BMO Covered Call Technology ETF (ZWT) and Hamilton Technology Yield Maximizer ETF (QMAX) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZWT focuses its top 3 sector exposures on Technology, Consumer Non-Cyclicals, and Business Services, while QMAX leans towards Technology, Consumer Non-Cyclicals, and Business Services. When evaluating costs, ZWT features a management fee (MER) of 0.65%, compared to 0.65% for QMAX. Performance-wise, ZWT has returned 15.35% year-to-date with -$5 M in net flows, whereas QMAX is at 16.88% with +$175 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
| AuM | $210.80 M | $985.10 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.71% | 0.77% |
| Tracking Difference | - | - |
Historical performance and flows
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZWT | -1.66% | +4.14% | +15.35% | +20.06% | +118.18% |
QMAX | -1.09% | +3.65% | +16.88% | +22.24% | - | |
| Flows | ZWT | +$3 M | -$23 M | -$5 M | +$1 M | +$35 M |
QMAX | +$29 M | +$66 M | +$175 M | +$192 M | - |
ZWT vs QMAX exposure
Countries
Sectors
Top 10 Holdings
Diversification
Characteristics
| Provider | BMO | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.07% | 10.28% |
| Meets ESG criteria | No | No |
| Inception Date | January 26, 2021 | October 25, 2023 |
Frequently asked questions about ZWT and QMAX
Which ETF has performed better year to date: ZWT or QMAX?
Which ETF is larger by assets under management: ZWT or QMAX?
How are ZWT and QMAX managed?
What sectors do ZWT and QMAX emphasize?
Which ETF is attracting more investor flows: ZWT or QMAX?
How do the fees of ZWT and QMAX compare?
What are the top holdings of ZWT and QMAX?
Which ETF is more diversified: ZWT or QMAX?
Recent articles about ZWT and QMAX
Yield-focused ETFs and the Benefit They Can Provide Investors
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.
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.