Fund Overview
BMO Premium Yield ETF (ZPAY.TO) is an exchange-traded fund. The expense ratio is 0.65%. On a CA$10,000 position that is CA$65.00 a year. The fund is issued by BMO Asset Management Inc. It has been trading since January 15, 2020.
The largest positions on file are Apple Inc (AAPL), Microsoft Corp (MSFT), and Alphabet Inc Class A (GOOGL). Apple Inc alone accounts for 5.14% of the portfolio.
Performance Analysis
ZPAY.TO last closed at CA$33.31 on September 4, 2026. Over the trailing twelve months the price has returned +8.76%. Measured over 5 years, that is +7.75% a year compounded. The trailing distribution yield is 7.16%.
The strongest complete calendar year on file is 2024 at +16.76%; the weakest is 2022 at −6.49%. Of the 6 complete calendar years on file, 5 finished higher. So far in 2026 the price is +8.34%.
Price & Risk Profile
Daily returns over the trailing 6 years annualize to a volatility of 9.98%. Beta against the wider market is reported at 0.19. The 52-week range on file runs from CA$30.60 to CA$34.06. The latest close sits 8.86% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.