A side-by-side comparison of BMO Canadian High Dividend Covered Call (ZWC) and ZD (ZD) 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 | ZWC | ZD |
|---|---|---|
| YTD Return | +8.67% | +27.41%✓ |
| 1-Day Change | -0.38%✓ | -0.49% |
| 1-Week Change | -1.82%✓ | -4.50% |
| 1-Month Change | -2.56%✓ | +1.91% |
| Current Price | $22.44 | $56.47 |
| AUM | $2.50B | — |
| MER (Expense Ratio) | 0.65% | — |
| Dividend Yield | 5.79% | — |
| Distribution Frequency | Monthly | — |
| Inception Date | 2017-02-03 | — |
| Holdings Count | 10 | — |
| MorningStar Rating | ★★★ | — |
| Category | Canadian Dividend and Income Equity | — |
| Beta | 0.77 | — |
| 52-Week High | $23.10 | — |
| 52-Week Low | $18.49 | — |
| 50-Day MA | $22.86 | — |
| 200-Day MA | $21.92 | — |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | ZWC | ZD |
|---|---|---|
| YTD | +8.67% | +27.41%✓ |
| 1 Year | +23.72% | — |
| 3 Year | +19.12% | — |
| 5 Year | +11.72% | — |
| 10 Year | — | — |
| 1Y Volatility | 7.97% | — |
| Sharpe Ratio (3Y) | 1.58 | — |
Past performance is not a guarantee of future results.
Sector Weights
| Sector | ZWC | ZD |
|---|---|---|
| Basic Materials | 13.17% | — |
| Communication Services | 5.34% | — |
| Consumer Cyclicals | 4.12% | — |
| Consumer Defensive | 1.88% | — |
| Energy | 22.00% | — |
| Financial Services | 39.54% | — |
| Healthcare | 0.00% | — |
| Industrials | 5.64% | — |
| Real Estate | 0.00% | — |
| Technology | 0.00% | — |
| Utilities | 8.31% | — |
About ZWC
NA
About ZD
ZD (ZD.TO) is a Canadian-listed ETF traded on the TO. More detailed information will be available soon.
Which ETF is Right for You?
Both ZWC and ZD 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, ZD 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 ZWC and ZD?
ZWC (BMO Canadian High Dividend Covered Call) and ZD (ZD) are both Canadian-listed ETFs. Key differences include their AUM ($2.50B vs —), dividend yield (5.79% vs N/A), and year-to-date performance (+8.67% vs +27.41%).
Is ZWC better than ZD?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy ZWC and ZD on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both ZWC and ZD should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
7 stocks to buy and hold forever
Complement your ETF portfolio with these proven long-term individual stocks.
Get the FREE Report