VS
BMO SPDR Energy Select Sector Index ETF (ZXLE) and iShares S&P/TSX Capped Energy Index ETF (XEG) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZXLE focuses its top 3 sector exposures on Energy, while XEG leans towards Energy. When evaluating costs, ZXLE features a management fee (MER) of 0.21%, compared to 0.55% for XEG. Performance-wise, ZXLE has returned 29.44% year-to-date with +$8 M in net flows, whereas XEG is at 36.33% with +$305 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
ZXLE
XEG
| AuM | $11.05 M | $2,410.23 M |
| Management Fees | 0.21% | 0.55% |
| Exp. ratio | 0.21% | 0.60% |
| Tracking Difference | - | 5.17% |
Historical performance and flows
As of April 27, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZXLE | -8.51% | +17.00% | +29.44% | +41.46% | - |
XEG | -5.05% | +24.14% | +36.33% | +70.69% | +93.93% | |
| Flows | ZXLE | -$9 M | +$6 M | +$8 M | +$1 M | - |
XEG | +$184 M | +$506 M | +$305 M | -$191 M | -$509 M |
ZXLE vs XEG exposure
Countries
ZXLE
USA
95.80%
XEG
Canada
99.62%
Sectors
ZXLE
Energy
99.86%
XEG
Energy
99.17%
As of April 27, 2026
Top 10 Holdings
ZXLE
EXXON
23.77%
CHEVRON TEXACO
17.32%
CONOCOPHILLIPS
7.22%
EOG RESOURCES
4.15%
SCHLUMBERGER
4.07%
WILLIAMS
4.06%
VALERO ENERGY
3.99%
PHILLIPS 66
3.89%
MARATHON PETROLEUM
3.81%
KINDER MORGAN
3.48%
XEG
SUNCOR ENERGY
26.38%
CDN NATURAL RESOURCE
23.98%
CENOVUS ENERGY
12.23%
IMPERIAL OIL
6.69%
TOURMALINE OIL
5.99%
WHITECAP RESOURCES
4.66%
ARC RESOURCES
4.05%
PRAIRIESKY ROYALTY
1.83%
TAMARACK VALLEY ENERGY
1.37%
PEYTO EXPLORATION DEVELOPMENT
1.36%
Diversification
ZXLE
Total weight of top 10 holdings out of 22 total
75.77%
XEG
Total weight of top 10 holdings out of 26 total
88.55%
Characteristics
Compare
ZXLE
XEG
| Provider | BMO | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | S&P Energy Select Sector Total Return Index - USD | S&P/TSX Capped Energy Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.63% | 2.81% |
| Meets ESG criteria | No | No |
| Inception Date | February 2, 2025 | March 19, 2001 |
Frequently asked questions about ZXLE and XEG
Which ETF has performed better year to date: ZXLE or XEG?
As of April 27, 2026, ZXLE has returned 29.44% year to date, while XEG has returned 36.33%. XEG is ahead on YTD performance.
Which ETF is larger by assets under management: ZXLE or XEG?
As of April 27, 2026, ZXLE manages $11.05 M in assets, while XEG manages $2.41 B. XEG is the larger fund by AUM.
How are ZXLE and XEG managed?
ZXLE is passively managed by BMO. It tracks the S&P Energy Select Sector Total Return Index - USD benchmark. XEG is passively managed by iShares. It tracks the S&P/TSX Capped Energy Index - CAD benchmark.
What sectors do ZXLE and XEG emphasize?
ZXLE is most exposed to Energy. XEG is most exposed to Energy.
Which ETF is attracting more investor flows: ZXLE or XEG?
Year to date, ZXLE has seen +$7.93 M in net flows, compared with +$304.83 M for XEG. XEG has attracted more net investor money so far.
How do the fees of ZXLE and XEG compare?
ZXLE has an expense ratio of 0.21%, while XEG has an expense ratio of 0.60%.
What are the top holdings of ZXLE and XEG?
ZXLE's largest holdings include EXXON, CHEVRON TEXACO, and CONOCOPHILLIPS. XEG's top holdings include SUNCOR ENERGY, CDN NATURAL RESOURCE, and CENOVUS ENERGY.
Which ETF is more diversified: ZXLE or XEG?
ZXLE holds 22 securities, while XEG holds 26. On holdings count, XEG is the more diversified portfolio.
Recent articles about ZXLE and XEG
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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.