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%	1.27B	Apr 2023	ZEB.TO vs HEB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	0.25%	121.72M	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%	454.41M	Oct 2017	ZEB.TO vs RBNK.TO

Best Risk-Adjusted Alternatives to ZEB.TO

ZEB.TO has a PortfoliosLab risk / return rank of 96. There are 2 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	96	—	Feb 2022	ZEB.TO vs CBNK.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	96	—	Jul 2023	ZEB.TO vs BNKL.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	96	—	Jul 2023	ZEB.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	96	1.27B	Apr 2023	ZEB.TO vs HEB.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	96	454.41M	Oct 2017	ZEB.TO vs RBNK.TO

Top Performing ZEB.TO Alternatives (YTD)

ZEB.TO is at 19.22% YTD. There are 4 ETFs in the Financials Equities category with higher YTD returns, going as high as 25.56%.

Symbol	Name	YTD Return	AUM	Inception
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	25.56%	—	Feb 2022	ZEB.TO vs CBNK.TO
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	23.22%	77.00M	Jun 2007	ZEB.TO vs CFOU.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	20.92%	—	Jul 2023	ZEB.TO vs BNKL.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	19.94%	454.41M	Oct 2017	ZEB.TO vs RBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	19.19%	1.27B	Apr 2023	ZEB.TO vs HEB.TO

Lowest Volatility Alternatives to ZEB.TO

ZEB.TO has 12.62% 1-year volatility. There are 5 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 11.26%.

Symbol	Name	Volatility 1Y	AUM	Inception
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	11.26%	423.04M	Aug 2010	ZEB.TO vs CIC.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	11.31%	4.34B	Jan 2024	ZEB.TO vs ZWB.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	11.61%	381.54M	Feb 2008	ZEB.TO vs CEW.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	12.07%	2.24B	Mar 2001	ZEB.TO vs XFN.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	12.59%	187.53M	Jul 2023	ZEB.TO vs BKCL.TO

Lowest Drawdown Alternatives to ZEB.TO

ZEB.TO has a 1-year max drawdown of -8.44%. There are 5 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%	381.54M	Feb 2008	ZEB.TO vs CEW.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	-7.80%	2.24B	Mar 2001	ZEB.TO vs XFN.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	-7.82%	4.34B	Jan 2024	ZEB.TO vs ZWB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	-7.94%	121.72M	Sep 2013	ZEB.TO vs HXF.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	-8.23%	423.04M	Aug 2010	ZEB.TO vs CIC.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	100	0.95%	5.70B	Nov 2021	ZEB.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	Nov 2012	ZEB.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	13.04%	789.04M	Jan 2022	ZEB.TO vs ZEQT.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.70%	16.67B	May 2009	ZEB.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	67	19.82%	3.25B	Jan 2010	ZEB.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	74	22.76%	2.28B	Feb 2019	ZEB.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	ZEB.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.80B	Jan 2010	ZEB.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	Oct 2011	ZEB.TO vs ZDV.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	41	9.39%	1.24B	Nov 2014	ZEB.TO vs ZUQ.TO

Often Compared With ZEB.TO

Investors most often compare ZEB.TO with VDY.TO, HCAL.TO, HMAX.TO. These 20 comparison targets span 12 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	20.59%	7.99B	Nov 2012	ZEB.TO vs VDY.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Leveraged Equities	96	23.54%	959.30M	Oct 2020	ZEB.TO vs HCAL.TO
HMAX.TO	Hamilton Canadian Financials YIELD MAXIMIZER ETF	Derivative Income	91	11.17%	2.34B	Jan 2023	ZEB.TO vs HMAX.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.75%	29.66B	Feb 2001	ZEB.TO vs XIC.TO
RY.TO	Royal Bank of Canada		97	15.19%	—	—	ZEB.TO vs RY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	19.17%	5.25B	Jun 2017	ZEB.TO vs XDIV.TO
RBC	RBC Bearings Incorporated		89	30.27%	—	—	ZEB.TO vs RBC
XMC.TO	iShares S&P U.S. Mid-Cap Index ETF	Mid Cap Blend Equities	56	15.43%	808.37M	Aug 2015	ZEB.TO vs XMC.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	75	12.29%	18.41B	Aug 2019	ZEB.TO vs XEQT.TO
JPM	JPMorgan Chase & Co.		59	-5.73%	—	—	ZEB.TO vs JPM
DIV.TO	Diversified Royalty Corp.		96	29.82%	—	—	ZEB.TO vs DIV.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	Gold	49	6.26%	356.53M	Nov 2012	ZEB.TO vs ZGD.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	Derivative Income	96	17.36%	1.08B	Feb 2022	ZEB.TO vs BANK.TO
MKP.TO	MCAN Mortgage Corporation		87	10.17%	—	—	ZEB.TO vs MKP.TO
ZUT.TO	BMO Equal Weight Utilities Index ETF	Utilities Equities	65	20.31%	887.30M	Jan 2010	ZEB.TO vs ZUT.TO
XIT.TO	iShares S&P/TSX Capped Information Technology Inde...	Technology Equities	13	-4.19%	708.53M	Mar 2001	ZEB.TO vs XIT.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	74	12.30%	32.85B	Nov 2012	ZEB.TO vs VFV.TO
XMA.TO	iShares S&P/TSX Capped Materials Index ETF	Materials	46	7.60%	699.10M	Dec 2005	ZEB.TO vs XMA.TO
CMVP.TO	HAMILTON CHAMPIONS Canadian Dividend Index ETF Cla...	Canada Equities	79	11.91%	—	Jan 2025	ZEB.TO vs CMVP.TO
CDAY.NEO	Hamilton Enhanced Canadian Equity DayMAX ETF	Derivative Income, Canada Equities	—	13.70%	242.10M	Jul 2025	ZEB.TO vs CDAY.NEO

Compare ZEB.TO with Any Fund or Stock

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

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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