VS
When evaluating costs, ZWC features a management fee (MER) of 0.65%, compared to 0.2% for XEI. Performance-wise, ZWC has returned 16.5% year-to-date with +$355 M in net flows, whereas XEI is at 29.27% with +$827 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
XEI
| AuM | $2,512.42 M | $4,477.16 M |
| Management Fees | 0.65% | 0.20% |
| Exp. ratio | 0.72% | 0.22% |
| Tracking Difference | - | -0.43% |
Historical performance and flows
As of November 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZWC | +2.82% | +1.46% | +16.50% | +22.54% | +71.12% |
XEI | +4.36% | +1.61% | +29.27% | +35.42% | +98.14% | |
| Flows | ZWC | +$16 M | +$66 M | +$355 M | +$381 M | +$304 M |
XEI | +$12 M | +$92 M | +$827 M | +$1,042 M | +$1,626 M |
ZWC vs XEI exposure
Countries
ZWC
Exposure data will be available soon
XEI
Canada
92.99%
Other
7.01%
Sectors
ZWC
Exposure data will be available soon
XEI
Finance
35.91%
Energy
30.27%
Utilities
10.50%
Other
23.32%
As of November 2, 2026
Top 10 Holdings
ZWC
Exposure data will be available soon
XEI
The Toronto-Dominion Bank
5.21%
Suncor Energy, Inc.
5.20%
Royal Bank of Canada
5.03%
Enbridge, Inc.
4.99%
Canadian Natural Resources Ltd.
4.84%
TC Energy Corp.
4.38%
Nutrien Ltd.
4.29%
Bank of Montreal
4.21%
The Bank of Nova Scotia
3.99%
Canadian Imperial Bank of Commerce
3.62%
Diversification
ZWC
Exposure data will be available soon
XEI
Total weight of top 10 holdings out of 75 total
45.74%
Characteristics
Compare
ZWC
XEI
| Provider | BMO | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P/TSX Composite High Dividend Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.94% | 3.37% |
| Meets ESG criteria | No | No |
| Inception Date | February 9, 2017 | April 12, 2011 |
Frequently asked questions about ZWC and XEI
Which ETF has performed better year to date: ZWC or XEI?
As of November 2, 2026, ZWC has returned 16.50% year to date, while XEI has returned 29.27%. XEI is ahead on YTD performance.
Which ETF is larger by assets under management: ZWC or XEI?
As of November 2, 2026, ZWC manages $2.51 B in assets, while XEI manages $4.48 B. XEI is the larger fund by AUM.
How are ZWC and XEI managed?
ZWC is actively managed by BMO. It does not track an index. XEI is passively managed by iShares. It tracks the S&P/TSX Composite High Dividend Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: ZWC or XEI?
Year to date, ZWC has seen +$354.57 M in net flows, compared with +$826.95 M for XEI. XEI has attracted more net investor money so far.
How do the fees of ZWC and XEI compare?
ZWC has an expense ratio of 0.72%, while XEI has an expense ratio of 0.22%.
Recent articles about ZWC and XEI
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