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BMO Covered Call Technology ETF (ZWT) and Evolve NASDAQ Technology Index Fund (QQQT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZWT focuses its top 3 sector exposures on Information Technology, Communication Services, and Consumer Discretionary, while QQQT leans towards Information Technology, Communication Services, and Consumer Discretionary. When evaluating costs, ZWT features a management fee (MER) of 0.65%, compared to 0.25% for QQQT. Performance-wise, ZWT has returned 14.31% year-to-date with -$8 M in net flows, whereas QQQT is at 23.44% with +$14 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
QQQT
| AuM | $208.94 M | $143.60 M |
| Management Fees | 0.65% | 0.25% |
| Exp. ratio | 0.71% | 0.46% |
| Tracking Difference | - | - |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZWT | +2.29% | +20.95% | +14.31% | +36.73% | +136.20% |
QQQT | +0.75% | +26.46% | +23.44% | +52.80% | - | |
| Flows | ZWT | -$33 M | -$22 M | -$8 M | +$11 M | +$31 M |
QQQT | +$10 M | +$15 M | +$14 M | +$23 M | - |
ZWT vs QQQT exposure
Countries
ZWT
USA
99.58%
QQQT
USA
93.64%
Sectors
ZWT
Information Technology
68.09%
Communication Services
20.87%
Consumer Discretionary
9.50%
QQQT
Information Technology
72.48%
Communication Services
18.58%
Other
8.46%
As of June 11, 2026
Top 10 Holdings
ZWT
AMAZON.COM INC
9.50%
ALPHABET INC-CL
9.32%
BROADCOM LIMITED
9.22%
NVIDIA
9.11%
MICROSOFT-T
9.02%
META PLATFORMS
8.94%
APPLE
8.25%
MICRON TECHNOLOGY
4.07%
ADVANCED MICRO DEVICES
3.30%
INTEL-T
2.84%
QQQT
BROADCOM LIMITED
11.20%
NVIDIA
10.53%
MICROSOFT-T
9.20%
META PLATFORMS
8.99%
APPLE
8.48%
ALPHABET INC-CL
4.97%
ALPHABET INC-CL
4.62%
MICRON TECHNOLOGY
4.55%
ADVANCED MICRO DEVICES
4.10%
INTEL-T
3.26%
Diversification
ZWT
Total weight of top 10 holdings out of 30 total
73.57%
QQQT
Total weight of top 10 holdings out of 39 total
69.89%
Characteristics
Compare
ZWT
QQQT
| Provider | BMO | Evolve ETFs |
| Management | Actively managed | Passively managed |
| Benchmark | - | Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index - USD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.45% | 0.24% |
| Meets ESG criteria | No | No |
| Inception Date | January 26, 2021 | July 11, 2023 |
Frequently asked questions about ZWT and QQQT
Which ETF has performed better year to date: ZWT or QQQT?
As of June 11, 2026, ZWT has returned 14.31% year to date, while QQQT has returned 23.44%. QQQT is ahead on YTD performance.
Which ETF is larger by assets under management: ZWT or QQQT?
As of June 11, 2026, ZWT manages $208.94 M in assets, while QQQT manages $143.60 M. ZWT is the larger fund by AUM.
How are ZWT and QQQT managed?
ZWT is actively managed by BMO. It does not track an index. QQQT is passively managed by Evolve ETFs. It tracks the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index - USD benchmark.
What sectors do ZWT and QQQT emphasize?
ZWT is most exposed to Information Technology, Communication Services, and Consumer Discretionary. QQQT is most exposed to Information Technology, Communication Services, and Consumer Discretionary.
Which ETF is attracting more investor flows: ZWT or QQQT?
Year to date, ZWT has seen -$7.98 M in net flows, compared with +$13.83 M for QQQT. QQQT has attracted more net investor money so far.
How do the fees of ZWT and QQQT compare?
ZWT has an expense ratio of 0.71%, while QQQT has an expense ratio of 0.46%.
What are the top holdings of ZWT and QQQT?
ZWT's largest holdings include AMAZON.COM INC, ALPHABET INC-CL, and BROADCOM LIMITED. QQQT's top holdings include BROADCOM LIMITED, NVIDIA, and ALPHABET INC-CL.
Which ETF is more diversified: ZWT or QQQT?
ZWT holds 29 securities, while QQQT holds 36. On holdings count, QQQT is the more diversified portfolio.
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