A side-by-side comparison of Harvest Industrial Leaders Income ETF Class A (HIND) and BMO Covered Call Utilities ETF (ZWU) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | HIND | ZWU |
|---|---|---|
| YTD Return | +14.09%✓ | +5.18% |
| 1-Day Change | 0.00% | +0.52%✓ |
| 1-Week Change | +0.50% | +1.88%✓ |
| 1-Month Change | +2.68%✓ | -1.85% |
| Current Price | $14.17 | $11.66 |
| AUM | $122M | $2.21B✓ |
| MER (Expense Ratio) | — | 0.65% |
| Dividend Yield | 6.96% | 7.17%✓ |
| Distribution Frequency | Monthly | Monthly |
| Inception Date | 2024-04-10 | 2011-10-20 |
| Holdings Count | 10 | 10 |
| MorningStar Rating | — | — |
| Category | Sector Equity | Sector Equity |
| Beta | 0.00 | 0.25 |
| 52-Week High | $14.34 | $12.11 |
| 52-Week Low | $11.15 | $10.38 |
| 50-Day MA | $13.84 | $11.86 |
| 200-Day MA | $13.07 | $11.68 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | HIND | ZWU |
|---|---|---|
| YTD | +14.09%✓ | +5.18% |
| 1 Year | +26.84%✓ | +10.14% |
| 3 Year | — | +11.74% |
| 5 Year | — | +5.55% |
| 10 Year | — | +5.50% |
| 1Y Volatility | 15.75% | 8.69% |
| Sharpe Ratio (3Y) | — | 0.80 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | LMT | Lockheed Martin Corporation | 5.69% |
| 2 | UNP | Union Pacific Corporation | 5.36% |
| 3 | GD | General Dynamics Corporation | 5.31% |
| 4 | ETN | Eaton Corporation PLC | 5.24% |
| 5 | CP | Canadian Pacific Railway Ltd | 5.22% |
| 6 | PH | Parker-Hannifin Corporation | 5.21% |
| 7 | RTX | RTX Corporation | 5.21% |
| 8 | AME | Ametek Inc | 5.20% |
| 9 | FAST | Fastenal Company | 5.17% |
| 10 | RSG | Republic Services Inc | 5.05% |
| 1 | TRP | TC Energy Corp | 5.35% |
| 2 | ZUT | BMO Equal Weight Utilities Index ETF | 5.24% |
| 3 | ENB | Enbridge Inc | 5.23% |
| 4 | FTS | Fortis Inc | 5.18% |
| 5 | H | Hydro One Ltd | 5.15% |
| 6 | PPL | Pembina Pipeline Corp | 5.01% |
| 7 | WMB | Williams Companies Inc | 4.63% |
| 8 | VZ | Verizon Communications Inc | 4.42% |
| 9 | EMA | Emera Inc. | 4.20% |
| 10 | KMI | Kinder Morgan Inc | 3.98% |
Sector Weights
| Sector | HIND | ZWU |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 19.73% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 27.41% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 95.29% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 4.71% | 0.00% |
| Utilities | 0.00% | 52.86% |
About HIND
Harvest Industrial Leaders Income ETF Class A (HIND.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
About ZWU
BMO Covered Call Utilities ETF (ZWU.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
Which ETF is Right for You?
Both HIND and ZWU are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, ZWU scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between HIND and ZWU?
HIND (Harvest Industrial Leaders Income ETF Class A) and ZWU (BMO Covered Call Utilities ETF) are both Canadian-listed ETFs. Key differences include their AUM ($122M vs $2.21B), dividend yield (6.96% vs 7.17%), and year-to-date performance (+14.09% vs +5.18%).
Is HIND better than ZWU?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, HIND has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy HIND and ZWU on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both HIND and ZWU should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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