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 13 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%	144.00M	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
XCLN.TO	iShares Global Clean Energy Index ETF	0.35%	—	Apr 2022	ZWEN.TO vs XCLN.TO
ZCLN.TO	BMO Clean Energy Index ETF	0.39%	—	Jan 2021	ZWEN.TO vs ZCLN.TO
HCLN.TO	Harvest Clean Energy ETF	0.40%	19.79M	Jan 2021	ZWEN.TO vs HCLN.TO

Best Risk-Adjusted Alternatives to ZWEN.TO

ZWEN.TO has a PortfoliosLab risk / return rank of 88. There are 5 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 93.

Symbol	Name	Risk / Return Rank	AUM	Inception
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	93	294.44M	Nov 2024	ZWEN.TO vs NRGY.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	92	465.06M	Oct 2009	ZWEN.TO vs ZEO.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	90	—	Jul 2014	ZWEN.TO vs PPLN.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	89	784.46M	Apr 2011	ZWEN.TO vs ENCC.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	89	295.63M	Oct 2023	ZWEN.TO vs ENCL.TO

Top Performing ZWEN.TO Alternatives (YTD)

ZWEN.TO is at 35.71% YTD. There are 8 ETFs in the Energy Equities category with higher YTD returns, going as high as 46.03%.

Symbol	Name	YTD Return	AUM	Inception
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	46.03%	144.00M	Sep 2013	ZWEN.TO vs HXE.TO
NNRG.NEO	Ninepoint Energy ETF	44.55%	1.38B	May 2021	ZWEN.TO vs NNRG.NEO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	42.08%	2.32B	Mar 2001	ZWEN.TO vs XEG.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	40.65%	294.44M	Nov 2024	ZWEN.TO vs NRGY.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	40.57%	465.06M	Oct 2009	ZWEN.TO vs ZEO.TO

Lowest Volatility Alternatives to ZWEN.TO

ZWEN.TO has 17.20% 1-year volatility. There are 3 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 15.51%.

Symbol	Name	Volatility 1Y	AUM	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	15.51%	784.46M	Apr 2011	ZWEN.TO vs ENCC.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	15.60%	—	Jul 2014	ZWEN.TO vs PPLN.TO
CIF.TO	iShares Global Infrastructure Index ETF	16.03%	1.59B	Aug 2008	ZWEN.TO vs CIF.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	18.18%	465.06M	Oct 2009	ZWEN.TO vs ZEO.TO
ENBE.TO	Harvest Enbridge Enhanced High Income Shares ETF	18.34%	—	Aug 2025	ZWEN.TO vs ENBE.TO

Lowest Drawdown Alternatives to ZWEN.TO

ZWEN.TO has a 1-year max drawdown of -9.50%. There are 2 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%	784.46M	Apr 2011	ZWEN.TO vs ENCC.TO
CIF.TO	iShares Global Infrastructure Index ETF	-9.49%	1.59B	Aug 2008	ZWEN.TO vs CIF.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	-9.88%	465.06M	Oct 2009	ZWEN.TO vs ZEO.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	-10.16%	294.44M	Nov 2024	ZWEN.TO vs NRGY.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 9 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	1.38%	5.83B	Nov 2021	ZWEN.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	83	16.41%	24.00B	Nov 2012	ZWEN.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	86	16.71%	924.58M	Jan 2022	ZWEN.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	32.74%	7.10B	Oct 2009	ZWEN.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	91	14.28%	17.51B	May 2009	ZWEN.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	41	16.30%	2.90B	Jan 2010	ZWEN.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	64	20.89%	2.26B	Feb 2019	ZWEN.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities, Low Volatility	55	8.36%	6.27B	Oct 2011	ZWEN.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	27	1.31%	13.09B	Jan 2010	ZWEN.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	98	23.19%	1.91B	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 15 comparison targets span 17 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	53	9.75%	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	60	13.98%	76.94M	Oct 2009	ZWEN.TO vs ZMT.TO
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	Energy Equities, Derivative Income	78	32.75%	538.30M	Feb 2024	ZWEN.TO vs EMAX.TO
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	Materials, Metals	73	22.08%	575.81M	Apr 2011	ZWEN.TO vs XBM.TO
XLE	State Street Energy Select Sector SPDR ETF	Energy Equities	69	32.69%	38.64B	Dec 1998	ZWEN.TO vs XLE
OILY.TO	Evolve Canadian Energy Enhanced Yield Index Fund E...	Energy Equities	82	36.54%	—	Mar 2025	ZWEN.TO vs OILY.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Quality Factor, Large Cap Blend Equities	60	15.81%	1.29B	Nov 2014	ZWEN.TO vs ZUQ.TO
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	Energy Equities, Derivative Income, Options Trading, Actively Managed	66	34.00%	140.96M	Feb 2015	ZWEN.TO vs NXF.TO
SPY	State Street SPDR S&P 500 ETF	S&P 500	72	13.71%	789.06B	Jan 1993	ZWEN.TO vs SPY
ZWT.TO	BMO Covered Call Technology ETF	Technology Equities, Derivative Income	40	12.17%	—	Jan 2021	ZWEN.TO vs ZWT.TO
CLML.TO	CI Global Climate Leaders Fund	Alternative Energy Equities, Sustainable, Global Equities, Actively Managed, Energy Equities	53	24.04%	—	Jul 2021	ZWEN.TO vs CLML.TO
HTA.TO	Harvest Tech Achievers Growth & Income ETF	Technology Equities	46	19.31%	916.32M	Mar 2020	ZWEN.TO vs HTA.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	96	14.83%	2.45B	Feb 2017	ZWEN.TO vs ZWC.TO
HPF.TO	Harvest Energy Leaders Income ETF – Class A Units	Energy Equities, Derivative Income	84	37.52%	69.39M	Oct 2014	ZWEN.TO vs HPF.TO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income, Precious Metals	29	-9.75%	481.30M	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