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%	200.49M	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%	669.76M	Apr 2014	ZWP.TO vs XEU.TO
XEH.TO	iShares MSCI Europe IMI Index ETF (CAD-Hedged)	0.28%	287.17M	Apr 2014	ZWP.TO vs XEH.TO
ZEQ.TO	BMO MSCI Europe High Quality Hedged to CAD Index E...	0.45%	315.12M	Feb 2014	ZWP.TO vs ZEQ.TO

Best Risk-Adjusted Alternatives to ZWP.TO

ZWP.TO has a PortfoliosLab risk / return rank of 32. There are 3 ETFs in the Europe Equities category with higher risk-adjusted ranks, going as high as 35.

Symbol	Name	Risk / Return Rank	AUM	Inception
XEU.TO	iShares MSCI Europe IMI Index ETF	35	669.76M	Apr 2014	ZWP.TO vs XEU.TO
VE.TO	Vanguard FTSE Developed Europe All Cap Index ETF	34	649.53M	Jun 2014	ZWP.TO vs VE.TO
XEH.TO	iShares MSCI Europe IMI Index ETF (CAD-Hedged)	34	287.17M	Apr 2014	ZWP.TO vs XEH.TO
HXX.TO	Global X Europe 50 Index Corporate Class ETF	27	200.49M	Dec 2016	ZWP.TO vs HXX.TO
ZEQ.TO	BMO MSCI Europe High Quality Hedged to CAD Index E...	13	315.12M	Feb 2014	ZWP.TO vs ZEQ.TO

Top Performing ZWP.TO Alternatives (YTD)

ZWP.TO is at 4.01% YTD. There are 4 ETFs in the Europe Equities category with higher YTD returns, going as high as 6.82%.

Symbol	Name	YTD Return	AUM	Inception
XEU.TO	iShares MSCI Europe IMI Index ETF	6.82%	669.76M	Apr 2014	ZWP.TO vs XEU.TO
VE.TO	Vanguard FTSE Developed Europe All Cap Index ETF	6.65%	649.53M	Jun 2014	ZWP.TO vs VE.TO
XEH.TO	iShares MSCI Europe IMI Index ETF (CAD-Hedged)	6.64%	287.17M	Apr 2014	ZWP.TO vs XEH.TO
HXX.TO	Global X Europe 50 Index Corporate Class ETF	6.06%	200.49M	Dec 2016	ZWP.TO vs HXX.TO
ZEQ.TO	BMO MSCI Europe High Quality Hedged to CAD Index E...	1.89%	315.12M	Feb 2014	ZWP.TO vs ZEQ.TO

Lowest Volatility Alternatives to ZWP.TO

ZWP.TO has 12.56% 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 12.62%.

Symbol	Name	Volatility 1Y	AUM	Inception
XEH.TO	iShares MSCI Europe IMI Index ETF (CAD-Hedged)	12.62%	287.17M	Apr 2014	ZWP.TO vs XEH.TO
ZEQ.TO	BMO MSCI Europe High Quality Hedged to CAD Index E...	13.15%	315.12M	Feb 2014	ZWP.TO vs ZEQ.TO
XEU.TO	iShares MSCI Europe IMI Index ETF	14.22%	669.76M	Apr 2014	ZWP.TO vs XEU.TO
VE.TO	Vanguard FTSE Developed Europe All Cap Index ETF	14.90%	649.53M	Jun 2014	ZWP.TO vs VE.TO
HXX.TO	Global X Europe 50 Index Corporate Class ETF	21.22%	200.49M	Dec 2016	ZWP.TO vs HXX.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%	287.17M	Apr 2014	ZWP.TO vs XEH.TO
ZEQ.TO	BMO MSCI Europe High Quality Hedged to CAD Index E...	-10.97%	315.12M	Feb 2014	ZWP.TO vs ZEQ.TO
XEU.TO	iShares MSCI Europe IMI Index ETF	-11.94%	669.76M	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
HXX.TO	Global X Europe 50 Index Corporate Class ETF	-13.34%	200.49M	Dec 2016	ZWP.TO vs HXX.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 7 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	100	0.95%	5.70B	Nov 2021	ZWP.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	Nov 2012	ZWP.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	13.04%	789.04M	Jan 2022	ZWP.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	19.22%	5.16B	Oct 2009	ZWP.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.70%	16.67B	May 2009	ZWP.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	67	19.82%	3.25B	Jan 2010	ZWP.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	74	22.76%	2.28B	Feb 2019	ZWP.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	ZWP.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.80B	Jan 2010	ZWP.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	Oct 2011	ZWP.TO vs ZDV.TO

Often Compared With ZWP.TO

Investors most often compare ZWP.TO with ZDI.TO, VIDY.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
ZDI.TO	BMO International Dividend ETF	International Equity	46	10.68%	847.71M	Nov 2014	ZWP.TO vs ZDI.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	Foreign Large Cap Equities, Dividend	59	10.45%	1.90B	Aug 2018	ZWP.TO vs VIDY.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	Derivative Income, Short-Term Bond	56	0.59%	235.30M	Sep 2024	ZWP.TO vs HBIL.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	20.59%	7.99B	Nov 2012	ZWP.TO vs VDY.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	Derivative Income, Utilities Equities	58	12.31%	97.17M	Oct 2022	ZWP.TO vs HUTE.TO
ZWU.TO	BMO Covered Call Utilities ETF	Utilities Equities, Derivative Income	58	10.15%	2.17B	Oct 2011	ZWP.TO vs ZWU.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	Derivative Income	18	-0.30%	385.04M	May 2024	ZWP.TO vs HPYT.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	Derivative Income	94	14.24%	370.01M	May 2011	ZWP.TO vs BKCC.TO
CRCY.TO	Harvest Circle Enhanced High Income Shares ETF Cla...	Derivative Income	—	3.77%	—	Sep 2025	ZWP.TO vs CRCY.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	Derivative Income, Utilities Equities	58	8.78%	1.34B	Jun 2023	ZWP.TO vs UMAX.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	41	9.39%	1.24B	Nov 2014	ZWP.TO vs ZUQ.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	Derivative Income	98	15.41%	—	Jun 2022	ZWP.TO vs HLIF.TO
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	Energy Equities, Derivative Income	70	30.76%	476.70M	Feb 2024	ZWP.TO vs EMAX.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	Derivative Income	96	17.36%	1.08B	Feb 2022	ZWP.TO vs BANK.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	Derivative Income, Energy Equities	85	29.01%	759.08M	Apr 2011	ZWP.TO vs ENCC.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	Financials Equities, Derivative Income	95	17.43%	187.53M	Jul 2023	ZWP.TO vs BKCL.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	92	11.12%	2.30B	Feb 2017	ZWP.TO vs ZWC.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	75	11.57%	249.48M	Jul 2023	ZWP.TO vs USCL.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	Oil & Gas, Derivative Income	85	36.58%	286.32M	Oct 2023	ZWP.TO vs ENCL.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	Energy Equities	86	44.34%	2.28B	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.

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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