VS
BMO SPDR Industrials Select Sector Index ETF (ZXLI.F) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZXLI.F focuses its top 3 sector exposures on Industrials, Business Services, and Non-Energy Materials, while ZEB leans towards Finance. When evaluating costs, ZXLI.F features a management fee (MER) of 0.21%, compared to 0.25% for ZEB. Performance-wise, ZXLI.F has returned 8.25% year-to-date with +$6 M in net flows, whereas ZEB is at 28.4% with +$189 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.F
ZEB
| AuM | $10.87 M | $6,944.66 M |
| Management Fees | 0.21% | 0.25% |
| Exp. ratio | 0.21% | 0.28% |
| Tracking Difference | - | -0.51% |
Historical performance and flows
As of October 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZXLI.F | -1.72% | -7.94% | +8.25% | +8.62% | - |
ZEB | -1.52% | -1.41% | +28.40% | +43.71% | +164.95% | |
| Flows | ZXLI.F | -$1 M | +$2 M | +$6 M | +$7 M | - |
ZEB | -$483 M | +$505 M | +$189 M | +$721 M | -$905 M |
ZXLI.F vs ZEB exposure
Countries
ZXLI.F
USA
92.93%
Other
7.07%
ZEB
Canada
100.00%
Sectors
ZXLI.F
Industrials
88.55%
Other
11.45%
ZEB
Finance
100.00%
As of October 2, 2026
Top 10 Holdings
ZXLI.F
Caterpillar, Inc.
6.67%
GE Aerospace
6.36%
RTX Corp.
5.08%
GE Vernova, Inc.
4.39%
Union Pacific Corp.
3.24%
Deere & Co.
2.99%
The Boeing Co.
2.98%
Eaton Corp. Plc
2.84%
Uber Technologies, Inc.
2.80%
Parker-Hannifin Corp.
2.24%
ZEB
The Bank of Nova Scotia
17.59%
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.16%
Bank of Montreal
16.64%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.42%
Diversification
ZXLI.F
Total weight of top 10 holdings out of 82 total
39.59%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
ZXLI.F
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 | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.75% | 2.39% |
| Meets ESG criteria | No | No |
| Inception Date | February 2, 2025 | October 20, 2009 |
Frequently asked questions about ZXLI.F and ZEB
Which ETF has performed better year to date: ZXLI.F or ZEB?
As of October 2, 2026, ZXLI.F has returned 8.25% year to date, while ZEB has returned 28.40%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: ZXLI.F or ZEB?
As of October 2, 2026, ZXLI.F manages $10.87 M in assets, while ZEB manages $6.94 B. ZEB is the larger fund by AUM.
How are ZXLI.F and ZEB managed?
ZXLI.F 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.F and ZEB emphasize?
ZXLI.F is most exposed to Industrials, Business Services, and Non-Energy Materials. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: ZXLI.F or ZEB?
Year to date, ZXLI.F has seen +$5.75 M in net flows, compared with +$189.14 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of ZXLI.F and ZEB compare?
ZXLI.F has an expense ratio of 0.21%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of ZXLI.F and ZEB?
ZXLI.F's largest holdings include Caterpillar, Inc., GE Aerospace, and RTX Corp.. ZEB's top holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Royal Bank of Canada.
Which ETF is more diversified: ZXLI.F or ZEB?
ZXLI.F holds 82 securities, while ZEB holds 6. On holdings count, ZXLI.F is the more diversified portfolio.
Recent articles about ZXLI.F and ZEB
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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.