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StockVS

TSX · CAD · ETF

BMO Equal Weight Banks Index ETF (ZEB.TO) ETF Analysis

ZEB.TO
Expense ratio 0.28% Yield 2.39% Assets CA$7.52B Since October 20, 2009 Family BMO Asset Management Inc

Last Updated: October 21, 2026

CA$75.23
+CA$1.25 (+1.69%)

October 21, 2026 · Market close

Compare

Price History

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

Compare ZEB.TO with… →

ZEB.TO Annualized Returns

PeriodAnnualizedCA$100 becomes
1 year+46.67%CA$146.67
3 years+41.41%CA$282.76
5 years+19.13%CA$239.89
10 years+16.23%CA$450.02

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

ZEB.TO Return by Calendar Year

2016 and 2026 are partial years

View as table ↓View as chart ↑
YearReturn
2026 (partial year)+31.60%
2025+43.43%
2024+24.58%
2023+10.39%
2022−10.38%
2021+39.38%
2020+3.52%
2019+16.06%
2018−8.85%
2017+14.26%
2016 (partial year)+15.40%

ZEB.TO Monthly Returns

−19%+15%
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026−0.4+6.5−3.9+12.2+4.0+11.1+0.6−3.2−0.3+2.6——
2025+2.1−1.7−4.2+2.3+8.3+3.8+2.3+6.7+5.6+2.7+4.3+5.0
2024−1.8+1.7+5.9−4.1+2.7−3.5+6.8+4.0+6.1+0.9+5.4−1.1
2023+9.0−1.0−5.6+2.4−5.3+3.8+3.9−6.1−2.4−6.1+8.4+11.0
2022+6.1−0.3−2.2−6.5+3.0−10.2+3.1−3.3−1.4+3.8+4.6−6.2
2021+0.4+7.8+6.8+3.2+6.3+0.1−0.2+1.4−0.7+5.8−1.7+5.0
2020+1.2−5.6−18.2+0.8+2.0+3.8+1.5+9.8−4.8−0.2+14.8+2.2
2019+9.4+1.6−3.0+6.2−6.1+2.5+1.4−3.5+7.2+0.7+2.6−2.9
2018+1.5−2.8−1.3−0.3+1.7+0.5+2.7+2.0+0.1−6.9+0.8−6.7
2017+2.8+2.0−0.6−3.1−1.7+2.6+0.6−0.4+4.7+4.8+0.8+1.2

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

ZEB.TO Volatility & Risk

Volatility: 10 yrs · Beta: 3 yrs
Annualized volatility
17.15%
Beta (3y)
1.00
Best year
+43.43%

2025

Worst year
−10.38%

2022

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

Top Holdings

# Symbol Name Weight
1 BNS.TO Bank of Nova Scotia 17.82%
2 TD The Toronto-Dominion Bank 17.44%
3 RY Royal Bank of Canada 17.1%
4 BMO.TO Bank of Montreal 16.81%
5 CM.TO Canadian Imperial Bank of Commerce 15.69%
6 NA.TO National Bank of Canada 15.14%

Analysis

Data-derived

Fund Overview

BMO Equal Weight Banks Index ETF (ZEB.TO) is an exchange-traded fund. BMO Asset Management Inc is the fund family on file. The inception date on file is October 20, 2009. The fund holds CA$7.52B in total net assets. Annual costs run at an expense ratio of 0.28%. On a CA$10,000 position that is CA$28.00 a year.

The largest positions on file are Bank of Nova Scotia (BNS.TO), The Toronto-Dominion Bank (TD), and Royal Bank of Canada (RY). Bank of Nova Scotia alone accounts for 17.82% of the portfolio.

Performance Analysis

The most recent close on file for ZEB.TO is CA$75.23, dated October 21, 2026. The trailing one-year total return is +46.67%. Across 10 years the annualized return works out at +16.23%. The trailing distribution yield is 2.39%.

The strongest complete calendar year on file is 2025 at +43.43%; the weakest is 2022 at −10.38%. Of the 9 complete calendar years on file, 7 finished higher. So far in 2026 the total return is +31.60%.

Price & Risk Profile

Daily returns over the trailing 10 years annualize to a volatility of 17.15%. Beta against the wider market is reported at 1. Over the past 52 weeks the price has ranged from CA$52.41 to CA$78.82. The latest close sits 43.54% 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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