BMO Covered Call Energy ETF (ZWEN.TO) ETF Analysis

Fund Overview

BMO Covered Call Energy ETF (ZWEN.TO) is an exchange-traded fund. The fund is issued by BMO Asset Management Inc. It has been trading since January 23, 2023. Total net assets stand at CA$134.24M.

The largest positions on file are Valero Energy Corp (VLO), Marathon Petroleum Corp (MPC), and Phillips 66 (PSX). Valero Energy Corp alone accounts for 6.53% of the portfolio. The ten largest positions together make up 53.79% of the fund.

Performance Analysis

The most recent close on file for ZWEN.TO is CA$37.21, dated September 4, 2026. The trailing one-year price return is +44.34%. Across 3 years the annualized return works out at +17.76%. The trailing distribution yield is 7.35%.

Across the complete calendar years on file, 2024 returned +10.43% and 2023 returned +2.68%. Of the 3 complete calendar years on file, 3 finished higher. 2026 is still running; the price is +41.59% year to date.

Price & Risk Profile

Over the past 52 weeks the price has ranged from CA$27.23 to CA$37.70. The latest close sits 36.65% above that 52-week low. Annualized volatility over the trailing 3 years is 17.84%. Beta against the wider market is reported at 0.75. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.