VS
Compare BMO US Equity Buffer Hedged to CAD ETF - January (ZJAN) vs BMO US Equity Buffer Hedged to CAD ETF - April (ZAPR) to find the best fit for your portfolio. ZJAN and ZAPR provide the same top sector exposures: Information Technology, Financials, and Communication Services. When evaluating costs, ZJAN features a management fee (MER) of 0.73%, compared to 0.73% for ZAPR. Performance-wise, ZJAN has returned 3% year-to-date with +$43 M in net flows, whereas ZAPR is at 5.38% with +$2 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
ZJAN
ZAPR
| AuM | $138.80 M | $114.08 M |
| Management Fees | 0.73% | 0.73% |
| Exp. ratio | 0.73% | 0.73% |
| Tracking Difference | - | - |
Historical performance and flows
As of May 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZJAN | +4.09% | +2.40% | +3.00% | +13.76% | - |
ZAPR | +3.33% | +4.91% | +5.38% | +12.92% | - | |
| Flows | ZJAN | +$0 M | +$2 M | +$43 M | +$51 M | - |
ZAPR | +$0 M | +$0 M | +$2 M | +$3 M | - |
ZJAN vs ZAPR exposure
Countries
ZJAN
USA
91.42%
Other
8.58%
ZAPR
USA
99.96%
Sectors
ZJAN
Information Technology
31.70%
Financials
9.88%
Communication Services
9.52%
Consumer Discretionary
9.37%
Health Care
8.86%
Other
8.18%
Other
22.48%
ZAPR
Information Technology
34.66%
Financials
10.81%
Communication Services
10.41%
Consumer Discretionary
10.25%
Health Care
9.69%
Industrials
8.60%
Other
15.59%
As of May 6, 2026
Top 10 Holdings
ZJAN
NVIDIA
6.97%
APPLE
6.29%
MICROSOFT-T
4.62%
AMAZON.COM INC
3.41%
ALPHABET INC-CL
2.76%
BROADCOM LIMITED
2.42%
ALPHABET INC-CL
2.22%
META PLATFORMS
2.04%
TESLA
1.74%
BERKSHIRE HATHWAY
1.51%
ZAPR
NVIDIA
7.62%
APPLE
6.87%
MICROSOFT-T
5.06%
AMAZON.COM INC
3.73%
ALPHABET INC-CL
3.02%
BROADCOM LIMITED
2.64%
ALPHABET INC-CL
2.43%
META PLATFORMS
2.23%
TESLA
1.90%
BERKSHIRE HATHWAY
1.65%
Diversification
ZJAN
Total weight of top 10 holdings out of 503 total
33.97%
ZAPR
Total weight of top 10 holdings out of 503 total
37.15%
Characteristics
Frequently asked questions about ZJAN and ZAPR
Which ETF has performed better year to date: ZJAN or ZAPR?
As of May 6, 2026, ZJAN has returned 3.00% year to date, while ZAPR has returned 5.38%. ZAPR is ahead on YTD performance.
Which ETF is larger by assets under management: ZJAN or ZAPR?
As of May 6, 2026, ZJAN manages $138.80 M in assets, while ZAPR manages $114.08 M. ZJAN is the larger fund by AUM.
How are ZJAN and ZAPR managed?
ZJAN is actively managed by BMO. It does not track an index. ZAPR is actively managed by BMO. It does not track an index.
What sectors do ZJAN and ZAPR emphasize?
ZJAN is most exposed to Information Technology, Financials, and Communication Services. ZAPR is most exposed to Information Technology, Financials, and Communication Services.
Which ETF is attracting more investor flows: ZJAN or ZAPR?
Year to date, ZJAN has seen +$42.52 M in net flows, compared with +$1.70 M for ZAPR. ZJAN has attracted more net investor money so far.
How do the fees of ZJAN and ZAPR compare?
ZJAN has an expense ratio of 0.73%, while ZAPR has an expense ratio of 0.73%.
What are the top holdings of ZJAN and ZAPR?
ZJAN's largest holdings include NVIDIA, APPLE, and ALPHABET INC-CL. ZAPR's top holdings include NVIDIA, APPLE, and ALPHABET INC-CL.
Which ETF is more diversified: ZJAN or ZAPR?
ZJAN holds 477 securities, while ZAPR holds 477. On holdings count, ZJAN is the more diversified portfolio.
Recent articles about ZJAN and ZAPR

Building a Buffer with BMO ETFs
BMO ETF launches the BMO US Equity Buffer Hedged to CAD ETF – January.
Posted on 1/30/2024 by Kyle Anthony inMoving Markets
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