VS
BMO Covered Call Technology ETF (ZWT) and TD Global Technology Leaders Index ETF (TEC) 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 TEC leans towards Information Technology, Communication Services, and Consumer Discretionary. When evaluating costs, ZWT features a management fee (MER) of 0.65%, compared to 0.35% for TEC. Performance-wise, ZWT has returned 13.49% year-to-date with +$18 M in net flows, whereas TEC is at 12.44% with +$548 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
TEC
| AuM | $233.75 M | $4,836.70 M |
| Management Fees | 0.65% | 0.35% |
| Exp. ratio | 0.71% | 0.39% |
| Tracking Difference | - | -0.59% |
Historical performance and flows
As of June 9, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZWT | +1.18% | +18.91% | +13.49% | +36.26% | +139.46% |
TEC | +1.02% | +19.66% | +12.44% | +32.46% | +117.13% | |
| Flows | ZWT | -$10 M | +$4 M | +$18 M | +$37 M | +$58 M |
TEC | -$54 M | +$285 M | +$548 M | +$745 M | +$1,287 M |
ZWT vs TEC exposure
Countries
ZWT
USA
99.58%
TEC
USA
88.13%
Other
11.87%
Sectors
ZWT
Information Technology
68.09%
Communication Services
20.87%
Consumer Discretionary
9.50%
TEC
Information Technology
64.10%
Communication Services
16.37%
Consumer Discretionary
12.01%
Other
7.52%
As of June 9, 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%
TEC
NVIDIA
13.79%
APPLE
10.50%
MICROSOFT-T
8.50%
AMAZON.COM INC
6.80%
ALPHABET INC-CL
5.55%
BROADCOM LIMITED
5.30%
ALPHABET INC-CL
4.78%
META PLATFORMS
4.01%
TESLA
2.99%
MICRON TECHNOLOGY
1.61%
Diversification
ZWT
Total weight of top 10 holdings out of 30 total
73.57%
TEC
Total weight of top 10 holdings out of 199 total
63.83%
Characteristics
Compare
ZWT
TEC
| Provider | BMO | TD Asset Management |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Global Technology Leaders NTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.48% | 0.10% |
| Meets ESG criteria | No | No |
| Inception Date | January 26, 2021 | May 9, 2019 |
Frequently asked questions about ZWT and TEC
Which ETF has performed better year to date: ZWT or TEC?
As of June 9, 2026, ZWT has returned 13.49% year to date, while TEC has returned 12.44%. ZWT is ahead on YTD performance.
Which ETF is larger by assets under management: ZWT or TEC?
As of June 9, 2026, ZWT manages $233.75 M in assets, while TEC manages $4.84 B. TEC is the larger fund by AUM.
How are ZWT and TEC managed?
ZWT is actively managed by BMO. It does not track an index. TEC is passively managed by TD Asset Management. It tracks the Solactive Global Technology Leaders NTR Index - CAD benchmark.
What sectors do ZWT and TEC emphasize?
ZWT is most exposed to Information Technology, Communication Services, and Consumer Discretionary. TEC is most exposed to Information Technology, Communication Services, and Consumer Discretionary.
Which ETF is attracting more investor flows: ZWT or TEC?
Year to date, ZWT has seen +$18.40 M in net flows, compared with +$548.47 M for TEC. TEC has attracted more net investor money so far.
How do the fees of ZWT and TEC compare?
ZWT has an expense ratio of 0.71%, while TEC has an expense ratio of 0.39%.
What are the top holdings of ZWT and TEC?
ZWT's largest holdings include AMAZON.COM INC, ALPHABET INC-CL, and BROADCOM LIMITED. TEC's top holdings include NVIDIA, APPLE, and ALPHABET INC-CL.
Which ETF is more diversified: ZWT or TEC?
ZWT holds 29 securities, while TEC holds 191. On holdings count, TEC is the more diversified portfolio.
Recent articles about ZWT and TEC
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