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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 Information Technology, Financials, and Consumer Discretionary, while XWD leans towards Information Technology, Financials, 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 | $1.63 M | $1,692.79 M |
| Management Fees | 0.35% | 0.44% |
| Exp. ratio | 0.35% | 0.48% |
| Tracking Difference | - | - |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZMPW | +3.14% | +14.23% | - | - | - |
XWD | +2.64% | +11.43% | +10.86% | +25.85% | +76.83% | |
| Flows | ZMPW | +$0 M | +$0 M | - | - | - |
XWD | +$24 M | +$63 M | +$52 M | +$183 M | +$264 M |
ZMPW vs XWD exposure
Countries
ZMPW
USA
62.28%
Other
37.72%
XWD
USA
69.85%
Other
30.15%
Sectors
ZMPW
Information Technology
28.76%
Financials
14.48%
Consumer Discretionary
9.53%
Industrials
9.20%
Health Care
8.86%
Communication Services
8.85%
Other
20.32%
XWD
Information Technology
28.19%
Financials
14.18%
Industrials
10.62%
Consumer Discretionary
9.40%
Communication Services
9.00%
Health Care
7.84%
Other
20.77%
As of June 11, 2026
Top 10 Holdings
ZMPW
NVIDIA
5.32%
APPLE
4.82%
MICROSOFT-T
3.46%
AMAZON.COM INC
3.12%
ALPHABET INC-CL
2.58%
ALPHABET INC-CL
2.41%
BROADCOM LIMITED
2.02%
TWN SEMICONT MAN
1.66%
MICRON TECHNOLOGY
1.55%
META PLATFORMS
1.39%
XWD
NVIDIA
5.63%
APPLE
4.63%
MICROSOFT-T
3.52%
AMAZON.COM INC
3.01%
ALPHABET INC-CL
2.60%
BROADCOM LIMITED
2.30%
ALPHABET INC-CL
2.07%
META PLATFORMS
1.55%
TESLA
1.25%
BERKSHIRE HATHWAY
1.01%
Diversification
ZMPW
Total weight of top 10 holdings out of 1,362 total
28.31%
XWD
Total weight of top 10 holdings out of 1,254 total
27.56%
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 | - | 1.20% |
| 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 June 11, 2026, ZMPW manages $1.63 M in assets, while XWD manages $1.69 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 Information Technology, Financials, and Consumer Discretionary. XWD is most exposed to Information Technology, Financials, 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 NVIDIA, ALPHABET INC-CL, and APPLE. XWD's top holdings include NVIDIA, ALPHABET INC-CL, and APPLE.
Which ETF is more diversified: ZMPW or XWD?
ZMPW holds 1236 securities, while XWD holds 1180. On holdings count, ZMPW is the more diversified portfolio.
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