A side-by-side comparison of Global X Artificial Intelligence Infrastructure Index ETF (MTRX) and BMO Global Infrastructure Index ETF (ZGI) to help Canadian investors make an informed decision.
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1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | MTRX | ZGI |
|---|---|---|
| YTD Return | +36.12%✓ | +11.69% |
| 1-Day Change | +3.57%✓ | +1.22% |
| 1-Week Change | +3.48%✓ | -2.34% |
| 1-Month Change | +6.56%✓ | -0.80% |
| Current Price | $38.33 | $57.99 |
| AUM | $52M | $491M✓ |
| MER (Expense Ratio) | — | 0% |
| Dividend Yield | 0.03% | 2.30%✓ |
| Distribution Frequency | — | Quarterly |
| Inception Date | 2025-02-20 | 2010-01-19 |
| Holdings Count | 10 | 10 |
| MorningStar Rating | — | ★★★★ |
| Category | Global Infrastructure Equity | Global Infrastructure Equity |
| Beta | 0.00 | 1.08 |
| 52-Week High | $38.90 | $60.94 |
| 52-Week Low | $19.99 | $50.31 |
| 50-Day MA | $34.47 | $58.27 |
| 200-Day MA | $33.14 | $55.23 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | MTRX | ZGI |
|---|---|---|
| YTD | +36.12%✓ | +11.69% |
| 1 Year | +83.89%✓ | +13.23% |
| 3 Year | — | +15.15% |
| 5 Year | — | +11.86% |
| 10 Year | — | +9.01% |
| 1Y Volatility | 26.40% | 12.90% |
| Sharpe Ratio (3Y) | — | 0.92 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | 2308 | Delta Electronics Inc | 6.80% |
| 2 | GEV | GE Vernova LLC | 6.08% |
| 3 | VRT | Vertiv Holdings Co | 5.25% |
| 4 | CCO | Cameco Corp | 5.05% |
| 5 | ANET | Arista Networks | 4.86% |
| 6 | ABBN | ABB Ltd | 4.63% |
| 7 | 300308 | Shandong Zhongji Electrical Equipment Co Ltd | 4.59% |
| 8 | ETN | Eaton Corporation PLC | 4.58% |
| 9 | ENR | Siemens Energy AG | 4.48% |
| 10 | SCCO | Southern Copper Corporation | 4.44% |
| 1 | ENB | Enbridge Inc | 9.10% |
| 2 | WMB | Williams Companies Inc | 7.00% |
| 3 | NGG | National Grid PLC ADR | 6.69% |
| 4 | AMT | American Tower Corp | 6.52% |
| 5 | TRP | TC Energy Corp | 5.21% |
| 6 | KMI | Kinder Morgan Inc | 4.87% |
| 7 | SRE | Sempra Energy | 4.73% |
| 8 | LNG | Cheniere Energy Inc | 4.58% |
| 9 | OKE | ONEOK Inc | 4.40% |
| 10 | TRGP | Targa Resources Inc | 4.20% |
Sector Weights
| Sector | MTRX | ZGI |
|---|---|---|
| Basic Materials | 20.44% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 11.73% | 44.89% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 40.37% | 1.58% |
| Real Estate | 0.00% | 11.32% |
| Technology | 22.40% | 0.00% |
| Utilities | 5.06% | 42.22% |
About MTRX
Global X Artificial Intelligence Infrastructure Index ETF (MTRX.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
About ZGI
BMO Global Infrastructure Index ETF (ZGI.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
Which ETF is Right for You?
Both MTRX and ZGI are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, ZGI scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between MTRX and ZGI?
MTRX (Global X Artificial Intelligence Infrastructure Index ETF) and ZGI (BMO Global Infrastructure Index ETF) are both Canadian-listed ETFs. Key differences include their AUM ($52M vs $491M), dividend yield (0.03% vs 2.30%), and year-to-date performance (+36.12% vs +11.69%).
Is MTRX better than ZGI?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, MTRX has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy MTRX and ZGI on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both MTRX and ZGI should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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