BMO Equal Weight Oil & Gas Index ETF (ZEO.TO) ETF Analysis

Fund Overview

BMO Equal Weight Oil & Gas Index ETF (ZEO.TO) is an exchange-traded fund. Total net assets stand at CA$465.06M. The fund is issued by BMO Asset Management Inc. It has been trading since October 20, 2009.

Its biggest positions are Cenovus Energy Inc (CVE.TO), ARC Resources Ltd (ARX.TO), and Suncor Energy Inc (SU.TO). Cenovus Energy Inc alone accounts for 9.96% of the portfolio. The ten largest positions together make up 85.3% of the fund.

Performance Analysis

ZEO.TO last closed at CA$110.12 on September 4, 2026. Over the trailing twelve months the price has returned +44.41%. Measured over 5 years, that is +26.57% a year compounded. The trailing distribution yield is 2.67%.

Across the complete calendar years on file, 2021 returned +63.58% and 2020 returned −28.62%. Of the 7 complete calendar years on file, 6 finished higher. 2026 is still running; the price is +39.89% year to date.

Price & Risk Profile

Over the past 52 weeks the price has ranged from CA$76.16 to CA$113.39. The latest close sits 44.59% above that 52-week low. Daily returns over the trailing 8 years annualize to a volatility of 28.88%. Beta against the wider market is reported at 0.64. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.