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 5 ETFs in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.18%.

Symbol	Name	Expense Ratio	AUM	Inception
ZGRO.TO	BMO Growth ETF	0.18%	740.00M	Feb 2019	ZPAY.TO vs ZGRO.TO
XSUS.TO	iShares ESG Aware MSCI USA Index ETF	0.22%	729.60M	Mar 2019	ZPAY.TO vs XSUS.TO
XUSR.TO	iShares ESG Advanced MSCI USA Index ETF	0.23%	506.67M	Apr 2020	ZPAY.TO vs XUSR.TO
XQLT.TO	iShares MSCI USA Quality Factor Index ETF	0.32%	244.34M	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 31. There are 5 ETFs in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 73.

Symbol	Name	Risk / Return Rank	AUM	Inception
ZGRO.TO	BMO Growth ETF	73	740.00M	Feb 2019	ZPAY.TO vs ZGRO.TO
XSUS.TO	iShares ESG Aware MSCI USA Index ETF	63	729.60M	Mar 2019	ZPAY.TO vs XSUS.TO
FCMO.NEO	Fidelity US Momentum ETF	61	—	Jun 2020	ZPAY.TO vs FCMO.NEO
XUSR.TO	iShares ESG Advanced MSCI USA Index ETF	58	506.67M	Apr 2020	ZPAY.TO vs XUSR.TO
XQLT.TO	iShares MSCI USA Quality Factor Index ETF	57	244.34M	Sep 2019	ZPAY.TO vs XQLT.TO

Top Performing ZPAY.TO Alternatives (YTD)

ZPAY.TO is at 4.79% YTD. There are 5 ETFs in the Large Cap Growth Equities category with higher YTD returns, going as high as 21.07%.

Symbol	Name	YTD Return	AUM	Inception
XUSR.TO	iShares ESG Advanced MSCI USA Index ETF	21.07%	506.67M	Apr 2020	ZPAY.TO vs XUSR.TO
FCMO.NEO	Fidelity US Momentum ETF	20.55%	—	Jun 2020	ZPAY.TO vs FCMO.NEO
XSUS.TO	iShares ESG Aware MSCI USA Index ETF	12.45%	729.60M	Mar 2019	ZPAY.TO vs XSUS.TO
ZGRO.TO	BMO Growth ETF	10.53%	740.00M	Feb 2019	ZPAY.TO vs ZGRO.TO
XQLT.TO	iShares MSCI USA Quality Factor Index ETF	10.01%	244.34M	Sep 2019	ZPAY.TO vs XQLT.TO

Lowest Volatility Alternatives to ZPAY.TO

ZPAY.TO has 8.24% 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 10.81%.

Symbol	Name	Volatility 1Y	AUM	Inception
ZGRO.TO	BMO Growth ETF	10.81%	740.00M	Feb 2019	ZPAY.TO vs ZGRO.TO
XQLT.TO	iShares MSCI USA Quality Factor Index ETF	11.85%	244.34M	Sep 2019	ZPAY.TO vs XQLT.TO
XSUS.TO	iShares ESG Aware MSCI USA Index ETF	12.01%	729.60M	Mar 2019	ZPAY.TO vs XSUS.TO
XUSR.TO	iShares ESG Advanced MSCI USA Index ETF	16.06%	506.67M	Apr 2020	ZPAY.TO vs XUSR.TO
FCMO.NEO	Fidelity US Momentum ETF	18.30%	—	Jun 2020	ZPAY.TO vs FCMO.NEO

Lowest Drawdown Alternatives to ZPAY.TO

ZPAY.TO has a 1-year max drawdown of -7.64%. There is 1 ETF in the Large Cap Growth Equities category with a shallower 1-year drawdown, going as shallow as -6.87%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZGRO.TO	BMO Growth ETF	-6.87%	740.00M	Feb 2019	ZPAY.TO vs ZGRO.TO
XQLT.TO	iShares MSCI USA Quality Factor Index ETF	-8.35%	244.34M	Sep 2019	ZPAY.TO vs XQLT.TO
XSUS.TO	iShares ESG Aware MSCI USA Index ETF	-10.05%	729.60M	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%	506.67M	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 7 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	100	0.95%	5.70B	Nov 2021	ZPAY.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	Nov 2012	ZPAY.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	13.04%	789.04M	Jan 2022	ZPAY.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	19.22%	5.16B	Oct 2009	ZPAY.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.70%	16.67B	May 2009	ZPAY.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	67	19.82%	3.25B	Jan 2010	ZPAY.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	74	22.76%	2.28B	Feb 2019	ZPAY.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	ZPAY.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.80B	Jan 2010	ZPAY.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	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 8 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	81	12.75%	14.70B	Jan 2019	ZPAY.TO vs VEQT.TO
PFMN.TO	PICTON Market Neutral Equity Alternative Fund	Long-Short	26	1.49%	240.67M	Sep 2018	ZPAY.TO vs PFMN.TO
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	80	19.01%	94.95B	Oct 2011	ZPAY.TO vs SCHD
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	74	12.30%	32.85B	Nov 2012	ZPAY.TO vs VFV.TO
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	10.91%	781.00B	Jan 1993	ZPAY.TO vs SPY
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	20.59%	7.99B	Nov 2012	ZPAY.TO vs VDY.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	67	10.38%	4.82B	Jun 2007	ZPAY.TO vs XGRO.TO
ENB.TO	Enbridge Inc.		81	21.23%	—	—	ZPAY.TO vs ENB.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	73	12.21%	12.60B	Apr 2013	ZPAY.TO vs XUS.TO
QQQ	Invesco QQQ ETF	Nasdaq-100	73	21.30%	493.99B	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	75	22.84%	1.25B	Apr 2016	ZPAY.TO vs HXQ.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	82	10.14%	22.52B	Sep 1999	ZPAY.TO vs XIU.TO
VSP.TO	Vanguard S&P 500 CAD-hedged ETF	S&P 500	60	9.64%	6.15B	Nov 2012	ZPAY.TO vs VSP.TO
QTOP	iShares Nasdaq Top 30 Stocks ETF	Nasdaq-100	74	22.71%	298.37M	Oct 2024	ZPAY.TO vs QTOP
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	Nasdaq-100	82	16.01%	59.49M	Nov 2025	ZPAY.TO vs QQCI.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	Nasdaq-100	76	22.65%	1.96B	May 2021	ZPAY.TO vs QQC.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	Nasdaq-100	76	23.30%	—	Nov 2021	ZPAY.TO vs QQCE.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	66	19.81%	5.56B	May 2011	ZPAY.TO vs XQQ.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	75	12.29%	18.41B	Aug 2019	ZPAY.TO vs XEQT.TO

Compare ZPAY.TO with Any Fund or Stock

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

Symbol name

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