings
ZLSU
Apple, Inc.
5.58%
USA, Bills 0% 13may2027, USD (364D)
4.61%
USA, Bills 0% 18mar2027, USD (364D)
4.24%
USA, Bills 0% 15apr2027, USD (364D)
4.22%
USA, Bills 0% 10jun2027, USD (364D)
3.58%
USA, Bills 0% 21jan2027, USD (364D)
3.55%
USA, Bills 0% 18feb2027, USD (364D)
3.24%
NVIDIA Corp.
3.12%
USA, Bills 0% 11aug2026, USD (119D)
2.93%
USA, Bills 0% 1oct2026, USD (364D)
2.81%
HBIG
Microsoft Corp.
1.74%
USA, Notes 4.125% 15feb2036, USD (B-2036)
1.68%
Alphabet, Inc.
1.60%
USA, Notes 4.625% 15feb2035, USD (B-2035)
1.55%
USA, Notes 4.25% 15aug2035, USD (E-2035)
1.54%
Broadcom Inc.
1.53%
USA, Notes 4% 15feb2034, USD (B-2034)
1.52%
USA, Notes 4.25% 15nov2034, USD (F-2034)
1.51%
NVIDIA Corp.
1.50%
USA, Notes 4.5% 15nov2033, USD (F-2033)
1.50%
Diversification
ZLSU
Total weight of top 10 holdings out of 209 total
37.87%
HBIG
Total weight of top 10 holdings out of 1,243 total
15.67%
Characteristics
Compare
ZLSU
HBIG
| Provider | BMO | Harvest Portfolios Group |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.73% | 7.86% |
| Meets ESG criteria | No | No |
| Inception Date | October 2, 2023 | April 15, 2024 |
Frequently asked questions about ZLSU and HBIG
Which ETF has performed better year to date: ZLSU or HBIG?
As of September 3, 2026, ZLSU has returned 9.84% year to date, while HBIG has returned 6.98%. ZLSU is ahead on YTD performance.
Which ETF is larger by assets under management: ZLSU or HBIG?
As of September 3, 2026, ZLSU manages $221.36 M in assets, while HBIG manages $16.48 M. ZLSU is the larger fund by AUM.
How are ZLSU and HBIG managed?
ZLSU is actively managed by BMO. It does not track an index. HBIG is actively managed by Harvest Portfolios Group. It does not track an index.
What sectors do ZLSU and HBIG emphasize?
ZLSU is most exposed to Sovereign, Technology, and Finance. HBIG is most exposed to Sovereign, Technology, and Finance.
Which ETF is attracting more investor flows: ZLSU or HBIG?
Year to date, ZLSU has seen +$114.67 M in net flows, compared with +$6.66 M for HBIG. ZLSU has attracted more net investor money so far.
How do the fees of ZLSU and HBIG compare?
ZLSU has an expense ratio of 0.72%, while HBIG has an expense ratio of 0.99%.
What are the top holdings of ZLSU and HBIG?
ZLSU's largest holdings include Apple, Inc., USA, Bills 0% 13may2027, USD (364D), and USA, Bills 0% 18mar2027, USD (364D). HBIG's top holdings include Microsoft Corp., USA, Notes 4.125% 15feb2036, USD (B-2036), and Alphabet, Inc..
Which ETF is more diversified: ZLSU or HBIG?
ZLSU holds 208 securities, while HBIG holds 1202. On holdings count, HBIG is the more diversified portfolio.
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.