VS
BMO SPDR Industrials Select Sector Index ETF (ZXLI) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZXLI focuses its top 3 sector exposures on Industrials and Information Technology, while ZEB leans towards Financials. When evaluating costs, ZXLI features a management fee (MER) of 0.21%, compared to 0.25% for ZEB. Performance-wise, ZXLI has returned 11.81% year-to-date with +$16 M in net flows, whereas ZEB is at 15.03% with -$1,114 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
ZXLI
ZEB
| AuM | $23.92 M | $5,154.86 M |
| Management Fees | 0.21% | 0.25% |
| Exp. ratio | 0.21% | 0.28% |
| Tracking Difference | - | -0.67% |
Historical performance and flows
As of May 7, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZXLI | +4.05% | +1.08% | +11.81% | +29.45% | - |
ZEB | +9.65% | +10.03% | +15.03% | +65.52% | +121.30% | |
| Flows | ZXLI | -$2 M | -$4 M | +$16 M | +$18 M | - |
ZEB | -$391 M | -$648 M | -$1,114 M | -$1,641 M | -$1,550 M |
ZXLI vs ZEB exposure
Countries
ZXLI
USA
93.12%
ZEB
Canada
100.00%
Sectors
ZXLI
Industrials
91.84%
Other
8.16%
ZEB
Financials
100.00%
As of May 7, 2026
Top 10 Holdings
ZXLI
CATERPILLAR
6.53%
GENERAL ELECTRIC
5.89%
RAYTHEON TECHNOLOGIES CORPORD
5.13%
US36828A1016
4.66%
BOEING U
3.09%
UBER TECHNOLOGIES INC
2.93%
UNION PACIFIC U
2.85%
HONEYWELL INTL
2.84%
DEERE
2.81%
EATON CORP PLC
2.75%
ZEB
ROYAL BK CANADA
17.14%
TORONTO DOMINION
17.02%
BNS
16.62%
BANK OF MONTREAL
16.48%
CDN IMPERIAL BK
16.40%
NATIONAL BANK OF CANADA
16.33%
Diversification
ZXLI
Total weight of top 10 holdings out of 79 total
39.48%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
ZXLI
ZEB
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | S&P Industrial 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 | 1.86% | 2.62% |
| Meets ESG criteria | No | No |
| Inception Date | February 2, 2025 | October 20, 2009 |
Frequently asked questions about ZXLI and ZEB
Which ETF has performed better year to date: ZXLI or ZEB?
As of May 7, 2026, ZXLI has returned 11.81% year to date, while ZEB has returned 15.03%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: ZXLI or ZEB?
As of May 7, 2026, ZXLI manages $23.92 M in assets, while ZEB manages $5.15 B. ZEB is the larger fund by AUM.
How are ZXLI and ZEB managed?
ZXLI is passively managed by BMO. It tracks the S&P Industrial Select Sector Total Return Index - USD benchmark. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do ZXLI and ZEB emphasize?
ZXLI is most exposed to Industrials and Information Technology. ZEB is most exposed to Financials.
Which ETF is attracting more investor flows: ZXLI or ZEB?
Year to date, ZXLI has seen +$16.36 M in net flows, compared with -$1,113.95 M for ZEB. ZXLI has attracted more net investor money so far.
How do the fees of ZXLI and ZEB compare?
ZXLI has an expense ratio of 0.21%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of ZXLI and ZEB?
ZXLI's largest holdings include CATERPILLAR and GENERAL ELECTRIC. ZEB's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and BNS.
Which ETF is more diversified: ZXLI or ZEB?
ZXLI holds 77 securities, while ZEB holds 6. On holdings count, ZXLI is the more diversified portfolio.
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