BMO Conservative ETF (ZCON.TO) ETF Analysis

Fund Overview

BMO Conservative ETF (ZCON.TO) is an exchange-traded fund. The fund is issued by BMO Asset Management Inc. The inception date on file is February 12, 2019. Total net assets stand at CA$111.28M. Annual costs run at an expense ratio of 0.15%. On a CA$10,000 position that is CA$15.00 a year.

The largest positions on file are BMO Discount Bond ETF (ZDB.TO), BMO S&P 500 ETF (CAD) (ZSP.TO), and BMO US Aggregate Bond ETF Hedged Units (ZUAG-F.TO). BMO Discount Bond ETF alone accounts for 41.79% of the portfolio.

Performance Analysis

The most recent close on file for ZCON.TO is CA$13.25, dated September 4, 2026. Over the trailing twelve months the price has returned +9.62%. Measured over 5 years, that is +4.99% a year compounded. The trailing distribution yield is 1.92%.

The strongest complete calendar year on file is 2024 at +11.50%; the weakest is 2022 at −11.01%. Of the 6 complete calendar years on file, 5 finished higher. So far in 2026 the price is +6.13%.

Price & Risk Profile

Annualized volatility over the trailing 7 years is 8.18%. The reported beta is 1.29. Over the past 52 weeks the price has ranged from CA$12.38 to CA$13.41. The latest close sits 6.99% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.