ZWEN.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to ZWEN.TO

ZWEN.TO charges 0.88% annually. There are 10 ETFs in the Energy Equities category with lower expense ratios, going as low as 0.27%.

Symbol	Name	Expense Ratio	AUM	Inception
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	0.27%	126.54M	Sep 2013	ZWEN.TO vs HXE.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	0.31%	—	Jul 2014	ZWEN.TO vs PPLN.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	0.49%	257.58M	Nov 2024	ZWEN.TO vs NRGY.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	0.60%	2.38B	Mar 2001	ZWEN.TO vs XEG.TO
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	0.60%	661.86M	Apr 2011	ZWEN.TO vs XBM.TO

Best Risk-Adjusted Alternatives to ZWEN.TO

ZWEN.TO has a PortfoliosLab risk / return rank of 63. There are 8 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 84.

Symbol	Name	Risk / Return Rank	AUM	Inception
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	84	—	Jul 2014	ZWEN.TO vs PPLN.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	84	257.58M	Nov 2024	ZWEN.TO vs NRGY.TO
CIF.TO	iShares Global Infrastructure Index ETF	79	1.57B	Aug 2008	ZWEN.TO vs CIF.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	78	326.77M	Oct 2009	ZWEN.TO vs ZEO.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	77	708.27M	Apr 2011	ZWEN.TO vs ENCC.TO

Top Performing ZWEN.TO Alternatives (YTD)

ZWEN.TO is at 25.05% YTD. There are 9 ETFs in the Energy Equities category with higher YTD returns, going as high as 36.48%.

Symbol	Name	YTD Return	AUM	Inception
NNRG.NEO	Ninepoint Energy ETF	36.48%	1.38B	May 2021	ZWEN.TO vs NNRG.NEO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	32.04%	257.58M	Nov 2024	ZWEN.TO vs NRGY.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	31.93%	326.77M	Oct 2009	ZWEN.TO vs ZEO.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	31.63%	—	Jul 2014	ZWEN.TO vs PPLN.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	30.80%	267.19M	Oct 2023	ZWEN.TO vs ENCL.TO

Lowest Volatility Alternatives to ZWEN.TO

ZWEN.TO has 17.11% 1-year volatility. There are 3 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 14.53%.

Symbol	Name	Volatility 1Y	AUM	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	14.53%	708.27M	Apr 2011	ZWEN.TO vs ENCC.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	14.78%	—	Jul 2014	ZWEN.TO vs PPLN.TO
CIF.TO	iShares Global Infrastructure Index ETF	15.62%	1.57B	Aug 2008	ZWEN.TO vs CIF.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	17.35%	326.77M	Oct 2009	ZWEN.TO vs ZEO.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	17.47%	257.58M	Nov 2024	ZWEN.TO vs NRGY.TO

Lowest Drawdown Alternatives to ZWEN.TO

ZWEN.TO has a 1-year max drawdown of -9.50%. There are 3 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -8.48%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	-8.48%	708.27M	Apr 2011	ZWEN.TO vs ENCC.TO
CIF.TO	iShares Global Infrastructure Index ETF	-9.49%	1.57B	Aug 2008	ZWEN.TO vs CIF.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	-9.49%	257.58M	Nov 2024	ZWEN.TO vs NRGY.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	-9.54%	326.77M	Oct 2009	ZWEN.TO vs ZEO.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	-10.22%	—	Jul 2014	ZWEN.TO vs PPLN.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	ZWEN.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	11.86%	24.23B	Nov 2012	ZWEN.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	79	13.48%	846.16M	Jan 2022	ZWEN.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	97	30.69%	6.15B	Oct 2009	ZWEN.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	81	11.25%	16.91B	May 2009	ZWEN.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	41	14.60%	3.24B	Jan 2010	ZWEN.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	67	20.44%	2.39B	Feb 2019	ZWEN.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	45	6.82%	6.18B	Oct 2011	ZWEN.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.97B	Jan 2010	ZWEN.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	20.55%	1.83B	Oct 2011	ZWEN.TO vs ZDV.TO

Often Compared With ZWEN.TO

Investors most often compare ZWEN.TO with ZWU.TO, ZMT.TO, EMAX.TO. These 13 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZWU.TO	BMO Covered Call Utilities ETF	Utilities Equities, Derivative Income	75	12.39%	2.20B	Oct 2011	ZWEN.TO vs ZWU.TO
ZMT.TO	BMO S&P/TSX Equal Weight Global Base Metals (CAD H...	Materials, Equal Weight	65	24.75%	84.38M	Oct 2009	ZWEN.TO vs ZMT.TO
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	Energy Equities, Derivative Income	51	22.48%	467.50M	Feb 2024	ZWEN.TO vs EMAX.TO
XLE	State Street Energy Select Sector SPDR ETF	Energy Equities	42	23.49%	36.84B	Dec 1998	ZWEN.TO vs XLE
OILY.TO	Evolve Canadian Energy Enhanced Yield Index Fund E...	Energy Equities	62	26.92%	—	Mar 2025	ZWEN.TO vs OILY.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	47	10.78%	1.30B	Nov 2014	ZWEN.TO vs ZUQ.TO
SPY	State Street SPDR S&P 500 ETF	S&P 500	59	8.15%	765.27B	Jan 1993	ZWEN.TO vs SPY
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	Energy Equities, Derivative Income	39	19.97%	116.28M	Feb 2015	ZWEN.TO vs NXF.TO
ZWT.TO	BMO Covered Call Technology ETF	Technology Equities, Derivative Income	54	15.43%	—	Jan 2021	ZWEN.TO vs ZWT.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	93	12.66%	2.35B	Feb 2017	ZWEN.TO vs ZWC.TO
CLML.TO	CI Global Climate Leaders Fund		88	36.46%	—	—	ZWEN.TO vs CLML.TO
HTA.TO	Harvest Tech Achievers Growth & Income ETF	Technology Equities	52	20.47%	922.00M	Mar 2020	ZWEN.TO vs HTA.TO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income, Precious Metals	25	-7.81%	504.60M	Feb 2024	ZWEN.TO vs AMAX.TO

Compare ZWEN.TO with Any Fund or Stock

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

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Diversifiers

Pair ZWEN.TO with funds that move differently

BMO Covered Call Energy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZWEN.TO.

Explore ZWEN.TO Diversifiers

BMO Covered Call Energy ETF (ZWEN.TO) Alternatives