VS
BMO US High Dividend Covered Call Hedged to CAD ETF (ZWS.T) and iShares MSCI USA Minimum Volatility Index ETF (XMU) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZWS.T focuses its top 3 sector exposures on Technology, Finance, and Consumer Non-Cyclicals, while XMU leans towards Technology, Finance, and Healthcare. When evaluating costs, ZWS.T features a management fee (MER) of 0.73%, compared to 0.3% for XMU. 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
ZWS.T
XMU
| AuM | $2.21 M | $338.10 M |
| Management Fees | 0.73% | 0.30% |
| Exp. ratio | 0.73% | 0.33% |
| Tracking Difference | - | -0.09% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZWS.T | -0.20% | +2.72% | - | - | - |
XMU | +2.01% | +4.70% | +5.39% | +7.02% | +42.70% | |
| Flows | ZWS.T | +$1 M | +$1 M | - | - | - |
XMU | +$7 M | -$53 M | -$55 M | -$55 M | -$123 M |
ZWS.T vs XMU exposure
Countries
ZWS.T
USA
99.37%
XMU
USA
94.07%
Sectors
ZWS.T
Technology
31.79%
Finance
15.62%
Consumer Non-Cyclicals
11.65%
Healthcare
10.72%
Energy
8.65%
Other
21.57%
XMU
Technology
31.33%
Finance
13.33%
Healthcare
12.61%
Consumer Non-Cyclicals
10.93%
Other
31.79%
As of July 17, 2026
Top 10 Holdings
ZWS.T
Broadcom Inc.
4.63%
AbbVie, Inc.
4.54%
Cisco Systems, Inc.
4.46%
QUALCOMM, Inc.
4.42%
Merck & Co., Inc.
4.00%
International Business Machines Corp.
3.75%
Apple, Inc.
3.65%
JPMorgan Chase & Co.
3.62%
Exxon Mobil Corp.
3.57%
Chevron Corp.
3.51%
XMU
Microsoft Corp.
1.60%
Cisco Systems, Inc.
1.55%
Amphenol Corp.
1.49%
Verizon Communications, Inc.
1.45%
Newmont Corp.
1.44%
Duke Energy Corp.
1.44%
The Southern Co.
1.43%
NVIDIA Corp.
1.42%
International Business Machines Corp.
1.40%
Chubb Ltd.
1.40%
Diversification
ZWS.T
Total weight of top 10 holdings out of 40 total
40.15%
XMU
Total weight of top 10 holdings out of 165 total
14.61%
Characteristics
Compare
ZWS.T
XMU
| Provider | BMO | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | MSCI USA Minimum Volatility Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 1.14% |
| Meets ESG criteria | No | No |
| Inception Date | February 9, 2026 | July 24, 2012 |
Frequently asked questions about ZWS.T and XMU
Which ETF is larger by assets under management: ZWS.T or XMU?
As of July 17, 2026, ZWS.T manages $2.21 M in assets, while XMU manages $338.10 M. XMU is the larger fund by AUM.
How are ZWS.T and XMU managed?
ZWS.T is actively managed by BMO. It does not track an index. XMU is passively managed by iShares. It tracks the MSCI USA Minimum Volatility Net Total Return Index - CAD benchmark.
What sectors do ZWS.T and XMU emphasize?
ZWS.T is most exposed to Technology, Finance, and Consumer Non-Cyclicals. XMU is most exposed to Technology, Finance, and Healthcare.
How do the fees of ZWS.T and XMU compare?
ZWS.T has an expense ratio of 0.73%, while XMU has an expense ratio of 0.33%.
What are the top holdings of ZWS.T and XMU?
ZWS.T's largest holdings include Broadcom Inc., AbbVie, Inc., and Cisco Systems, Inc.. XMU's top holdings include Microsoft Corp., Cisco Systems, Inc., and Amphenol Corp..
Which ETF is more diversified: ZWS.T or XMU?
ZWS.T holds 40 securities, while XMU holds 165. On holdings count, XMU is the more diversified portfolio.
Recent articles about ZWS.T and XMU
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