VS
When evaluating costs, ZWU features a management fee (MER) of 0.65%, compared to 0.6% for BANK. Performance-wise, ZWU has returned 6.31% year-to-date with +$217 M in net flows, whereas BANK is at 29.99% with +$323 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
ZWU
BANK
| AuM | $2,179.64 M | $1,304.82 M |
| Management Fees | 0.65% | 0.60% |
| Exp. ratio | 0.71% | 0.83% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZWU | +0.69% | -5.18% | +6.31% | +3.75% | +43.00% |
BANK | -0.20% | -3.12% | +29.99% | +45.73% | +109.72% | |
| Flows | ZWU | +$29 M | +$91 M | +$217 M | +$318 M | +$340 M |
BANK | +$28 M | +$114 M | +$323 M | +$419 M | +$928 M |
ZWU vs BANK exposure
Countries
ZWU
Exposure data will be available soon
BANK
Exposure data will be available soon
Sectors
ZWU
Exposure data will be available soon
BANK
Exposure data will be available soon
As of October 16, 2026
Top 10 Holdings
ZWU
Exposure data will be available soon
BANK
Exposure data will be available soon
Diversification
ZWU
Exposure data will be available soon
BANK
Exposure data will be available soon
Characteristics
Compare
ZWU
BANK
| Provider | BMO | Evolve ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 7.54% | 12.71% |
| Meets ESG criteria | No | No |
| Inception Date | October 27, 2011 | February 1, 2022 |
Frequently asked questions about ZWU and BANK
Which ETF has performed better year to date: ZWU or BANK?
As of October 16, 2026, ZWU has returned 6.31% year to date, while BANK has returned 29.99%. BANK is ahead on YTD performance.
Which ETF is larger by assets under management: ZWU or BANK?
As of October 16, 2026, ZWU manages $2.18 B in assets, while BANK manages $1.30 B. ZWU is the larger fund by AUM.
How are ZWU and BANK managed?
ZWU is actively managed by BMO. It does not track an index. BANK is actively managed by Evolve ETFs. It does not track an index.
Which ETF is attracting more investor flows: ZWU or BANK?
Year to date, ZWU has seen +$216.62 M in net flows, compared with +$323.00 M for BANK. BANK has attracted more net investor money so far.
How do the fees of ZWU and BANK compare?
ZWU has an expense ratio of 0.71%, while BANK has an expense ratio of 0.83%.
Recent articles about ZWU and BANK
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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.





