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TD Global Technology Leaders CAD Hedged Index ETF (TECX) and BMO Covered Call Technology ETF (ZWT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that TECX focuses its top 3 sector exposures on Technology, Consumer Non-Cyclicals, and Finance, while ZWT leans towards Technology, Consumer Non-Cyclicals, and Business Services. When evaluating costs, TECX features a management fee (MER) of 0.35%, compared to 0.65% for ZWT. Performance-wise, TECX has returned 13.68% year-to-date with +$3 M in net flows, whereas ZWT is at 16.5% with -$5 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
TECX
ZWT
| AuM | $15.89 M | $212.90 M |
| Management Fees | 0.35% | 0.65% |
| Exp. ratio | 0.39% | 0.71% |
| Tracking Difference | -0.41% | - |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TECX | -0.15% | -1.71% | +13.68% | +22.28% | +93.44% |
ZWT | -1.65% | -2.20% | +16.50% | +24.95% | +118.68% | |
| Flows | TECX | +$0 M | +$2 M | +$3 M | +$7 M | +$8 M |
ZWT | +$3 M | -$26 M | -$5 M | +$1 M | +$35 M |
TECX vs ZWT exposure
Countries
TECX
USA
88.29%
Other
11.71%
ZWT
USA
99.05%
Sectors
TECX
Technology
80.29%
Consumer Non-Cyclicals
7.51%
Other
12.19%
ZWT
Technology
89.26%
Consumer Non-Cyclicals
7.94%
As of September 3, 2026
Top 10 Holdings
TECX
NVIDIA Corp.
12.00%
Apple, Inc.
11.30%
Microsoft Corp.
8.71%
Amazon.com, Inc.
6.67%
Alphabet, Inc.
5.30%
Broadcom Inc.
4.63%
Alphabet, Inc.
4.62%
Meta Platforms, Inc.
3.12%
Tesla, Inc.
2.66%
Micron Technology, Inc.
2.37%
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
TECX
Total weight of top 10 holdings out of 229 total
61.37%
ZWT
Total weight of top 10 holdings out of 30 total
71.33%
Characteristics
Compare
TECX
ZWT
| Provider | TD Asset Management | BMO |
| Management | Passively managed | Actively managed |
| Benchmark | Solactive Global Technology Leaders Hedged to CAD Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.13% | 5.02% |
| Meets ESG criteria | No | No |
| Inception Date | April 27, 2023 | January 26, 2021 |
Frequently asked questions about TECX and ZWT
Which ETF has performed better year to date: TECX or ZWT?
As of September 3, 2026, TECX has returned 13.68% year to date, while ZWT has returned 16.50%. ZWT is ahead on YTD performance.
Which ETF is larger by assets under management: TECX or ZWT?
As of September 3, 2026, TECX manages $15.89 M in assets, while ZWT manages $212.90 M. ZWT is the larger fund by AUM.
How are TECX and ZWT managed?
TECX is passively managed by TD Asset Management. It tracks the Solactive Global Technology Leaders Hedged to CAD Index - CAD benchmark. ZWT is actively managed by BMO. It does not track an index.
What sectors do TECX and ZWT emphasize?
TECX is most exposed to Technology, Consumer Non-Cyclicals, and Finance. ZWT is most exposed to Technology, Consumer Non-Cyclicals, and Business Services.
Which ETF is attracting more investor flows: TECX or ZWT?
Year to date, TECX has seen +$3.32 M in net flows, compared with -$4.71 M for ZWT. TECX has attracted more net investor money so far.
How do the fees of TECX and ZWT compare?
TECX has an expense ratio of 0.39%, while ZWT has an expense ratio of 0.71%.
What are the top holdings of TECX and ZWT?
TECX's largest holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc.. ZWT's top holdings include Apple, Inc., Microsoft Corp., and Broadcom Inc..
Which ETF is more diversified: TECX or ZWT?
TECX holds 228 securities, while ZWT holds 30. On holdings count, TECX is the more diversified portfolio.
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