VS
BMO Equal Weight U.S. Health Care Index ETF (ZUH) and Hamilton Healthcare Yield Maximizer ETF (LMAX) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZUH focuses its top 3 sector exposures on Health Care, while LMAX leans towards Health Care. When evaluating costs, ZUH features a management fee (MER) of 0.35%, compared to 0.65% for LMAX. Performance-wise, ZUH has returned 2.57% year-to-date with -$13 M in net flows, whereas LMAX is at 2.05% with +$55 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
ZUH
LMAX
| AuM | $163.60 M | $203.51 M |
| Management Fees | 0.35% | 0.65% |
| Exp. ratio | 0.39% | 0.80% |
| Tracking Difference | -0.21% | - |
Historical performance and flows
As of June 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZUH | +2.60% | +2.77% | -2.57% | +9.51% | -1.43% |
LMAX | +2.33% | +0.99% | -2.05% | +11.12% | - | |
| Flows | ZUH | -$3 M | -$7 M | -$13 M | -$39 M | -$195 M |
LMAX | +$7 M | +$34 M | +$55 M | +$92 M | - |
ZUH vs LMAX exposure
Countries
ZUH
USA
92.07%
Other
7.93%
LMAX
USA
96.00%
Sectors
ZUH
Health Care
89.62%
Other
10.38%
LMAX
Health Care
101.00%
As of June 18, 2026
Top 10 Holdings
ZUH
REVOLUTION MEDICINES INC
1.84%
US86627T1088
1.78%
HUMANA
1.75%
ELEVANCE HEALTH INC
1.68%
UNITEDHEALTH GRP
1.67%
CENTENE
1.59%
WEST PHARM SVCS
1.55%
UTD THERAPEUT
1.54%
JAZZ PHARMACEUTICALS
1.42%
ROYALTY PHARMA
1.41%
LMAX
ABBVIE
5.40%
BRISTOL-MYERS SQUIBB
5.30%
PFIZER
5.30%
MERCK & CO INC
5.20%
JOHNSON&JOHNSON
5.20%
THERMO FISHER SCIENTIFIC
5.20%
CIGNA
5.10%
GILEAD SCIENCES
5.10%
LILLY
5.10%
CVS HEALTH CORP
5.10%
Diversification
ZUH
Total weight of top 10 holdings out of 79 total
16.21%
LMAX
Total weight of top 10 holdings out of 20 total
52.00%
Characteristics
Compare
ZUH
LMAX
| Provider | BMO | Hamilton ETFs |
| Management | Passively managed | Actively managed |
| Benchmark | Solactive Equal Weight US Health Care Canadian Dollar Hedged Total Return Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.56% | 13.05% |
| Meets ESG criteria | No | No |
| Inception Date | May 19, 2010 | February 6, 2024 |
Frequently asked questions about ZUH and LMAX
Which ETF has performed better year to date: ZUH or LMAX?
As of June 18, 2026, ZUH has returned -2.57% year to date, while LMAX has returned -2.05%. LMAX is ahead on YTD performance.
Which ETF is larger by assets under management: ZUH or LMAX?
As of June 18, 2026, ZUH manages $163.60 M in assets, while LMAX manages $203.51 M. LMAX is the larger fund by AUM.
How are ZUH and LMAX managed?
ZUH is passively managed by BMO. It tracks the Solactive Equal Weight US Health Care Canadian Dollar Hedged Total Return Index - CAD benchmark. LMAX is actively managed by Hamilton ETFs. It does not track an index.
What sectors do ZUH and LMAX emphasize?
ZUH is most exposed to Health Care. LMAX is most exposed to Health Care.
Which ETF is attracting more investor flows: ZUH or LMAX?
Year to date, ZUH has seen -$13.48 M in net flows, compared with +$55.32 M for LMAX. LMAX has attracted more net investor money so far.
How do the fees of ZUH and LMAX compare?
ZUH has an expense ratio of 0.39%, while LMAX has an expense ratio of 0.80%.
What are the top holdings of ZUH and LMAX?
ZUH's largest holdings include REVOLUTION MEDICINES INC and HUMANA. LMAX's top holdings include ABBVIE, BRISTOL-MYERS SQUIBB, and PFIZER.
Which ETF is more diversified: ZUH or LMAX?
ZUH holds 73 securities, while LMAX holds 20. On holdings count, ZUH is the more diversified portfolio.
Recent articles about ZUH and LMAX
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