KNGC.TO vs. ZEQL.TO

Last updated Jun 4, 2026

KNGC.TO (Brompton Canadian Cash Flow Kings ETF) and ZEQL.TO (BMO MSCI USA Equal Weight Index ETF (CAD Units)) are both Large Cap Blend Equities funds - KNGC.TO tracks the Brompton Index One Canadian Cash Flow Kings Index while ZEQL.TO tracks the MSCI USA Equal Weighted Index. Both are passively managed. At a 0.17 correlation, their price movements are largely independent. KNGC.TO charges 0.17%/yr vs 0.05%/yr for ZEQL.TO.

Performance

KNGC.TO vs. ZEQL.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Brompton Canadian Cash Flow Kings ETF (KNGC.TO) and BMO MSCI USA Equal Weight Index ETF (CAD Units) (ZEQL.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KNGC.TO

• 1D: -0.75%
• 1M: 1.71%
• YTD: 18.75%
• 6M: 19.23%
• 1Y: 55.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ZEQL.TO

• 1D: -0.12%
• 1M: 6.20%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KNGC.TO vs. ZEQL.TO - Yearly Performance Comparison

	2026 (YTD)
KNGC.TO Brompton Canadian Cash Flow Kings ETF	8.42%
ZEQL.TO BMO MSCI USA Equal Weight Index ETF (CAD Units)	7.44%

Correlation

The correlation between KNGC.TO and ZEQL.TO is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 10, 2026	0.17

Return for Risk

KNGC.TO vs. ZEQL.TO — Risk / Return Rank

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

KNGC.TO

KNGC.TO Risk / Return Rank: 97
KNGC.TO Sharpe Ratio Rank: 97
KNGC.TO Sortino Ratio Rank: 97
KNGC.TO Omega Ratio Rank: 97
KNGC.TO Calmar Ratio Rank: 98
KNGC.TO Martin Ratio Rank: 97

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.

KNGC.TO vs. ZEQL.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brompton Canadian Cash Flow Kings ETF (KNGC.TO) and BMO MSCI USA Equal Weight Index ETF (CAD Units) (ZEQL.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.

	KNGC.TO	ZEQL.TO	Difference
Sharpe ratio: Return per unit of total volatility	4.54	—	—
Sortino ratio: Return per unit of downside risk	6.34	—	—
Omega ratio: Gain probability vs. loss probability	1.92	—	—
Calmar ratio: Return relative to maximum drawdown	14.41	—	—
Martin ratio: Return relative to average drawdown	52.56	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	KNGC.TO	ZEQL.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.54	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	2.01	-1.96

Drawdowns

KNGC.TO vs. ZEQL.TO - Drawdown Comparison

The maximum KNGC.TO drawdown since its inception was -20.25%, which is greater than ZEQL.TO's maximum drawdown of -6.12%. Use the drawdown chart below to compare losses from any high point for KNGC.TO and ZEQL.TO.

Drawdown Indicators

	KNGC.TO	ZEQL.TO	Difference
Max Drawdown Largest peak-to-trough decline	-20.25%	-6.12%	-14.13%
Max Drawdown (1Y) Largest decline over 1 year	-3.87%	—	—
Current Drawdown Current decline from peak	-0.75%	-0.58%	-0.17%
Average Drawdown Average peak-to-trough decline	-3.09%	-1.69%	-1.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.06%	—	—

Volatility

Volatility by Period

	KNGC.TO	ZEQL.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.31%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.01%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.30%	12.92%	-0.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	123,156.10%	12.92%	+123,143.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	123,156.10%	12.92%	+123,143.18%

KNGC.TO vs. ZEQL.TO - Expense Ratio Comparison

KNGC.TO has a 0.17% expense ratio, which is higher than ZEQL.TO's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

KNGC.TO vs. ZEQL.TO - Dividend Comparison

KNGC.TO's dividend yield for the trailing twelve months is around 1.62%, more than ZEQL.TO's 0.37% yield.

Position	TTM	2025	2024
KNGC.TO Brompton Canadian Cash Flow Kings ETF	1.62%	1.69%	0.73%
ZEQL.TO BMO MSCI USA Equal Weight Index ETF (CAD Units)	0.37%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KNGC.TO and ZEQL.TO in my portfolio?

KNGC.TO and ZEQL.TO have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KNGC.TO or ZEQL.TO?

On fees, ZEQL.TO is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KNGC.TO or ZEQL.TO?

ZEQL.TO is cheaper with a 0.05% expense ratio, compared with 0.17% for KNGC.TO.

What is the main difference between KNGC.TO and ZEQL.TO?

KNGC.TO tracks Brompton Index One Canadian Cash Flow Kings Index, while ZEQL.TO tracks MSCI USA Equal Weighted Index. They also come from different issuers: Brompton and BMO. Their fees differ too: 0.17% for KNGC.TO and 0.05% for ZEQL.TO.