VS
Invesco Morningstar Global Next Gen AI Index ETF (INAI) and BMO Covered Call Technology ETF (ZWT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that INAI focuses its top 3 sector exposures on Information Technology, Communication Services, and Consumer Discretionary, while ZWT leans towards Information Technology, Communication Services, and Consumer Discretionary. When evaluating costs, INAI features a management fee (MER) of 0.35%, compared to 0.65% for ZWT. Performance-wise, INAI has returned 28.85% year-to-date with +$4 M in net flows, whereas ZWT is at 13.86% with -$8 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
INAI
ZWT
| AuM | $36.38 M | $208.12 M |
| Management Fees | 0.35% | 0.65% |
| Exp. ratio | 0.39% | 0.71% |
| Tracking Difference | -1.21% | - |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | INAI | +2.03% | +30.67% | +28.85% | +66.05% | - |
ZWT | +1.51% | +18.72% | +13.86% | +36.46% | +135.27% | |
| Flows | INAI | +$2 M | +$2 M | +$4 M | +$16 M | - |
ZWT | -$36 M | -$22 M | -$8 M | +$11 M | +$31 M |
INAI vs ZWT exposure
Countries
INAI
USA
67.10%
Cayman Islands
11.41%
Taiwan
10.20%
Other
11.29%
ZWT
USA
99.58%
Sectors
INAI
Information Technology
66.04%
Communication Services
15.84%
Consumer Discretionary
9.07%
Other
8.34%
ZWT
Information Technology
68.09%
Communication Services
20.87%
Consumer Discretionary
9.50%
As of June 11, 2026
Top 10 Holdings
INAI
NVIDIA
8.68%
MICROSOFT-T
6.29%
AMAZON.COM INC
6.18%
ALPHABET INC-CL
5.39%
TWN SEMICONT MAN
5.36%
BROADCOM LIMITED
5.06%
ADVANCED MICRO DEVICES
4.82%
META PLATFORMS
4.37%
MARVELL TECHNOLOGY
4.37%
MICRON TECHNOLOGY
4.08%
ZWT
AMAZON.COM INC
9.50%
ALPHABET INC-CL
9.32%
BROADCOM LIMITED
9.22%
NVIDIA
9.11%
MICROSOFT-T
9.02%
META PLATFORMS
8.94%
APPLE
8.25%
MICRON TECHNOLOGY
4.07%
ADVANCED MICRO DEVICES
3.30%
INTEL-T
2.84%
Diversification
INAI
Total weight of top 10 holdings out of 52 total
54.60%
ZWT
Total weight of top 10 holdings out of 30 total
73.57%
Characteristics
Compare
INAI
ZWT
| Provider | Invesco | BMO |
| Management | Passively managed | Actively managed |
| Benchmark | Morningstar Global Next Generation Artificial Intelligence - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.03% | 4.46% |
| Meets ESG criteria | No | No |
| Inception Date | January 18, 2024 | January 26, 2021 |
Frequently asked questions about INAI and ZWT
Which ETF has performed better year to date: INAI or ZWT?
As of June 11, 2026, INAI has returned 28.85% year to date, while ZWT has returned 13.86%. INAI is ahead on YTD performance.
Which ETF is larger by assets under management: INAI or ZWT?
As of June 11, 2026, INAI manages $36.38 M in assets, while ZWT manages $208.12 M. ZWT is the larger fund by AUM.
How are INAI and ZWT managed?
INAI is passively managed by Invesco. It tracks the Morningstar Global Next Generation Artificial Intelligence - CAD benchmark. ZWT is actively managed by BMO. It does not track an index.
What sectors do INAI and ZWT emphasize?
INAI is most exposed to Information Technology, Communication Services, and Consumer Discretionary. ZWT is most exposed to Information Technology, Communication Services, and Consumer Discretionary.
Which ETF is attracting more investor flows: INAI or ZWT?
Year to date, INAI has seen +$4.35 M in net flows, compared with -$7.98 M for ZWT. INAI has attracted more net investor money so far.
How do the fees of INAI and ZWT compare?
INAI has an expense ratio of 0.39%, while ZWT has an expense ratio of 0.71%.
What are the top holdings of INAI and ZWT?
INAI's largest holdings include NVIDIA and MICROSOFT-T. ZWT's top holdings include AMAZON.COM INC, ALPHABET INC-CL, and BROADCOM LIMITED.
Which ETF is more diversified: INAI or ZWT?
INAI holds 43 securities, while ZWT holds 29. On holdings count, INAI is the more diversified portfolio.
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