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

Fund Overview

BMO Equal Weight US Banks Index ETF (ZBK.TO) is an exchange-traded fund. Total net assets stand at CA$804.19M. The fund is issued by BMO Asset Management Inc. It has been trading since February 10, 2014.

Its biggest positions are Bank of America Corp (BAC), Citigroup Inc (C), and The Goldman Sachs Group Inc (GS). Bank of America Corp alone accounts for 5.43% of the portfolio. The ten largest positions together make up 52.19% of the fund.

Performance Analysis

The most recent close on file for ZBK.TO is CA$48.33, dated September 4, 2026. The trailing one-year price return is +20.20%. Across 5 years the annualized return works out at +10.38%. The fund distributes at a trailing yield of 1.64%.

The strongest complete calendar year on file is 2024 at +46.07%; the weakest is 2022 at −16.67%. Of the 7 complete calendar years on file, 4 finished higher. So far in 2026 the price is +14.78%.

Price & Risk Profile

Annualized volatility over the trailing 8 years is 30.57%. Beta against the wider market is reported at 1.78. The 52-week range on file runs from CA$37.18 to CA$50.58. The latest close sits 29.98% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.