VS
BMO Equal Weight U.S. Health Care Index ETF (ZUH) and BMO Covered Call Health Care ETF (ZWHC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZUH focuses its top 3 sector exposures on Health Care, while ZWHC leans towards Health Care. When evaluating costs, ZUH features a management fee (MER) of 0.35%, compared to 0.73% for ZWHC. Performance-wise, ZUH has returned 5.68% year-to-date with -$10 M in net flows, whereas ZWHC is at 7.75% with +$5 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
ZWHC
| AuM | $161.64 M | $30.52 M |
| Management Fees | 0.35% | 0.73% |
| Exp. ratio | 0.39% | 0.73% |
| Tracking Difference | -0.20% | - |
Historical performance and flows
As of May 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZUH | -1.27% | -6.47% | -5.68% | +6.98% | -7.38% |
ZWHC | -4.31% | -7.99% | -7.75% | +0.53% | +4.41% | |
| Flows | ZUH | -$3 M | -$10 M | -$10 M | -$42 M | -$205 M |
ZWHC | +$3 M | +$3 M | +$5 M | +$12 M | +$27 M |
ZUH vs ZWHC exposure
Countries
ZUH
USA
96.03%
ZWHC
USA
95.17%
Sectors
ZUH
Health Care
93.49%
ZWHC
Health Care
95.06%
As of May 1, 2026
Top 10 Holdings
ZUH
UTD THERAPEUT
1.65%
US86627T1088
1.51%
INSMED
1.46%
BRIDGEBIO PHARMA
1.42%
METTLER TOLEDO
1.40%
PFIZER
1.38%
ROYALTY PHARMA
1.37%
MERCK & CO INC
1.37%
BIOGEN INC
1.36%
DAVITA INC
1.36%
ZWHC
JOHNSON&JOHNSON
5.18%
REGENERON PHARMACEUTICALS
5.13%
STRYKER
5.12%
US58507V1070
5.12%
MERCK & CO INC
5.10%
AMGEN-T
5.07%
MCKESSON
5.06%
GILEAD SCIENCES
5.06%
DANAHER
5.05%
THERMO FISHER SCIENTIFIC
5.03%
Diversification
ZUH
Total weight of top 10 holdings out of 80 total
14.29%
ZWHC
Total weight of top 10 holdings out of 20 total
50.92%
Characteristics
Compare
ZUH
ZWHC
| Provider | BMO | BMO |
| 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 | 0.58% | 7.55% |
| Meets ESG criteria | No | No |
| Inception Date | May 19, 2010 | January 23, 2023 |
Frequently asked questions about ZUH and ZWHC
Which ETF has performed better year to date: ZUH or ZWHC?
As of May 1, 2026, ZUH has returned -5.68% year to date, while ZWHC has returned -7.75%. ZUH is ahead on YTD performance.
Which ETF is larger by assets under management: ZUH or ZWHC?
As of May 1, 2026, ZUH manages $161.64 M in assets, while ZWHC manages $30.52 M. ZUH is the larger fund by AUM.
How are ZUH and ZWHC managed?
ZUH is passively managed by BMO. It tracks the Solactive Equal Weight US Health Care Canadian Dollar Hedged Total Return Index - CAD benchmark. ZWHC is actively managed by BMO. It does not track an index.
What sectors do ZUH and ZWHC emphasize?
ZUH is most exposed to Health Care. ZWHC is most exposed to Health Care.
Which ETF is attracting more investor flows: ZUH or ZWHC?
Year to date, ZUH has seen -$10.10 M in net flows, compared with +$5.44 M for ZWHC. ZWHC has attracted more net investor money so far.
How do the fees of ZUH and ZWHC compare?
ZUH has an expense ratio of 0.39%, while ZWHC has an expense ratio of 0.73%.
What are the top holdings of ZUH and ZWHC?
ZUH's largest holdings include UTD THERAPEUT and INSMED. ZWHC's top holdings include JOHNSON&JOHNSON, REGENERON PHARMACEUTICALS, and STRYKER.
Which ETF is more diversified: ZUH or ZWHC?
ZUH holds 74 securities, while ZWHC holds 20. On holdings count, ZUH is the more diversified portfolio.
Recent articles about ZUH and ZWHC
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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.