BANK
Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund

Full BANK fund page
VS
ZWB
BMO Covered Call Canadian Banks ETF

Full ZWB fund page

When evaluating costs, BANK features a management fee (MER) of 0.6%, compared to 0.65% for ZWB. Performance-wise, BANK has returned 32.28% year-to-date with +$236 M in net flows, whereas ZWB is at 28.23% with +$53 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

0.01.02.03.04.05.06.0%Jun 24Jul 2Jul 9Jul 16Jul 23

Key Data

Historical performance and flows

As of July 24, 2026
1M3MYTD1Y3Y
Perf.
BANK
+4.24%+20.46%+32.28%+64.54%+95.24%
ZWB
+1.91%+15.99%+28.23%+56.28%+109.47%
Flows
BANK
+$75 M+$157 M+$236 M+$424 M+$860 M
ZWB
+$47 M+$43 M+$53 M+$40 M-$206 M

BANK vs ZWB exposure

Countries

BANK
Exposure data will be available soon
ZWB
Canada
100.22%

Sectors

BANK
Exposure data will be available soon
ZWB
Finance
100.22%
As of July 24, 2026

Top 10 Holdings

BANK
Exposure data will be available soon
ZWB
Bank of Montreal
17.32%
The Toronto-Dominion Bank
17.30%
Royal Bank of Canada
17.03%
The Bank of Nova Scotia
16.71%
National Bank of Canada
15.99%
Canadian Imperial Bank of Commerce
15.86%

Diversification

BANK
Exposure data will be available soon
ZWB
Total weight of top 10 holdings out of 6 total
100.22%

Characteristics

Compare
BANK
ZWB
ProviderEvolve ETFsBMO
ManagementActively managedActively managed
Benchmark--
Replication Method
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield10.95%4.70%
Meets ESG criteriaNoNo
Inception DateFebruary 1, 2022January 28, 2011

Frequently asked questions about BANK and ZWB

Which ETF has performed better year to date: BANK or ZWB?
As of July 24, 2026, BANK has returned 32.28% year to date, while ZWB has returned 28.23%. BANK is ahead on YTD performance.
Which ETF is larger by assets under management: BANK or ZWB?
As of July 24, 2026, BANK manages $1.29 B in assets, while ZWB manages $4.79 B. ZWB is the larger fund by AUM.
How are BANK and ZWB managed?
BANK is actively managed by Evolve ETFs. It does not track an index. ZWB is actively managed by BMO. It does not track an index.
Which ETF is attracting more investor flows: BANK or ZWB?
Year to date, BANK has seen +$235.67 M in net flows, compared with +$53.30 M for ZWB. BANK has attracted more net investor money so far.
How do the fees of BANK and ZWB compare?
BANK has an expense ratio of 0.83%, while ZWB has an expense ratio of 0.72%.

Recent articles about BANK and ZWB

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