VS
HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF (CWIN) and BMO S&P 500 Index ETF (ZSP) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CWIN focuses its top 3 sector exposures on Finance, Non-Energy Materials, and Consumer Cyclicals, while ZSP leans towards Technology, Finance, and Consumer Non-Cyclicals. When evaluating costs, CWIN features a management fee (MER) of 0.65%, compared to 0.08% for ZSP. Performance-wise, CWIN has returned 21.19% year-to-date with +$3 M in net flows, whereas ZSP is at 11.96% with +$291 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
CWIN
ZSP
| AuM | $18.65 M | $23,825.17 M |
| Management Fees | 0.65% | 0.08% |
| Exp. ratio | 0.65% | 0.09% |
| Tracking Difference | - | -0.10% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CWIN | +2.15% | +7.43% | +21.19% | +38.93% | - |
ZSP | +0.08% | +8.15% | +11.96% | +22.47% | +80.87% | |
| Flows | CWIN | -$0 M | +$2 M | +$3 M | +$5 M | - |
ZSP | -$96 M | +$12 M | +$291 M | +$899 M | +$5,074 M |
CWIN vs ZSP exposure
Countries
CWIN
Canada
91.95%
USA
8.10%
ZSP
USA
97.59%
Sectors
CWIN
Finance
40.76%
Non-Energy Materials
12.49%
Consumer Cyclicals
8.85%
Industrials
8.27%
Consumer Non-Cyclicals
7.69%
Energy
7.24%
Other
14.69%
ZSP
Technology
45.24%
Finance
13.35%
Consumer Non-Cyclicals
8.96%
Healthcare
8.87%
Industrials
7.90%
Other
15.69%
As of July 20, 2026
Top 10 Holdings
CWIN
Bank of Montreal
4.82%
Sun Life Financial, Inc.
4.75%
The Toronto-Dominion Bank
4.69%
Royal Bank of Canada
4.64%
The Bank of Nova Scotia
4.61%
RB Global, Inc.
4.55%
Canadian Imperial Bank of Commerce
4.39%
National Bank of Canada
4.37%
Alimentation Couche-Tard, Inc.
4.31%
Manulife Financial Corp.
4.28%
ZSP
NVIDIA Corp.
7.39%
Apple, Inc.
6.48%
Microsoft Corp.
4.29%
Amazon.com, Inc.
3.68%
Alphabet, Inc.
3.24%
Broadcom Inc.
2.76%
Alphabet, Inc.
2.60%
Micron Technology, Inc.
2.03%
Meta Platforms, Inc.
1.94%
Tesla, Inc.
1.81%
Diversification
CWIN
Total weight of top 10 holdings out of 25 total
45.41%
ZSP
Total weight of top 10 holdings out of 502 total
36.20%
Characteristics
Compare
CWIN
ZSP
| Provider | Hamilton ETFs | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Canada Dividend Elite Champions Index - CAD | S&P 500 CAD Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.10% | 0.77% |
| Meets ESG criteria | No | No |
| Inception Date | January 28, 2025 | November 14, 2012 |
Frequently asked questions about CWIN and ZSP
Which ETF has performed better year to date: CWIN or ZSP?
As of July 20, 2026, CWIN has returned 21.19% year to date, while ZSP has returned 11.96%. CWIN is ahead on YTD performance.
Which ETF is larger by assets under management: CWIN or ZSP?
As of July 20, 2026, CWIN manages $18.65 M in assets, while ZSP manages $23.83 B. ZSP is the larger fund by AUM.
How are CWIN and ZSP managed?
CWIN is passively managed by Hamilton ETFs. It tracks the Solactive Canada Dividend Elite Champions Index - CAD benchmark. ZSP is passively managed by BMO. It tracks the S&P 500 CAD Total Return Index - CAD benchmark.
What sectors do CWIN and ZSP emphasize?
CWIN is most exposed to Finance, Non-Energy Materials, and Consumer Cyclicals. ZSP is most exposed to Technology, Finance, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: CWIN or ZSP?
Year to date, CWIN has seen +$2.71 M in net flows, compared with +$290.69 M for ZSP. ZSP has attracted more net investor money so far.
How do the fees of CWIN and ZSP compare?
CWIN has an expense ratio of 0.65%, while ZSP has an expense ratio of 0.09%.
What are the top holdings of CWIN and ZSP?
CWIN's largest holdings include Bank of Montreal, Sun Life Financial, Inc., and The Toronto-Dominion Bank. ZSP's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: CWIN or ZSP?
CWIN holds 25 securities, while ZSP holds 495. On holdings count, ZSP is the more diversified portfolio.
Recent articles about CWIN and ZSP
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