VS
When evaluating costs, ZWC features a management fee (MER) of 0.65%, compared to 0.65% for HDIV. Performance-wise, ZWC has returned 7.81% year-to-date with +$148 M in net flows, whereas HDIV is at 10.2% with +$264 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
ZWC
HDIV
| AuM | $2,211.61 M | $1,504.43 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.72% | 2.55% |
| Tracking Difference | - | - |
Historical performance and flows
As of April 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZWC | +3.34% | +4.91% | +7.81% | +30.78% | +49.39% |
HDIV | +8.25% | +5.43% | +10.20% | +49.51% | +91.99% | |
| Flows | ZWC | +$61 M | +$127 M | +$148 M | +$233 M | +$193 M |
HDIV | +$55 M | +$182 M | +$264 M | +$607 M | +$870 M |
ZWC vs HDIV exposure
Countries
ZWC
Canada
98.30%
HDIV
Exposure data will be available soon
Sectors
ZWC
Financials
34.20%
Energy
24.08%
Materials
10.84%
Utilities
9.26%
Other
7.17%
Communication Services
7.14%
Other
7.30%
HDIV
Exposure data will be available soon
As of April 24, 2026
Top 10 Holdings
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%
HDIV
Exposure data will be available soon
Diversification
ZWC
Total weight of top 10 holdings out of 39 total
50.18%
HDIV
Exposure data will be available soon
Characteristics
Compare
ZWC
HDIV
| Provider | BMO | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.64% | 9.55% |
| Meets ESG criteria | No | No |
| Inception Date | February 9, 2017 | July 19, 2021 |
Frequently asked questions about ZWC and HDIV
Which ETF has performed better year to date: ZWC or HDIV?
As of April 24, 2026, ZWC has returned 7.81% year to date, while HDIV has returned 10.20%. HDIV is ahead on YTD performance.
Which ETF is larger by assets under management: ZWC or HDIV?
As of April 24, 2026, ZWC manages $2.21 B in assets, while HDIV manages $1.50 B. ZWC is the larger fund by AUM.
How are ZWC and HDIV managed?
ZWC is actively managed by BMO. It does not track an index. HDIV is actively managed by Hamilton ETFs. It does not track an index.
Which ETF is attracting more investor flows: ZWC or HDIV?
Year to date, ZWC has seen +$147.89 M in net flows, compared with +$263.68 M for HDIV. HDIV has attracted more net investor money so far.
How do the fees of ZWC and HDIV compare?
ZWC has an expense ratio of 0.72%, while HDIV has an expense ratio of 2.55%.
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