VS
Compare BMO MSCI USA High Quality Index ETF (ZUQ) vs Global X US Large Cap Index Corporate Class ETF (HULC) to find the best fit for your portfolio. ZUQ provides Technology, Healthcare, and Consumer Non-Cyclicals exposures, while HULC is primarily weighted in Technology, Finance, and Healthcare. When evaluating costs, ZUQ features a management fee (MER) of 0.3%, compared to 0.09% for HULC. Performance-wise, ZUQ has returned 19.84% year-to-date with -$79 M in net flows, whereas HULC is at 16.53% with +$265 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
ZUQ
HULC
| AuM | $1,370.47 M | $905.27 M |
| Management Fees | 0.30% | 0.09% |
| Exp. ratio | 0.33% | 0.09% |
| Tracking Difference | -0.15% | -0.08% |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZUQ | +0.32% | +4.16% | +19.84% | +19.28% | +82.19% |
HULC | -2.23% | +1.03% | +16.53% | +14.16% | +85.31% | |
| Flows | ZUQ | -$6 M | -$5 M | -$79 M | -$70 M | +$300 M |
HULC | +$40 M | +$96 M | +$265 M | +$299 M | +$164 M |
ZUQ vs HULC exposure
Countries
ZUQ
USA
96.60%
HULC
USA
96.40%
Sectors
ZUQ
Technology
46.61%
Healthcare
16.68%
Consumer Non-Cyclicals
11.11%
Finance
10.96%
Industrials
7.83%
HULC
Technology
47.52%
Finance
12.37%
Healthcare
9.33%
Consumer Non-Cyclicals
8.42%
Industrials
7.34%
Other
15.02%
As of November 11, 2026
Top 10 Holdings
ZUQ
Meta Platforms, Inc.
5.78%
Microsoft Corp.
5.75%
Eli Lilly & Co.
5.46%
Apple, Inc.
5.20%
NVIDIA Corp.
4.85%
Visa, Inc.
4.29%
Johnson & Johnson
3.44%
Mastercard, Inc.
3.08%
Lam Research Corp.
2.96%
Applied Materials, Inc.
2.53%
HULC
NVIDIA Corp.
8.03%
Apple, Inc.
7.20%
Microsoft Corp.
5.68%
Amazon.com, Inc.
3.62%
Alphabet, Inc.
3.04%
Alphabet, Inc.
2.63%
Broadcom Inc.
2.48%
Meta Platforms, Inc.
2.41%
Micron Technology, Inc.
1.81%
Tesla, Inc.
1.64%
Diversification
ZUQ
Total weight of top 10 holdings out of 119 total
43.34%
HULC
Total weight of top 10 holdings out of 494 total
38.54%
Characteristics
Compare
ZUQ
HULC
| Provider | BMO | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI USA Quality Net Total Return Index - CAD | Solactive US Large Cap Index NTR - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 0.43% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | November 5, 2014 | February 6, 2020 |
Frequently asked questions about ZUQ and HULC
Which ETF has performed better year to date: ZUQ or HULC?
As of November 11, 2026, ZUQ has returned 19.84% year to date, while HULC has returned 16.53%. ZUQ is ahead on YTD performance.
Which ETF is larger by assets under management: ZUQ or HULC?
As of November 11, 2026, ZUQ manages $1.37 B in assets, while HULC manages $905.27 M. ZUQ is the larger fund by AUM.
How are ZUQ and HULC managed?
ZUQ is passively managed by BMO. It tracks the MSCI USA Quality Net Total Return Index - CAD benchmark. HULC is passively managed by Global X. It tracks the Solactive US Large Cap Index NTR - CAD benchmark.
What sectors do ZUQ and HULC emphasize?
ZUQ is most exposed to Technology, Healthcare, and Consumer Non-Cyclicals. HULC is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: ZUQ or HULC?
Year to date, ZUQ has seen -$79.41 M in net flows, compared with +$265.08 M for HULC. HULC has attracted more net investor money so far.
How do the fees of ZUQ and HULC compare?
ZUQ has an expense ratio of 0.33%, while HULC has an expense ratio of 0.09%.
What are the top holdings of ZUQ and HULC?
ZUQ's largest holdings include Meta Platforms, Inc., Microsoft Corp., and Eli Lilly & Co.. HULC's top holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp..
Which ETF is more diversified: ZUQ or HULC?
ZUQ holds 118 securities, while HULC holds 491. On holdings count, HULC is the more diversified portfolio.
Recent articles about ZUQ and HULC
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.




