BMO US Preferred Share Index ETF (ZUP.TO) ETF Analysis

Fund Overview

BMO US Preferred Share Index ETF (ZUP.TO) is an exchange-traded fund. The fund is issued by BMO Asset Management Inc. It has been trading since February 3, 2017.

The largest positions on file are Brookfield Property Partners LP 5.75% PRF PERPETUAL USD 25 - Cls A Ser 3 (BPYPN), Whirlpool Corp 8.50% PRF PERPETUAL USD 1 - Ser A 1/20th Int (WHRPA), and Brookfield Property Partners LP Cls A Ser 1 (BPYPP). Brookfield Property Partners LP 5.75% PRF PERPETUAL USD 25 - Cls A Ser 3 alone accounts for 1.04% of the portfolio.

Performance Analysis

ZUP.TO last closed at CA$18.86 on September 4, 2026. Over the trailing twelve months the price has returned −1.95%. Measured over 5 years, that is +0.31% a year compounded. The trailing distribution yield is 6.12%.

2026 is still running; the price is +0.39% year to date. The strongest complete calendar year on file is 2024 at +17.48%; the weakest is 2022 at −14.27%. Of the 7 complete calendar years on file, 5 finished higher.

Price & Risk Profile

Annualized volatility over the trailing 8 years is 15.17%. Beta against the wider market is reported at 0.51. Over the past 52 weeks the price has ranged from CA$18.81 to CA$20.82. The latest close sits 0.27% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.