Fund Overview
BMO US Put Write Hedged to CAD ETF (ZPH.TO) is an exchange-traded fund. The fund is issued by BMO Asset Management Inc. It has been trading since February 3, 2017. Total net assets stand at CA$35.31M. Annual costs run at an expense ratio of 0.65%. On a CA$10,000 position that is CA$65.00 a year.
BMO US Put Write ETF alone accounts for 99.87% of the portfolio.
Performance Analysis
The most recent close on file for ZPH.TO is CA$14.11, dated September 4, 2026. The trailing one-year price return is +9.98%. Measured over 5 years, that is +5.81% a year compounded. The trailing distribution yield is 10.4%.
The strongest complete calendar year on file is 2023 at +22.61%; the weakest is 2022 at −10.38%. Of the 7 complete calendar years on file, 6 finished higher. So far in 2026 the price is +5.62%.
Price & Risk Profile
The 52-week range on file runs from CA$13.15 to CA$14.54. The latest close sits 7.34% above that 52-week low. Annualized volatility over the trailing 8 years is 13.59%. The reported beta is 0.34. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.