VS
Compare Harvest Canadian Equity Income Leaders ETF (HLIF) vs BMO Canadian High Dividend Covered Call ETF (ZWC) to find the best fit for your portfolio. HLIF and ZWC provide the same top sector exposures: Financials, Energy, and Materials. When evaluating costs, HLIF features a management fee (MER) of 0.65%, compared to 0.65% for ZWC. Performance-wise, HLIF has returned 15.37% year-to-date with +$21 M in net flows, whereas ZWC is at 10.88% with +$208 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
HLIF
ZWC
| AuM | $171.79 M | $2,311.21 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.79% | 0.72% |
| Tracking Difference | - | - |
Historical performance and flows
As of June 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HLIF | +2.02% | +7.77% | +15.37% | +36.15% | +73.52% |
ZWC | +1.23% | +4.53% | +10.88% | +28.02% | +61.44% | |
| Flows | HLIF | +$7 M | +$12 M | +$21 M | +$17 M | +$31 M |
ZWC | +$40 M | +$129 M | +$208 M | +$282 M | +$219 M |
HLIF vs ZWC exposure
Countries
HLIF
Canada
93.00%
ZWC
Canada
98.39%
Sectors
HLIF
Financials
33.20%
Energy
19.80%
Materials
10.50%
Other
10.30%
Utilities
9.80%
Other
16.40%
ZWC
Financials
37.04%
Energy
23.02%
Materials
10.11%
Utilities
8.89%
Other
7.10%
Other
13.85%
As of June 10, 2026
Top 10 Holdings
HLIF
BARRICK GOLD
3.60%
LUNDIN GOLD INC
3.60%
MAGNA INTERNATIONAL
3.50%
POWER CORPORATION OF CANADA
3.40%
SUNCOR ENERGY
3.40%
IGM FINANCIAL
3.40%
CENOVUS ENERGY
3.40%
TORONTO DOMINION
3.40%
ENBRIDGE
3.30%
GREAT WEST LIFECO
3.30%
ZWC
ROYAL BK CANADA
7.17%
CDN IMPERIAL BK
5.89%
TORONTO DOMINION
5.89%
CDN NATURAL RESOURCE
5.70%
BNS
5.13%
SUNCOR ENERGY
5.00%
ENBRIDGE
4.93%
TC ENERGY CORP
3.99%
BANK OF MONTREAL
3.55%
FORTIS
3.36%
Diversification
HLIF
Total weight of top 10 holdings out of 28 total
34.30%
ZWC
Total weight of top 10 holdings out of 39 total
50.60%
Characteristics
Compare
HLIF
ZWC
| Provider | Harvest Portfolios Group | BMO |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 6.09% | 5.65% |
| Meets ESG criteria | No | No |
| Inception Date | June 13, 2022 | February 9, 2017 |
Frequently asked questions about HLIF and ZWC
Which ETF has performed better year to date: HLIF or ZWC?
As of June 10, 2026, HLIF has returned 15.37% year to date, while ZWC has returned 10.88%. HLIF is ahead on YTD performance.
Which ETF is larger by assets under management: HLIF or ZWC?
As of June 10, 2026, HLIF manages $171.79 M in assets, while ZWC manages $2.31 B. ZWC is the larger fund by AUM.
How are HLIF and ZWC managed?
HLIF is actively managed by Harvest Portfolios Group. It does not track an index. ZWC is actively managed by BMO. It does not track an index.
What sectors do HLIF and ZWC emphasize?
HLIF is most exposed to Financials, Energy, and Materials. ZWC is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: HLIF or ZWC?
Year to date, HLIF has seen +$21.14 M in net flows, compared with +$207.58 M for ZWC. ZWC has attracted more net investor money so far.
How do the fees of HLIF and ZWC compare?
HLIF has an expense ratio of 0.79%, while ZWC has an expense ratio of 0.72%.
What are the top holdings of HLIF and ZWC?
HLIF's largest holdings include BARRICK GOLD, LUNDIN GOLD INC, and MAGNA INTERNATIONAL. ZWC's top holdings include ROYAL BK CANADA and CDN IMPERIAL BK.
Which ETF is more diversified: HLIF or ZWC?
HLIF holds 28 securities, while ZWC holds 34. On holdings count, ZWC is the more diversified portfolio.
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