VS
When evaluating costs, ZWU features a management fee (MER) of 0.65%, compared to 0.65% for HDIV. Performance-wise, ZWU has returned 4.8% year-to-date with +$216 M in net flows, whereas HDIV is at 20.87% with +$646 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
HDIV
| AuM | $2,147.54 M | $1,952.36 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.71% | 0.96% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 19, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZWU | -0.27% | -6.11% | +4.80% | +1.86% | +43.87% |
HDIV | -2.21% | +2.82% | +20.87% | +26.76% | +118.23% | |
| Flows | ZWU | +$28 M | +$90 M | +$216 M | +$319 M | +$333 M |
HDIV | +$69 M | +$213 M | +$646 M | +$756 M | +$1,217 M |
ZWU vs HDIV exposure
Countries
ZWU
Exposure data will be available soon
HDIV
Exposure data will be available soon
Sectors
ZWU
Exposure data will be available soon
HDIV
Exposure data will be available soon
As of October 19, 2026
Top 10 Holdings
ZWU
Exposure data will be available soon
HDIV
Exposure data will be available soon
Diversification
ZWU
Exposure data will be available soon
HDIV
Exposure data will be available soon
Characteristics
Compare
ZWU
HDIV
| Provider | BMO | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 7.64% | 9.64% |
| Meets ESG criteria | No | No |
| Inception Date | October 27, 2011 | July 19, 2021 |
Frequently asked questions about ZWU and HDIV
Which ETF has performed better year to date: ZWU or HDIV?
As of October 19, 2026, ZWU has returned 4.80% year to date, while HDIV has returned 20.87%. HDIV is ahead on YTD performance.
Which ETF is larger by assets under management: ZWU or HDIV?
As of October 19, 2026, ZWU manages $2.15 B in assets, while HDIV manages $1.95 B. ZWU is the larger fund by AUM.
How are ZWU and HDIV managed?
ZWU is actively managed by BMO. It does not track an index. HDIV is actively managed by Hamilton ETFs. It does not track an index.
Which ETF is attracting more investor flows: ZWU or HDIV?
Year to date, ZWU has seen +$215.52 M in net flows, compared with +$645.83 M for HDIV. HDIV has attracted more net investor money so far.
How do the fees of ZWU and HDIV compare?
ZWU has an expense ratio of 0.71%, while HDIV has an expense ratio of 0.96%.
Recent articles about ZWU and HDIV
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