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BMO Market+ All Country World Equity ETF (ZMPW) and iShares MSCI World Index ETF (XWD) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZMPW focuses its top 3 sector exposures on Technology, Finance, and Consumer Non-Cyclicals, while XWD leans towards Technology, Finance, and Industrials. When evaluating costs, ZMPW features a management fee (MER) of 0.35%, compared to 0.44% for XWD. 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
ZMPW
XWD
| AuM | $1.67 M | $1,770.26 M |
| Management Fees | 0.35% | 0.44% |
| Exp. ratio | 0.35% | 0.48% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZMPW | -1.82% | +1.47% | - | - | - |
XWD | -0.48% | +2.69% | +15.29% | +13.65% | +86.73% | |
| Flows | ZMPW | +$0 M | +$0 M | - | - | - |
XWD | -$37 M | +$6 M | +$70 M | +$114 M | +$275 M |
ZMPW vs XWD exposure
Countries
ZMPW
USA
63.03%
Other
36.97%
XWD
USA
70.29%
Other
29.71%
Sectors
ZMPW
Technology
36.95%
Finance
18.28%
Consumer Non-Cyclicals
11.33%
Industrials
9.90%
Healthcare
9.67%
Other
13.86%
XWD
Technology
35.81%
Finance
18.20%
Industrials
9.46%
Healthcare
8.90%
Consumer Non-Cyclicals
8.44%
Other
19.20%
As of October 28, 2026
Top 10 Holdings
ZMPW
CA05576Y1088
11.34%
Apple, Inc.
5.51%
NVIDIA Corp.
5.04%
Microsoft Corp.
3.81%
Amazon.com, Inc.
2.88%
Alphabet, Inc.
2.32%
Alphabet, Inc.
2.17%
Broadcom Inc.
1.67%
AbbVie, Inc.
1.31%
ASML Holding NV
1.27%
XWD
US4642872000
71.91%
US4642874659
24.47%
CA46428D1087
3.52%
Space Exploration Technologies Corp.
0.08%
Diversification
ZMPW
Total weight of top 10 holdings out of 1,330 total
37.30%
XWD
Total weight of top 10 holdings out of 1,222 total
99.97%
Characteristics
Compare
ZMPW
XWD
| Provider | BMO | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | MSCI World Daily Total Return Net Index - USD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 1.18% |
| Meets ESG criteria | No | No |
| Inception Date | March 4, 2026 | June 18, 2009 |
Frequently asked questions about ZMPW and XWD
Which ETF is larger by assets under management: ZMPW or XWD?
As of October 28, 2026, ZMPW manages $1.67 M in assets, while XWD manages $1.77 B. XWD is the larger fund by AUM.
How are ZMPW and XWD managed?
ZMPW is actively managed by BMO. It does not track an index. XWD is passively managed by iShares. It tracks the MSCI World Daily Total Return Net Index - USD benchmark.
What sectors do ZMPW and XWD emphasize?
ZMPW is most exposed to Technology, Finance, and Consumer Non-Cyclicals. XWD is most exposed to Technology, Finance, and Industrials.
How do the fees of ZMPW and XWD compare?
ZMPW has an expense ratio of 0.35%, while XWD has an expense ratio of 0.48%.
What are the top holdings of ZMPW and XWD?
ZMPW's largest holdings include Apple, Inc. and NVIDIA Corp.. XWD's top holdings include Space Exploration Technologies Corp..
Which ETF is more diversified: ZMPW or XWD?
ZMPW holds 157 securities, while XWD holds 2. On holdings count, ZMPW is the more diversified portfolio.
Recent articles about ZMPW and XWD
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