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BMO US Dividend ETF (ZUD) and CI Invesco RAFI U.S. Index ETF II (PXS.U) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZUD focuses its top 3 sector exposures on Technology, Finance, and Healthcare, while PXS.U leans towards Technology, Finance, and Healthcare. When evaluating costs, ZUD features a management fee (MER) of 0.3%, compared to 0.44% for PXS.U. Performance-wise, ZUD has returned 13.97% year-to-date with -$4 M in net flows, whereas PXS.U is at 20.21% 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
ZUD
PXS.U
| AuM | $155.65 M | $3.87 M |
| Management Fees | 0.30% | 0.44% |
| Exp. ratio | 0.33% | 0.45% |
| Tracking Difference | - | -0.27% |
Historical performance and flows
As of October 19, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZUD | -1.57% | +1.02% | +13.97% | +15.41% | +64.23% |
PXS.U | +0.31% | +3.35% | +20.21% | +24.38% | +85.61% | |
| Flows | ZUD | +$0 M | -$4 M | -$4 M | -$6 M | -$8 M |
PXS.U | +$0 M | +$0 M | +$1 M | +$1 M | +$1 M |
ZUD vs PXS.U exposure
Countries
ZUD
USA
98.27%
PXS.U
USA
97.43%
Sectors
ZUD
Technology
32.44%
Finance
15.94%
Healthcare
11.45%
Consumer Non-Cyclicals
9.89%
Energy
8.63%
Other
21.65%
PXS.U
Technology
25.40%
Finance
19.05%
Healthcare
12.86%
Consumer Non-Cyclicals
9.32%
Energy
8.26%
Industrials
7.89%
Other
17.22%
As of October 19, 2026
Top 10 Holdings
ZUD
Dell Technologies, Inc.
4.08%
Apple, Inc.
3.98%
Cisco Systems, Inc.
3.58%
AbbVie, Inc.
3.54%
Philip Morris International, Inc.
2.93%
NVIDIA Corp.
2.91%
Broadcom Inc.
2.84%
Chevron Corp.
2.63%
QUALCOMM, Inc.
2.43%
JPMorgan Chase & Co.
2.04%
PXS.U
Apple, Inc.
4.33%
Alphabet, Inc.
3.43%
Microsoft Corp.
2.80%
Amazon.com, Inc.
2.16%
ExxonMobil Holdings Corp.
1.83%
Intel Corp.
1.77%
Berkshire Hathaway, Inc.
1.76%
JPMorgan Chase & Co.
1.68%
Meta Platforms, Inc.
1.38%
Chevron Corp.
1.30%
Diversification
ZUD
Total weight of top 10 holdings out of 95 total
30.96%
PXS.U
Total weight of top 10 holdings out of 995 total
22.44%
Characteristics
Compare
ZUD
PXS.U
| Provider | BMO | CI |
| Management | Actively managed | Passively managed |
| Benchmark | - | RAFI Fundamental Select US 1000 Index - USD |
| Replication Method | - | Other |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.55% | 1.25% |
| Meets ESG criteria | No | No |
| Inception Date | March 27, 2013 | April 14, 2015 |
Frequently asked questions about ZUD and PXS.U
Which ETF has performed better year to date: ZUD or PXS.U?
As of October 19, 2026, ZUD has returned 13.97% year to date, while PXS.U has returned 20.21%. PXS.U is ahead on YTD performance.
Which ETF is larger by assets under management: ZUD or PXS.U?
As of October 19, 2026, ZUD manages $155.65 M in assets, while PXS.U manages $3.87 M. ZUD is the larger fund by AUM.
How are ZUD and PXS.U managed?
ZUD is actively managed by BMO. It does not track an index. PXS.U is passively managed by CI. It tracks the RAFI Fundamental Select US 1000 Index - USD benchmark.
What sectors do ZUD and PXS.U emphasize?
ZUD is most exposed to Technology, Finance, and Healthcare. PXS.U is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: ZUD or PXS.U?
Year to date, ZUD has seen -$4.28 M in net flows, compared with +$0.65 M for PXS.U. PXS.U has attracted more net investor money so far.
How do the fees of ZUD and PXS.U compare?
ZUD has an expense ratio of 0.33%, while PXS.U has an expense ratio of 0.45%.
What are the top holdings of ZUD and PXS.U?
ZUD's largest holdings include Dell Technologies, Inc., Apple, Inc., and Cisco Systems, Inc.. PXS.U's top holdings include Apple, Inc., Alphabet, Inc., and Microsoft Corp..
Which ETF is more diversified: ZUD or PXS.U?
ZUD holds 95 securities, while PXS.U holds 995. On holdings count, PXS.U is the more diversified portfolio.
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