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%	208.62M	Dec 2016	ZWP.TO vs HXX.TO
VE.TO	Vanguard FTSE Developed Europe All Cap Index ETF	0.22%	649.53M	Jun 2014	ZWP.TO vs VE.TO
XEU.TO	iShares MSCI Europe IMI Index ETF	0.28%	675.51M	Apr 2014	ZWP.TO vs XEU.TO
XEH.TO	iShares MSCI Europe IMI Index ETF (CAD-Hedged)	0.28%	286.25M	Apr 2014	ZWP.TO vs XEH.TO
ZEQ.TO	BMO MSCI Europe High Quality Hedged to CAD Index E...	0.45%	320.22M	Feb 2014	ZWP.TO vs ZEQ.TO

Best Risk-Adjusted Alternatives to ZWP.TO

ZWP.TO has a PortfoliosLab risk / return rank of 40. There are 4 ETFs in the Europe Equities category with higher risk-adjusted ranks, going as high as 54.

Symbol	Name	Risk / Return Rank	AUM	Inception
XEH.TO	iShares MSCI Europe IMI Index ETF (CAD-Hedged)	54	286.25M	Apr 2014	ZWP.TO vs XEH.TO
XEU.TO	iShares MSCI Europe IMI Index ETF	49	675.51M	Apr 2014	ZWP.TO vs XEU.TO
VE.TO	Vanguard FTSE Developed Europe All Cap Index ETF	46	649.53M	Jun 2014	ZWP.TO vs VE.TO
EHE.TO	CI Europe Hedged Equity Index ETF	40	2.96M	Aug 2017	ZWP.TO vs EHE.TO
HXX.TO	Global X Europe 50 Index Corporate Class ETF	36	208.62M	Dec 2016	ZWP.TO vs HXX.TO

Top Performing ZWP.TO Alternatives (YTD)

ZWP.TO is at 6.44% YTD. There are 6 ETFs in the Europe Equities category with higher YTD returns, going as high as 11.70%.

Symbol	Name	YTD Return	AUM	Inception
HXX.TO	Global X Europe 50 Index Corporate Class ETF	11.70%	208.62M	Dec 2016	ZWP.TO vs HXX.TO
XEU.TO	iShares MSCI Europe IMI Index ETF	11.48%	675.51M	Apr 2014	ZWP.TO vs XEU.TO
VE.TO	Vanguard FTSE Developed Europe All Cap Index ETF	11.23%	649.53M	Jun 2014	ZWP.TO vs VE.TO
XEH.TO	iShares MSCI Europe IMI Index ETF (CAD-Hedged)	10.58%	286.25M	Apr 2014	ZWP.TO vs XEH.TO
EHE.TO	CI Europe Hedged Equity Index ETF	7.41%	2.96M	Aug 2017	ZWP.TO vs EHE.TO

Lowest Volatility Alternatives to ZWP.TO

ZWP.TO has 12.98% 1-year volatility. No ETFs in the Europe Equities category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 12.98%.

Symbol	Name	Volatility 1Y	AUM	Inception
XEH.TO	iShares MSCI Europe IMI Index ETF (CAD-Hedged)	12.98%	286.25M	Apr 2014	ZWP.TO vs XEH.TO
ZEQ.TO	BMO MSCI Europe High Quality Hedged to CAD Index E...	13.28%	320.22M	Feb 2014	ZWP.TO vs ZEQ.TO
XEU.TO	iShares MSCI Europe IMI Index ETF	14.55%	675.51M	Apr 2014	ZWP.TO vs XEU.TO
VE.TO	Vanguard FTSE Developed Europe All Cap Index ETF	15.25%	649.53M	Jun 2014	ZWP.TO vs VE.TO
EHE.TO	CI Europe Hedged Equity Index ETF	16.28%	2.96M	Aug 2017	ZWP.TO vs EHE.TO

Lowest Drawdown Alternatives to ZWP.TO

ZWP.TO has a 1-year max drawdown of -10.68%. There is 1 ETF in the Europe Equities category with a shallower 1-year drawdown, going as shallow as -10.38%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XEH.TO	iShares MSCI Europe IMI Index ETF (CAD-Hedged)	-10.38%	286.25M	Apr 2014	ZWP.TO vs XEH.TO
ZEQ.TO	BMO MSCI Europe High Quality Hedged to CAD Index E...	-10.97%	320.22M	Feb 2014	ZWP.TO vs ZEQ.TO
EHE.TO	CI Europe Hedged Equity Index ETF	-11.85%	2.96M	Aug 2017	ZWP.TO vs EHE.TO
XEU.TO	iShares MSCI Europe IMI Index ETF	-11.94%	675.51M	Apr 2014	ZWP.TO vs XEU.TO
VE.TO	Vanguard FTSE Developed Europe All Cap Index ETF	-12.68%	649.53M	Jun 2014	ZWP.TO vs VE.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	1.17%	5.76B	Nov 2021	ZWP.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	79	13.62%	23.98B	Nov 2012	ZWP.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	83	14.64%	852.71M	Jan 2022	ZWP.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	32.05%	6.36B	Oct 2009	ZWP.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	86	11.09%	17.03B	May 2009	ZWP.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	43	18.49%	3.09B	Jan 2010	ZWP.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	76	23.99%	2.30B	Feb 2019	ZWP.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	48	7.13%	6.32B	Oct 2011	ZWP.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	22	2.13%	13.01B	Jan 2010	ZWP.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	19.50%	1.83B	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	79	13.71%	1.90B	Aug 2018	ZWP.TO vs VIDY.TO
ZDI.TO	BMO International Dividend ETF	International Equity	51	13.30%	869.67M	Nov 2014	ZWP.TO vs ZDI.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	Derivative Income, Short-Term Bond	53	0.89%	227.40M	Sep 2024	ZWP.TO vs HBIL.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	24.67%	7.99B	Nov 2012	ZWP.TO vs VDY.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	Derivative Income, Utilities Equities	49	10.16%	101.38M	Oct 2022	ZWP.TO vs HUTE.TO
ZWU.TO	BMO Covered Call Utilities ETF	Utilities Equities, Derivative Income	67	10.14%	2.25B	Oct 2011	ZWP.TO vs ZWU.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	Derivative Income	13	0.57%	377.33M	May 2024	ZWP.TO vs HPYT.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	Derivative Income	97	22.59%	402.94M	May 2011	ZWP.TO vs BKCC.TO
CRCY.TO	Harvest Circle Enhanced High Income Shares ETF Cla...	Derivative Income	—	-34.73%	—	Sep 2025	ZWP.TO vs CRCY.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	Derivative Income, Utilities Equities	69	8.12%	1.40B	Jun 2023	ZWP.TO vs UMAX.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	56	14.21%	1.30B	Nov 2014	ZWP.TO vs ZUQ.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	Derivative Income	98	15.78%	—	Jun 2022	ZWP.TO vs HLIF.TO
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	Energy Equities, Derivative Income	59	20.41%	477.70M	Feb 2024	ZWP.TO vs EMAX.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	Derivative Income, Energy Equities	78	21.14%	716.75M	Apr 2011	ZWP.TO vs ENCC.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	Derivative Income	97	29.36%	1.20B	Feb 2022	ZWP.TO vs BANK.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	94	11.66%	2.37B	Feb 2017	ZWP.TO vs ZWC.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	Financials Equities, Derivative Income	97	28.25%	200.19M	Jul 2023	ZWP.TO vs BKCL.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	84	14.39%	246.61M	Jul 2023	ZWP.TO vs USCL.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	Energy Equities, Derivative Income	77	26.56%	271.96M	Oct 2023	ZWP.TO vs ENCL.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	Energy Equities, Canada Equities	64	25.59%	2.32B	Mar 2001	ZWP.TO vs XEG.TO

Compare ZWP.TO with Any Fund or Stock

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

Symbol name

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.

Explore ZWP.TO Diversifiers

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