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BMO SPDR Real Estate Select Sector Index ETF (ZXLR) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZXLR focuses its top 3 sector exposures on Finance and Technology, while ZEB leans towards Finance. When evaluating costs, ZXLR features a management fee (MER) of 0.21%, compared to 0.25% for ZEB. Performance-wise, ZXLR has returned 16.58% year-to-date with +$2 M in net flows, whereas ZEB is at 33.28% with +$186 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
ZXLR
ZEB
| AuM | $3.99 M | $7,274.65 M |
| Management Fees | 0.21% | 0.25% |
| Exp. ratio | 0.21% | 0.28% |
| Tracking Difference | - | -0.65% |
Historical performance and flows
As of July 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZXLR | +0.50% | +7.30% | +16.58% | +14.02% | - |
ZEB | +2.46% | +18.34% | +33.28% | +68.03% | +148.95% | |
| Flows | ZXLR | +$3 M | +$3 M | +$2 M | +$2 M | - |
ZEB | +$949 M | +$1,224 M | +$186 M | +$871 M | -$394 M |
ZXLR vs ZEB exposure
Countries
ZXLR
USA
100.39%
ZEB
Canada
100.00%
Sectors
ZXLR
Finance
99.18%
ZEB
Finance
100.00%
As of July 21, 2026
Top 10 Holdings
ZXLR
Welltower, Inc.
11.11%
Prologis, Inc.
8.76%
Equinix, Inc.
7.12%
American Tower Corp.
5.28%
Simon Property Group, Inc.
5.03%
Digital Realty Trust, Inc.
4.61%
Realty Income Corp.
4.59%
Public Storage
4.52%
Ventas, Inc.
4.51%
CBRE Group, Inc.
4.12%
ZEB
The Toronto-Dominion Bank
17.42%
Royal Bank of Canada
17.32%
Bank of Montreal
17.15%
The Bank of Nova Scotia
16.61%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.70%
Diversification
ZXLR
Total weight of top 10 holdings out of 31 total
59.66%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
ZXLR
ZEB
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | S&P Real Estate 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 | 3.04% | 2.28% |
| Meets ESG criteria | No | No |
| Inception Date | February 2, 2025 | October 20, 2009 |
Frequently asked questions about ZXLR and ZEB
Which ETF has performed better year to date: ZXLR or ZEB?
As of July 21, 2026, ZXLR has returned 16.58% year to date, while ZEB has returned 33.28%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: ZXLR or ZEB?
As of July 21, 2026, ZXLR manages $3.99 M in assets, while ZEB manages $7.27 B. ZEB is the larger fund by AUM.
How are ZXLR and ZEB managed?
ZXLR is passively managed by BMO. It tracks the S&P Real Estate 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 ZXLR and ZEB emphasize?
ZXLR is most exposed to Finance and Technology. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: ZXLR or ZEB?
Year to date, ZXLR has seen +$2.44 M in net flows, compared with +$186.29 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of ZXLR and ZEB compare?
ZXLR has an expense ratio of 0.21%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of ZXLR and ZEB?
ZXLR's largest holdings include Welltower, Inc., Prologis, Inc., and Equinix, Inc.. ZEB's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: ZXLR or ZEB?
ZXLR holds 31 securities, while ZEB holds 6. On holdings count, ZXLR is the more diversified portfolio.
Recent articles about ZXLR and ZEB
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