BMO US Put Write ETF (ZPW.TO) ETF Analysis

Fund Overview

BMO US Put Write ETF (ZPW.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 September 2, 2015.

Its biggest positions are Microsoft Corp (MSFT), Meta Platforms Inc Class A (META), and Apple Inc (AAPL). Microsoft Corp alone accounts for 5.3% of the portfolio. The ten largest positions together make up 30.37% of the fund.

Performance Analysis

ZPW.TO last closed at CA$15.89 on September 4, 2026. The trailing one-year price return is +12.14%. Across 5 years the annualized return works out at +9.15%. The fund distributes at a trailing yield of 9.52%.

The strongest complete calendar year on file is 2023 at +21.83%; the weakest is 2022 at −4.23%. Of the 7 complete calendar years on file, 5 finished higher. So far in 2026 the price is +7.98%.

Price & Risk Profile

Daily returns over the trailing 8 years annualize to a volatility of 12.5%. The reported beta is 0.21. The 52-week range on file runs from CA$14.75 to CA$16.19. The latest close sits 7.73% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.