VS
When evaluating costs, ZWH features a management fee (MER) of 0.65%, compared to 0.65% for UMAX. Performance-wise, ZWH has returned 14.08% year-to-date with -$1 M in net flows, whereas UMAX is at 4.32% with +$499 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
ZWH
UMAX
| AuM | $1,155.62 M | $1,443.09 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.71% | 0.77% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZWH | +1.40% | +1.74% | +14.08% | +14.69% | +49.95% |
UMAX | +0.53% | -6.49% | +4.32% | +4.38% | +28.67% | |
| Flows | ZWH | -$1 M | +$21 M | -$1 M | -$2 M | -$95 M |
UMAX | +$2 M | +$145 M | +$499 M | +$633 M | +$1,475 M |
ZWH vs UMAX exposure
Countries
ZWH
Exposure data will be available soon
UMAX
Exposure data will be available soon
Sectors
ZWH
Exposure data will be available soon
UMAX
Exposure data will be available soon
As of October 16, 2026
Top 10 Holdings
ZWH
Exposure data will be available soon
UMAX
Exposure data will be available soon
Diversification
ZWH
Exposure data will be available soon
UMAX
Exposure data will be available soon
Characteristics
Compare
ZWH
UMAX
| Provider | BMO | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 6.01% | 14.74% |
| Meets ESG criteria | No | No |
| Inception Date | February 14, 2014 | June 14, 2023 |
Frequently asked questions about ZWH and UMAX
Which ETF has performed better year to date: ZWH or UMAX?
As of October 16, 2026, ZWH has returned 14.08% year to date, while UMAX has returned 4.32%. ZWH is ahead on YTD performance.
Which ETF is larger by assets under management: ZWH or UMAX?
As of October 16, 2026, ZWH manages $1.16 B in assets, while UMAX manages $1.44 B. UMAX is the larger fund by AUM.
How are ZWH and UMAX managed?
ZWH is actively managed by BMO. It does not track an index. UMAX is actively managed by Hamilton ETFs. It does not track an index.
Which ETF is attracting more investor flows: ZWH or UMAX?
Year to date, ZWH has seen -$0.96 M in net flows, compared with +$498.70 M for UMAX. UMAX has attracted more net investor money so far.
How do the fees of ZWH and UMAX compare?
ZWH has an expense ratio of 0.71%, while UMAX has an expense ratio of 0.77%.
Recent articles about ZWH and UMAX
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Posted on 6/13/2024 by Kyle Anthony inStock Market
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