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 4 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%	591.92M	Jan 2022	ZWQT.TO vs ZBAL.TO
HCON.TO	Global X Conservative Asset Allocation ETF	0.22%	36.21M	Aug 2018	ZWQT.TO vs HCON.TO
FCGI.TO	Fidelity Global Monthly High Income ETF	0.55%	44.70M	Jan 2020	ZWQT.TO vs FCGI.TO

Best Risk-Adjusted Alternatives to ZWQT.TO

ZWQT.TO has a PortfoliosLab risk / return rank of 92. No ETFs in the Global Allocation category have higher risk-adjusted ranks; the top alternatives shown here go as high as 91.

Symbol	Name	Risk / Return Rank	AUM	Inception
FCGI.TO	Fidelity Global Monthly High Income ETF	91	44.70M	Jan 2020	ZWQT.TO vs FCGI.TO
ZBAL.TO	BMO Balanced ETF	72	591.92M	Jan 2022	ZWQT.TO vs ZBAL.TO
TBAL.TO	TD Balanced ETF Portfolio	71	—	Aug 2020	ZWQT.TO vs TBAL.TO
HCON.TO	Global X Conservative Asset Allocation ETF	62	36.21M	Aug 2018	ZWQT.TO vs HCON.TO

Top Performing ZWQT.TO Alternatives (YTD)

ZWQT.TO is at 13.46% YTD. No ETFs in the Global Allocation category have higher YTD returns; the top-performing alternatives shown here go as high as 8.07%.

Symbol	Name	YTD Return	AUM	Inception
FCGI.TO	Fidelity Global Monthly High Income ETF	8.07%	44.70M	Jan 2020	ZWQT.TO vs FCGI.TO
ZBAL.TO	BMO Balanced ETF	8.07%	591.92M	Jan 2022	ZWQT.TO vs ZBAL.TO
TBAL.TO	TD Balanced ETF Portfolio	7.35%	—	Aug 2020	ZWQT.TO vs TBAL.TO
HCON.TO	Global X Conservative Asset Allocation ETF	5.14%	36.21M	Aug 2018	ZWQT.TO vs HCON.TO

Lowest Volatility Alternatives to ZWQT.TO

ZWQT.TO has 9.40% 1-year volatility. There are 4 ETFs in the Global Allocation category with lower 1-year volatility, going as low as 6.69%.

Symbol	Name	Volatility 1Y	AUM	Inception
HCON.TO	Global X Conservative Asset Allocation ETF	6.69%	36.21M	Aug 2018	ZWQT.TO vs HCON.TO
FCGI.TO	Fidelity Global Monthly High Income ETF	6.74%	44.70M	Jan 2020	ZWQT.TO vs FCGI.TO
TBAL.TO	TD Balanced ETF Portfolio	7.78%	—	Aug 2020	ZWQT.TO vs TBAL.TO
ZBAL.TO	BMO Balanced ETF	8.38%	591.92M	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 -3.91%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
FCGI.TO	Fidelity Global Monthly High Income ETF	-3.91%	44.70M	Jan 2020	ZWQT.TO vs FCGI.TO
HCON.TO	Global X Conservative Asset Allocation ETF	-4.71%	36.21M	Aug 2018	ZWQT.TO vs HCON.TO
ZBAL.TO	BMO Balanced ETF	-5.81%	591.92M	Jan 2022	ZWQT.TO vs ZBAL.TO
TBAL.TO	TD Balanced ETF Portfolio	-5.98%	—	Aug 2020	ZWQT.TO vs TBAL.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	ZWQT.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	Nov 2012	ZWQT.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	13.04%	789.04M	Jan 2022	ZWQT.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	19.22%	5.16B	Oct 2009	ZWQT.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.70%	16.67B	May 2009	ZWQT.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	67	19.82%	3.25B	Jan 2010	ZWQT.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	74	22.76%	2.28B	Feb 2019	ZWQT.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	ZWQT.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.80B	Jan 2010	ZWQT.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	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 8 comparison targets span 6 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	59	9.27%	65.40M	—	ZWQT.TO vs BMAX.TO
XTR.TO	iShares Diversified Monthly Income ETF	Diversified Portfolio	85	6.55%	373.65M	Dec 2005	ZWQT.TO vs XTR.TO
VRIF.TO	Vanguard Retirement Income ETF Portfolio	Diversified Portfolio	66	4.88%	357.83M	Sep 2020	ZWQT.TO vs VRIF.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	41	9.39%	1.24B	Nov 2014	ZWQT.TO vs ZUQ.TO
JEPI	JPMorgan Equity Premium Income ETF	Dividend, Derivative Income	26	0.15%	44.59B	May 2020	ZWQT.TO vs JEPI
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	92	11.12%	2.30B	Feb 2017	ZWQT.TO vs ZWC.TO
HEQT.TO	Horizons All-Equity Asset Allocation ETF	Global Equities	80	13.56%	—	Sep 2019	ZWQT.TO vs HEQT.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	Derivative Income, Energy Equities	85	29.01%	759.08M	Apr 2011	ZWQT.TO vs ENCC.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