VS
When evaluating costs, ZWC features a management fee (MER) of 0.65%, compared to 0.65% for UMAX. Performance-wise, ZWC has returned 16.28% year-to-date with +$345 M in net flows, whereas UMAX is at 4.32% with +$499 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
UMAX
| AuM | $2,511.92 M | $1,443.09 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.72% | 0.77% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZWC | +1.17% | +1.08% | +16.28% | +23.00% | +71.21% |
UMAX | +0.53% | -6.49% | +4.32% | +4.38% | +28.67% | |
| Flows | ZWC | +$22 M | +$75 M | +$345 M | +$381 M | +$296 M |
UMAX | +$2 M | +$145 M | +$499 M | +$633 M | +$1,475 M |
ZWC vs UMAX exposure
Countries
ZWC
Exposure data will be available soon
UMAX
Exposure data will be available soon
Sectors
ZWC
Exposure data will be available soon
UMAX
Exposure data will be available soon
As of October 16, 2026
Top 10 Holdings
ZWC
Exposure data will be available soon
UMAX
Exposure data will be available soon
Diversification
ZWC
Exposure data will be available soon
UMAX
Exposure data will be available soon
Characteristics
Compare
ZWC
UMAX
| Provider | BMO | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.86% | 14.74% |
| Meets ESG criteria | No | No |
| Inception Date | February 9, 2017 | June 14, 2023 |
Frequently asked questions about ZWC and UMAX
Which ETF has performed better year to date: ZWC or UMAX?
As of October 16, 2026, ZWC has returned 16.28% year to date, while UMAX has returned 4.32%. ZWC is ahead on YTD performance.
Which ETF is larger by assets under management: ZWC or UMAX?
As of October 16, 2026, ZWC manages $2.51 B in assets, while UMAX manages $1.44 B. ZWC is the larger fund by AUM.
How are ZWC and UMAX managed?
ZWC is actively managed by BMO. It does not track an index. UMAX is actively managed by Hamilton ETFs. It does not track an index.
Which ETF is attracting more investor flows: ZWC or UMAX?
Year to date, ZWC has seen +$345.45 M in net flows, compared with +$498.70 M for UMAX. UMAX has attracted more net investor money so far.
How do the fees of ZWC and UMAX compare?
ZWC has an expense ratio of 0.72%, while UMAX has an expense ratio of 0.77%.
Recent articles about ZWC and UMAX
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Posted on 6/13/2024 by Kyle Anthony inStock Market
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