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Compare BMO MSCI USA High Quality Index ETF (ZUQ) vs BMO MSCI USA High Quality Index ETF (ZUQ.U) to find the best fit for your portfolio. ZUQ and ZUQ.U provide the same top sector exposures: Technology, Healthcare, and Finance. When evaluating costs, ZUQ features a management fee (MER) of 0.3%, compared to 0.3% for ZUQ.U. Performance-wise, ZUQ has returned 15.89% year-to-date with -$74 M in net flows, whereas ZUQ.U is at 13.68% with +$10 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
ZUQ
ZUQ.U
| AuM | $1,330.95 M | $39.80 M |
| Management Fees | 0.30% | 0.30% |
| Exp. ratio | 0.33% | 0.33% |
| Tracking Difference | 0.08% | -0.18% |
Historical performance and flows
As of October 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZUQ | -0.87% | +2.90% | +15.89% | +15.30% | +87.46% |
ZUQ.U | +0.42% | +3.77% | +13.68% | +14.83% | +85.20% | |
| Flows | ZUQ | +$6 M | -$11 M | -$74 M | -$59 M | +$306 M |
ZUQ.U | -$0 M | +$5 M | +$10 M | +$14 M | +$17 M |
ZUQ vs ZUQ.U exposure
Countries
ZUQ
USA
96.41%
ZUQ.U
USA
96.41%
Sectors
ZUQ
Technology
44.98%
Healthcare
16.59%
Finance
11.62%
Consumer Non-Cyclicals
11.21%
Industrials
8.27%
Other
7.33%
ZUQ.U
Technology
44.98%
Healthcare
16.59%
Finance
11.62%
Consumer Non-Cyclicals
11.21%
Industrials
8.27%
Other
7.33%
As of October 28, 2026
Top 10 Holdings
ZUQ
Microsoft Corp.
5.79%
Eli Lilly & Co.
5.40%
Apple, Inc.
5.04%
NVIDIA Corp.
4.64%
Meta Platforms, Inc.
4.52%
Visa, Inc.
4.46%
Johnson & Johnson
3.44%
Mastercard, Inc.
3.24%
Lam Research Corp.
2.75%
Alphabet, Inc.
2.36%
ZUQ.U
Microsoft Corp.
5.79%
Eli Lilly & Co.
5.40%
Apple, Inc.
5.04%
NVIDIA Corp.
4.64%
Meta Platforms, Inc.
4.52%
Visa, Inc.
4.46%
Johnson & Johnson
3.44%
Mastercard, Inc.
3.24%
Lam Research Corp.
2.75%
Alphabet, Inc.
2.36%
Diversification
ZUQ
Total weight of top 10 holdings out of 125 total
41.66%
ZUQ.U
Total weight of top 10 holdings out of 125 total
41.66%
Characteristics
Compare
ZUQ
ZUQ.U
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI USA Quality Net Total Return Index - CAD | MSCI USA Quality Net Total Return USD Index - USD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.44% | 0.46% |
| Meets ESG criteria | No | No |
| Inception Date | November 5, 2014 | July 16, 2020 |
Frequently asked questions about ZUQ and ZUQ.U
Which ETF has performed better year to date: ZUQ or ZUQ.U?
As of October 28, 2026, ZUQ has returned 15.89% year to date, while ZUQ.U has returned 13.68%. ZUQ is ahead on YTD performance.
Which ETF is larger by assets under management: ZUQ or ZUQ.U?
As of October 28, 2026, ZUQ manages $1.33 B in assets, while ZUQ.U manages $39.80 M. ZUQ is the larger fund by AUM.
How are ZUQ and ZUQ.U managed?
ZUQ is passively managed by BMO. It tracks the MSCI USA Quality Net Total Return Index - CAD benchmark. ZUQ.U is passively managed by BMO. It tracks the MSCI USA Quality Net Total Return USD Index - USD benchmark.
What sectors do ZUQ and ZUQ.U emphasize?
ZUQ is most exposed to Technology, Healthcare, and Finance. ZUQ.U is most exposed to Technology, Healthcare, and Finance.
Which ETF is attracting more investor flows: ZUQ or ZUQ.U?
Year to date, ZUQ has seen -$73.80 M in net flows, compared with +$9.64 M for ZUQ.U. ZUQ.U has attracted more net investor money so far.
How do the fees of ZUQ and ZUQ.U compare?
ZUQ has an expense ratio of 0.33%, while ZUQ.U has an expense ratio of 0.33%.
What are the top holdings of ZUQ and ZUQ.U?
ZUQ's largest holdings include Microsoft Corp., Eli Lilly & Co., and Apple, Inc.. ZUQ.U's top holdings include Microsoft Corp., Eli Lilly & Co., and Apple, Inc..
Which ETF is more diversified: ZUQ or ZUQ.U?
ZUQ holds 124 securities, while ZUQ.U holds 124. On holdings count, ZUQ is the more diversified portfolio.
Recent articles about ZUQ and ZUQ.U
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