VS
BMO SPDR Materials Select Sector Index ETF (ZXLB) and Global X Equal Weight Canadian Banks Index ETF (HBNK) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZXLB focuses its top 3 sector exposures on Materials, while HBNK leans towards Financials. When evaluating costs, ZXLB features a management fee (MER) of 0.21%, compared to 0.09% for HBNK. Performance-wise, ZXLB has returned 15.28% year-to-date with +$15 M in net flows, whereas HBNK is at 23.94% with -$413 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
ZXLB
HBNK
| AuM | $17.45 M | $784.52 M |
| Management Fees | 0.21% | 0.09% |
| Exp. ratio | 0.21% | 0.10% |
| Tracking Difference | - | -0.41% |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZXLB | +0.01% | +5.95% | +15.28% | +20.70% | - |
HBNK | +7.80% | +20.31% | +23.94% | +66.64% | - | |
| Flows | ZXLB | -$2 M | +$1 M | +$15 M | +$15 M | - |
HBNK | +$35 M | -$180 M | -$413 M | -$665 M | - |
ZXLB vs HBNK exposure
Countries
ZXLB
USA
73.80%
Ireland
21.54%
HBNK
Canada
99.93%
Sectors
ZXLB
Materials
81.08%
Other
18.91%
HBNK
Financials
99.93%
As of June 11, 2026
Top 10 Holdings
ZXLB
IE000S9YS762
14.16%
NEWMONT CORP
7.34%
NUCOR
5.69%
FREEPORT-MCMORAN INC
5.03%
CRH PLC
4.94%
VULCAN MATERIALS
4.86%
AIR PRODUCTS AND CHEMICALS
4.69%
MARTIN MARIETTA
4.49%
SHERWIN WILLIAMS
4.49%
CORTEVA INC
4.47%
HBNK
CDN IMPERIAL BK
17.03%
TORONTO DOMINION
16.96%
NATIONAL BANK OF CANADA
16.65%
ROYAL BK CANADA
16.56%
BANK OF MONTREAL
16.46%
BNS
16.27%
Diversification
ZXLB
Total weight of top 10 holdings out of 26 total
60.14%
HBNK
Total weight of top 10 holdings out of 6 total
99.93%
Characteristics
Compare
ZXLB
HBNK
| Provider | BMO | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | S&P Materials Select Sector Total Return Index - USD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.35% | 2.70% |
| Meets ESG criteria | No | No |
| Inception Date | February 2, 2025 | July 5, 2023 |
Frequently asked questions about ZXLB and HBNK
Which ETF has performed better year to date: ZXLB or HBNK?
As of June 11, 2026, ZXLB has returned 15.28% year to date, while HBNK has returned 23.94%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: ZXLB or HBNK?
As of June 11, 2026, ZXLB manages $17.45 M in assets, while HBNK manages $784.52 M. HBNK is the larger fund by AUM.
How are ZXLB and HBNK managed?
ZXLB is passively managed by BMO. It tracks the S&P Materials Select Sector Total Return Index - USD benchmark. HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do ZXLB and HBNK emphasize?
ZXLB is most exposed to Materials. HBNK is most exposed to Financials.
Which ETF is attracting more investor flows: ZXLB or HBNK?
Year to date, ZXLB has seen +$15.16 M in net flows, compared with -$412.69 M for HBNK. ZXLB has attracted more net investor money so far.
How do the fees of ZXLB and HBNK compare?
ZXLB has an expense ratio of 0.21%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of ZXLB and HBNK?
ZXLB's largest holdings include NEWMONT CORP and NUCOR. HBNK's top holdings include CDN IMPERIAL BK, TORONTO DOMINION, and NATIONAL BANK OF CANADA.
Which ETF is more diversified: ZXLB or HBNK?
ZXLB holds 24 securities, while HBNK holds 6. On holdings count, ZXLB is the more diversified portfolio.
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