ZPAY.TO Alternatives & Similar ETFs

BMO Premium Yield ETF (ZPAY.TO) belongs to the Large Cap Growth Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZPAY.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZPAY.TO

ZPAY.TO charges 0.73% annually. There are 4 ETFs in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.22%.

Symbol	Name	Expense Ratio	AUM	Inception
XSUS.TO	iShares ESG Aware MSCI USA Index ETF	0.22%	737.11M	Mar 2019	ZPAY.TO vs XSUS.TO
XUSR.TO	iShares ESG Advanced MSCI USA Index ETF	0.23%	529.74M	Apr 2020	ZPAY.TO vs XUSR.TO
XQLT.TO	iShares MSCI USA Quality Factor Index ETF	0.32%	258.47M	Sep 2019	ZPAY.TO vs XQLT.TO
FCMO.NEO	Fidelity US Momentum ETF	0.38%	—	Jun 2020	ZPAY.TO vs FCMO.NEO

Best Risk-Adjusted Alternatives to ZPAY.TO

ZPAY.TO has a PortfoliosLab risk / return rank of 29. There are 4 ETFs in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 75.

Symbol	Name	Risk / Return Rank	AUM	Inception
XQLT.TO	iShares MSCI USA Quality Factor Index ETF	75	258.47M	Sep 2019	ZPAY.TO vs XQLT.TO
XSUS.TO	iShares ESG Aware MSCI USA Index ETF	66	737.11M	Mar 2019	ZPAY.TO vs XSUS.TO
FCMO.NEO	Fidelity US Momentum ETF	58	—	Jun 2020	ZPAY.TO vs FCMO.NEO
XUSR.TO	iShares ESG Advanced MSCI USA Index ETF	47	529.74M	Apr 2020	ZPAY.TO vs XUSR.TO

Top Performing ZPAY.TO Alternatives (YTD)

ZPAY.TO is at 7.80% YTD. There are 4 ETFs in the Large Cap Growth Equities category with higher YTD returns, going as high as 20.14%.

Symbol	Name	YTD Return	AUM	Inception
FCMO.NEO	Fidelity US Momentum ETF	20.14%	—	Jun 2020	ZPAY.TO vs FCMO.NEO
XUSR.TO	iShares ESG Advanced MSCI USA Index ETF	19.89%	529.74M	Apr 2020	ZPAY.TO vs XUSR.TO
XSUS.TO	iShares ESG Aware MSCI USA Index ETF	13.70%	737.11M	Mar 2019	ZPAY.TO vs XSUS.TO
XQLT.TO	iShares MSCI USA Quality Factor Index ETF	13.47%	258.47M	Sep 2019	ZPAY.TO vs XQLT.TO

Lowest Volatility Alternatives to ZPAY.TO

ZPAY.TO has 8.72% 1-year volatility. No ETFs in the Large Cap Growth Equities category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 12.14%.

Symbol	Name	Volatility 1Y	AUM	Inception
XQLT.TO	iShares MSCI USA Quality Factor Index ETF	12.14%	258.47M	Sep 2019	ZPAY.TO vs XQLT.TO
XSUS.TO	iShares ESG Aware MSCI USA Index ETF	12.69%	737.11M	Mar 2019	ZPAY.TO vs XSUS.TO
XUSR.TO	iShares ESG Advanced MSCI USA Index ETF	18.41%	529.74M	Apr 2020	ZPAY.TO vs XUSR.TO
FCMO.NEO	Fidelity US Momentum ETF	19.99%	—	Jun 2020	ZPAY.TO vs FCMO.NEO

Lowest Drawdown Alternatives to ZPAY.TO

ZPAY.TO has a 1-year max drawdown of -9.94%. There is 1 ETF in the Large Cap Growth Equities category with a shallower 1-year drawdown, going as shallow as -8.35%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XQLT.TO	iShares MSCI USA Quality Factor Index ETF	-8.35%	258.47M	Sep 2019	ZPAY.TO vs XQLT.TO
XSUS.TO	iShares ESG Aware MSCI USA Index ETF	-10.06%	737.11M	Mar 2019	ZPAY.TO vs XSUS.TO
FCMO.NEO	Fidelity US Momentum ETF	-10.91%	—	Jun 2020	ZPAY.TO vs FCMO.NEO
XUSR.TO	iShares ESG Advanced MSCI USA Index ETF	-11.52%	529.74M	Apr 2020	ZPAY.TO vs XUSR.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 8 categories. AUM among these funds goes as high as $24B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	99	1.25%	5.77B	Nov 2021	ZPAY.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	78	13.65%	24.35B	Nov 2012	ZPAY.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	83	14.44%	895.11M	Jan 2022	ZPAY.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	36.93%	7.20B	Oct 2009	ZPAY.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	90	12.95%	17.34B	May 2009	ZPAY.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	38	15.43%	3.09B	Jan 2010	ZPAY.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	64	19.67%	2.35B	Feb 2019	ZPAY.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	53	7.89%	6.24B	Oct 2011	ZPAY.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	33	1.25%	13.13B	Jan 2010	ZPAY.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	98	22.62%	1.86B	Oct 2011	ZPAY.TO vs ZDV.TO

Often Compared With ZPAY.TO

Investors most often compare ZPAY.TO with VEQT.TO, PFMN.TO, SCHD. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VEQT.TO	Vanguard All-Equity ETF Portfolio	Global Equities	88	14.15%	15.67B	Jan 2019	ZPAY.TO vs VEQT.TO
PFMN.TO	PICTON Market Neutral Equity Alternative Fund	Long-Short	41	2.80%	240.67M	Sep 2018	ZPAY.TO vs PFMN.TO
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	89	19.84%	98.55B	Oct 2011	ZPAY.TO vs SCHD
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	79	13.67%	34.09B	Nov 2012	ZPAY.TO vs VFV.TO
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	11.28%	783.21B	Jan 1993	ZPAY.TO vs SPY
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	99	29.59%	8.59B	Nov 2012	ZPAY.TO vs VDY.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	78	11.53%	5.03B	Jun 2007	ZPAY.TO vs XGRO.TO
ENB.TO	Enbridge Inc.		91	23.32%	—	—	ZPAY.TO vs ENB.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	78	13.69%	13.11B	Apr 2013	ZPAY.TO vs XUS.TO
QQQ	Invesco QQQ ETF	Nasdaq-100	59	17.11%	481.14B	Mar 1999	ZPAY.TO vs QQQ
HPYB.TO	Harvest Premium Yield Canadian Bank ETF	Derivative Income, Financials Equities, Canada Equities	—	—	—	Jan 2026	ZPAY.TO vs HPYB.TO
HXQ.TO	Horizons NASDAQ-100 Index ETF	Nasdaq-100	64	19.69%	1.78B	Apr 2016	ZPAY.TO vs HXQ.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	93	13.97%	23.77B	Sep 1999	ZPAY.TO vs XIU.TO
QTOP	iShares Nasdaq Top 30 Stocks ETF	Nasdaq-100	61	18.68%	292.75M	Oct 2024	ZPAY.TO vs QTOP
VSP.TO	Vanguard S&P 500 Index ETF (CAD-hedged)	S&P 500	56	9.65%	6.11B	Nov 2012	ZPAY.TO vs VSP.TO
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	Nasdaq-100	79	15.75%	63.79M	Nov 2025	ZPAY.TO vs QQCI.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	Nasdaq-100	62	20.57%	—	Nov 2021	ZPAY.TO vs QQCE.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	Nasdaq-100	66	19.68%	3.73B	May 2021	ZPAY.TO vs QQC.TO
ZGRO.TO	BMO Growth ETF	Global Allocation, Diversified Portfolio	79	11.48%	778.93M	Feb 2019	ZPAY.TO vs ZGRO.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	42	15.40%	5.51B	May 2011	ZPAY.TO vs XQQ.TO

Compare ZPAY.TO with Any Fund or Stock

Compare ZPAY.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair ZPAY.TO with funds that move differently

BMO Premium Yield ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZPAY.TO.

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BMO Premium Yield ETF (ZPAY.TO) Alternatives