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
ZBAL.TO	BMO Balanced ETF	0.18%	639.52M	Jan 2022	ZWQT.TO vs ZBAL.TO
ZGRO.TO	BMO Growth ETF	0.18%	778.93M	Feb 2019	ZWQT.TO vs ZGRO.TO
HCON.TO	Global X Conservative Asset Allocation ETF	0.22%	36.67M	Aug 2018	ZWQT.TO vs HCON.TO
FCGI.TO	Fidelity Global Monthly High Income ETF	0.55%	22.80M	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	22.80M	Jan 2020	ZWQT.TO vs FCGI.TO
TBAL.TO	TD Balanced ETF Portfolio	84	—	Aug 2020	ZWQT.TO vs TBAL.TO
CGRA.TO	CI Global Real Asset Private Pool	82	9.11M	May 2020	ZWQT.TO vs CGRA.TO
ZGRO.TO	BMO Growth ETF	79	778.93M	Feb 2019	ZWQT.TO vs ZGRO.TO
ZBAL.TO	BMO Balanced ETF	71	639.52M	Jan 2022	ZWQT.TO vs ZBAL.TO

Top Performing ZWQT.TO Alternatives (YTD)

ZWQT.TO is at 14.77% YTD. There is 1 ETF in the Global Allocation category with a higher YTD return, going as high as 15.41%.

Symbol	Name	YTD Return	AUM	Inception
CGRA.TO	CI Global Real Asset Private Pool	15.41%	9.11M	May 2020	ZWQT.TO vs CGRA.TO
ZGRO.TO	BMO Growth ETF	11.48%	778.93M	Feb 2019	ZWQT.TO vs ZGRO.TO
FCGI.TO	Fidelity Global Monthly High Income ETF	9.21%	22.80M	Jan 2020	ZWQT.TO vs FCGI.TO
ZBAL.TO	BMO Balanced ETF	8.66%	639.52M	Jan 2022	ZWQT.TO vs ZBAL.TO
TBAL.TO	TD Balanced ETF Portfolio	8.36%	—	Aug 2020	ZWQT.TO vs TBAL.TO

Lowest Volatility Alternatives to ZWQT.TO

ZWQT.TO has 9.71% 1-year volatility. There are 5 ETFs in the Global Allocation category with lower 1-year volatility, going as low as 7.01%.

Symbol	Name	Volatility 1Y	AUM	Inception
FCGI.TO	Fidelity Global Monthly High Income ETF	7.01%	22.80M	Jan 2020	ZWQT.TO vs FCGI.TO
HCON.TO	Global X Conservative Asset Allocation ETF	7.11%	36.67M	Aug 2018	ZWQT.TO vs HCON.TO
TBAL.TO	TD Balanced ETF Portfolio	8.18%	—	Aug 2020	ZWQT.TO vs TBAL.TO
CGRA.TO	CI Global Real Asset Private Pool	8.46%	9.11M	May 2020	ZWQT.TO vs CGRA.TO
ZBAL.TO	BMO Balanced ETF	9.31%	639.52M	Jan 2022	ZWQT.TO vs ZBAL.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%	22.80M	Jan 2020	ZWQT.TO vs FCGI.TO
HCON.TO	Global X Conservative Asset Allocation ETF	-4.71%	36.67M	Aug 2018	ZWQT.TO vs HCON.TO
ZBAL.TO	BMO Balanced ETF	-5.81%	639.52M	Jan 2022	ZWQT.TO vs ZBAL.TO
TBAL.TO	TD Balanced ETF Portfolio	-5.98%	—	Aug 2020	ZWQT.TO vs TBAL.TO
CGRA.TO	CI Global Real Asset Private Pool	-6.43%	9.11M	May 2020	ZWQT.TO vs CGRA.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	1.25%	5.77B	Nov 2021	ZWQT.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	78	13.65%	24.35B	Nov 2012	ZWQT.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	83	14.44%	895.11M	Jan 2022	ZWQT.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	36.93%	7.20B	Oct 2009	ZWQT.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	90	12.95%	17.34B	May 2009	ZWQT.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	38	15.43%	3.09B	Jan 2010	ZWQT.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	64	19.67%	2.35B	Feb 2019	ZWQT.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	53	7.89%	6.24B	Oct 2011	ZWQT.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	33	1.25%	13.13B	Jan 2010	ZWQT.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	98	22.62%	1.86B	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 16 comparison targets span 12 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	69	11.20%	65.40M	—	ZWQT.TO vs BMAX.TO
XTR.TO	iShares Diversified Monthly Income ETF	Diversified Portfolio	71	8.29%	374.81M	Dec 2005	ZWQT.TO vs XTR.TO
VRIF.TO	Vanguard Retirement Income ETF Portfolio	Diversified Portfolio	75	4.89%	363.73M	Sep 2020	ZWQT.TO vs VRIF.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	54	13.18%	1.32B	Nov 2014	ZWQT.TO vs ZUQ.TO
HEQT.TO	Horizons All-Equity Asset Allocation ETF	Global Equities	86	15.01%	—	Sep 2019	ZWQT.TO vs HEQT.TO
JEPI	JPMorgan Equity Premium Income ETF	Dividend, Derivative Income	34	3.04%	45.17B	May 2020	ZWQT.TO vs JEPI
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	96	14.98%	2.41B	Feb 2017	ZWQT.TO vs ZWC.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	27.27%	4.25B	Apr 2011	ZWQT.TO vs XEI.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	87	14.16%	20.34B	Aug 2019	ZWQT.TO vs XEQT.TO
ZWT.TO	BMO Covered Call Technology ETF	Technology Equities, Derivative Income	50	16.20%	—	Jan 2021	ZWQT.TO vs ZWT.TO
CGAA.TO	CI Global Asset Allocation Private Pool	Global Allocation	41	3.68%	22.05M	Jul 2020	ZWQT.TO vs CGAA.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	Derivative Income, Energy Equities	89	27.77%	714.60M	Apr 2011	ZWQT.TO vs ENCC.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	99	29.59%	8.59B	Nov 2012	ZWQT.TO vs VDY.TO
DGRO	iShares Core Dividend Growth ETF	Large Cap Growth Equities, Dividend	86	11.40%	42.05B	Jun 2014	ZWQT.TO vs DGRO
XDG.TO	iShares Core MSCI Global Quality Dividend Index ET...	Global Equities	72	13.06%	759.62M	Jun 2017	ZWQT.TO vs XDG.TO
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	Leveraged Equities, Financials Equities, Canada Equities	97	55.99%	86.75M	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.

Symbol name

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