VS
When evaluating costs, ZLSU features a management fee (MER) of 0.73%, compared to 0.65% for UMAX. Performance-wise, ZLSU has returned 14.06% year-to-date with +$112 M in net flows, whereas UMAX is at 4.32% with +$499 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
ZLSU
UMAX
| AuM | $227.03 M | $1,443.09 M |
| Management Fees | 0.73% | 0.65% |
| Exp. ratio | 0.72% | 0.77% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZLSU | +2.79% | +3.37% | +14.06% | +11.29% | +64.05% |
UMAX | +0.53% | -6.49% | +4.32% | +4.38% | +28.67% | |
| Flows | ZLSU | -$2 M | +$4 M | +$112 M | +$113 M | +$176 M |
UMAX | +$2 M | +$145 M | +$499 M | +$633 M | +$1,475 M |
ZLSU vs UMAX exposure
Countries
ZLSU
Exposure data will be available soon
UMAX
Exposure data will be available soon
Sectors
ZLSU
Exposure data will be available soon
UMAX
Exposure data will be available soon
As of October 16, 2026
Top 10 Holdings
ZLSU
Exposure data will be available soon
UMAX
Exposure data will be available soon
Diversification
ZLSU
Exposure data will be available soon
UMAX
Exposure data will be available soon
Characteristics
Compare
ZLSU
UMAX
| Provider | BMO | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.70% | 14.74% |
| Meets ESG criteria | No | No |
| Inception Date | October 2, 2023 | June 14, 2023 |
Frequently asked questions about ZLSU and UMAX
Which ETF has performed better year to date: ZLSU or UMAX?
As of October 16, 2026, ZLSU has returned 14.06% year to date, while UMAX has returned 4.32%. ZLSU is ahead on YTD performance.
Which ETF is larger by assets under management: ZLSU or UMAX?
As of October 16, 2026, ZLSU manages $227.03 M in assets, while UMAX manages $1.44 B. UMAX is the larger fund by AUM.
How are ZLSU and UMAX managed?
ZLSU is actively managed by BMO. It does not track an index. UMAX is actively managed by Hamilton ETFs. It does not track an index.
Which ETF is attracting more investor flows: ZLSU or UMAX?
Year to date, ZLSU has seen +$112.39 M in net flows, compared with +$498.70 M for UMAX. UMAX has attracted more net investor money so far.
How do the fees of ZLSU and UMAX compare?
ZLSU has an expense ratio of 0.72%, while UMAX has an expense ratio of 0.77%.
Recent articles about ZLSU and UMAX
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ETFs that employ covered call-writing strategies can be effective ways to generate monthly yield for investors while still providing exposure to a security or asset class on a long-term basis.
Posted on 6/13/2024 by Kyle Anthony inStock Market
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