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Compare Evolve US Banks Enhanced Yield ETF (CALL) vs BMO Covered Call Canadian Banks ETF (ZWB) to find the best fit for your portfolio. CALL provides Financials and Materials exposures, while ZWB is primarily weighted in Financials. When evaluating costs, CALL features a management fee (MER) of 0.45%, compared to 0.65% for ZWB. Performance-wise, CALL has returned 2.02% year-to-date with +$2 M in net flows, whereas ZWB is at 10.55% with +$10 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
CALL
ZWB
| AuM | $119.86 M | $4,148.33 M |
| Management Fees | 0.45% | 0.65% |
| Exp. ratio | 0.66% | 0.72% |
| Tracking Difference | - | - |
Historical performance and flows
As of April 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CALL | +6.79% | +0.35% | +2.02% | +30.33% | +50.41% |
ZWB | +9.56% | +9.84% | +10.55% | +54.48% | +83.66% | |
| Flows | CALL | +$0 M | +$4 M | +$2 M | +$9 M | +$57 M |
ZWB | -$9 M | +$2 M | +$10 M | -$45 M | -$148 M |
CALL vs ZWB exposure
Countries
CALL
USA
90.34%
Other
9.66%
ZWB
Canada
100.12%
Sectors
CALL
Financials
90.34%
Other
9.66%
ZWB
Financials
100.12%
As of April 24, 2026
Top 10 Holdings
CALL
CITIGROUP
5.22%
WEBSTER FINANCIAL CORPORATION
5.20%
CITIZENS FINANCIAL GROUP
5.15%
THE GOLDMAN SACHS GROUP
5.13%
EAST WEST BANCORP
5.12%
PNC FINL SVC
5.09%
JPMORGAN CHASE
5.09%
KEYCORP
5.06%
BARRICK GOLD
5.06%
BK OF AMERICA CO
5.02%
ZWB
TORONTO DOMINION
16.89%
ROYAL BK CANADA
16.86%
BNS
16.70%
BANK OF MONTREAL
16.61%
NATIONAL BANK OF CANADA
16.60%
CDN IMPERIAL BK
16.45%
Diversification
CALL
Total weight of top 10 holdings out of 19 total
51.14%
ZWB
Total weight of top 10 holdings out of 6 total
100.12%
Characteristics
Compare
CALL
ZWB
| Provider | Evolve ETFs | BMO |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 8.97% | 5.04% |
| Meets ESG criteria | No | No |
| Inception Date | October 16, 2017 | January 28, 2011 |
Frequently asked questions about CALL and ZWB
Which ETF has performed better year to date: CALL or ZWB?
As of April 24, 2026, CALL has returned 2.02% year to date, while ZWB has returned 10.55%. ZWB is ahead on YTD performance.
Which ETF is larger by assets under management: CALL or ZWB?
As of April 24, 2026, CALL manages $119.86 M in assets, while ZWB manages $4.15 B. ZWB is the larger fund by AUM.
How are CALL and ZWB managed?
CALL is actively managed by Evolve ETFs. It does not track an index. ZWB is actively managed by BMO. It does not track an index.
What sectors do CALL and ZWB emphasize?
CALL is most exposed to Financials and Materials. ZWB is most exposed to Financials.
Which ETF is attracting more investor flows: CALL or ZWB?
Year to date, CALL has seen +$2.41 M in net flows, compared with +$10.50 M for ZWB. ZWB has attracted more net investor money so far.
How do the fees of CALL and ZWB compare?
CALL has an expense ratio of 0.66%, while ZWB has an expense ratio of 0.72%.
What are the top holdings of CALL and ZWB?
CALL's largest holdings include CITIGROUP, WEBSTER FINANCIAL CORPORATION, and CITIZENS FINANCIAL GROUP. ZWB's top holdings include TORONTO DOMINION, ROYAL BK CANADA, and BNS.
Which ETF is more diversified: CALL or ZWB?
CALL holds 19 securities, while ZWB holds 6. On holdings count, CALL is the more diversified portfolio.
Recent articles about CALL and ZWB
How Canadians Can Generate Income with these Covered Call ETFs
A look at Canadian Covered Call ETFs that have attractive distribution yields.
Posted on 10/23/2024 by Kyle Anthony inStock Market
A Tale of Two Banking ETFs
With the interest rate environment poised to change in 2024, the banking landscape will shift accordingly.
Posted on 1/3/2024 by Kyle Anthony inBanks
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