A side-by-side comparison of Evolve Global Healthcare Enhanced Yield Fund Hedged Units (LIFE) and BMO Equal Weight US Health Care Hedged to CAD Index ETF (ZUH) 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 | LIFE | ZUH |
|---|---|---|
| YTD Return | +68.41%✓ | +11.66% |
| 1-Day Change | +88.16%✓ | -1.60% |
| 1-Week Change | +82.57%✓ | -1.40% |
| 1-Month Change | +82.77%✓ | -1.41% |
| Current Price | $32.57 | $77.55 |
| AUM | $278M✓ | $187M |
| MER (Expense Ratio) | 0.45% | 0%✓ |
| Dividend Yield | 12.62%✓ | 0.48% |
| Distribution Frequency | Monthly | Annually |
| Inception Date | 2017-10-23 | 2010-05-19 |
| Holdings Count | 10 | 10 |
| MorningStar Rating | ★★★ | ★★ |
| Category | Healthcare Equity | Healthcare Equity |
| Beta | 0.92 | 1.07 |
| 52-Week High | $18.38 | $80.00 |
| 52-Week Low | $15.61 | $64.10 |
| 50-Day MA | $17.98 | $77.09 |
| 200-Day MA | $18.14 | $70.98 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | LIFE | ZUH |
|---|---|---|
| YTD | +68.41%✓ | +11.66% |
| 1 Year | +15.86% | +24.45%✓ |
| 3 Year | +6.95% | +7.47%✓ |
| 5 Year | +5.89%✓ | -0.39% |
| 10 Year | — | +7.05% |
| 1Y Volatility | 12.88% | 14.04% |
| Sharpe Ratio (3Y) | 0.26 | 0.19 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | PFE | Pfizer Inc | 5.57% |
| 2 | TMO | Thermo Fisher Scientific Inc | 5.53% |
| 3 | AMGN | Amgen Inc | 5.51% |
| 4 | ABT | Abbott Laboratories | 5.37% |
| 5 | BMY | Bristol-Myers Squibb Company | 5.37% |
| 6 | MRK | Merck & Company Inc | 5.36% |
| 7 | GILD | Gilead Sciences Inc | 5.30% |
| 8 | MDT | Medtronic PLC | 5.14% |
| 9 | DHR | Danaher Corporation | 5.07% |
| 10 | VRTX | Vertex Pharmaceuticals Inc | 4.84% |
| 1 | MRNA | Moderna Inc | 2.89% |
| 2 | HUM | Humana Inc | 2.32% |
| 3 | RVMD | Revolution Medicines Inc | 2.26% |
| 4 | GH | Guardant Health Inc | 1.89% |
| 5 | ILMN | Illumina Inc | 1.86% |
| 6 | NTRA | Natera Inc | 1.76% |
| 7 | IQV | IQVIA Holdings Inc | 1.62% |
| 8 | CNC | Centene Corp | 1.60% |
| 9 | BAX | Baxter International Inc | 1.59% |
| 10 | VEEV | Veeva Systems Inc Class A | 1.59% |
Sector Weights
| Sector | LIFE | ZUH |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 100.00% | 100.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About LIFE
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About ZUH
BMO Equal Weight US Health Care Hedged to CAD Index ETF (ZUH.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 LIFE and ZUH 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, LIFE 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 LIFE and ZUH?
LIFE (Evolve Global Healthcare Enhanced Yield Fund Hedged Units) and ZUH (BMO Equal Weight US Health Care Hedged to CAD Index ETF) are both Canadian-listed ETFs. Key differences include their AUM ($278M vs $187M), dividend yield (12.62% vs 0.48%), and year-to-date performance (+68.41% vs +11.66%).
Is LIFE better than ZUH?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, LIFE has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy LIFE and ZUH on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both LIFE and ZUH should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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