ZWH.TO vs. PDF.TO
Compare and contrast key facts about BMO US High Dividend Covered Call ETF (ZWH.TO) and Purpose Core Dividend Fund Series ETF (PDF.TO).
ZWH.TO and PDF.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZWH.TO is an actively managed fund by BMO. It was launched on Feb 9, 2014.
Performance
ZWH.TO vs. PDF.TO - Performance Comparison
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ZWH.TO vs. PDF.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZWH.TO BMO US High Dividend Covered Call ETF | 3.51% | 6.40% | 19.30% | 5.04% | -0.57% | 24.20% | 0.19% | 17.18% | 0.10% | 5.95% |
PDF.TO Purpose Core Dividend Fund Series ETF | 5.85% | 20.81% | 13.61% | 4.13% | -1.74% | 24.35% | -0.79% | 23.25% | -11.14% | 7.37% |
Returns By Period
In the year-to-date period, ZWH.TO achieves a 3.51% return, which is significantly lower than PDF.TO's 5.85% return. Both investments have delivered pretty close results over the past 10 years, with ZWH.TO having a 9.03% annualized return and PDF.TO not far behind at 8.85%.
ZWH.TO
- 1D
- 1.66%
- 1M
- -1.71%
- YTD
- 3.51%
- 6M
- 4.63%
- 1Y
- 8.82%
- 3Y*
- 10.79%
- 5Y*
- 9.58%
- 10Y*
- 9.03%
PDF.TO
- 1D
- 1.52%
- 1M
- -3.48%
- YTD
- 5.85%
- 6M
- 10.43%
- 1Y
- 21.70%
- 3Y*
- 14.54%
- 5Y*
- 10.84%
- 10Y*
- 8.85%
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ZWH.TO vs. PDF.TO - Expense Ratio Comparison
Return for Risk
ZWH.TO vs. PDF.TO — Risk / Return Rank
ZWH.TO
PDF.TO
ZWH.TO vs. PDF.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO US High Dividend Covered Call ETF (ZWH.TO) and Purpose Core Dividend Fund Series ETF (PDF.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ZWH.TO | PDF.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.62 | 2.14 | -1.52 |
Sortino ratioReturn per unit of downside risk | 0.91 | 2.77 | -1.85 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.44 | -0.31 |
Calmar ratioReturn relative to maximum drawdown | 0.86 | 2.41 | -1.55 |
Martin ratioReturn relative to average drawdown | 2.72 | 11.16 | -8.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ZWH.TO | PDF.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | 2.14 | -1.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 1.06 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.66 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 0.75 | 0.00 |
Correlation
The correlation between ZWH.TO and PDF.TO is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
ZWH.TO vs. PDF.TO - Dividend Comparison
ZWH.TO's dividend yield for the trailing twelve months is around 6.23%, more than PDF.TO's 3.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZWH.TO BMO US High Dividend Covered Call ETF | 6.23% | 6.22% | 4.87% | 5.71% | 6.03% | 5.64% | 6.59% | 5.97% | 5.66% | 5.46% | 5.57% | 5.31% |
PDF.TO Purpose Core Dividend Fund Series ETF | 3.14% | 3.77% | 3.82% | 4.17% | 3.77% | 3.19% | 3.84% | 3.65% | 4.33% | 3.50% | 3.38% | 3.40% |
Drawdowns
ZWH.TO vs. PDF.TO - Drawdown Comparison
The maximum ZWH.TO drawdown since its inception was -34.01%, smaller than the maximum PDF.TO drawdown of -36.00%. Use the drawdown chart below to compare losses from any high point for ZWH.TO and PDF.TO.
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Drawdown Indicators
| ZWH.TO | PDF.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.01% | -36.00% | +1.99% |
Max Drawdown (1Y)Largest decline over 1 year | -11.79% | -9.28% | -2.51% |
Max Drawdown (5Y)Largest decline over 5 years | -15.59% | -15.93% | +0.34% |
Max Drawdown (10Y)Largest decline over 10 years | -34.01% | -36.00% | +1.99% |
Current DrawdownCurrent decline from peak | -2.51% | -3.55% | +1.04% |
Average DrawdownAverage peak-to-trough decline | -3.14% | -3.53% | +0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 2.00% | +1.95% |
Volatility
ZWH.TO vs. PDF.TO - Volatility Comparison
BMO US High Dividend Covered Call ETF (ZWH.TO) and Purpose Core Dividend Fund Series ETF (PDF.TO) have volatilities of 3.75% and 3.79%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZWH.TO | PDF.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.75% | 3.79% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 7.44% | 6.19% | +1.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.48% | 10.22% | +4.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.59% | 10.30% | +1.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.83% | 13.58% | +1.25% |