COMM.TO vs. ZEB.TO

Last updated Apr 1, 2026

Compare and contrast key facts about BMO Global Communications Index ETF (COMM.TO) and BMO Equal Weight Banks Index ETF (ZEB.TO).

COMM.TO and ZEB.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. COMM.TO is a passively managed fund by BMO that tracks the performance of the Solactive Media and Communications Index. It was launched on May 2, 2018. ZEB.TO is a passively managed fund by BMO that tracks the performance of the Solactive Equal Weight Canada Banks Index. It was launched on Oct 19, 2009. Both COMM.TO and ZEB.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

COMM.TO vs. ZEB.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BMO Global Communications Index ETF (COMM.TO) and BMO Equal Weight Banks Index ETF (ZEB.TO). The values are adjusted to include any dividend payments, if applicable.

COMM.TO vs. ZEB.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
COMM.TO BMO Global Communications Index ETF	-0.97%	10.13%	38.71%	31.81%	-23.48%	10.09%	21.23%	21.63%	-2.67%
ZEB.TO BMO Equal Weight Banks Index ETF	1.92%	43.43%	24.58%	10.87%	-10.38%	39.38%	3.52%	16.06%	-7.62%

Returns By Period

In the year-to-date period, COMM.TO achieves a -0.97% return, which is significantly lower than ZEB.TO's 1.92% return.

COMM.TO

• 1D: 2.01%
• 1M: -1.74%
• YTD: -0.97%
• 6M: -6.49%
• 1Y: 10.68%
• 3Y*: 19.69%
• 5Y*: 10.13%
• 10Y*: —

ZEB.TO

• 1D: 2.47%
• 1M: -3.87%
• YTD: 1.92%
• 6M: 14.68%
• 1Y: 52.04%
• 3Y*: 25.62%
• 5Y*: 16.79%
• 10Y*: 14.57%

*Multi-year figures are annualized to reflect compound growth (CAGR)

COMM.TO vs. ZEB.TO - Expense Ratio Comparison

COMM.TO has a 0.39% expense ratio, which is higher than ZEB.TO's 0.25% expense ratio.

COMM.TO

BMO Global Communications Index ETF

ZEB.TO

BMO Equal Weight Banks Index ETF

Return for Risk

COMM.TO vs. ZEB.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

COMM.TO

COMM.TO Risk / Return Rank: 33
COMM.TO Sharpe Ratio Rank: 36
COMM.TO Sortino Ratio Rank: 35
COMM.TO Omega Ratio Rank: 35
COMM.TO Calmar Ratio Rank: 34
COMM.TO Martin Ratio Rank: 25

ZEB.TO

ZEB.TO Risk / Return Rank: 98
ZEB.TO Sharpe Ratio Rank: 98
ZEB.TO Sortino Ratio Rank: 98
ZEB.TO Omega Ratio Rank: 98
ZEB.TO Calmar Ratio Rank: 98
ZEB.TO Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

COMM.TO vs. ZEB.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BMO Global Communications Index ETF (COMM.TO) and BMO Equal Weight Banks Index ETF (ZEB.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	COMM.TO	ZEB.TO	Difference
Sharpe ratio Return per unit of total volatility	0.71	3.92	-3.22
Sortino ratio Return per unit of downside risk	1.06	5.01	-3.95
Omega ratio Gain probability vs. loss probability	1.15	1.77	-0.62
Calmar ratio Return relative to maximum drawdown	0.88	6.25	-5.38
Martin ratio Return relative to average drawdown	1.92	24.31	-22.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COMM.TO vs. ZEB.TO - Sharpe Ratio Comparison

The current COMM.TO Sharpe Ratio is 0.71, which is lower than the ZEB.TO Sharpe Ratio of 3.92. The chart below compares the historical Sharpe Ratios of COMM.TO and ZEB.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	COMM.TO	ZEB.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.71	3.92	-3.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	1.28	-0.56
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.82	-0.07

Correlation

The correlation between COMM.TO and ZEB.TO is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

COMM.TO vs. ZEB.TO - Dividend Comparison

COMM.TO's dividend yield for the trailing twelve months is around 1.06%, less than ZEB.TO's 2.95% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COMM.TO BMO Global Communications Index ETF	1.06%	1.07%	1.13%	1.51%	2.09%	1.60%	1.31%	1.52%	1.24%	0.00%	0.00%	0.00%
ZEB.TO BMO Equal Weight Banks Index ETF	2.95%	2.95%	3.98%	4.75%	4.29%	3.13%	4.15%	3.65%	3.64%	3.02%	3.19%	3.70%

Drawdowns

COMM.TO vs. ZEB.TO - Drawdown Comparison

The maximum COMM.TO drawdown since its inception was -29.87%, smaller than the maximum ZEB.TO drawdown of -39.69%. Use the drawdown chart below to compare losses from any high point for COMM.TO and ZEB.TO.

Drawdown Indicators

	COMM.TO	ZEB.TO	Difference
Max Drawdown Largest peak-to-trough decline	-29.87%	-39.69%	+9.82%
Max Drawdown (1Y) Largest decline over 1 year	-11.03%	-8.44%	-2.59%
Max Drawdown (5Y) Largest decline over 5 years	-29.87%	-25.97%	-3.90%
Max Drawdown (10Y) Largest decline over 10 years	—	-39.69%	—
Current Drawdown Current decline from peak	-8.72%	-5.86%	-2.86%
Average Drawdown Average peak-to-trough decline	-6.50%	-5.70%	-0.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.04%	2.17%	+2.87%

Volatility

COMM.TO vs. ZEB.TO - Volatility Comparison

BMO Global Communications Index ETF (COMM.TO) and BMO Equal Weight Banks Index ETF (ZEB.TO) have volatilities of 5.86% and 5.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COMM.TO	ZEB.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.86%	5.82%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	9.59%	9.97%	-0.38%
Volatility (1Y) Calculated over the trailing 1-year period	15.22%	13.34%	+1.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.29%	13.24%	+1.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.66%	16.82%	-1.16%