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Compare iShares Core MSCI All Country World ex Canada Index ETF (XAW.U) vs BMO Market+ All Country World Equity ETF (ZMPW) to find the best fit for your portfolio. XAW.U provides Technology, Finance, and Industrials exposures, while ZMPW is primarily weighted in Technology, Finance, and Consumer Non-Cyclicals. When evaluating costs, XAW.U features a management fee (MER) of 0.2%, compared to 0.35% for ZMPW. 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
XAW.U
ZMPW
| AuM | $25.87 M | $1.72 M |
| Management Fees | 0.20% | 0.35% |
| Exp. ratio | 0.22% | 0.35% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XAW.U | +0.43% | +2.20% | +14.95% | +18.40% | +78.59% |
ZMPW | +2.60% | +3.57% | - | - | - | |
| Flows | XAW.U | +$1 M | +$3 M | +$8 M | +$8 M | +$11 M |
ZMPW | +$0 M | +$0 M | - | - | - |
XAW.U vs ZMPW exposure
Countries
XAW.U
USA
62.99%
Other
37.01%
ZMPW
USA
62.93%
Other
37.07%
Sectors
XAW.U
Technology
34.50%
Finance
18.74%
Industrials
10.13%
Healthcare
8.51%
Consumer Non-Cyclicals
8.22%
Other
19.89%
ZMPW
Technology
35.86%
Finance
18.81%
Consumer Non-Cyclicals
11.72%
Industrials
10.08%
Healthcare
9.80%
Other
13.73%
As of September 21, 2026
Top 10 Holdings
XAW.U
Apple, Inc.
4.46%
NVIDIA Corp.
4.30%
Microsoft Corp.
3.05%
Amazon.com, Inc.
2.10%
Alphabet, Inc.
1.78%
Broadcom Inc.
1.67%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.62%
Alphabet, Inc.
1.44%
Meta Platforms, Inc.
1.08%
Micron Technology, Inc.
0.90%
ZMPW
Apple, Inc.
5.72%
NVIDIA Corp.
4.65%
Microsoft Corp.
3.45%
Amazon.com, Inc.
2.62%
Alphabet, Inc.
2.32%
Alphabet, Inc.
2.15%
Broadcom Inc.
1.81%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.62%
AbbVie, Inc.
1.36%
Micron Technology, Inc.
1.34%
Diversification
XAW.U
Total weight of top 10 holdings out of 8,085 total
22.39%
ZMPW
Total weight of top 10 holdings out of 1,334 total
27.05%
Characteristics
Compare
XAW.U
ZMPW
| Provider | iShares | BMO |
| Management | Passively managed | Actively managed |
| Benchmark | MSCI ACWI ex Canada IMI Net Total Return Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.19% | - |
| Meets ESG criteria | No | No |
| Inception Date | October 22, 2019 | March 4, 2026 |
Frequently asked questions about XAW.U and ZMPW
Which ETF is larger by assets under management: XAW.U or ZMPW?
As of September 21, 2026, XAW.U manages $25.87 M in assets, while ZMPW manages $1.72 M. XAW.U is the larger fund by AUM.
How are XAW.U and ZMPW managed?
XAW.U is passively managed by iShares. It tracks the MSCI ACWI ex Canada IMI Net Total Return Index - CAD benchmark. ZMPW is actively managed by BMO. It does not track an index.
What sectors do XAW.U and ZMPW emphasize?
XAW.U is most exposed to Technology, Finance, and Industrials. ZMPW is most exposed to Technology, Finance, and Consumer Non-Cyclicals.
How do the fees of XAW.U and ZMPW compare?
XAW.U has an expense ratio of 0.22%, while ZMPW has an expense ratio of 0.35%.
What are the top holdings of XAW.U and ZMPW?
XAW.U's largest holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc.. ZMPW's top holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc..
Which ETF is more diversified: XAW.U or ZMPW?
XAW.U holds 7986 securities, while ZMPW holds 1276. On holdings count, XAW.U is the more diversified portfolio.
Recent articles about XAW.U and ZMPW
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