VS
Compare BMO Equal Weight U.S. Banks Index ETF (ZUB) vs BMO SPDR Financials Select Sector Index ETF (ZXLF) to find the best fit for your portfolio. ZUB provides Financials exposures, while ZXLF is primarily weighted in Financials and Information Technology. When evaluating costs, ZUB features a management fee (MER) of 0.35%, compared to 0.21% for ZXLF. Performance-wise, ZUB has returned 1.93% year-to-date with -$26 M in net flows, whereas ZXLF is at 6.17% with +$1 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
ZUB
ZXLF
| AuM | $355.92 M | $5.68 M |
| Management Fees | 0.35% | 0.21% |
| Exp. ratio | 0.38% | 0.21% |
| Tracking Difference | 0.03% | - |
Historical performance and flows
As of April 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZUB | +7.45% | +0.45% | +1.93% | +36.04% | +94.71% |
ZXLF | +3.61% | -3.64% | -6.17% | +6.30% | - | |
| Flows | ZUB | -$58 M | +$17 M | -$26 M | -$237 M | -$341 M |
ZXLF | -$12 M | -$2 M | +$1 M | -$20 M | - |
ZUB vs ZXLF exposure
Countries
ZUB
USA
100.00%
ZXLF
USA
95.93%
Sectors
ZUB
Financials
90.18%
Other
9.82%
ZXLF
Financials
82.37%
Information Technology
15.19%
As of April 24, 2026
Top 10 Holdings
ZUB
CITIGROUP
5.21%
WEBSTER FINANCIAL CORPORATION
5.13%
CITIZENS FINANCIAL GROUP
5.12%
THE GOLDMAN SACHS GROUP
5.07%
JPMORGAN CHASE
5.07%
PNC FINL SVC
5.06%
KEYCORP
5.05%
EAST WEST BANCORP
5.05%
US
5.03%
FIRST CITIZENS BANCSHARES
5.02%
ZXLF
BERKSHIRE HATHWAY
12.46%
JPMORGAN CHASE
11.24%
VISA INCORPORATION
7.20%
MASTERCARD
5.77%
BK OF AMERICA CO
4.59%
THE GOLDMAN SACHS GROUP
3.60%
WELLS FARGO
3.49%
CITIGROUP
2.81%
MORGAN STANLEY
2.81%
AMERICAN EXPRESS
2.30%
Diversification
ZUB
Total weight of top 10 holdings out of 20 total
50.81%
ZXLF
Total weight of top 10 holdings out of 76 total
56.26%
Characteristics
Compare
ZUB
ZXLF
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Equal Weight US Bank Canadian Dollar Hedged Net Total Return Index - CAD | S&P Financials Select Sector Total Return Index - USD |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.93% | 0.92% |
| Meets ESG criteria | No | No |
| Inception Date | May 19, 2010 | February 2, 2025 |
Frequently asked questions about ZUB and ZXLF
Which ETF has performed better year to date: ZUB or ZXLF?
As of April 24, 2026, ZUB has returned 1.93% year to date, while ZXLF has returned -6.17%. ZUB is ahead on YTD performance.
Which ETF is larger by assets under management: ZUB or ZXLF?
As of April 24, 2026, ZUB manages $355.92 M in assets, while ZXLF manages $5.68 M. ZUB is the larger fund by AUM.
How are ZUB and ZXLF managed?
ZUB is passively managed by BMO. It tracks the Solactive Equal Weight US Bank Canadian Dollar Hedged Net Total Return Index - CAD benchmark. ZXLF is passively managed by BMO. It tracks the S&P Financials Select Sector Total Return Index - USD benchmark.
What sectors do ZUB and ZXLF emphasize?
ZUB is most exposed to Financials. ZXLF is most exposed to Financials and Information Technology.
Which ETF is attracting more investor flows: ZUB or ZXLF?
Year to date, ZUB has seen -$26.07 M in net flows, compared with +$1.50 M for ZXLF. ZXLF has attracted more net investor money so far.
How do the fees of ZUB and ZXLF compare?
ZUB has an expense ratio of 0.38%, while ZXLF has an expense ratio of 0.21%.
What are the top holdings of ZUB and ZXLF?
ZUB's largest holdings include CITIGROUP and WEBSTER FINANCIAL CORPORATION. ZXLF's top holdings include BERKSHIRE HATHWAY, JPMORGAN CHASE, and VISA INCORPORATION.
Which ETF is more diversified: ZUB or ZXLF?
ZUB holds 19 securities, while ZXLF holds 75. On holdings count, ZXLF is the more diversified portfolio.
Recent articles about ZUB and ZXLF
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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.