VS
Compare BMO Canadian High Dividend Covered Call ETF (ZWC) vs BMO Covered Call Canadian Banks ETF (ZWB) to find the best fit for your portfolio. ZWC provides Finance, Energy, and Non-Energy Materials exposures, while ZWB is primarily weighted in Finance. When evaluating costs, ZWC features a management fee (MER) of 0.65%, compared to 0.65% for ZWB. Performance-wise, ZWC has returned 14.99% year-to-date with +$321 M in net flows, whereas ZWB is at 25.86% with +$38 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
ZWB
| AuM | $2,472.55 M | $4,631.10 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.72% | 0.72% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZWC | -0.15% | +2.78% | +14.99% | +23.86% | +67.02% |
ZWB | -2.07% | +4.46% | +25.86% | +43.03% | +118.51% | |
| Flows | ZWC | +$23 M | +$113 M | +$321 M | +$367 M | +$289 M |
ZWB | -$20 M | +$28 M | +$38 M | +$35 M | -$244 M |
ZWC vs ZWB exposure
Countries
ZWC
Canada
98.15%
ZWB
Canada
100.03%
Sectors
ZWC
Finance
40.64%
Energy
22.76%
Non-Energy Materials
11.23%
Other
25.37%
ZWB
Finance
100.03%
As of September 11, 2026
Top 10 Holdings
ZWC
Royal Bank of Canada
8.06%
The Toronto-Dominion Bank
6.27%
Canadian Imperial Bank of Commerce
5.85%
Canadian Natural Resources Ltd.
5.74%
The Bank of Nova Scotia
5.62%
Enbridge, Inc.
4.71%
Suncor Energy, Inc.
4.66%
TC Energy Corp.
4.03%
Bank of Montreal
3.82%
Nutrien Ltd.
3.17%
ZWB
Bank of Montreal
17.17%
Royal Bank of Canada
17.06%
The Toronto-Dominion Bank
16.82%
The Bank of Nova Scotia
16.57%
National Bank of Canada
16.29%
Canadian Imperial Bank of Commerce
16.13%
Diversification
ZWC
Total weight of top 10 holdings out of 39 total
51.92%
ZWB
Total weight of top 10 holdings out of 6 total
100.03%
Characteristics
Frequently asked questions about ZWC and ZWB
Which ETF has performed better year to date: ZWC or ZWB?
As of September 11, 2026, ZWC has returned 14.99% year to date, while ZWB has returned 25.86%. ZWB is ahead on YTD performance.
Which ETF is larger by assets under management: ZWC or ZWB?
As of September 11, 2026, ZWC manages $2.47 B in assets, while ZWB manages $4.63 B. ZWB is the larger fund by AUM.
How are ZWC and ZWB managed?
ZWC is actively managed by BMO. It does not track an index. ZWB is actively managed by BMO. It does not track an index.
What sectors do ZWC and ZWB emphasize?
ZWC is most exposed to Finance, Energy, and Non-Energy Materials. ZWB is most exposed to Finance.
Which ETF is attracting more investor flows: ZWC or ZWB?
Year to date, ZWC has seen +$320.80 M in net flows, compared with +$38.08 M for ZWB. ZWC has attracted more net investor money so far.
How do the fees of ZWC and ZWB compare?
ZWC has an expense ratio of 0.72%, while ZWB has an expense ratio of 0.72%.
What are the top holdings of ZWC and ZWB?
ZWC's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Canadian Imperial Bank of Commerce. ZWB's top holdings include Bank of Montreal, Royal Bank of Canada, and The Toronto-Dominion Bank.
Which ETF is more diversified: ZWC or ZWB?
ZWC holds 39 securities, while ZWB holds 6. On holdings count, ZWC is the more diversified portfolio.
Recent articles about ZWC and ZWB
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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.