VS
BMO SPDR Energy Select Sector Index ETF (ZXLE) and BMO Equal Weight Oil & Gas Index ETF (ZEO) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZXLE focuses its top 3 sector exposures on Energy and Finance, while ZEO leans towards Energy. When evaluating costs, ZXLE features a management fee (MER) of 0.21%, compared to 0.55% for ZEO. Performance-wise, ZXLE has returned 48.69% year-to-date with +$4 M in net flows, whereas ZEO is at 39.52% with +$144 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
ZEO
| AuM | $8.46 M | $466.58 M |
| Management Fees | 0.21% | 0.55% |
| Exp. ratio | 0.21% | 0.60% |
| Tracking Difference | - | -0.93% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZXLE | +6.43% | +13.87% | +48.69% | +50.10% | - |
ZEO | +1.62% | +1.91% | +39.52% | +44.08% | +90.02% | |
| Flows | ZXLE | +$0 M | -$1 M | +$4 M | +$4 M | - |
ZEO | +$3 M | +$107 M | +$144 M | +$140 M | +$114 M |
ZXLE vs ZEO exposure
Countries
ZXLE
USA
79.18%
Other
20.82%
ZEO
Canada
100.00%
Sectors
ZXLE
Energy
77.73%
Other
20.82%
ZEO
Energy
100.00%
As of September 11, 2026
Top 10 Holdings
ZXLE
Chevron Corp.
15.29%
ConocoPhillips
6.09%
Marathon Petroleum Corp.
4.94%
Phillips 66
4.92%
Valero Energy Corp.
4.76%
EOG Resources, Inc.
4.56%
SLB Ltd.
4.33%
Kinder Morgan, Inc.
3.88%
The Williams Cos., Inc.
3.87%
Baker Hughes Co.
3.73%
ZEO
Cenovus Energy, Inc.
9.98%
ARC Resources Ltd.
9.09%
Suncor Energy, Inc.
8.76%
Whitecap Resources, Inc.
8.58%
Pembina Pipeline Corp.
8.43%
South Bow Corp.
8.34%
Keyera Corp.
8.34%
Imperial Oil Ltd.
8.14%
TC Energy Corp.
7.96%
Enbridge, Inc.
7.65%
Diversification
ZXLE
Total weight of top 10 holdings out of 20 total
56.38%
ZEO
Total weight of top 10 holdings out of 12 total
85.28%
Characteristics
Compare
ZXLE
ZEO
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | S&P Energy Select Sector Total Return Index - USD | Solactive Equal Weight Canada Oil & Gas Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.29% | 2.69% |
| Meets ESG criteria | No | No |
| Inception Date | February 2, 2025 | October 20, 2009 |
Frequently asked questions about ZXLE and ZEO
Which ETF has performed better year to date: ZXLE or ZEO?
As of September 11, 2026, ZXLE has returned 48.69% year to date, while ZEO has returned 39.52%. ZXLE is ahead on YTD performance.
Which ETF is larger by assets under management: ZXLE or ZEO?
As of September 11, 2026, ZXLE manages $8.46 M in assets, while ZEO manages $466.58 M. ZEO is the larger fund by AUM.
How are ZXLE and ZEO managed?
ZXLE is passively managed by BMO. It tracks the S&P Energy Select Sector Total Return Index - USD benchmark. ZEO is passively managed by BMO. It tracks the Solactive Equal Weight Canada Oil & Gas Index - CAD benchmark.
What sectors do ZXLE and ZEO emphasize?
ZXLE is most exposed to Energy and Finance. ZEO is most exposed to Energy.
Which ETF is attracting more investor flows: ZXLE or ZEO?
Year to date, ZXLE has seen +$4.23 M in net flows, compared with +$143.88 M for ZEO. ZEO has attracted more net investor money so far.
How do the fees of ZXLE and ZEO compare?
ZXLE has an expense ratio of 0.21%, while ZEO has an expense ratio of 0.60%.
What are the top holdings of ZXLE and ZEO?
ZXLE's largest holdings include Chevron Corp., ConocoPhillips, and Marathon Petroleum Corp.. ZEO's top holdings include Cenovus Energy, Inc., ARC Resources Ltd., and Suncor Energy, Inc..
Which ETF is more diversified: ZXLE or ZEO?
ZXLE holds 20 securities, while ZEO holds 12. On holdings count, ZXLE is the more diversified portfolio.
Recent articles about ZXLE and ZEO
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