SBC “annihilating” ZEB via higher leverage.
ZEB is treated as the weaker bank-only ETF, with SBC’s leverage seen as outperforming it over time.
ZEB is presented as an ETF that only has the six banks, and the speaker claims SBC “completely annihilating ZEB over time.” The mechanism cited is leverage: SBC’s amplified returns diverge further when Canadian banks rise sharply.