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BMO Canadian MBS Index ETF (ZMBS.TO) ETF Analysis

ZMBS.TO

Expense ratio 0.17% Yield 3.07% Assets CA$438.43M Since January 28, 2020 Family BMO Asset Management Inc

Last Updated: October 21, 2026

CA$30.40

+CA$0.07 (+0.23%)

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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ZMBS.TO Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	+1.48%	+1.48%	CA$101.48	CA$304.43
3 years	+13.68%	+4.37%	CA$113.68	CA$341.04
5 years	+11.29%	+2.16%	CA$111.29	CA$333.88
Since February 26, 2020	+13.98%	+1.99%	CA$113.98	CA$341.94

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

ZMBS.TO Return by Calendar Year

2020 and 2026 are partial years

−3.11%+5.20%+1.35%

2020*202120222023202420252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	+1.35%
2025	+3.73%
2024	+5.20%
2023	+3.90%
2022	−3.11%
2021	−0.72%
2020 (partial year)	+3.13%

ZMBS.TO Monthly Returns

−2%+2%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	+0.4	+0.5	−0.5	+0.1	+0.5	+0.3	+0.1	+0.1	−0.5	+0.4	—	—
2025	+0.5	+0.6	+0.5	+0.1	+0.2	+0.2	−0.0	+0.4	+0.6	+0.5	+0.3	−0.2
2024	−0.2	+0.1	+0.5	−0.1	+0.6	+0.9	+0.8	+0.7	+0.7	+0.2	+0.3	+0.6
2023	+0.6	−0.6	+1.2	+0.1	−0.6	−0.4	+0.2	+0.4	+0.1	+0.6	+1.2	+1.0
2022	−0.7	−0.3	−1.5	−0.4	+0.0	−0.7	+0.9	−1.1	−0.1	+0.1	+0.2	+0.4
2021	+0.3	−0.6	+0.2	+0.0	−0.0	+0.0	+0.0	+0.2	+0.0	−1.4	+0.2	+0.3
2020	—	—	+1.1	+1.0	+0.1	+0.3	+0.3	−0.1	+0.3	+0.0	+0.2	−0.2

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

ZMBS.TO Volatility & Risk

Volatility: 6 yrs

Annualized volatility: 2.06%
Best year: +5.20%
Worst year: −3.11%

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

Analysis

Data-derived

Fund Overview

BMO Canadian MBS Index ETF (ZMBS.TO) is an exchange-traded fund. The fund holds CA$438.43M in total net assets. Annual costs run at an expense ratio of 0.17%. On a CA$10,000 position that is CA$17.00 a year. The fund is issued by BMO Asset Management Inc. It has been trading since January 28, 2020.

Performance Analysis

The most recent close on file for ZMBS.TO is CA$30.40, dated October 21, 2026. Over the trailing twelve months the total return is +1.48%. Measured over 5 years, that is +2.16% a year compounded. The trailing distribution yield is 3.07%.

The strongest complete calendar year on file is 2024 at +5.20%; the weakest is 2022 at −3.11%. Of the 5 complete calendar years on file, 3 finished higher. 2026 is still running; the total return is +1.35% year to date.

Price & Risk Profile

Annualized volatility over the trailing 6 years is 2.06%. The 52-week range on file runs from CA$30.27 to CA$30.91. The latest close sits 0.43% 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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