ZWH
BMO US High Dividend Covered Call ETF

Full ZWH fund page
VS
ZWB
BMO Covered Call Canadian Banks ETF

Full ZWB fund page

Compare BMO US High Dividend Covered Call ETF (ZWH) vs BMO Covered Call Canadian Banks ETF (ZWB) to find the best fit for your portfolio. ZWH provides Information Technology, Health Care, and Financials exposures, while ZWB is primarily weighted in Financials. When evaluating costs, ZWH features a management fee (MER) of 0.65%, compared to 0.65% for ZWB. Performance-wise, ZWH has returned 12.58% year-to-date with -$25 M in net flows, whereas ZWB is at 23.03% with +$10 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

0.02.04.06.08.0%May 19May 26Jun 2Jun 9Jun 16

Key Data

Historical performance and flows

As of June 16, 2026
1M3MYTD1Y3Y
Perf.
ZWH
+3.48%+9.91%+12.58%+24.67%+48.80%
ZWB
+8.11%+20.80%+23.03%+58.09%+107.84%
Flows
ZWH
+$7 M+$3 M-$25 M-$38 M-$83 M
ZWB
-$16 M-$13 M+$10 M-$9 M-$214 M

ZWH vs ZWB exposure

Countries

ZWH
USA
98.37%
ZWB
Canada
100.25%

Sectors

ZWH
Information Technology
29.76%
Health Care
12.94%
Financials
10.21%
Consumer Staples
9.46%
Energy
9.32%
Other
28.31%
ZWB
Financials
100.25%
As of June 16, 2026

Top 10 Holdings

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%
ZWB
NATIONAL BANK OF CANADA
17.03%
CDN IMPERIAL BK
16.97%
TORONTO DOMINION
16.92%
BNS
16.47%
BANK OF MONTREAL
16.44%
ROYAL BK CANADA
16.43%

Diversification

ZWH
Total weight of top 10 holdings out of 40 total
38.48%
ZWB
Total weight of top 10 holdings out of 6 total
100.25%

Characteristics

Compare
ZWH
ZWB
ProviderBMOBMO
ManagementActively managedActively managed
Benchmark--
Replication Method
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield5.82%4.74%
Meets ESG criteriaNoNo
Inception DateFebruary 14, 2014January 28, 2011

Frequently asked questions about ZWH and ZWB

Which ETF has performed better year to date: ZWH or ZWB?
As of June 16, 2026, ZWH has returned 12.58% year to date, while ZWB has returned 23.03%. ZWB is ahead on YTD performance.
Which ETF is larger by assets under management: ZWH or ZWB?
As of June 16, 2026, ZWH manages $1.14 B in assets, while ZWB manages $4.57 B. ZWB is the larger fund by AUM.
How are ZWH and ZWB managed?
ZWH 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 ZWH and ZWB emphasize?
ZWH is most exposed to Information Technology, Health Care, and Financials. ZWB is most exposed to Financials.
Which ETF is attracting more investor flows: ZWH or ZWB?
Year to date, ZWH has seen -$25.08 M in net flows, compared with +$9.70 M for ZWB. ZWB has attracted more net investor money so far.
How do the fees of ZWH and ZWB compare?
ZWH has an expense ratio of 0.71%, while ZWB has an expense ratio of 0.72%.
What are the top holdings of ZWH and ZWB?
ZWH's largest holdings include BROADCOM LIMITED, ABBVIE, and JPMORGAN CHASE. ZWB's top holdings include NATIONAL BANK OF CANADA, CDN IMPERIAL BK, and TORONTO DOMINION.
Which ETF is more diversified: ZWH or ZWB?
ZWH holds 40 securities, while ZWB holds 6. On holdings count, ZWH is the more diversified portfolio.

Recent articles about ZWH and ZWB

CboeTrackinsight
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.

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.
diamonds