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%	729.05M	Mar 2019	ZPAY.TO vs XSUS.TO
XUSR.TO	iShares ESG Advanced MSCI USA Index ETF	0.23%	531.77M	Apr 2020	ZPAY.TO vs XUSR.TO
XQLT.TO	iShares MSCI USA Quality Factor Index ETF	0.32%	254.02M	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 26. There are 4 ETFs in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 68.

Symbol	Name	Risk / Return Rank	AUM	Inception
XQLT.TO	iShares MSCI USA Quality Factor Index ETF	68	254.02M	Sep 2019	ZPAY.TO vs XQLT.TO
FCMO.NEO	Fidelity US Momentum ETF	64	—	Jun 2020	ZPAY.TO vs FCMO.NEO
XSUS.TO	iShares ESG Aware MSCI USA Index ETF	63	729.05M	Mar 2019	ZPAY.TO vs XSUS.TO
XUSR.TO	iShares ESG Advanced MSCI USA Index ETF	57	531.77M	Apr 2020	ZPAY.TO vs XUSR.TO

Top Performing ZPAY.TO Alternatives (YTD)

ZPAY.TO is at 6.16% YTD. There are 4 ETFs in the Large Cap Growth Equities category with higher YTD returns, going as high as 22.69%.

Symbol	Name	YTD Return	AUM	Inception
FCMO.NEO	Fidelity US Momentum ETF	22.69%	—	Jun 2020	ZPAY.TO vs FCMO.NEO
XUSR.TO	iShares ESG Advanced MSCI USA Index ETF	21.47%	531.77M	Apr 2020	ZPAY.TO vs XUSR.TO
XSUS.TO	iShares ESG Aware MSCI USA Index ETF	12.20%	729.05M	Mar 2019	ZPAY.TO vs XSUS.TO
XQLT.TO	iShares MSCI USA Quality Factor Index ETF	11.36%	254.02M	Sep 2019	ZPAY.TO vs XQLT.TO

Lowest Volatility Alternatives to ZPAY.TO

ZPAY.TO has 8.56% 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 12.09%.

Symbol	Name	Volatility 1Y	AUM	Inception
XQLT.TO	iShares MSCI USA Quality Factor Index ETF	12.09%	254.02M	Sep 2019	ZPAY.TO vs XQLT.TO
XSUS.TO	iShares ESG Aware MSCI USA Index ETF	12.55%	729.05M	Mar 2019	ZPAY.TO vs XSUS.TO
XUSR.TO	iShares ESG Advanced MSCI USA Index ETF	17.70%	531.77M	Apr 2020	ZPAY.TO vs XUSR.TO
FCMO.NEO	Fidelity US Momentum ETF	19.79%	—	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%	254.02M	Sep 2019	ZPAY.TO vs XQLT.TO
XSUS.TO	iShares ESG Aware MSCI USA Index ETF	-10.06%	729.05M	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%	531.77M	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	1.09%	5.68B	Nov 2021	ZPAY.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	11.86%	24.23B	Nov 2012	ZPAY.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	79	13.48%	846.16M	Jan 2022	ZPAY.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	97	30.69%	6.15B	Oct 2009	ZPAY.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	81	11.25%	16.91B	May 2009	ZPAY.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	41	14.60%	3.24B	Jan 2010	ZPAY.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	67	20.44%	2.39B	Feb 2019	ZPAY.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	45	6.82%	6.18B	Oct 2011	ZPAY.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.97B	Jan 2010	ZPAY.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	20.55%	1.83B	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 9 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	82	13.11%	14.70B	Jan 2019	ZPAY.TO vs VEQT.TO
PFMN.TO	PICTON Market Neutral Equity Alternative Fund	Long-Short	38	3.48%	240.67M	Sep 2018	ZPAY.TO vs PFMN.TO
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	77	17.72%	99.95B	Oct 2011	ZPAY.TO vs SCHD
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	72	11.93%	32.85B	Nov 2012	ZPAY.TO vs VFV.TO
SPY	State Street SPDR S&P 500 ETF	S&P 500	59	8.15%	765.27B	Jan 1993	ZPAY.TO vs SPY
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	24.99%	7.99B	Nov 2012	ZPAY.TO vs VDY.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	69	10.64%	4.97B	Jun 2007	ZPAY.TO vs XGRO.TO
ENB.TO	Enbridge Inc.		89	23.81%	—	—	ZPAY.TO vs ENB.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	71	11.90%	12.94B	Apr 2013	ZPAY.TO vs XUS.TO
QQQ	Invesco QQQ ETF	Nasdaq-100	59	16.45%	493.17B	Mar 1999	ZPAY.TO vs QQQ
HPYB.TO	Harvest Premium Yield Canadian Bank ETF	Large Cap Blend Equities	—	—	—	Jan 2026	ZPAY.TO vs HPYB.TO
HXQ.TO	Horizons NASDAQ-100 Index ETF	Nasdaq-100	68	20.53%	1.82B	Apr 2016	ZPAY.TO vs HXQ.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	86	11.72%	22.98B	Sep 1999	ZPAY.TO vs XIU.TO
VSP.TO	Vanguard S&P 500 Index ETF (CAD-hedged)	S&P 500	49	6.85%	6.15B	Nov 2012	ZPAY.TO vs VSP.TO
QTOP	iShares Nasdaq Top 30 Stocks ETF	Nasdaq-100	60	17.15%	302.90M	Oct 2024	ZPAY.TO vs QTOP
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	Nasdaq-100	82	16.10%	59.49M	Nov 2025	ZPAY.TO vs QQCI.TO
ZGRO.TO	BMO Growth ETF	Global Allocation, Diversified Portfolio	75	10.93%	767.07M	Feb 2019	ZPAY.TO vs ZGRO.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	Nasdaq-100	69	20.44%	1.96B	May 2021	ZPAY.TO vs QQC.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	Nasdaq-100	71	21.09%	—	Nov 2021	ZPAY.TO vs QQCE.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	44	14.79%	5.60B	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.

Explore ZPAY.TO Diversifiers

BMO Premium Yield ETF (ZPAY.TO) Alternatives