VS
When evaluating costs, ZWEN features a management fee (MER) of 0.73%, compared to 0.65% for HMAX. Performance-wise, ZWEN has returned 52.62% year-to-date with -$53 M in net flows, whereas HMAX is at 20.01% with +$484 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
ZWEN
HMAX
| AuM | $126.91 M | $2,617.84 M |
| Management Fees | 0.73% | 0.65% |
| Exp. ratio | 0.72% | 0.76% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZWEN | +3.29% | +14.08% | +52.62% | +53.29% | +74.10% |
HMAX | +3.65% | -0.10% | +20.01% | +27.57% | +100.01% | |
| Flows | ZWEN | -$14 M | -$20 M | -$53 M | -$43 M | +$57 M |
HMAX | +$27 M | +$112 M | +$484 M | +$593 M | +$1,626 M |
ZWEN vs HMAX exposure
Countries
ZWEN
Exposure data will be available soon
HMAX
Exposure data will be available soon
Sectors
ZWEN
Exposure data will be available soon
HMAX
Exposure data will be available soon
As of November 3, 2026
Top 10 Holdings
ZWEN
Exposure data will be available soon
HMAX
Exposure data will be available soon
Diversification
ZWEN
Exposure data will be available soon
HMAX
Exposure data will be available soon
Characteristics
Compare
ZWEN
HMAX
| Provider | BMO | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 6.66% | 11.39% |
| Meets ESG criteria | No | No |
| Inception Date | January 23, 2023 | January 20, 2023 |
Frequently asked questions about ZWEN and HMAX
Which ETF has performed better year to date: ZWEN or HMAX?
As of November 3, 2026, ZWEN has returned 52.62% year to date, while HMAX has returned 20.01%. ZWEN is ahead on YTD performance.
Which ETF is larger by assets under management: ZWEN or HMAX?
As of November 3, 2026, ZWEN manages $126.91 M in assets, while HMAX manages $2.62 B. HMAX is the larger fund by AUM.
How are ZWEN and HMAX managed?
ZWEN is actively managed by BMO. It does not track an index. HMAX is actively managed by Hamilton ETFs. It does not track an index.
Which ETF is attracting more investor flows: ZWEN or HMAX?
Year to date, ZWEN has seen -$52.76 M in net flows, compared with +$484.09 M for HMAX. HMAX has attracted more net investor money so far.
How do the fees of ZWEN and HMAX compare?
ZWEN has an expense ratio of 0.72%, while HMAX has an expense ratio of 0.76%.
Recent articles about ZWEN and HMAX
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ETFs that employ covered call-writing strategies can be effective ways to generate monthly yield for investors while still providing exposure to a security or asset class on a long-term basis.
Posted on 6/13/2024 by Kyle Anthony inStock Market
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