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BMO SPDR Communication Services Select Sector Index ETF (ZXLC) and Global X Equal Weight Canadian Banks Index ETF (HBNK) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZXLC focuses its top 3 sector exposures on Technology, Telecommunications, and Consumer Services, while HBNK leans towards Finance. When evaluating costs, ZXLC features a management fee (MER) of 0.21%, compared to 0.09% for HBNK. Performance-wise, ZXLC has returned 9.29% year-to-date with -$1 M in net flows, whereas HBNK is at 31.75% with -$487 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
ZXLC
HBNK
| AuM | $2.94 M | $753.32 M |
| Management Fees | 0.21% | 0.09% |
| Exp. ratio | 0.21% | 0.10% |
| Tracking Difference | - | -0.32% |
Historical performance and flows
As of October 26, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZXLC | -7.55% | -3.95% | -9.29% | -10.39% | - |
HBNK | +0.64% | -1.15% | +31.75% | +44.45% | +185.20% | |
| Flows | ZXLC | +$0 M | +$0 M | -$1 M | -$1 M | - |
HBNK | -$2 M | +$5 M | -$487 M | -$546 M | -$211 M |
ZXLC vs HBNK exposure
Countries
ZXLC
USA
99.80%
HBNK
Canada
99.74%
Sectors
ZXLC
Technology
45.76%
Telecommunications
25.08%
Consumer Services
24.42%
HBNK
Finance
99.74%
As of October 26, 2026
Top 10 Holdings
ZXLC
US81369Y8527
100.00%
HBNK
The Bank of Nova Scotia
17.48%
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.21%
Bank of Montreal
16.52%
Canadian Imperial Bank of Commerce
15.70%
National Bank of Canada
15.42%
Diversification
ZXLC
Total weight of top 10 holdings out of 24 total
100.00%
HBNK
Total weight of top 10 holdings out of 6 total
99.74%
Characteristics
Compare
ZXLC
HBNK
| Provider | BMO | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Communication Services Select Sector TR Index - USD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.16% | 2.63% |
| Meets ESG criteria | No | No |
| Inception Date | February 2, 2025 | July 5, 2023 |
Frequently asked questions about ZXLC and HBNK
Which ETF has performed better year to date: ZXLC or HBNK?
As of October 26, 2026, ZXLC has returned -9.29% year to date, while HBNK has returned 31.75%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: ZXLC or HBNK?
As of October 26, 2026, ZXLC manages $2.94 M in assets, while HBNK manages $753.32 M. HBNK is the larger fund by AUM.
How are ZXLC and HBNK managed?
ZXLC is passively managed by BMO. It tracks the Communication Services Select Sector TR Index - USD benchmark. HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
Which ETF is more diversified: ZXLC or HBNK?
ZXLC holds 1 securities, while HBNK holds 6. On holdings count, HBNK is the more diversified portfolio.
Which ETF is attracting more investor flows: ZXLC or HBNK?
Year to date, ZXLC has seen -$0.74 M in net flows, compared with -$486.74 M for HBNK. ZXLC has attracted more net investor money so far.
How do the fees of ZXLC and HBNK compare?
ZXLC has an expense ratio of 0.21%, while HBNK has an expense ratio of 0.10%.
What sectors do ZXLC and HBNK emphasize?
ZXLC is most exposed to Technology, Telecommunications, and Consumer Services. HBNK is most exposed to Finance.
Recent articles about ZXLC and HBNK
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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.