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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 and ZWB provide the same top sector exposures: Finance. When evaluating costs, CALL features a management fee (MER) of 0.45%, compared to 0.65% for ZWB. Performance-wise, CALL has returned 11.84% year-to-date with +$7 M in net flows, whereas ZWB is at 30.23% 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
Key Data
Compare
CALL
ZWB
| AuM | $133.17 M | $4,860.77 M |
| Management Fees | 0.45% | 0.65% |
| Exp. ratio | 0.66% | 0.72% |
| Tracking Difference | - | - |
Historical performance and flows
As of July 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CALL | +2.36% | +8.09% | +11.84% | +21.05% | +50.57% |
ZWB | +2.77% | +17.42% | +30.23% | +58.71% | +113.11% | |
| Flows | CALL | +$1 M | +$5 M | +$7 M | +$12 M | +$31 M |
ZWB | +$45 M | +$41 M | +$53 M | +$44 M | -$207 M |
CALL vs ZWB exposure
Countries
CALL
USA
93.70%
ZWB
Canada
100.22%
Sectors
CALL
Finance
93.70%
ZWB
Finance
100.22%
As of July 28, 2026
Top 10 Holdings
CALL
Citigroup, Inc.
5.66%
East West Bancorp, Inc.
5.30%
Citizens Financial Group, Inc. (Rhode Island)
5.22%
The PNC Financial Services Group, Inc.
5.17%
The Goldman Sachs Group, Inc.
5.10%
Fifth Third Bancorp
5.10%
Bank of America Corp.
5.04%
KeyCorp
5.00%
U.S. Bancorp
4.99%
JPMorgan Chase & Co.
4.87%
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
CALL
Total weight of top 10 holdings out of 19 total
51.43%
ZWB
Total weight of top 10 holdings out of 6 total
100.22%
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 | 9.24% | 4.63% |
| 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 July 28, 2026, CALL has returned 11.84% year to date, while ZWB has returned 30.23%. ZWB is ahead on YTD performance.
Which ETF is larger by assets under management: CALL or ZWB?
As of July 28, 2026, CALL manages $133.17 M in assets, while ZWB manages $4.86 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 Finance. ZWB is most exposed to Finance.
Which ETF is attracting more investor flows: CALL or ZWB?
Year to date, CALL has seen +$7.31 M in net flows, compared with +$53.30 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, Inc., East West Bancorp, Inc., and Citizens Financial Group, Inc. (Rhode Island). ZWB's top holdings include Bank of Montreal, The Toronto-Dominion Bank, and Royal Bank of Canada.
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
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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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