ZWU
BMO Covered Call Utilities ETF

Full ZWU fund page
VS
BANK
Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund

Full BANK fund page

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

-6.0-4.0-2.00.02.0%Sep 16Sep 23Sep 30Oct 7Oct 15

Key Data

Historical performance and flows

As of October 16, 2026
1M3MYTD1Y3Y
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
ProviderBMOEvolve ETFs
ManagementActively managedActively managed
Benchmark--
Replication Method--
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield7.54%12.71%
Meets ESG criteriaNoNo
Inception DateOctober 27, 2011February 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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