A side-by-side comparison of BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF (ZWA) and VF (VF) to help Canadian investors make an informed decision.
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Head-to-Head Comparison
| Metric | ZWA | VF |
|---|---|---|
| YTD Return | +0.86% | — |
| 1-Day Change | +0.41% | — |
| 1-Week Change | +0.25% | — |
| 1-Month Change | +2.12% | — |
| Current Price | $28.00 | — |
| AUM | $210M | — |
| MER (Expense Ratio) | 0.65% | — |
| Dividend Yield | 5.68% | — |
| Distribution Frequency | Monthly | — |
| Inception Date | 2011-10-20 | — |
| Holdings Count | 10 | — |
| MorningStar Rating | ★★ | — |
| Category | US Equity | — |
| Beta | 0.78 | — |
| 52-Week High | $28.09 | — |
| 52-Week Low | $23.81 | — |
| 50-Day MA | $27.10 | — |
| 200-Day MA | $27.31 | — |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | ZWA | VF |
|---|---|---|
| YTD | +0.86% | — |
| 1 Year | +17.33% | — |
| 3 Year | +12.86% | — |
| 5 Year | +7.09% | — |
| 10 Year | +9.81% | — |
| 1Y Volatility | 9.19% | — |
| Sharpe Ratio (3Y) | 0.83 | — |
Past performance is not a guarantee of future results.
Sector Weights
| Sector | ZWA | VF |
|---|---|---|
| Basic Materials | 3.96% | — |
| Communication Services | 1.88% | — |
| Consumer Cyclicals | 11.48% | — |
| Consumer Defensive | 4.45% | — |
| Energy | 2.37% | — |
| Financial Services | 27.22% | — |
| Healthcare | 12.91% | — |
| Industrials | 18.31% | — |
| Real Estate | 0.00% | — |
| Technology | 17.42% | — |
| Utilities | 0.00% | — |
About ZWA
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF (ZWA.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
About VF
VF (VF.TO) is a Canadian-listed ETF traded on the TO. More detailed information will be available soon.
Which ETF is Right for You?
Both ZWA and VF are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
ZWA and VF are closely matched on the metrics we track. The right choice depends on your individual investment goals, tax situation, and time horizon.
- 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 ZWA and VF?
ZWA (BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF) and VF (VF) are both Canadian-listed ETFs. Key differences include their AUM ($210M vs —), dividend yield (5.68% vs N/A), and year-to-date performance (+0.86% vs —).
Is ZWA better than VF?
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 ZWA and VF on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both ZWA and VF should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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