VS
When evaluating costs, ZPAY features a management fee (MER) of 0.65%, compared to 0.65% for ZWC. Performance-wise, ZPAY has returned 12.79% year-to-date with +$60 M in net flows, whereas ZWC is at 16.5% with +$355 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
ZPAY
ZWC
| AuM | $463.09 M | $2,512.42 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.71% | 0.72% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZPAY | -0.08% | +2.73% | +12.79% | +12.21% | +41.14% |
ZWC | +2.82% | +1.46% | +16.50% | +22.54% | +71.12% | |
| Flows | ZPAY | +$9 M | +$9 M | +$60 M | +$76 M | +$106 M |
ZWC | +$16 M | +$66 M | +$355 M | +$381 M | +$304 M |
ZPAY vs ZWC exposure
Countries
ZPAY
Exposure data will be available soon
ZWC
Exposure data will be available soon
Sectors
ZPAY
Exposure data will be available soon
ZWC
Exposure data will be available soon
As of November 2, 2026
Top 10 Holdings
ZPAY
Exposure data will be available soon
ZWC
Exposure data will be available soon
Diversification
ZPAY
Exposure data will be available soon
ZWC
Exposure data will be available soon
Characteristics
Frequently asked questions about ZPAY and ZWC
Which ETF has performed better year to date: ZPAY or ZWC?
As of November 2, 2026, ZPAY has returned 12.79% year to date, while ZWC has returned 16.50%. ZWC is ahead on YTD performance.
Which ETF is larger by assets under management: ZPAY or ZWC?
As of November 2, 2026, ZPAY manages $463.09 M in assets, while ZWC manages $2.51 B. ZWC is the larger fund by AUM.
How are ZPAY and ZWC managed?
ZPAY is actively managed by BMO. It does not track an index. ZWC is actively managed by BMO. It does not track an index.
Which ETF is attracting more investor flows: ZPAY or ZWC?
Year to date, ZPAY has seen +$59.82 M in net flows, compared with +$354.57 M for ZWC. ZWC has attracted more net investor money so far.
How do the fees of ZPAY and ZWC compare?
ZPAY has an expense ratio of 0.71%, while ZWC has an expense ratio of 0.72%.
Recent articles about ZPAY and ZWC
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.