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Evolve NASDAQ Technology Enhanced Yield Index Fund ETF (QQQY) and BMO Covered Call Technology ETF (ZWT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that QQQY focuses its top 3 sector exposures on Technology, Business Services, and Finance, while ZWT leans towards Technology, Consumer Non-Cyclicals, and Business Services. When evaluating costs, QQQY features a management fee (MER) of 2%, compared to 0.65% for ZWT. Performance-wise, QQQY has returned 15.47% year-to-date with +$15 M in net flows, whereas ZWT is at 15.85% 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
QQQY
ZWT
| AuM | $127.99 M | $208.41 M |
| Management Fees | 2.00% | 0.65% |
| Exp. ratio | 0.74% | 0.72% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QQQY | -2.34% | -3.00% | +15.47% | +20.36% | - |
ZWT | -1.00% | -2.10% | +15.85% | +20.02% | +125.86% | |
| Flows | QQQY | -$5 M | +$4 M | +$15 M | +$20 M | - |
ZWT | -$0 M | -$0 M | -$8 M | -$2 M | +$31 M |
QQQY vs ZWT exposure
Countries
QQQY
USA
94.06%
ZWT
USA
99.05%
Sectors
QQQY
Technology
95.07%
ZWT
Technology
89.26%
Consumer Non-Cyclicals
7.94%
As of September 15, 2026
Top 10 Holdings
QQQY
Microsoft Corp.
11.32%
Apple, Inc.
10.78%
NVIDIA Corp.
10.15%
Broadcom Inc.
9.17%
Meta Platforms, Inc.
7.21%
Alphabet, Inc.
5.27%
Micron Technology, Inc.
5.06%
Alphabet, Inc.
4.94%
Advanced Micro Devices, Inc.
4.46%
Intel Corp.
2.44%
ZWT
Apple, Inc.
9.60%
Microsoft Corp.
9.39%
Broadcom Inc.
8.13%
NVIDIA Corp.
8.00%
Amazon.com, Inc.
7.94%
Alphabet, Inc.
7.44%
Meta Platforms, Inc.
7.19%
Micron Technology, Inc.
6.39%
Advanced Micro Devices, Inc.
4.46%
Cisco Systems, Inc.
2.78%
Diversification
QQQY
Total weight of top 10 holdings out of 48 total
70.81%
ZWT
Total weight of top 10 holdings out of 30 total
71.33%
Characteristics
Compare
QQQY
ZWT
| Provider | Evolve ETFs | BMO |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 11.06% | 5.05% |
| Meets ESG criteria | No | No |
| Inception Date | October 13, 2023 | January 26, 2021 |
Frequently asked questions about QQQY and ZWT
Which ETF has performed better year to date: QQQY or ZWT?
As of September 15, 2026, QQQY has returned 15.47% year to date, while ZWT has returned 15.85%. ZWT is ahead on YTD performance.
Which ETF is larger by assets under management: QQQY or ZWT?
As of September 15, 2026, QQQY manages $127.99 M in assets, while ZWT manages $208.41 M. ZWT is the larger fund by AUM.
How are QQQY and ZWT managed?
QQQY is actively managed by Evolve ETFs. It does not track an index. ZWT is actively managed by BMO. It does not track an index.
What sectors do QQQY and ZWT emphasize?
QQQY is most exposed to Technology, Business Services, and Finance. ZWT is most exposed to Technology, Consumer Non-Cyclicals, and Business Services.
Which ETF is attracting more investor flows: QQQY or ZWT?
Year to date, QQQY has seen +$15.01 M in net flows, compared with -$8.06 M for ZWT. QQQY has attracted more net investor money so far.
How do the fees of QQQY and ZWT compare?
QQQY has an expense ratio of 0.74%, while ZWT has an expense ratio of 0.72%.
What are the top holdings of QQQY and ZWT?
QQQY's largest holdings include Microsoft Corp., Apple, Inc., and Alphabet, Inc.. ZWT's top holdings include Apple, Inc., Microsoft Corp., and Broadcom Inc..
Which ETF is more diversified: QQQY or ZWT?
QQQY holds 47 securities, while ZWT holds 30. On holdings count, QQQY is the more diversified portfolio.
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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.