VS
BMO US Equity Buffer Hedged to CAD ETF - January (ZJAN) and BMO Covered Call Canadian Banks ETF (ZWB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZJAN focuses its top 3 sector exposures on Information Technology, Financials, and Communication Services, while ZWB leans towards Financials. When evaluating costs, ZJAN features a management fee (MER) of 0.73%, compared to 0.65% for ZWB. Performance-wise, ZJAN has returned 2.89% year-to-date with +$43 M in net flows, whereas ZWB is at 12.55% with +$12 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
ZWB
| AuM | $138.64 M | $4,206.35 M |
| Management Fees | 0.73% | 0.65% |
| Exp. ratio | 0.73% | 0.72% |
| Tracking Difference | - | - |
Historical performance and flows
As of May 7, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZJAN | +4.02% | +2.09% | +2.89% | +13.41% | - |
ZWB | +7.97% | +8.05% | +12.55% | +52.86% | +88.89% | |
| Flows | ZJAN | +$0 M | +$2 M | +$43 M | +$51 M | - |
ZWB | -$13 M | -$3 M | +$12 M | -$47 M | -$167 M |
ZJAN vs ZWB exposure
Countries
ZJAN
USA
91.42%
Other
8.58%
ZWB
Canada
100.12%
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%
ZWB
Financials
100.12%
As of May 7, 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%
ZWB
TORONTO DOMINION
16.89%
ROYAL BK CANADA
16.86%
BNS
16.70%
BANK OF MONTREAL
16.61%
NATIONAL BANK OF CANADA
16.60%
CDN IMPERIAL BK
16.45%
Diversification
ZJAN
Total weight of top 10 holdings out of 503 total
33.97%
ZWB
Total weight of top 10 holdings out of 6 total
100.12%
Characteristics
Frequently asked questions about ZJAN and ZWB
Which ETF has performed better year to date: ZJAN or ZWB?
As of May 7, 2026, ZJAN has returned 2.89% year to date, while ZWB has returned 12.55%. ZWB is ahead on YTD performance.
Which ETF is larger by assets under management: ZJAN or ZWB?
As of May 7, 2026, ZJAN manages $138.64 M in assets, while ZWB manages $4.21 B. ZWB is the larger fund by AUM.
How are ZJAN and ZWB managed?
ZJAN is actively managed by BMO. It does not track an index. ZWB is actively managed by BMO. It does not track an index.
What sectors do ZJAN and ZWB emphasize?
ZJAN is most exposed to Information Technology, Financials, and Communication Services. ZWB is most exposed to Financials.
Which ETF is attracting more investor flows: ZJAN or ZWB?
Year to date, ZJAN has seen +$42.52 M in net flows, compared with +$11.80 M for ZWB. ZJAN has attracted more net investor money so far.
How do the fees of ZJAN and ZWB compare?
ZJAN has an expense ratio of 0.73%, while ZWB has an expense ratio of 0.72%.
What are the top holdings of ZJAN and ZWB?
ZJAN's largest holdings include NVIDIA, APPLE, and ALPHABET INC-CL. ZWB's top holdings include TORONTO DOMINION, ROYAL BK CANADA, and BNS.
Which ETF is more diversified: ZJAN or ZWB?
ZJAN holds 477 securities, while ZWB holds 6. On holdings count, ZJAN is the more diversified portfolio.
Recent articles about ZJAN and ZWB
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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