VS
Compare BMO US High Dividend Covered Call ETF (ZWH) vs BMO Covered Call Utilities ETF (ZWU) to find the best fit for your portfolio. ZWH provides Information Technology, Health Care, and Energy exposures, while ZWU is primarily weighted in Utilities, Energy, and Communication Services. When evaluating costs, ZWH features a management fee (MER) of 0.65%, compared to 0.65% for ZWU. Performance-wise, ZWH has returned 6.02% year-to-date with -$34 M in net flows, whereas ZWU is at 10.64% with +$47 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
ZWU
| AuM | $1,070.60 M | $2,162.25 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.71% | 0.71% |
| Tracking Difference | - | - |
Historical performance and flows
As of May 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZWH | +3.09% | +1.81% | +6.02% | +21.66% | +37.27% |
ZWU | -0.66% | +7.30% | +10.64% | +16.99% | +30.10% | |
| Flows | ZWH | -$5 M | -$17 M | -$34 M | -$34 M | -$109 M |
ZWU | +$50 M | +$23 M | +$47 M | +$224 M | +$169 M |
ZWH vs ZWU exposure
Countries
ZWH
USA
98.35%
ZWU
Canada
54.22%
USA
43.05%
Sectors
ZWH
Information Technology
26.65%
Health Care
13.67%
Energy
10.61%
Consumer Staples
9.85%
Financials
9.57%
Other
29.66%
ZWU
Utilities
56.11%
Energy
23.14%
Communication Services
21.65%
As of May 1, 2026
Top 10 Holdings
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%
ZWU
FORTIS
5.56%
HYDRO ONE
5.52%
VERIZON COMMUNICATIONS
5.41%
TC ENERGY CORP
5.38%
AT&T
4.86%
PEMBINA PIPELINE
4.85%
ENBRIDGE
4.80%
EMERA
4.52%
KINDER MORGAN
4.36%
NEXTERA ENERGY
4.35%
Diversification
ZWH
Total weight of top 10 holdings out of 40 total
39.12%
ZWU
Total weight of top 10 holdings out of 29 total
49.61%
Characteristics
Frequently asked questions about ZWH and ZWU
Which ETF has performed better year to date: ZWH or ZWU?
As of May 1, 2026, ZWH has returned 6.02% year to date, while ZWU has returned 10.64%. ZWU is ahead on YTD performance.
Which ETF is larger by assets under management: ZWH or ZWU?
As of May 1, 2026, ZWH manages $1.07 B in assets, while ZWU manages $2.16 B. ZWU is the larger fund by AUM.
How are ZWH and ZWU managed?
ZWH is actively managed by BMO. It does not track an index. ZWU is actively managed by BMO. It does not track an index.
What sectors do ZWH and ZWU emphasize?
ZWH is most exposed to Information Technology, Health Care, and Energy. ZWU is most exposed to Utilities, Energy, and Communication Services.
Which ETF is attracting more investor flows: ZWH or ZWU?
Year to date, ZWH has seen -$34.24 M in net flows, compared with +$47.44 M for ZWU. ZWU has attracted more net investor money so far.
How do the fees of ZWH and ZWU compare?
ZWH has an expense ratio of 0.71%, while ZWU has an expense ratio of 0.71%.
What are the top holdings of ZWH and ZWU?
ZWH's largest holdings include ABBVIE, EXXON, and CHEVRON TEXACO. ZWU's top holdings include FORTIS, HYDRO ONE, and VERIZON COMMUNICATIONS.
Which ETF is more diversified: ZWH or ZWU?
ZWH holds 40 securities, while ZWU holds 29. On holdings count, ZWH is the more diversified portfolio.
Recent articles about ZWH and ZWU
Unleashing the Potential of Covered Call ETFs
Here's all you need to know about covered call ETFs as a Canadian investor.
Posted on 6/7/2023 by Tony Dong inStock Market
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.
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.