BMO Canadian Dividend ETF (ZDV.TO) ETF Analysis

Fund Overview

BMO Canadian Dividend ETF (ZDV.TO) is an exchange-traded fund. BMO Asset Management Inc is the fund family on file. The inception date on file is October 21, 2011. Total net assets stand at CA$1.91B. The expense ratio is 0.35%. On a CA$10,000 position that is CA$35.00 a year.

Its biggest positions are Royal Bank of Canada (RY), The Toronto-Dominion Bank (TD), and Bank of Nova Scotia (BNS.TO). Royal Bank of Canada alone accounts for 8.8% of the portfolio. The ten largest positions together make up 44.98% of the fund.

Performance Analysis

ZDV.TO last closed at CA$33.56 on September 4, 2026. The trailing one-year price return is +28.44%. Across 5 years the annualized return works out at +14.09%. The fund distributes at a trailing yield of 2.63%.

So far in 2026 the price is +25.07%. The strongest complete calendar year on file is 2021 at +28.40%; the weakest is 2020 at −3.84%. Of the 7 complete calendar years on file, 5 finished higher.

Price & Risk Profile

Over the past 52 weeks the price has ranged from CA$25.04 to CA$33.87. The latest close sits 34.03% above that 52-week low. Annualized volatility over the trailing 8 years is 16.42%. The reported beta is 0.86. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.