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BMO Equal Weight Global Gold Index ETF (ZGD.TO) ETF Analysis

ZGD.TO

Expense ratio 0.6% Yield 0.19% Assets CA$367.83M Since November 14, 2012 Family BMO Asset Management Inc

Last Updated: October 21, 2026

CA$29.28

+CA$0.18 (+0.62%)

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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ZGD.TO Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	+29.78%	+29.78%	CA$129.78	CA$389.34
3 years	+315.84%	+60.81%	CA$415.84	CA$1,247.51
5 years	+338.34%	+34.39%	CA$438.34	CA$1,315.03
10 years	+425.32%	+18.04%	CA$525.32	CA$1,575.97

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

ZGD.TO Return by Calendar Year

2016 and 2026 are partial years

−32.86%+170.64%+7.06%

2016*2017201820192020202120222023202420252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	+7.06%
2025	+170.64%
2024	+37.48%
2023	+10.17%
2022	−2.30%
2021	−12.57%
2020	+26.59%
2019	+51.84%
2018	−12.09%
2017	−0.73%
2016 (partial year)	−32.86%

ZGD.TO Monthly Returns

−19%+43%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	+8.1	+27.2	−18.7	−4.3	+4.4	−13.4	−3.9	+31.3	−7.3	−5.3	—	—
2025	+14.9	+0.1	+17.3	+4.3	+4.1	+4.7	−1.1	+23.3	+22.6	−3.8	+17.6	+4.2
2024	−8.8	−4.0	+25.0	+7.9	+8.6	−5.1	+11.9	+1.1	+2.4	+6.8	−4.3	−4.7
2023	+10.0	−12.3	+21.9	+3.2	−9.0	−7.0	+6.1	−3.2	−11.4	+9.1	+11.2	−3.0
2022	−5.2	+14.1	+8.7	−6.7	−11.3	−11.7	−4.7	−7.4	+10.4	−2.8	+18.6	+1.3
2021	−6.8	−12.0	+3.7	+2.7	+13.3	−11.2	+2.4	−5.2	−9.0	+7.9	+6.0	−1.4
2020	−2.1	−10.8	−10.8	+42.8	+6.8	+5.4	+19.7	−3.9	−7.3	−3.6	−9.5	+8.5
2019	+8.1	+1.6	+0.4	−7.7	+1.3	+18.7	+8.5	+14.7	−12.6	+8.0	−2.2	+8.0
2018	−5.4	−3.3	+1.8	+1.9	−0.4	+0.7	−3.8	−13.4	−3.2	+0.3	+0.0	+14.2
2017	+12.1	−4.5	+1.9	−3.6	−1.9	−2.2	−2.3	+8.9	−4.7	−3.6	−2.4	+3.1

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

ZGD.TO Volatility & Risk

Volatility: 10 yrs · Beta: 3 yrs

Annualized volatility: 37.66%
Beta (3y): 1.08
Best year: +170.64%
Worst year: −12.57%

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

Top Holdings

#	Symbol	Name	Weight
1	CDE	Coeur Mining Inc	3.81%
2	WDO.TO	Wesdome Gold Mines Ltd	3.1%
3	EQX.TO	Equinox Gold Corp Ordinary Shares Class A	3.04%
4	ORE.TO	Orezone Gold Corp	2.76%
5	MAU.TO	Montage Gold Corp Ordinary Shares	2.69%
6	CG.TO	Centerra Gold Inc	2.66%
7	SSRM.TO	SSR Mining Inc	2.62%
8	SXGC.TO	Southern Cross Gold Consolidated Ltd	2.48%
9	DSV.TO	Discovery Mining Ltd	2.45%
10	AUGO	Aura Minerals Inc	2.42%

Analysis

Data-derived

Fund Overview

BMO Equal Weight Global Gold Index ETF (ZGD.TO) is an exchange-traded fund. BMO Asset Management Inc is the fund family on file. It has been trading since November 14, 2012. The fund holds CA$367.83M in total net assets. Annual costs run at an expense ratio of 0.6%. On a CA$10,000 position that is CA$60.00 a year.

The largest positions on file are Coeur Mining Inc (CDE), Wesdome Gold Mines Ltd (WDO.TO), and Equinox Gold Corp Ordinary Shares Class A (EQX.TO). Coeur Mining Inc alone accounts for 3.81% of the portfolio. The ten largest positions together make up 28.03% of the fund.

Performance Analysis

The most recent close on file for ZGD.TO is CA$29.28, dated October 21, 2026. The trailing one-year total return is +29.78%. Measured over 10 years, that is +18.04% a year compounded. The trailing distribution yield is 0.19%.

The strongest complete calendar year on file is 2025 at +170.64%; the weakest is 2021 at −12.57%. Of the 9 complete calendar years on file, 5 finished higher. So far in 2026 the total return is +7.06%.

Price & Risk Profile

The 52-week range on file runs from CA$21.13 to CA$38.50. The latest close sits 38.6% above that 52-week low. Annualized volatility over the trailing 10 years is 37.66%. The reported beta is 1.08. 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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