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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 Information Technology, Communication Services, and Consumer Discretionary, while ZWT leans towards Information Technology, Communication Services, and Consumer Discretionary. When evaluating costs, TECX features a management fee (MER) of 0.35%, compared to 0.65% for ZWT. Performance-wise, TECX has returned 5.21% year-to-date with +$3 M in net flows, whereas ZWT is at 7% with +$28 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 | $14.71 M | $230.86 M |
| Management Fees | 0.35% | 0.65% |
| Exp. ratio | 0.39% | 0.71% |
| Tracking Difference | -0.57% | - |
Historical performance and flows
As of May 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TECX | +16.03% | +5.54% | +5.21% | +36.59% | +112.03% |
ZWT | +14.30% | +6.38% | +7.00% | +42.92% | +149.10% | |
| Flows | TECX | +$2 M | +$3 M | +$3 M | -$6 M | +$9 M |
ZWT | +$9 M | +$28 M | +$28 M | +$32 M | +$71 M |
TECX vs ZWT exposure
Countries
TECX
USA
87.48%
Other
12.52%
ZWT
USA
97.85%
Sectors
TECX
Information Technology
63.75%
Communication Services
16.21%
Consumer Discretionary
12.24%
Other
7.80%
ZWT
Information Technology
67.17%
Communication Services
20.90%
Consumer Discretionary
9.29%
As of May 1, 2026
Top 10 Holdings
TECX
NVIDIA
12.83%
APPLE
11.81%
MICROSOFT-T
8.76%
AMAZON.COM INC
6.38%
ALPHABET INC-CL
5.29%
ALPHABET INC-CL
4.57%
BROADCOM LIMITED
4.54%
META PLATFORMS
3.87%
TESLA
3.42%
VISA INCORPORATION
1.68%
ZWT
APPLE
9.40%
AMAZON.COM INC
9.29%
MICROSOFT-T
9.23%
NVIDIA
9.04%
ALPHABET INC-CL
9.03%
BROADCOM LIMITED
8.83%
META PLATFORMS
8.66%
NETFLIX
3.21%
MICRON TECHNOLOGY
3.04%
PALANTIR TECHNOLOGIES
2.38%
Diversification
TECX
Total weight of top 10 holdings out of 205 total
63.15%
ZWT
Total weight of top 10 holdings out of 30 total
72.11%
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 | 0.17% | 4.52% |
| 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 May 1, 2026, TECX has returned 5.21% year to date, while ZWT has returned 7.00%. ZWT is ahead on YTD performance.
Which ETF is larger by assets under management: TECX or ZWT?
As of May 1, 2026, TECX manages $14.71 M in assets, while ZWT manages $230.86 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 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: TECX or ZWT?
Year to date, TECX has seen +$3.40 M in net flows, compared with +$28.36 M for ZWT. ZWT 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, APPLE, and ALPHABET INC-CL. ZWT's top holdings include APPLE, AMAZON.COM INC, and MICROSOFT-T.
Which ETF is more diversified: TECX or ZWT?
TECX holds 196 securities, while ZWT holds 29. On holdings count, TECX is the more diversified portfolio.
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