VS
When evaluating costs, ZMI features a management fee (MER) of 0.18%, compared to 0.65% for HDIV. Performance-wise, ZMI has returned 4.26% year-to-date with +$21 M in net flows, whereas HDIV is at 8.76% with +$285 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
ZMI
HDIV
| AuM | $223.84 M | $1,506.24 M |
| Management Fees | 0.18% | 0.65% |
| Exp. ratio | 0.20% | 2.55% |
| Tracking Difference | - | - |
Historical performance and flows
As of April 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZMI | +2.39% | +2.31% | +4.26% | +16.65% | +37.80% |
HDIV | +7.35% | +5.05% | +8.76% | +46.01% | +89.45% | |
| Flows | ZMI | +$4 M | +$17 M | +$21 M | +$54 M | +$89 M |
HDIV | +$66 M | +$186 M | +$285 M | +$627 M | +$887 M |
ZMI vs HDIV exposure
Countries
ZMI
USA
44.45%
Canada
43.15%
Other
12.39%
HDIV
Exposure data will be available soon
Sectors
ZMI
Financials
12.72%
Other
10.52%
Banks
8.96%
Energy
8.28%
Information Technology
8.15%
Other
51.37%
HDIV
Exposure data will be available soon
As of April 29, 2026
Top 10 Holdings
ZMI
CA05600A3082
4.66%
Royal Bank of Canada, 5.228% 24jun2030, CAD
1.38%
Bank of Nova Scotia, 4.442% 15nov2035, CAD
1.31%
ROYAL BK CANADA
1.28%
EXXON
1.22%
ABBVIE
1.21%
CHEVRON TEXACO
1.20%
APPLE
1.12%
Toronto-Dominion Bank, 5.491% 8sep2028, CAD
1.09%
MERCK & CO INC
1.07%
HDIV
Exposure data will be available soon
Diversification
ZMI
Total weight of top 10 holdings out of 1,180 total
15.53%
HDIV
Exposure data will be available soon
Characteristics
Compare
ZMI
HDIV
| Provider | BMO | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity, Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.18% | 9.68% |
| Meets ESG criteria | No | No |
| Inception Date | February 3, 2011 | July 19, 2021 |
Frequently asked questions about ZMI and HDIV
Which ETF has performed better year to date: ZMI or HDIV?
As of April 29, 2026, ZMI has returned 4.26% year to date, while HDIV has returned 8.76%. HDIV is ahead on YTD performance.
Which ETF is larger by assets under management: ZMI or HDIV?
As of April 29, 2026, ZMI manages $223.84 M in assets, while HDIV manages $1.51 B. HDIV is the larger fund by AUM.
How are ZMI and HDIV managed?
ZMI is actively managed by BMO. It does not track an index. HDIV is actively managed by Hamilton ETFs. It does not track an index.
Which ETF is attracting more investor flows: ZMI or HDIV?
Year to date, ZMI has seen +$20.88 M in net flows, compared with +$285.18 M for HDIV. HDIV has attracted more net investor money so far.
How do the fees of ZMI and HDIV compare?
ZMI has an expense ratio of 0.20%, while HDIV has an expense ratio of 2.55%.
Recent articles about ZMI and HDIV
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