BMO Covered Call Energy ETF (ZWEN.TO) Alternatives

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 funds that fit a different role in your portfolio.

Cheapest Alternatives to ZWEN.TO

ZWEN.TO charges 0.88% annually. Among ETFs in the Energy Equities category, these options have the lowest expense ratios among ZWEN.TO alternatives.

Symbol	Name	Expense Ratio	Inception
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	0.27%	Sep 16, 2013	ZWEN.TO vs HXE.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	0.60%	Oct 20, 2009	ZWEN.TO vs ZEO.TO
OILY.TO	Evolve Canadian Energy Enhanced Yield Index Fund E...	0.60%	Mar 26, 2025	ZWEN.TO vs OILY.TO
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	0.60%	Apr 12, 2011	ZWEN.TO vs XBM.TO
ZMT.TO	BMO S&P/TSX Equal Weight Global Base Metals (CAD H...	0.61%	Oct 20, 2009	ZWEN.TO vs ZMT.TO

Best Risk-Adjusted Alternatives to ZWEN.TO

Among ETFs in the Energy Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	92	Mar 19, 2001	ZWEN.TO vs XEG.TO
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	91	Sep 16, 2013	ZWEN.TO vs HXE.TO
ZMT.TO	BMO S&P/TSX Equal Weight Global Base Metals (CAD H...	91	Oct 20, 2009	ZWEN.TO vs ZMT.TO
CIF.TO	iShares Global Infrastructure Index ETF	91	Aug 27, 2008	ZWEN.TO vs CIF.TO
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	90	Apr 12, 2011	ZWEN.TO vs XBM.TO

Top Performing ZWEN.TO Alternatives (YTD)

ZWEN.TO alternatives from the Energy Equities category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	41.93%	Mar 19, 2001	ZWEN.TO vs XEG.TO
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	41.53%	Sep 16, 2013	ZWEN.TO vs HXE.TO
NNRG.NEO	Ninepoint Energy ETF	37.70%	May 11, 2021	ZWEN.TO vs NNRG.NEO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	31.54%	Oct 20, 2009	ZWEN.TO vs ZEO.TO
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	31.32%	Feb 6, 2024	ZWEN.TO vs EMAX.TO

Lowest Volatility Alternatives to ZWEN.TO

ZWEN.TO alternatives from the Energy Equities category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	17.36%	Apr 11, 2011	ZWEN.TO vs ENCC.TO
CIF.TO	iShares Global Infrastructure Index ETF	17.49%	Aug 27, 2008	ZWEN.TO vs CIF.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	19.50%	Oct 20, 2009	ZWEN.TO vs ZEO.TO
OILY.TO	Evolve Canadian Energy Enhanced Yield Index Fund E...	24.63%	Mar 26, 2025	ZWEN.TO vs OILY.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	25.99%	Mar 19, 2001	ZWEN.TO vs XEG.TO

Lowest Drawdown Alternatives to ZWEN.TO

ZWEN.TO alternatives from the Energy Equities category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
CIF.TO	iShares Global Infrastructure Index ETF	-11.10%	Aug 27, 2008	ZWEN.TO vs CIF.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	-16.61%	Apr 11, 2011	ZWEN.TO vs ENCC.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	-17.62%	Oct 20, 2009	ZWEN.TO vs ZEO.TO
NNRG.NEO	Ninepoint Energy ETF	-20.22%	May 11, 2021	ZWEN.TO vs NNRG.NEO
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	-20.40%	Sep 16, 2013	ZWEN.TO vs HXE.TO

Other ETFs from BMO

Most popular BMO ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	100	0.57%	Nov 28, 2021	ZWEN.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	47	-3.17%	Nov 14, 2012	ZWEN.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	0.41%	Jan 24, 2022	ZWEN.TO vs ZEQT.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	94	3.87%	May 29, 2009	ZWEN.TO vs ZCN.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	98	1.92%	Oct 19, 2009	ZWEN.TO vs ZEB.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Large Cap Growth Equities	62	-6.55%	Jan 19, 2010	ZWEN.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Large Cap Blend Equities	54	-4.69%	Feb 11, 2019	ZWEN.TO vs ZNQ.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	16	0.04%	Jan 19, 2010	ZWEN.TO vs ZAG.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	82	1.42%	Oct 21, 2011	ZWEN.TO vs ZLB.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	26	-2.48%	Nov 4, 2014	ZWEN.TO vs ZUQ.TO

Often Compared With ZWEN.TO

What investors most often compare with ZWEN.TO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
XLE	State Street Energy Select Sector SPDR ETF	Energy Equities	73	37.91%	Dec 16, 1998	ZWEN.TO vs XLE
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	ZWEN.TO vs SPY
ZWU.TO	BMO Covered Call Utilities ETF	Utilities Equities, Derivative Income	88	11.68%	Oct 20, 2011	ZWEN.TO vs ZWU.TO

Compare ZWEN.TO with Any Fund or Stock

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

Symbol name

BMO Covered Call Energy ETF

Symbol name