Fund Overview
BMO Europe High Dividend Covered Call Hedged to CAD ETF (ZWE.TO) is an exchange-traded fund. The fund holds CA$783.39M in total net assets. The expense ratio is 0.65%. On a CA$10,000 position that is CA$65.00 a year. BMO Asset Management Inc is the fund family on file. It has been trading since February 12, 2026.
BMO Europe High Dividend Cov Call ETF alone accounts for 99.92% of the portfolio.
Performance Analysis
The most recent close on file for ZWE.TO is CA$22.13, dated September 4, 2026. Over the trailing twelve months the price has returned +15.38%. Across 5 years the annualized return works out at +9.62%. The fund distributes at a trailing yield of 6.56%.
Across the complete calendar years on file, 2019 returned +22.06% and 2020 returned −8.67%. Of the 7 complete calendar years on file, 6 finished higher. 2026 is still running; the price is +9.40% year to date.
Price & Risk Profile
The 52-week range on file runs from CA$20.01 to CA$22.40. The latest close sits 10.57% above that 52-week low. Daily returns over the trailing 8 years annualize to a volatility of 16.11%. The reported beta is 0.65. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.