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%	1.44B	Apr 2023	ZEB.TO vs HEB.TO
XUSF.TO	iShares S&P U.S. Financials Index ETF	0.25%	—	Sep 2023	ZEB.TO vs XUSF.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	0.25%	132.91M	Sep 2013	ZEB.TO vs HXF.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	0.32%	508.88M	Oct 2017	ZEB.TO vs RBNK.TO

Best Risk-Adjusted Alternatives to ZEB.TO

ZEB.TO has a PortfoliosLab risk / return rank of 98. 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	1.09B	Oct 2020	ZEB.TO vs HCAL.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	98	—	Jul 2023	ZEB.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	98	1.44B	Apr 2023	ZEB.TO vs HEB.TO

Top Performing ZEB.TO Alternatives (YTD)

ZEB.TO is at 33.86% YTD. There are 5 ETFs in the Financials Equities category with higher YTD returns, going as high as 49.68%.

Symbol	Name	YTD Return	AUM	Inception
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	49.68%	86.75M	Jun 2007	ZEB.TO vs CFOU.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	45.98%	—	Feb 2022	ZEB.TO vs CBNK.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	42.24%	1.09B	Oct 2020	ZEB.TO vs HCAL.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	41.88%	—	Jul 2023	ZEB.TO vs BNKL.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	34.39%	508.88M	Oct 2017	ZEB.TO vs RBNK.TO

Lowest Volatility Alternatives to ZEB.TO

ZEB.TO has 13.31% 1-year volatility. There are 8 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 9.15%.

Symbol	Name	Volatility 1Y	AUM	Inception
FIE.TO	iShares Canadian Financial Monthly Income ETF	9.15%	1.44B	Apr 2010	ZEB.TO vs FIE.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	11.85%	358.67M	Aug 2010	ZEB.TO vs CIC.TO
HPYB.TO	Harvest Premium Yield Canadian Bank ETF	11.92%	—	Jan 2026	ZEB.TO vs HPYB.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	11.96%	4.84B	Jan 2011	ZEB.TO vs ZWB.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	12.01%	435.32M	Feb 2008	ZEB.TO vs CEW.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%	435.32M	Feb 2008	ZEB.TO vs CEW.TO
FIE.TO	iShares Canadian Financial Monthly Income ETF	-7.19%	1.44B	Apr 2010	ZEB.TO vs FIE.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	-7.80%	2.34B	Mar 2001	ZEB.TO vs XFN.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	-7.82%	4.84B	Jan 2011	ZEB.TO vs ZWB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	-7.94%	132.91M	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	1.23%	5.77B	Nov 2021	ZEB.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	78	13.73%	24.35B	Nov 2012	ZEB.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	83	14.24%	895.11M	Jan 2022	ZEB.TO vs ZEQT.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	89	12.42%	17.34B	May 2009	ZEB.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	38	14.55%	3.09B	Jan 2010	ZEB.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	67	19.68%	2.35B	Feb 2019	ZEB.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	7.77%	6.24B	Oct 2011	ZEB.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	27	1.10%	13.13B	Jan 2010	ZEB.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	21.35%	1.86B	Oct 2011	ZEB.TO vs ZDV.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	57	13.81%	1.32B	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	99	27.73%	8.59B	Nov 2012	ZEB.TO vs VDY.TO
HMAX.TO	Hamilton Canadian Financials Yield Maximizer ETF	Derivative Income	96	19.85%	2.53B	Jan 2023	ZEB.TO vs HMAX.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	89	12.55%	31.16B	Feb 2001	ZEB.TO vs XIC.TO
RY.TO	Royal Bank of Canada		99	29.08%	—	—	ZEB.TO vs RY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	25.10%	5.78B	Jun 2017	ZEB.TO vs XDIV.TO
RBC	RBC Bearings Incorporated		91	30.36%	—	—	ZEB.TO vs RBC
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	86	13.91%	20.34B	Aug 2019	ZEB.TO vs XEQT.TO
XMC.TO	iShares S&P U.S. Mid-Cap Index ETF	Mid Cap Blend Equities	64	18.14%	859.77M	Aug 2015	ZEB.TO vs XMC.TO
JPM	JPMorgan Chase & Co.		69	5.29%	—	—	ZEB.TO vs JPM
DIV.TO	Diversified Royalty Corp.		94	26.27%	—	—	ZEB.TO vs DIV.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	Gold, Equal Weight, Precious Metals	31	-6.72%	281.50M	Nov 2012	ZEB.TO vs ZGD.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	79	13.78%	34.09B	Nov 2012	ZEB.TO vs VFV.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	Derivative Income	98	30.92%	1.26B	Feb 2022	ZEB.TO vs BANK.TO
ZUT.TO	BMO Equal Weight Utilities Index ETF	Utilities Equities, Equal Weight	80	21.46%	850.11M	Jan 2010	ZEB.TO vs ZUT.TO
MKP.TO	MCAN Mortgage Corporation		96	21.97%	—	—	ZEB.TO vs MKP.TO
XIT.TO	iShares S&P/TSX Capped Information Technology Inde...	Technology Equities	12	-5.45%	752.37M	Mar 2001	ZEB.TO vs XIT.TO
XMA.TO	iShares S&P/TSX Capped Materials Index ETF	Materials	35	-6.09%	584.50M	Dec 2005	ZEB.TO vs XMA.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	Dividend	98	33.87%	400.72M	Apr 2023	ZEB.TO vs TBNK.TO
CDAY.NEO	Hamilton Enhanced Canadian Equity DayMAX ETF	Derivative Income, Canada Equities	—	19.19%	242.10M	Jul 2025	ZEB.TO vs CDAY.NEO
CMVP.TO	HAMILTON CHAMPIONS Canadian Dividend Index ETF Cla...	Canada Equities	94	17.93%	—	Jan 2025	ZEB.TO vs CMVP.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