ZWQT.TO Alternatives & Similar ETFs

BMO Global Enhanced Income Fund Series ETF (ZWQT.TO) belongs to the Global Allocation category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZWQT.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZWQT.TO

ZWQT.TO charges 0.87% annually. There are 5 ETFs in the Global Allocation category with lower expense ratios, going as low as 0.15%.

Symbol	Name	Expense Ratio	AUM	Inception
TBAL.TO	TD Balanced ETF Portfolio	0.15%	—	Aug 2020	ZWQT.TO vs TBAL.TO
ZGRO.TO	BMO Growth ETF	0.18%	767.07M	Feb 2019	ZWQT.TO vs ZGRO.TO
ZBAL.TO	BMO Balanced ETF	0.18%	621.59M	Jan 2022	ZWQT.TO vs ZBAL.TO
HCON.TO	Global X Conservative Asset Allocation ETF	0.22%	37.39M	Aug 2018	ZWQT.TO vs HCON.TO
FCGI.TO	Fidelity Global Monthly High Income ETF	0.55%	40.70M	Jan 2020	ZWQT.TO vs FCGI.TO

Best Risk-Adjusted Alternatives to ZWQT.TO

ZWQT.TO has a PortfoliosLab risk / return rank of 94. No ETFs in the Global Allocation category have higher risk-adjusted ranks; the top alternatives shown here go as high as 93.

Symbol	Name	Risk / Return Rank	AUM	Inception
FCGI.TO	Fidelity Global Monthly High Income ETF	93	40.70M	Jan 2020	ZWQT.TO vs FCGI.TO
ZGRO.TO	BMO Growth ETF	78	767.07M	Feb 2019	ZWQT.TO vs ZGRO.TO
TBAL.TO	TD Balanced ETF Portfolio	75	—	Aug 2020	ZWQT.TO vs TBAL.TO
HCON.TO	Global X Conservative Asset Allocation ETF	70	37.39M	Aug 2018	ZWQT.TO vs HCON.TO
ZBAL.TO	BMO Balanced ETF	66	621.59M	Jan 2022	ZWQT.TO vs ZBAL.TO

Top Performing ZWQT.TO Alternatives (YTD)

ZWQT.TO is at 14.52% YTD. No ETFs in the Global Allocation category have higher YTD returns; the top-performing alternatives shown here go as high as 10.93%.

Symbol	Name	YTD Return	AUM	Inception
ZGRO.TO	BMO Growth ETF	10.93%	767.07M	Feb 2019	ZWQT.TO vs ZGRO.TO
ZBAL.TO	BMO Balanced ETF	8.44%	621.59M	Jan 2022	ZWQT.TO vs ZBAL.TO
FCGI.TO	Fidelity Global Monthly High Income ETF	8.14%	40.70M	Jan 2020	ZWQT.TO vs FCGI.TO
TBAL.TO	TD Balanced ETF Portfolio	7.59%	—	Aug 2020	ZWQT.TO vs TBAL.TO
HCON.TO	Global X Conservative Asset Allocation ETF	5.55%	37.39M	Aug 2018	ZWQT.TO vs HCON.TO

Lowest Volatility Alternatives to ZWQT.TO

ZWQT.TO has 9.71% 1-year volatility. There are 4 ETFs in the Global Allocation category with lower 1-year volatility, going as low as 6.97%.

Symbol	Name	Volatility 1Y	AUM	Inception
HCON.TO	Global X Conservative Asset Allocation ETF	6.97%	37.39M	Aug 2018	ZWQT.TO vs HCON.TO
FCGI.TO	Fidelity Global Monthly High Income ETF	6.98%	40.70M	Jan 2020	ZWQT.TO vs FCGI.TO
TBAL.TO	TD Balanced ETF Portfolio	8.11%	—	Aug 2020	ZWQT.TO vs TBAL.TO
ZBAL.TO	BMO Balanced ETF	9.13%	621.59M	Jan 2022	ZWQT.TO vs ZBAL.TO
ZGRO.TO	BMO Growth ETF	11.83%	767.07M	Feb 2019	ZWQT.TO vs ZGRO.TO

Lowest Drawdown Alternatives to ZWQT.TO

ZWQT.TO has a 1-year max drawdown of -5.47%. There are 2 ETFs in the Global Allocation category with shallower 1-year drawdowns, going as shallow as -3.79%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
FCGI.TO	Fidelity Global Monthly High Income ETF	-3.79%	40.70M	Jan 2020	ZWQT.TO vs FCGI.TO
HCON.TO	Global X Conservative Asset Allocation ETF	-4.71%	37.39M	Aug 2018	ZWQT.TO vs HCON.TO
ZBAL.TO	BMO Balanced ETF	-5.81%	621.59M	Jan 2022	ZWQT.TO vs ZBAL.TO
TBAL.TO	TD Balanced ETF Portfolio	-5.98%	—	Aug 2020	ZWQT.TO vs TBAL.TO
ZGRO.TO	BMO Growth ETF	-6.87%	767.07M	Feb 2019	ZWQT.TO vs ZGRO.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	1.11%	5.68B	Nov 2021	ZWQT.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	73	11.92%	24.23B	Nov 2012	ZWQT.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	80	13.34%	846.16M	Jan 2022	ZWQT.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	30.07%	6.15B	Oct 2009	ZWQT.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	83	10.54%	16.91B	May 2009	ZWQT.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	39	14.23%	3.24B	Jan 2010	ZWQT.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	68	20.05%	2.39B	Feb 2019	ZWQT.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	51	7.81%	6.18B	Oct 2011	ZWQT.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	24	2.21%	12.97B	Jan 2010	ZWQT.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	19.41%	1.83B	Oct 2011	ZWQT.TO vs ZDV.TO

Often Compared With ZWQT.TO

Investors most often compare ZWQT.TO with BMAX.TO, XTR.TO, VRIF.TO. These 15 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BMAX.TO	Brompton Enhanced Multi-Asset Income ETF	Diversified Portfolio	64	10.31%	65.40M	—	ZWQT.TO vs BMAX.TO
XTR.TO	iShares Diversified Monthly Income ETF	Diversified Portfolio	61	7.76%	378.56M	Dec 2005	ZWQT.TO vs XTR.TO
VRIF.TO	Vanguard Retirement Income ETF Portfolio	Diversified Portfolio	70	5.29%	357.83M	Sep 2020	ZWQT.TO vs VRIF.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	47	10.92%	1.30B	Nov 2014	ZWQT.TO vs ZUQ.TO
HEQT.TO	Horizons All-Equity Asset Allocation ETF	Global Equities	82	13.99%	—	Sep 2019	ZWQT.TO vs HEQT.TO
JEPI	JPMorgan Equity Premium Income ETF	Dividend, Derivative Income	26	1.33%	44.26B	May 2020	ZWQT.TO vs JEPI
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	94	11.81%	2.35B	Feb 2017	ZWQT.TO vs ZWC.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	97	23.00%	4.13B	Apr 2011	ZWQT.TO vs XEI.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	81	12.77%	19.56B	Aug 2019	ZWQT.TO vs XEQT.TO
ZWT.TO	BMO Covered Call Technology ETF	Technology Equities, Derivative Income	51	14.60%	—	Jan 2021	ZWQT.TO vs ZWT.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	Derivative Income, Energy Equities	78	22.25%	708.27M	Apr 2011	ZWQT.TO vs ENCC.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	23.93%	7.99B	Nov 2012	ZWQT.TO vs VDY.TO
XDG.TO	iShares Core MSCI Global Quality Dividend Index ET...	Global Equities	65	12.19%	742.37M	Jun 2017	ZWQT.TO vs XDG.TO
DGRO	iShares Core Dividend Growth ETF	Large Cap Growth Equities, Dividend	78	9.37%	41.89B	Jun 2014	ZWQT.TO vs DGRO
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	Leveraged Equities, Financials Equities, Canada Equities	96	42.22%	86.85M	Jun 2007	ZWQT.TO vs CFOU.TO

Compare ZWQT.TO with Any Fund or Stock

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

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Diversifiers

Pair ZWQT.TO with funds that move differently

BMO Global Enhanced Income Fund Series ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZWQT.TO.

Explore ZWQT.TO Diversifiers

BMO Global Enhanced Income Fund Series ETF (ZWQT.TO) Alternatives