BMO Equal Weight Global Base Metals Hedged to CAD Index ETF (ZMT.TO) ETF Analysis

Fund Overview

BMO Equal Weight Global Base Metals Hedged to CAD Index ETF (ZMT.TO) is an exchange-traded fund. The fund is issued by BMO Asset Management Inc. It has been trading since October 20, 2009. The fund holds CA$76.94M in total net assets.

The largest positions on file are Hudbay Minerals Inc (HBM.TO), Luxfer Holdings PLC (LXFR), and Carpenter Technology Corp (CRS). Hudbay Minerals Inc alone accounts for 5.1% of the portfolio. The ten largest positions together make up 33.62% of the fund.

Performance Analysis

The most recent close on file for ZMT.TO is CA$133.95, dated September 4, 2026. Over the trailing twelve months the price has returned +69.90%. Measured over 5 years, that is +20.64% a year compounded. The fund distributes at a trailing yield of 0.18%.

So far in 2026 the price is +26.07%. Across the complete calendar years on file, 2025 returned +63.17% and 2022 returned −6.65%. Of the 7 complete calendar years on file, 6 finished higher.

Price & Risk Profile

The 52-week range on file runs from CA$79.96 to CA$153.63. The latest close sits 67.52% above that 52-week low. Annualized volatility over the trailing 8 years is 35.77%. The reported beta is 0.89. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.