VS
When evaluating costs, ZPAY features a management fee (MER) of 0.65%, compared to 0.65% for ZWC. Performance-wise, ZPAY has returned 1.48% year-to-date with +$43 M in net flows, whereas ZWC is at 7.34% with +$152 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 | $415.77 M | $2,195.67 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.71% | 0.72% |
| Tracking Difference | - | - |
Historical performance and flows
As of April 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZPAY | +4.84% | +2.87% | +1.48% | +12.55% | +32.35% |
ZWC | +2.47% | +4.48% | +7.34% | +29.30% | +48.82% | |
| Flows | ZPAY | +$17 M | +$36 M | +$43 M | +$62 M | +$110 M |
ZWC | +$57 M | +$119 M | +$152 M | +$237 M | +$192 M |
ZPAY vs ZWC exposure
Countries
ZPAY
Exposure data will be available soon
ZWC
Canada
98.30%
Sectors
ZPAY
Exposure data will be available soon
ZWC
Financials
34.20%
Energy
24.08%
Materials
10.84%
Utilities
9.26%
Other
7.17%
Communication Services
7.14%
Other
7.30%
As of April 29, 2026
Top 10 Holdings
ZPAY
Exposure data will be available soon
ZWC
ROYAL BK CANADA
6.76%
CDN NATURAL RESOURCE
6.22%
TORONTO DOMINION
5.41%
CDN IMPERIAL BK
5.31%
ENBRIDGE
5.23%
SUNCOR ENERGY
5.13%
BNS
4.81%
TC ENERGY CORP
4.10%
AGNICO EAGLE MINES LTD
3.63%
NUTRIEN LTD
3.57%
Diversification
ZPAY
Exposure data will be available soon
ZWC
Total weight of top 10 holdings out of 39 total
50.18%
Characteristics
Frequently asked questions about ZPAY and ZWC
Which ETF has performed better year to date: ZPAY or ZWC?
As of April 29, 2026, ZPAY has returned 1.48% year to date, while ZWC has returned 7.34%. ZWC is ahead on YTD performance.
Which ETF is larger by assets under management: ZPAY or ZWC?
As of April 29, 2026, ZPAY manages $415.77 M in assets, while ZWC manages $2.20 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 +$42.94 M in net flows, compared with +$152.26 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%.
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