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Compare BMO Europe High Dividend Covered Call Hedged to CAD ETF (ZWE) vs BMO US High Dividend Covered Call ETF (ZWH) to find the best fit for your portfolio. ZWE provides Financials, Industrials, and Energy exposures, while ZWH is primarily weighted in Information Technology, Health Care, and Financials. When evaluating costs, ZWE features a management fee (MER) of 0.65%, compared to 0.65% for ZWH. Performance-wise, ZWE has returned 5.09% year-to-date with +$11 M in net flows, whereas ZWH is at 12.5% with -$25 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
ZWE
ZWH
| AuM | $764.91 M | $1,139.52 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.73% | 0.71% |
| Tracking Difference | - | - |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZWE | +2.72% | +5.34% | +5.09% | +13.96% | +34.68% |
ZWH | +4.30% | +10.46% | +12.50% | +23.95% | +49.19% | |
| Flows | ZWE | -$15 M | -$13 M | +$11 M | +$69 M | +$23 M |
ZWH | +$7 M | +$3 M | -$25 M | -$38 M | -$84 M |
ZWE vs ZWH exposure
Countries
ZWE
United Kingdom
24.74%
France
20.86%
Switzerland
20.60%
Germany
13.94%
Italy
8.83%
Other
11.02%
ZWH
USA
98.37%
Sectors
ZWE
Financials
24.13%
Industrials
13.38%
Energy
10.01%
Utilities
9.81%
Other
9.43%
Other
33.25%
ZWH
Information Technology
29.76%
Health Care
12.94%
Financials
10.21%
Consumer Staples
9.46%
Energy
9.32%
Other
28.31%
As of June 12, 2026
Top 10 Holdings
ZWE
HSBC HOLDINGS
5.77%
RIO TINTO
5.76%
CH1499059983
5.48%
TOTALENERGIES SE
5.43%
SHELL PLC
4.59%
INTESA SANPAOLO
4.54%
SIEMENS
4.37%
ENGIE
4.34%
ENEL GLOBAL TRADING
4.29%
NOVARTIS
4.27%
ZWH
BROADCOM LIMITED
4.68%
ABBVIE
4.38%
JPMORGAN CHASE
3.90%
EXXON
3.89%
MERCK & CO INC
3.83%
CHEVRON TEXACO
3.82%
CISCO-T
3.70%
BK OF AMERICA CO
3.64%
INTL BUSINESS MACHINES CORP
3.33%
APPLE
3.32%
Diversification
ZWE
Total weight of top 10 holdings out of 36 total
48.84%
ZWH
Total weight of top 10 holdings out of 40 total
38.48%
Characteristics
Frequently asked questions about ZWE and ZWH
Which ETF has performed better year to date: ZWE or ZWH?
As of June 12, 2026, ZWE has returned 5.09% year to date, while ZWH has returned 12.50%. ZWH is ahead on YTD performance.
Which ETF is larger by assets under management: ZWE or ZWH?
As of June 12, 2026, ZWE manages $764.91 M in assets, while ZWH manages $1.14 B. ZWH is the larger fund by AUM.
How are ZWE and ZWH managed?
ZWE is actively managed by BMO. It does not track an index. ZWH is actively managed by BMO. It does not track an index.
What sectors do ZWE and ZWH emphasize?
ZWE is most exposed to Financials, Industrials, and Energy. ZWH is most exposed to Information Technology, Health Care, and Financials.
Which ETF is attracting more investor flows: ZWE or ZWH?
Year to date, ZWE has seen +$10.94 M in net flows, compared with -$25.08 M for ZWH. ZWE has attracted more net investor money so far.
How do the fees of ZWE and ZWH compare?
ZWE has an expense ratio of 0.73%, while ZWH has an expense ratio of 0.71%.
What are the top holdings of ZWE and ZWH?
ZWE's largest holdings include HSBC HOLDINGS and RIO TINTO. ZWH's top holdings include BROADCOM LIMITED, ABBVIE, and JPMORGAN CHASE.
Which ETF is more diversified: ZWE or ZWH?
ZWE holds 34 securities, while ZWH holds 40. On holdings count, ZWH is the more diversified portfolio.
Recent articles about ZWE and ZWH
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