VS
When evaluating costs, ZWT features a management fee (MER) of 0.65%, compared to 0.65% for QMAX. Performance-wise, ZWT has returned 18.68% year-to-date with +$9 M in net flows, whereas QMAX is at 19.32% with +$228 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
ZWT
QMAX
| AuM | $229.27 M | $1,047.72 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.72% | 0.77% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZWT | -3.46% | +8.12% | +18.68% | +13.81% | +135.89% |
QMAX | -5.28% | +9.91% | +19.32% | +13.89% | +118.26% | |
| Flows | ZWT | +$17 M | +$17 M | +$9 M | +$12 M | +$45 M |
QMAX | +$48 M | +$83 M | +$228 M | +$287 M | +$854 M |
ZWT vs QMAX exposure
Countries
ZWT
Exposure data will be available soon
QMAX
Exposure data will be available soon
Sectors
ZWT
Exposure data will be available soon
QMAX
Exposure data will be available soon
As of October 28, 2026
Top 10 Holdings
ZWT
Exposure data will be available soon
QMAX
Exposure data will be available soon
Diversification
ZWT
Exposure data will be available soon
QMAX
Exposure data will be available soon
Characteristics
Compare
ZWT
QMAX
| Provider | BMO | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.15% | 10.25% |
| 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?
As of October 28, 2026, ZWT has returned 18.68% year to date, while QMAX has returned 19.32%. QMAX is ahead on YTD performance.
Which ETF is larger by assets under management: ZWT or QMAX?
As of October 28, 2026, ZWT manages $229.27 M in assets, while QMAX manages $1.05 B. QMAX is the larger fund by AUM.
How are ZWT and QMAX managed?
ZWT is actively managed by BMO. It does not track an index. QMAX is actively managed by Hamilton ETFs. It does not track an index.
Which ETF is attracting more investor flows: ZWT or QMAX?
Year to date, ZWT has seen +$9.33 M in net flows, compared with +$227.92 M for QMAX. QMAX has attracted more net investor money so far.
How do the fees of ZWT and QMAX compare?
ZWT has an expense ratio of 0.72%, while QMAX has an expense ratio of 0.77%.
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.
Posted on 6/13/2024 by Kyle Anthony 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.