VS
When evaluating costs, ZWB features a management fee (MER) of 0.65%, compared to 0.6% for BANK. Performance-wise, ZWB has returned 28.87% year-to-date with -$20 M in net flows, whereas BANK is at 33.71% with +$326 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
ZWB
BANK
| AuM | $4,656.29 M | $1,345.05 M |
| Management Fees | 0.65% | 0.60% |
| Exp. ratio | 0.72% | 0.83% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZWB | +1.83% | -1.05% | +28.87% | +39.65% | +140.84% |
BANK | +2.09% | -0.54% | +33.71% | +45.44% | +132.20% | |
| Flows | ZWB | -$52 M | -$73 M | -$20 M | -$16 M | -$347 M |
BANK | +$17 M | +$87 M | +$326 M | +$408 M | +$928 M |
ZWB vs BANK exposure
Countries
ZWB
Exposure data will be available soon
BANK
Exposure data will be available soon
Sectors
ZWB
Exposure data will be available soon
BANK
Exposure data will be available soon
As of October 28, 2026
Top 10 Holdings
ZWB
Exposure data will be available soon
BANK
Exposure data will be available soon
Diversification
ZWB
Exposure data will be available soon
BANK
Exposure data will be available soon
Characteristics
Compare
ZWB
BANK
| Provider | BMO | Evolve ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.34% | 12.36% |
| Meets ESG criteria | No | No |
| Inception Date | January 28, 2011 | February 1, 2022 |
Frequently asked questions about ZWB and BANK
Which ETF has performed better year to date: ZWB or BANK?
As of October 28, 2026, ZWB has returned 28.87% year to date, while BANK has returned 33.71%. BANK is ahead on YTD performance.
Which ETF is larger by assets under management: ZWB or BANK?
As of October 28, 2026, ZWB manages $4.66 B in assets, while BANK manages $1.35 B. ZWB is the larger fund by AUM.
How are ZWB and BANK managed?
ZWB is actively managed by BMO. It does not track an index. BANK is actively managed by Evolve ETFs. It does not track an index.
Which ETF is attracting more investor flows: ZWB or BANK?
Year to date, ZWB has seen -$19.84 M in net flows, compared with +$325.80 M for BANK. BANK has attracted more net investor money so far.
How do the fees of ZWB and BANK compare?
ZWB has an expense ratio of 0.72%, while BANK has an expense ratio of 0.83%.
Recent articles about ZWB and BANK
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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.





