VS
BMO High Quality Corporate Bond Index ETF (ZQB) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZQB focuses its top 3 sector exposures on Banks, Power, and Other financial institutions, while ZEB leans towards Finance. When evaluating costs, ZQB features a management fee (MER) of 0.1%, compared to 0.25% for ZEB. Performance-wise, ZQB has returned 1.28% year-to-date with +$46 M in net flows, whereas ZEB is at 35.79% with +$267 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
ZQB
ZEB
| AuM | $88.78 M | $7,493.90 M |
| Management Fees | 0.10% | 0.25% |
| Exp. ratio | 0.11% | 0.28% |
| Tracking Difference | - | -0.65% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZQB | -0.09% | +0.52% | +1.28% | +3.84% | +18.78% |
ZEB | +6.04% | +19.90% | +35.79% | +71.33% | +157.89% | |
| Flows | ZQB | +$7 M | +$12 M | +$46 M | +$56 M | +$66 M |
ZEB | +$1,233 M | +$1,278 M | +$267 M | +$768 M | -$484 M |
ZQB vs ZEB exposure
Countries
ZQB
Canada
82.13%
Other
16.49%
ZEB
Canada
100.00%
Sectors
ZQB
Banks
51.66%
Other
16.49%
Power
8.21%
Other
23.63%
ZEB
Finance
100.00%
As of July 17, 2026
Top 10 Holdings
ZQB
Bank of Montreal, 3.19% 1mar2028, CAD
5.50%
Toronto-Dominion Bank, 4.68% 8jan2029, CAD
3.54%
Bank of Nova Scotia, 3.1% 2feb2028, CAD
3.43%
Toronto-Dominion Bank, 5.177% 9apr2034, CAD (D)
2.86%
Bank of Montreal, 4.537% 18dec2028, CAD
2.82%
Bank of Nova Scotia, 4.442% 15nov2035, CAD
2.80%
Toronto-Dominion Bank, 4.477% 18jan2028, CAD
2.80%
CA89116CQ341
2.76%
CA779926WF74
2.73%
Brookfield Finance II, 5.431% 14dec2032, CAD
2.20%
ZEB
The Toronto-Dominion Bank
17.52%
Royal Bank of Canada
17.09%
Bank of Montreal
16.85%
The Bank of Nova Scotia
16.38%
Canadian Imperial Bank of Commerce
16.27%
National Bank of Canada
15.89%
Diversification
ZQB
Total weight of top 10 holdings out of 63 total
31.44%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
ZQB
ZEB
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada 1-10 year A+ Corporate Bond GTR Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.94% | 2.23% |
| Meets ESG criteria | No | No |
| Inception Date | February 11, 2020 | October 20, 2009 |
Frequently asked questions about ZQB and ZEB
Which ETF has performed better year to date: ZQB or ZEB?
As of July 17, 2026, ZQB has returned 1.28% year to date, while ZEB has returned 35.79%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: ZQB or ZEB?
As of July 17, 2026, ZQB manages $88.78 M in assets, while ZEB manages $7.49 B. ZEB is the larger fund by AUM.
How are ZQB and ZEB managed?
ZQB is passively managed by BMO. It tracks the FTSE Canada 1-10 year A+ Corporate Bond GTR Index - CAD benchmark. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do ZQB and ZEB emphasize?
ZQB is most exposed to Banks, Power, and Other financial institutions. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: ZQB or ZEB?
Year to date, ZQB has seen +$46.11 M in net flows, compared with +$266.52 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of ZQB and ZEB compare?
ZQB has an expense ratio of 0.11%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of ZQB and ZEB?
ZQB's largest holdings include Bank of Montreal, 3.19% 1mar2028, CAD and Toronto-Dominion Bank, 4.68% 8jan2029, CAD. ZEB's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: ZQB or ZEB?
ZQB holds 53 securities, while ZEB holds 6. On holdings count, ZQB is the more diversified portfolio.
Recent articles about ZQB and ZEB
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