ZWP.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to ZWP.TO

ZWP.TO charges 0.65% annually. There are 5 ETFs in the Europe Equities category with lower expense ratios, going as low as 0.19%.

Symbol	Name	Expense Ratio	AUM	Inception
HXX.TO	Global X Europe 50 Index Corporate Class ETF	0.19%	208.27M	Dec 2016	ZWP.TO vs HXX.TO
VE.TO	Vanguard FTSE Developed Europe All Cap Index ETF	0.22%	670.66M	Jun 2014	ZWP.TO vs VE.TO
XEU.TO	iShares MSCI Europe IMI Index ETF	0.28%	678.24M	Apr 2014	ZWP.TO vs XEU.TO
XEH.TO	iShares MSCI Europe IMI Index ETF (CAD-Hedged)	0.28%	292.46M	Apr 2014	ZWP.TO vs XEH.TO
ZEQ.TO	BMO MSCI Europe High Quality Hedged to CAD Index E...	0.45%	315.03M	Feb 2014	ZWP.TO vs ZEQ.TO

Best Risk-Adjusted Alternatives to ZWP.TO

ZWP.TO has a PortfoliosLab risk / return rank of 41. There are 6 ETFs in the Europe Equities category with higher risk-adjusted ranks, going as high as 93.

Symbol	Name	Risk / Return Rank	AUM	Inception
RPDH.TO	RBC Quant European Dividend Leaders CAD Hedged ETF	93	25.08M	Oct 2014	ZWP.TO vs RPDH.TO
RPD.TO	RBC Quant European Dividend Leaders ETF	88	136.49M	Oct 2014	ZWP.TO vs RPD.TO
XEH.TO	iShares MSCI Europe IMI Index ETF (CAD-Hedged)	54	292.46M	Apr 2014	ZWP.TO vs XEH.TO
XEU.TO	iShares MSCI Europe IMI Index ETF	49	678.24M	Apr 2014	ZWP.TO vs XEU.TO
VE.TO	Vanguard FTSE Developed Europe All Cap Index ETF	49	670.66M	Jun 2014	ZWP.TO vs VE.TO

Top Performing ZWP.TO Alternatives (YTD)

ZWP.TO is at 4.91% YTD. There are 8 ETFs in the Europe Equities category with higher YTD returns, going as high as 15.64%.

Symbol	Name	YTD Return	AUM	Inception
RPDH.TO	RBC Quant European Dividend Leaders CAD Hedged ETF	15.64%	25.08M	Oct 2014	ZWP.TO vs RPDH.TO
RPD.TO	RBC Quant European Dividend Leaders ETF	15.51%	136.49M	Oct 2014	ZWP.TO vs RPD.TO
VE.TO	Vanguard FTSE Developed Europe All Cap Index ETF	9.29%	670.66M	Jun 2014	ZWP.TO vs VE.TO
XEU.TO	iShares MSCI Europe IMI Index ETF	9.18%	678.24M	Apr 2014	ZWP.TO vs XEU.TO
XEH.TO	iShares MSCI Europe IMI Index ETF (CAD-Hedged)	9.11%	292.46M	Apr 2014	ZWP.TO vs XEH.TO

Lowest Volatility Alternatives to ZWP.TO

ZWP.TO has 13.17% 1-year volatility. There are 2 ETFs in the Europe Equities category with lower 1-year volatility, going as low as 11.43%.

Symbol	Name	Volatility 1Y	AUM	Inception
RPDH.TO	RBC Quant European Dividend Leaders CAD Hedged ETF	11.43%	25.08M	Oct 2014	ZWP.TO vs RPDH.TO
XEH.TO	iShares MSCI Europe IMI Index ETF (CAD-Hedged)	13.01%	292.46M	Apr 2014	ZWP.TO vs XEH.TO
ZEQ.TO	BMO MSCI Europe High Quality Hedged to CAD Index E...	13.33%	315.03M	Feb 2014	ZWP.TO vs ZEQ.TO
RPD.TO	RBC Quant European Dividend Leaders ETF	14.00%	136.49M	Oct 2014	ZWP.TO vs RPD.TO
XEU.TO	iShares MSCI Europe IMI Index ETF	14.73%	678.24M	Apr 2014	ZWP.TO vs XEU.TO

Lowest Drawdown Alternatives to ZWP.TO

ZWP.TO has a 1-year max drawdown of -10.68%. There are 3 ETFs in the Europe Equities category with shallower 1-year drawdowns, going as shallow as -7.81%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
RPDH.TO	RBC Quant European Dividend Leaders CAD Hedged ETF	-7.81%	25.08M	Oct 2014	ZWP.TO vs RPDH.TO
RPD.TO	RBC Quant European Dividend Leaders ETF	-9.48%	136.49M	Oct 2014	ZWP.TO vs RPD.TO
XEH.TO	iShares MSCI Europe IMI Index ETF (CAD-Hedged)	-10.38%	292.46M	Apr 2014	ZWP.TO vs XEH.TO
ZEQ.TO	BMO MSCI Europe High Quality Hedged to CAD Index E...	-10.97%	315.03M	Feb 2014	ZWP.TO vs ZEQ.TO
EHE.TO	CI Europe Hedged Equity Index ETF	-11.85%	2.95M	Aug 2017	ZWP.TO vs EHE.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	1.27%	5.76B	Nov 2021	ZWP.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	74	11.94%	23.77B	Nov 2012	ZWP.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	80	12.72%	890.17M	Jan 2022	ZWP.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	32.74%	7.49B	Oct 2009	ZWP.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	88	11.54%	17.36B	May 2009	ZWP.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	32	11.89%	2.97B	Jan 2010	ZWP.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	57	16.18%	2.24B	Feb 2019	ZWP.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	57	8.10%	6.32B	Oct 2011	ZWP.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	33	1.10%	13.16B	Jan 2010	ZWP.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	98	21.54%	1.90B	Oct 2011	ZWP.TO vs ZDV.TO

Often Compared With ZWP.TO

Investors most often compare ZWP.TO with VIDY.TO, ZDI.TO, HBIL.TO. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	Foreign Large Cap Equities, Dividend	88	15.54%	2.00B	Aug 2018	ZWP.TO vs VIDY.TO
ZDI.TO	BMO International Dividend ETF	International Equity	59	12.91%	880.47M	Nov 2014	ZWP.TO vs ZDI.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	Derivative Income, Short-Term Bond	56	0.48%	225.10M	Sep 2024	ZWP.TO vs HBIL.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	99	27.81%	8.59B	Nov 2012	ZWP.TO vs VDY.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	Derivative Income, Utilities Equities	61	13.42%	106.95M	Oct 2022	ZWP.TO vs HUTE.TO
ZWU.TO	BMO Covered Call Utilities ETF	Utilities Equities, Derivative Income	75	11.54%	2.24B	Oct 2011	ZWP.TO vs ZWU.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	Derivative Income	15	-1.72%	358.35M	May 2024	ZWP.TO vs HPYT.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	Derivative Income	97	23.28%	407.42M	May 2011	ZWP.TO vs BKCC.TO
CRCY.TO	Harvest Circle Enhanced High Income Shares ETF Cla...	Derivative Income	—	-29.17%	—	Sep 2025	ZWP.TO vs CRCY.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	Derivative Income, Utilities Equities	85	10.88%	1.45B	Jun 2023	ZWP.TO vs UMAX.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	50	11.52%	1.29B	Nov 2014	ZWP.TO vs ZUQ.TO
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	Energy Equities, Derivative Income	76	29.00%	508.40M	Feb 2024	ZWP.TO vs EMAX.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	Derivative Income	98	19.88%	186.23M	Jun 2022	ZWP.TO vs HLIF.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	96	13.97%	2.45B	Feb 2017	ZWP.TO vs ZWC.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	Derivative Income, Energy Equities	91	29.17%	754.66M	Apr 2011	ZWP.TO vs ENCC.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	Derivative Income	98	31.36%	1.31B	Feb 2022	ZWP.TO vs BANK.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	91	12.53%	23.86B	Sep 1999	ZWP.TO vs XIU.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	Energy Equities, Canada Equities	85	38.19%	2.42B	Mar 2001	ZWP.TO vs XEG.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	Financials Equities, Derivative Income	97	29.13%	201.68M	Jul 2023	ZWP.TO vs BKCL.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	80	12.45%	248.15M	Jul 2023	ZWP.TO vs USCL.TO

Compare ZWP.TO with Any Fund or Stock

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

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Diversifiers

Pair ZWP.TO with funds that move differently

BMO Covered Call Europe High Dividend ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZWP.TO.

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BMO Covered Call Europe High Dividend ETF (ZWP.TO) Alternatives