VS
Evolve Global Healthcare Enhanced Yield ETF (LIFE) and BMO SPDR Health Care Select Sector Index ETF (ZXLV) offer distinct profiles for Canadian ETF investors. A direct comparison shows that LIFE focuses its top 3 sector exposures on Health Care, while ZXLV leans towards Health Care. When evaluating costs, LIFE features a management fee (MER) of 0.45%, compared to 0.21% for ZXLV. Performance-wise, LIFE has returned 7.72% year-to-date with +$21 M in net flows, whereas ZXLV is at 4.53% with +$6 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
LIFE
ZXLV
| AuM | $248.81 M | $19.28 M |
| Management Fees | 0.45% | 0.21% |
| Exp. ratio | 0.65% | 0.21% |
| Tracking Difference | - | - |
Historical performance and flows
As of May 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | LIFE | -2.64% | -9.03% | -7.72% | +1.77% | -5.03% |
ZXLV | +0.50% | -5.45% | -4.53% | +9.36% | - | |
| Flows | LIFE | -$12 M | +$9 M | +$21 M | +$67 M | +$100 M |
ZXLV | +$3 M | -$0 M | +$6 M | +$18 M | - |
LIFE vs ZXLV exposure
Countries
LIFE
USA
72.00%
Other
23.09%
ZXLV
USA
97.26%
Sectors
LIFE
Health Care
71.49%
Other
28.51%
ZXLV
Health Care
98.29%
As of May 20, 2026
Top 10 Holdings
LIFE
JOHNSON&JOHNSON
6.54%
GILEAD SCIENCES
6.11%
PFIZER
6.06%
MERCK & CO INC
6.00%
AMGEN-T
5.84%
ABBVIE
5.42%
US80105N1054
5.42%
MEDTRONIC PLC
4.91%
STRYKER
4.85%
LILLY
4.64%
ZXLV
LILLY
13.74%
JOHNSON&JOHNSON
11.10%
ABBVIE
7.25%
MERCK & CO INC
5.63%
UNITEDHEALTH GRP
4.62%
AMGEN-T
3.57%
THERMO FISHER SCIENTIFIC
3.48%
ABBOTT LABS
3.37%
GILEAD SCIENCES
3.26%
INTUITIVE SURGICAL
3.09%
Diversification
LIFE
Total weight of top 10 holdings out of 15 total
55.78%
ZXLV
Total weight of top 10 holdings out of 59 total
59.10%
Characteristics
Compare
LIFE
ZXLV
| Provider | Evolve ETFs | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P Health Care Select Sector Total Return Index - USD |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 12.24% | 0.53% |
| Meets ESG criteria | No | No |
| Inception Date | October 25, 2017 | February 2, 2025 |
Frequently asked questions about LIFE and ZXLV
Which ETF has performed better year to date: LIFE or ZXLV?
As of May 20, 2026, LIFE has returned -7.72% year to date, while ZXLV has returned -4.53%. ZXLV is ahead on YTD performance.
Which ETF is larger by assets under management: LIFE or ZXLV?
As of May 20, 2026, LIFE manages $248.81 M in assets, while ZXLV manages $19.28 M. LIFE is the larger fund by AUM.
How are LIFE and ZXLV managed?
LIFE is actively managed by Evolve ETFs. It does not track an index. ZXLV is passively managed by BMO. It tracks the S&P Health Care Select Sector Total Return Index - USD benchmark.
What sectors do LIFE and ZXLV emphasize?
LIFE is most exposed to Health Care. ZXLV is most exposed to Health Care.
Which ETF is attracting more investor flows: LIFE or ZXLV?
Year to date, LIFE has seen +$20.51 M in net flows, compared with +$5.95 M for ZXLV. LIFE has attracted more net investor money so far.
How do the fees of LIFE and ZXLV compare?
LIFE has an expense ratio of 0.65%, while ZXLV has an expense ratio of 0.21%.
What are the top holdings of LIFE and ZXLV?
LIFE's largest holdings include JOHNSON&JOHNSON, GILEAD SCIENCES, and PFIZER. ZXLV's top holdings include LILLY, JOHNSON&JOHNSON, and ABBVIE.
Which ETF is more diversified: LIFE or ZXLV?
LIFE holds 15 securities, while ZXLV holds 56. On holdings count, ZXLV is the more diversified portfolio.
Recent articles about LIFE and ZXLV
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.


