BMO Covered Call US Banks ETF (ZWK.TO) Alternatives

BMO Covered Call US Banks ETF (ZWK.TO) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZWK.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 ZWK.TO

ZWK.TO charges 0.65% annually. Among ETFs in the Financials Equities category, these options have the lowest expense ratios among ZWK.TO alternatives.

Symbol	Name	Expense Ratio	Inception
HBNK.TO	Global X Equal Weight Banks Index ETF	0.09%	Jul 5, 2023	ZWK.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	0.19%	Apr 3, 2023	ZWK.TO vs HEB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	0.25%	Sep 16, 2013	ZWK.TO vs HXF.TO
XUSF.TO	iShares S&P U.S. Financials Index ETF	0.25%	Sep 6, 2023	ZWK.TO vs XUSF.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	0.25%	Oct 19, 2009	ZWK.TO vs ZEB.TO

Best Risk-Adjusted Alternatives to ZWK.TO

Among ETFs in the Financials 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
ZEB.TO	BMO Equal Weight Banks Index ETF	98	Oct 19, 2009	ZWK.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	98	Jul 5, 2023	ZWK.TO vs HBNK.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	98	Jul 5, 2023	ZWK.TO vs BNKL.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	98	Apr 3, 2023	ZWK.TO vs HEB.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	98	Oct 19, 2017	ZWK.TO vs RBNK.TO

Top Performing ZWK.TO Alternatives (YTD)

ZWK.TO alternatives from the Financials Equities category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
RBNK.TO	RBC Canadian Bank Yield Index ETF	1.94%	Oct 19, 2017	ZWK.TO vs RBNK.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	1.92%	Oct 19, 2009	ZWK.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	1.67%	Jul 5, 2023	ZWK.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	1.58%	Apr 3, 2023	ZWK.TO vs HEB.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	1.51%	Aug 18, 2010	ZWK.TO vs CIC.TO

Lowest Volatility Alternatives to ZWK.TO

ZWK.TO alternatives from the Financials Equities category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
ZWB.TO	BMO Covered Call Canadian Banks ETF	12.37%	Jan 9, 2024	ZWK.TO vs ZWB.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	12.48%	Aug 18, 2010	ZWK.TO vs CIC.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	13.34%	Oct 19, 2009	ZWK.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	13.46%	Jul 5, 2023	ZWK.TO vs HBNK.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	13.49%	Feb 6, 2008	ZWK.TO vs CEW.TO

Lowest Drawdown Alternatives to ZWK.TO

ZWK.TO alternatives from the Financials Equities category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
ZWB.TO	BMO Covered Call Canadian Banks ETF	-8.10%	Jan 9, 2024	ZWK.TO vs ZWB.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	-8.23%	Aug 18, 2010	ZWK.TO vs CIC.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	-8.44%	Oct 19, 2009	ZWK.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	-8.48%	Jul 5, 2023	ZWK.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	-8.86%	Apr 3, 2023	ZWK.TO vs HEB.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	ZWK.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	47	-3.17%	Nov 14, 2012	ZWK.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	0.41%	Jan 24, 2022	ZWK.TO vs ZEQT.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	94	3.87%	May 29, 2009	ZWK.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Large Cap Growth Equities	62	-6.55%	Jan 19, 2010	ZWK.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Large Cap Blend Equities	54	-4.69%	Feb 11, 2019	ZWK.TO vs ZNQ.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	16	0.04%	Jan 19, 2010	ZWK.TO vs ZAG.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	82	1.42%	Oct 21, 2011	ZWK.TO vs ZLB.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	26	-2.48%	Nov 4, 2014	ZWK.TO vs ZUQ.TO
ZEA.TO	BMO MSCI EAFE Index ETF	Global Equities	65	2.60%	Feb 10, 2014	ZWK.TO vs ZEA.TO

Often Compared With ZWK.TO

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ZDI.TO	BMO International Dividend ETF	International Equity	68	6.64%	Nov 5, 2014	ZWK.TO vs ZDI.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	97	9.07%	Nov 2, 2012	ZWK.TO vs VDY.TO
HBA.TO	Hamilton Australian Bank Equal-Weight Index ETF	Financials Equities	54	0.36%	Jun 26, 2020	ZWK.TO vs HBA.TO

Compare ZWK.TO with Any Fund or Stock

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

Symbol name

BMO Covered Call US Banks ETF

Symbol name