A side-by-side comparison of BMO Tactical Dividend ETF Series ETF (ZZZD) and Purpose Multi-Asset Income Fund ETF (PINC) to help Canadian investors make an informed decision.
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1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | ZZZD | PINC |
|---|---|---|
| YTD Return | +9.48% | +13.85%✓ |
| 1-Day Change | -0.71% | -0.26%✓ |
| 1-Week Change | -0.46%✓ | -1.30% |
| 1-Month Change | +0.59%✓ | +0.98% |
| Current Price | $32.22 | $22.77 |
| AUM | $25M | $65M✓ |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 3.76% | 4.46%✓ |
| Distribution Frequency | Quarterly | Monthly |
| Inception Date | 2019-01-07 | 2018-04-05 |
| Holdings Count | 9 | 8 |
| MorningStar Rating | ★★★ | ★★★ |
| Category | Tactical Balanced | Tactical Balanced |
| Beta | 0.17 | 0.98 |
| 52-Week High | $32.55 | $22.99 |
| 52-Week Low | $27.70 | $18.29 |
| 50-Day MA | $32.21 | $22.61 |
| 200-Day MA | $30.87 | $21.05 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | ZZZD | PINC |
|---|---|---|
| YTD | +9.48% | +13.85%✓ |
| 1 Year | +14.37% | +24.10%✓ |
| 3 Year | +9.74% | +14.56%✓ |
| 5 Year | +6.81%✓ | +6.80% |
| 10 Year | — | — |
| 1Y Volatility | 5.11% | 5.54% |
| Sharpe Ratio (3Y) | 1.17 | 1.21 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | ZPAY | BMO Premium Yield ETF | 22.99% |
| 2 | ZWP | BMO Europe High Dividend Covered Call ETF | 21.98% |
| 3 | ZWU | BMO Covered Call Utilities ETF | 13.04% |
| 4 | ZWC | BMO Canadian High Dividend Covered Call | 7.62% |
| 5 | ZWT | BMO Covered Call Technology ETF | 7.52% |
| 6 | DEM | WisdomTree Emerging Markets High Dividend Fund | 6.76% |
| 7 | ZWHC | BMO Covered Call Health Care ETF | 5.17% |
| 8 | DGS | WisdomTree Emerging Markets SmallCap Dividend Fund | 4.96% |
| 9 | DES | WisdomTree U.S. SmallCap Dividend Fund | 2.46% |
| 1 | PID | Purpose International Dividend Fund Series ETF | 6.19% |
| 2 | SYLD | Purpose Strategic Yield Fund ETF | 5.70% |
| 3 | TRP | TC Energy Corp | 2.96% |
| 4 | GEI | Gibson Energy Inc. | 2.69% |
| 5 | CPX | Capital Power Corporation | 2.66% |
| 6 | TD | Toronto Dominion Bank | 2.58% |
| 7 | RPS | Purpose Canadian Preferred Share Fund ETF | 2.57% |
| 8 | DFY | Definity Financial Corp | 2.47% |
Sector Weights
| Sector | ZZZD | PINC |
|---|---|---|
| Basic Materials | 4.20% | 0.64% |
| Communication Services | 10.17% | 5.31% |
| Consumer Cyclicals | 4.21% | 0.68% |
| Consumer Defensive | 5.29% | 0.41% |
| Energy | 9.80% | 20.90% |
| Financial Services | 16.30% | 31.48% |
| Healthcare | 12.63% | 1.12% |
| Industrials | 7.73% | 0.62% |
| Real Estate | 1.22% | 21.14% |
| Technology | 16.31% | 0.18% |
| Utilities | 12.16% | 17.53% |
About ZZZD
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About PINC
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Which ETF is Right for You?
Both ZZZD and PINC 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, PINC 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 ZZZD and PINC?
ZZZD (BMO Tactical Dividend ETF Series ETF) and PINC (Purpose Multi-Asset Income Fund ETF) are both Canadian-listed ETFs. Key differences include their AUM ($25M vs $65M), dividend yield (3.76% vs 4.46%), and year-to-date performance (+9.48% vs +13.85%).
Is ZZZD better than PINC?
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 ZZZD and PINC on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both ZZZD and PINC should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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