VS
BMO SIA Focused North American Equity Fund ETF (ZFN) and BMO Global Enhanced Income Fund ETF Series (ZWQT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZFN focuses its top 3 sector exposures on Finance, Industrials, and Consumer Non-Cyclicals, while ZWQT leans towards Finance, Technology, and Healthcare. When evaluating costs, ZFN features a management fee (MER) of 0.75%, compared to 0.73% for ZWQT. Performance-wise, ZFN has returned 2.96% year-to-date with -$19 M in net flows, whereas ZWQT is at 16.62% with +$32 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
ZFN
ZWQT
| AuM | $221.77 M | $54.44 M |
| Management Fees | 0.75% | 0.73% |
| Exp. ratio | 0.82% | 0.71% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZFN | -4.86% | -4.56% | -2.96% | +3.86% | +48.57% |
ZWQT | -0.85% | +2.23% | +16.62% | +24.58% | +59.58% | |
| Flows | ZFN | -$16 M | -$17 M | -$19 M | -$68 M | +$21 M |
ZWQT | -$3 M | -$2 M | +$32 M | +$33 M | +$44 M |
ZFN vs ZWQT exposure
Countries
ZFN
USA
59.53%
Canada
30.45%
Other
10.01%
ZWQT
USA
56.80%
Canada
20.08%
Other
23.12%
Sectors
ZFN
Finance
48.64%
Industrials
12.17%
Consumer Non-Cyclicals
11.29%
Healthcare
10.81%
Other
17.09%
ZWQT
Finance
32.81%
Technology
19.94%
Healthcare
7.58%
Consumer Non-Cyclicals
7.43%
Energy
7.21%
Other
25.04%
As of September 3, 2026
Top 10 Holdings
ZFN
The Bank of New York Mellon Corp.
6.28%
Canadian Imperial Bank of Commerce
6.18%
Hydro One Ltd.
6.15%
Manulife Financial Corp.
6.14%
GE Aerospace
6.14%
Cisco Systems, Inc.
6.12%
The Goldman Sachs Group, Inc.
6.11%
CVS Health Corp.
6.10%
Morgan Stanley
6.04%
National Bank of Canada
6.04%
ZWQT
Apple, Inc.
2.57%
Royal Bank of Canada
2.29%
The Toronto-Dominion Bank
2.03%
AbbVie, Inc.
1.89%
JPMorgan Chase & Co.
1.87%
Cisco Systems, Inc.
1.76%
The Bank of Nova Scotia
1.76%
Broadcom Inc.
1.73%
Canadian Imperial Bank of Commerce
1.71%
NVIDIA Corp.
1.71%
Diversification
ZFN
Total weight of top 10 holdings out of 17 total
61.29%
ZWQT
Total weight of top 10 holdings out of 3,185 total
19.30%
Characteristics
Frequently asked questions about ZFN and ZWQT
Which ETF has performed better year to date: ZFN or ZWQT?
As of September 3, 2026, ZFN has returned -2.96% year to date, while ZWQT has returned 16.62%. ZWQT is ahead on YTD performance.
Which ETF is larger by assets under management: ZFN or ZWQT?
As of September 3, 2026, ZFN manages $221.77 M in assets, while ZWQT manages $54.44 M. ZFN is the larger fund by AUM.
How are ZFN and ZWQT managed?
ZFN is actively managed by BMO. It does not track an index. ZWQT is actively managed by BMO. It does not track an index.
What sectors do ZFN and ZWQT emphasize?
ZFN is most exposed to Finance, Industrials, and Consumer Non-Cyclicals. ZWQT is most exposed to Finance, Technology, and Healthcare.
Which ETF is attracting more investor flows: ZFN or ZWQT?
Year to date, ZFN has seen -$19.16 M in net flows, compared with +$31.57 M for ZWQT. ZWQT has attracted more net investor money so far.
How do the fees of ZFN and ZWQT compare?
ZFN has an expense ratio of 0.82%, while ZWQT has an expense ratio of 0.71%.
What are the top holdings of ZFN and ZWQT?
ZFN's largest holdings include The Bank of New York Mellon Corp., Canadian Imperial Bank of Commerce, and Hydro One Ltd.. ZWQT's top holdings include Apple, Inc., Royal Bank of Canada, and The Toronto-Dominion Bank.
Which ETF is more diversified: ZFN or ZWQT?
ZFN holds 17 securities, while ZWQT holds 3157. On holdings count, ZWQT 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.