VS
BMO Market+ Low Volatility Global Equity ETF (ZMLG) and BMO MSCI World ESG Leaders Index ETF (ESGG) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZMLG focuses its top 3 sector exposures on Technology, Finance, and Consumer Non-Cyclicals, while ESGG leans towards Technology, Finance, and Healthcare. When evaluating costs, ZMLG features a management fee (MER) of 0.4%, compared to 0.25% for ESGG. 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
ZMLG
ESGG
| AuM | $1.65 M | $62.10 M |
| Management Fees | 0.40% | 0.25% |
| Exp. ratio | 0.40% | 0.28% |
| Tracking Difference | - | -0.11% |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZMLG | +0.73% | +2.86% | - | - | - |
ESGG | -1.14% | +4.72% | +14.47% | +13.22% | +85.85% | |
| Flows | ZMLG | +$0 M | +$0 M | - | - | - |
ESGG | +$3 M | +$3 M | +$3 M | +$3 M | +$12 M |
ZMLG vs ESGG exposure
Countries
ZMLG
USA
64.07%
Japan
7.10%
Other
28.83%
ESGG
USA
70.76%
Other
29.24%
Sectors
ZMLG
Technology
33.74%
Finance
17.37%
Consumer Non-Cyclicals
12.83%
Healthcare
11.44%
Industrials
7.94%
Other
16.68%
ESGG
Technology
39.82%
Finance
16.99%
Healthcare
10.16%
Industrials
8.96%
Other
24.07%
As of October 29, 2026
Top 10 Holdings
ZMLG
Apple, Inc.
6.74%
Microsoft Corp.
3.91%
NVIDIA Corp.
3.35%
Alphabet, Inc.
2.74%
Amazon.com, Inc.
2.02%
AbbVie, Inc.
1.82%
Meta Platforms, Inc.
1.79%
Broadcom Inc.
1.78%
Philip Morris International, Inc.
1.77%
Analog Devices, Inc.
1.68%
ESGG
CA05600C1068
73.36%
CA05600J1012
23.21%
CA05587Y1051
3.43%
Diversification
ZMLG
Total weight of top 10 holdings out of 124 total
27.61%
ESGG
Total weight of top 10 holdings out of 627 total
100.00%
Characteristics
Compare
ZMLG
ESGG
| Provider | BMO | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | MSCI World Selection NTR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 0.86% |
| Meets ESG criteria | No | Yes |
| Inception Date | March 4, 2026 | January 27, 2020 |
Frequently asked questions about ZMLG and ESGG
Which ETF is larger by assets under management: ZMLG or ESGG?
As of October 29, 2026, ZMLG manages $1.65 M in assets, while ESGG manages $62.10 M. ESGG is the larger fund by AUM.
How are ZMLG and ESGG managed?
ZMLG is actively managed by BMO. It does not track an index. ESGG is passively managed by BMO. It tracks the MSCI World Selection NTR Index - CAD benchmark.
Which ETF is more diversified: ZMLG or ESGG?
ZMLG holds 124 securities, while ESGG holds 1. On holdings count, ZMLG is the more diversified portfolio.
How do the fees of ZMLG and ESGG compare?
ZMLG has an expense ratio of 0.40%, while ESGG has an expense ratio of 0.28%.
What sectors do ZMLG and ESGG emphasize?
ZMLG is most exposed to Technology, Finance, and Consumer Non-Cyclicals. ESGG is most exposed to Technology, Finance, and Healthcare.
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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.