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BMO Equal Weight US Banks Index ETF (ZBK.TO) ETF Analysis

ZBK.TO

Expense ratio 0.39% Yield 1.81% Assets CA$651.52M Since February 10, 2014 Family BMO Asset Management Inc

Last Updated: October 21, 2026

CA$45.49

+CA$0.41 (+0.91%)

October 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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ZBK.TO Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	+20.02%	+20.02%	CA$120.02	CA$360.06
3 years	+136.96%	+33.32%	CA$236.96	CA$710.89
5 years	+39.95%	+6.95%	CA$139.95	CA$419.85
10 years	+200.75%	+11.64%	CA$300.75	CA$902.25

Returns are total returns computed from daily closes, with dividends reinvested. As of October 21, 2026.

ZBK.TO Return by Calendar Year

2016 and 2026 are partial years

−16.67%+46.09%+8.54%

2016*2017201820192020202120222023202420252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	+8.54%
2025	+16.76%
2024	+46.09%
2023	−6.69%
2022	−16.67%
2021	+39.32%
2020	−7.76%
2019	+29.46%
2018	−11.60%
2017	+10.40%
2016 (partial year)	+36.27%

ZBK.TO Monthly Returns

−29%+18%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	+2.2	−3.4	−0.9	+6.4	−0.3	+10.9	+1.3	−3.6	−4.1	+0.9	—	—
2025	+8.7	−3.7	−8.9	−9.1	+6.9	+8.1	+3.7	+5.5	+0.6	−3.1	+3.2	+5.9
2024	+2.3	+2.2	+8.8	−1.7	+1.6	+0.4	+13.4	−1.4	−1.9	+8.9	+14.6	−6.5
2023	+9.3	−0.3	−28.3	+0.6	−6.2	+2.8	+12.6	−6.4	−3.1	−3.6	+13.5	+10.3
2022	+1.8	+0.6	−9.5	−7.4	+3.4	−10.8	+8.1	+2.1	−3.3	+4.7	+2.1	−7.7
2021	+2.3	+17.2	+1.5	+4.3	+1.6	−3.4	−2.0	+6.8	+4.3	+3.8	−1.4	+0.0
2020	−5.3	−12.1	−25.9	+14.4	+2.5	−1.0	−0.3	+1.1	−1.4	+6.7	+13.8	+6.7
2019	+9.7	+5.4	−6.2	+10.8	−8.6	+3.8	+4.3	−8.3	+7.4	+2.5	+6.7	+1.2
2018	+5.7	+2.6	−4.0	+0.7	+0.4	−1.2	+3.9	+2.1	−5.8	−4.0	+3.4	−14.3
2017	−2.2	+6.7	−4.9	+1.7	−3.6	+2.8	−3.4	−3.5	+8.0	+6.2	+3.5	−0.4

Monthly total returns with dividends reinvested; each cell prints its signed value.

ZBK.TO Volatility & Risk

Volatility: 10 yrs · Beta: 3 yrs

Annualized volatility: 28.76%
Beta (3y): 1.76
Best year: +46.09%
Worst year: −16.67%

Volatility is the annualized standard deviation of daily returns. As of October 21, 2026.

Top Holdings

#	Symbol	Name	Weight
1	C	Citigroup Inc	5.91%
2	JPM	JPMorgan Chase & Co	5.71%
3	BAC	Bank of America Corp	5.64%
4	EWBC	East West Bancorp Inc	5.62%
5	CFG	Citizens Financial Group Inc	5.46%
6	GS	The Goldman Sachs Group Inc	5.41%
7	USB	U.S. Bancorp	5.4%
8	PNC	PNC Financial Services Group Inc	5.32%
9	FCNCA	First Citizens BancShares Inc Class A	5.26%
10	FITB	Fifth Third Bancorp	5.25%

Analysis

Data-derived

Fund Overview

BMO Equal Weight US Banks Index ETF (ZBK.TO) is an exchange-traded fund. Total net assets stand at CA$651.52M. The expense ratio is 0.39%. On a CA$10,000 position that is CA$39.00 a year. The fund is issued by BMO Asset Management Inc. It has been trading since February 10, 2014.

Its biggest positions are Citigroup Inc (C), JPMorgan Chase & Co (JPM), and Bank of America Corp (BAC). Citigroup Inc alone accounts for 5.91% of the portfolio. The ten largest positions together make up 54.99% of the fund.

Performance Analysis

The most recent close on file for ZBK.TO is CA$45.49, dated October 21, 2026. The trailing one-year total return is +20.02%. Across 10 years the annualized return works out at +11.64%. The fund distributes at a trailing yield of 1.81%.

The strongest complete calendar year on file is 2024 at +46.09%; the weakest is 2022 at −16.67%. Of the 9 complete calendar years on file, 5 finished higher. So far in 2026 the total return is +8.54%.

Price & Risk Profile

Annualized volatility over the trailing 10 years is 28.76%. Beta against the wider market is reported at 1.76. The 52-week range on file runs from CA$37.91 to CA$50.58. The latest close sits 19.99% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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