ZWE
BMO Europe High Dividend Covered Call Hedged to CAD ETF

Full ZWE fund page
VS
ZWH
BMO US High Dividend Covered Call ETF

Full ZWH fund page

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, Consumer Discretionary, and Industrials exposures, while ZWH is primarily weighted in Information Technology, Health Care, and Energy. When evaluating costs, ZWE features a management fee (MER) of 0.65%, compared to 0.65% for ZWH. Performance-wise, ZWE has returned 0.65% year-to-date with +$22 M in net flows, whereas ZWH is at 5.08% with -$34 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

0.01.02.03.04.05.0%Mar 30Apr 7Apr 14Apr 21Apr 28

Key Data

Historical performance and flows

As of April 29, 2026
1M3MYTD1Y3Y
Perf.
ZWE
+2.79%-0.86%+0.65%+12.35%+27.25%
ZWH
+3.20%+3.97%+5.08%+20.66%+36.06%
Flows
ZWE
+$0 M+$17 M+$22 M+$102 M+$53 M
ZWH
-$6 M-$21 M-$34 M-$34 M-$109 M

ZWE vs ZWH exposure

Countries

ZWE
United Kingdom
23.61%
Switzerland
22.68%
Germany
18.03%
France
16.16%
Netherlands
7.12%
Other
12.39%
ZWH
USA
98.35%

Sectors

ZWE
Financials
22.22%
Other
10.82%
Consumer Discretionary
10.71%
Industrials
10.43%
Energy
10.29%
Materials
8.40%
Other
27.13%
ZWH
Information Technology
26.65%
Health Care
13.67%
Energy
10.61%
Consumer Staples
9.85%
Financials
9.57%
Other
29.66%
As of April 29, 2026

Top 10 Holdings

ZWE
RIO TINTO
5.51%
TOTALENERGIES SE
5.41%
SHELL PLC
4.89%
HSBC HOLDINGS
4.81%
NOVARTIS
4.67%
CH1499059983
4.39%
ALLIANZ SE
3.79%
NESTLE SA
3.58%
ENEL GLOBAL TRADING
3.56%
LVMH MOET HENNESSY LOUIS VUITT
3.56%
ZWH
ABBVIE
4.79%
EXXON
4.53%
CHEVRON TEXACO
4.40%
MERCK & CO INC
4.28%
JPMORGAN CHASE
3.75%
INTL BUSINESS MACHINES CORP
3.67%
BROADCOM LIMITED
3.61%
CISCO-T
3.41%
BK OF AMERICA CO
3.41%
AT&T
3.27%

Diversification

ZWE
Total weight of top 10 holdings out of 34 total
44.15%
ZWH
Total weight of top 10 holdings out of 40 total
39.12%

Characteristics

Compare
ZWE
ZWH
ProviderBMOBMO
ManagementActively managedActively managed
Benchmark--
Replication Method
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield6.94%6.16%
Meets ESG criteriaNoNo
Inception DateSeptember 9, 2015February 14, 2014

Frequently asked questions about ZWE and ZWH

Which ETF has performed better year to date: ZWE or ZWH?
As of April 29, 2026, ZWE has returned 0.65% year to date, while ZWH has returned 5.08%. ZWH is ahead on YTD performance.
Which ETF is larger by assets under management: ZWE or ZWH?
As of April 29, 2026, ZWE manages $747.13 M in assets, while ZWH manages $1.06 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, Consumer Discretionary, and Industrials. ZWH is most exposed to Information Technology, Health Care, and Energy.
Which ETF is attracting more investor flows: ZWE or ZWH?
Year to date, ZWE has seen +$21.64 M in net flows, compared with -$34.24 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 RIO TINTO and TOTALENERGIES SE. ZWH's top holdings include ABBVIE, EXXON, and CHEVRON TEXACO.
Which ETF is more diversified: ZWE or ZWH?
ZWE holds 31 securities, while ZWH holds 40. On holdings count, ZWH is the more diversified portfolio.

Recent articles about ZWE and ZWH

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