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BMO SIA Focused North American Equity Fund ETF Series (ZFN.TO) ETF Analysis

ZFN.TO

Expense ratio 0.8% Yield 0.54% Assets CA$292.40M Since December 6, 2018 Family BMO Investments Inc.

Last Updated: October 21, 2026

CA$58.13

+CA$0.61 (+1.06%)

October 21, 2026 · Market close

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Price History

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

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ZFN.TO Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	−5.50%	−5.50%	CA$94.50	CA$283.49
3 years	+54.86%	+15.69%	CA$154.86	CA$464.57
5 years	+54.90%	+9.15%	CA$154.90	CA$464.70
Since December 11, 2018	+104.33%	+9.52%	CA$204.33	CA$612.98

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

ZFN.TO Return by Calendar Year

2018 and 2026 are partial years

+36.75%−6.69%

2018*20192020202120222023202420252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	−6.69%
2025	+12.52%
2024	+36.75%
2023	+9.08%
2022	−3.72%
2021	+16.80%
2020	+7.05%
2019	+10.34%
2018 (partial year)	−1.78%

ZFN.TO Monthly Returns

−9%+11%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	+1.4	−1.4	−6.9	+4.4	+1.1	+10.3	−6.6	−4.2	−5.2	+1.5	—	—
2025	+7.1	+0.8	−8.0	−3.9	+3.4	+3.2	−0.4	+3.1	+5.0	+4.3	−0.5	−1.4
2024	+8.0	+6.9	+1.2	−2.3	+3.8	+4.2	−0.5	+1.1	+0.5	+2.9	+7.3	−0.9
2023	−1.1	+1.6	−1.5	+1.2	+2.0	+4.0	+1.9	+0.2	−6.4	−0.2	+5.1	+2.2
2022	−1.8	+0.0	+0.6	+2.2	+3.5	−6.0	−0.3	+1.4	−0.6	−0.4	+1.9	−3.7
2021	+2.8	+3.7	−1.9	+1.7	+1.8	+0.7	−2.7	+6.7	−1.8	+3.8	+2.2	−0.8
2020	+6.5	−7.7	−8.1	+0.3	+4.4	−1.8	+5.2	+6.1	+0.1	−5.3	+4.5	+4.2
2019	−0.2	+3.1	+3.0	+2.6	−2.2	+2.3	+1.5	+4.2	−4.2	−2.7	+3.1	−0.3

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

ZFN.TO Volatility & Risk

Volatility: 7 yrs · Beta: 3 yrs

Annualized volatility: 16.29%
Beta (3y): 0.97
Best year: +36.75%
Worst year: −3.72%

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

Top Holdings

#	Symbol	Name	Weight
1	PLTR	Palantir Technologies Inc Ordinary Shares - Class A	6.62%
2	MFC.TO	Manulife Financial Corp	6.42%
3	CM.TO	Canadian Imperial Bank of Commerce	6.29%
4	AMD	Advanced Micro Devices Inc	6.25%
5	MRK	Merck & Co Inc	6.21%
6	SU.TO	Suncor Energy Inc	6.09%
7	POW.PR.E	Power Corporation of Canada Participating Preferred	5.96%
8	BNY	Bank of New York Mellon Corp	5.96%
9	CNQ.TO	Canadian Natural Resources Ltd	5.85%
10	CVE.TO	Cenovus Energy Inc	5.85%

Analysis

Data-derived

Fund Overview

BMO SIA Focused North American Equity Fund ETF Series (ZFN.TO) is an exchange-traded fund. BMO Investments Inc. is the fund family on file. The inception date on file is December 6, 2018. Total net assets stand at CA$292.40M. Annual costs run at an expense ratio of 0.8%. On a CA$10,000 position that is CA$80.00 a year.

Its biggest positions are Palantir Technologies Inc Ordinary Shares - Class A (PLTR), Manulife Financial Corp (MFC.TO), and Canadian Imperial Bank of Commerce (CM.TO). Palantir Technologies Inc Ordinary Shares - Class A alone accounts for 6.62% of the portfolio. The ten largest positions together make up 61.49% of the fund.

Performance Analysis

ZFN.TO last closed at CA$58.13 on October 21, 2026. Over the trailing twelve months the total return is −5.50%. Across 5 years the annualized return works out at +9.15%. The trailing distribution yield is 0.54%.

Across the complete calendar years on file, 2024 returned +36.75% and 2022 returned −3.72%. Of the 7 complete calendar years on file, 6 finished higher. 2026 is still running; the total return is −6.69% year to date.

Price & Risk Profile

Annualized volatility over the trailing 7 years is 16.29%. The reported beta is 0.97. The 52-week range on file runs from CA$56.56 to CA$67.51. The latest close sits 2.78% 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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