ZEB.TO Alternatives & Similar ETFs

BMO Equal Weight Banks Index ETF (ZEB.TO) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZEB.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZEB.TO

ZEB.TO charges 0.25% annually. There are 2 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
HBNK.TO	Global X Equal Weight Banks Index ETF	0.09%	—	Jul 2023	ZEB.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	0.19%	1.39B	Apr 2023	ZEB.TO vs HEB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	0.25%	130.84M	Sep 2013	ZEB.TO vs HXF.TO
XUSF.TO	iShares S&P U.S. Financials Index ETF	0.25%	—	Sep 2023	ZEB.TO vs XUSF.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	0.32%	485.97M	Oct 2017	ZEB.TO vs RBNK.TO

Best Risk-Adjusted Alternatives to ZEB.TO

ZEB.TO has a PortfoliosLab risk / return rank of 97. There are 4 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	98	—	Feb 2022	ZEB.TO vs CBNK.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	98	—	Jul 2023	ZEB.TO vs BNKL.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	98	1.06B	Oct 2020	ZEB.TO vs HCAL.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	97	—	Jul 2023	ZEB.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	97	1.39B	Apr 2023	ZEB.TO vs HEB.TO

Top Performing ZEB.TO Alternatives (YTD)

ZEB.TO is at 30.69% YTD. There are 5 ETFs in the Financials Equities category with higher YTD returns, going as high as 43.47%.

Symbol	Name	YTD Return	AUM	Inception
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	43.47%	86.85M	Jun 2007	ZEB.TO vs CFOU.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	41.95%	—	Feb 2022	ZEB.TO vs CBNK.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	38.28%	1.06B	Oct 2020	ZEB.TO vs HCAL.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	37.19%	—	Jul 2023	ZEB.TO vs BNKL.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	31.29%	485.97M	Oct 2017	ZEB.TO vs RBNK.TO

Lowest Volatility Alternatives to ZEB.TO

ZEB.TO has 12.84% 1-year volatility. There are 6 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 9.02%.

Symbol	Name	Volatility 1Y	AUM	Inception
FIE.TO	iShares Canadian Financial Monthly Income ETF	9.02%	1.40B	Apr 2010	ZEB.TO vs FIE.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	11.40%	348.36M	Aug 2010	ZEB.TO vs CIC.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	11.51%	4.65B	Jan 2011	ZEB.TO vs ZWB.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	11.79%	419.44M	Feb 2008	ZEB.TO vs CEW.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	12.20%	2.28B	Mar 2001	ZEB.TO vs XFN.TO

Lowest Drawdown Alternatives to ZEB.TO

ZEB.TO has a 1-year max drawdown of -8.44%. There are 6 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -7.13%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	-7.13%	419.44M	Feb 2008	ZEB.TO vs CEW.TO
FIE.TO	iShares Canadian Financial Monthly Income ETF	-7.19%	1.40B	Apr 2010	ZEB.TO vs FIE.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	-7.80%	2.28B	Mar 2001	ZEB.TO vs XFN.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	-7.82%	4.65B	Jan 2011	ZEB.TO vs ZWB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	-7.94%	130.84M	Sep 2013	ZEB.TO vs HXF.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 7 categories. AUM among these funds goes as high as $24B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	99	1.09%	5.68B	Nov 2021	ZEB.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	11.86%	24.23B	Nov 2012	ZEB.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	79	13.48%	846.16M	Jan 2022	ZEB.TO vs ZEQT.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	81	11.25%	16.91B	May 2009	ZEB.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	41	14.60%	3.24B	Jan 2010	ZEB.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	67	20.44%	2.39B	Feb 2019	ZEB.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	45	6.82%	6.18B	Oct 2011	ZEB.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.97B	Jan 2010	ZEB.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	20.55%	1.83B	Oct 2011	ZEB.TO vs ZDV.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	47	10.78%	1.30B	Nov 2014	ZEB.TO vs ZUQ.TO

Often Compared With ZEB.TO

Investors most often compare ZEB.TO with VDY.TO, HMAX.TO, XIC.TO. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	24.99%	7.99B	Nov 2012	ZEB.TO vs VDY.TO
HMAX.TO	Hamilton Canadian Financials Yield Maximizer ETF	Derivative Income	95	17.83%	2.47B	Jan 2023	ZEB.TO vs HMAX.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	81	11.29%	30.44B	Feb 2001	ZEB.TO vs XIC.TO
RY.TO	Royal Bank of Canada		98	24.98%	—	—	ZEB.TO vs RY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	21.65%	5.54B	Jun 2017	ZEB.TO vs XDIV.TO
RBC	RBC Bearings Incorporated		92	41.26%	—	—	ZEB.TO vs RBC
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	80	12.92%	19.56B	Aug 2019	ZEB.TO vs XEQT.TO
XMC.TO	iShares S&P U.S. Mid-Cap Index ETF	Mid Cap Blend Equities	65	18.57%	852.07M	Aug 2015	ZEB.TO vs XMC.TO
JPM	JPMorgan Chase & Co.		68	4.70%	—	—	ZEB.TO vs JPM
DIV.TO	Diversified Royalty Corp.		96	36.56%	—	—	ZEB.TO vs DIV.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	Gold, Equal Weight, Precious Metals	31	-1.70%	306.01M	Nov 2012	ZEB.TO vs ZGD.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	72	11.93%	32.85B	Nov 2012	ZEB.TO vs VFV.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	Derivative Income	97	27.46%	1.16B	Feb 2022	ZEB.TO vs BANK.TO
ZUT.TO	BMO Equal Weight Utilities Index ETF	Utilities Equities, Equal Weight	74	21.48%	844.73M	Jan 2010	ZEB.TO vs ZUT.TO
MKP.TO	MCAN Mortgage Corporation		92	14.85%	—	—	ZEB.TO vs MKP.TO
XIT.TO	iShares S&P/TSX Capped Information Technology Inde...	Technology Equities	9	-11.18%	713.74M	Mar 2001	ZEB.TO vs XIT.TO
XMA.TO	iShares S&P/TSX Capped Materials Index ETF	Materials	36	-0.42%	650.55M	Dec 2005	ZEB.TO vs XMA.TO
CMVP.TO	HAMILTON CHAMPIONS Canadian Dividend Index ETF Cla...	Canada Equities	91	16.26%	—	Jan 2025	ZEB.TO vs CMVP.TO
CDAY.NEO	Hamilton Enhanced Canadian Equity DayMAX ETF	Derivative Income, Canada Equities	—	17.30%	242.10M	Jul 2025	ZEB.TO vs CDAY.NEO
TBNK.TO	TD Canadian Bank Dividend Index ETF	Dividend	97	30.50%	370.26M	Apr 2023	ZEB.TO vs TBNK.TO

Compare ZEB.TO with Any Fund or Stock

Compare ZEB.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair ZEB.TO with funds that move differently

BMO Equal Weight Banks Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZEB.TO.

Explore ZEB.TO Diversifiers

BMO Equal Weight Banks Index ETF (ZEB.TO) Alternatives