BMO Monthly Income ETF (ZMI.TO) ETF Analysis

Fund Overview

BMO Monthly Income ETF (ZMI.TO) is an exchange-traded fund. Annual costs run at an expense ratio of 0.18%. On a CA$10,000 position that is CA$18.00 a year. BMO Asset Management Inc is the fund family on file. The inception date on file is January 24, 2022.

Its biggest positions are BMO Corporate Bond ETF (ZCB.TO), BMO US Dividend ETF (CAD) (ZDY.TO), and BMO Global High Dividend Cvrd Call ETF (ZWG.TO). BMO Corporate Bond ETF alone accounts for 24.42% of the portfolio.

Performance Analysis

The most recent close on file for ZMI.TO is CA$19.95, dated September 4, 2026. Over the trailing twelve months the price has returned +11.74%. Across 5 years the annualized return works out at +7.23%. The trailing distribution yield is 3.73%.

Across the complete calendar years on file, 2024 returned +13.43% and 2022 returned −5.89%. Of the 7 complete calendar years on file, 6 finished higher. 2026 is still running; the price is +10.32% year to date.

Price & Risk Profile

The 52-week range on file runs from CA$17.96 to CA$20.20. The latest close sits 11.08% above that 52-week low. Daily returns over the trailing 8 years annualize to a volatility of 9.74%. The reported beta is 0.95. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.