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

ZWEN.TO

Expense ratio 0.72% Yield 7.11% Assets CA$133.12M Since January 23, 2023 Family BMO Asset Management Inc

Last Updated: October 21, 2026

CA$40.82

+CA$0.30 (+0.74%)

October 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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ZWEN.TO Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	+60.52%	+60.52%	CA$160.52	CA$481.56
3 years	+76.32%	+20.81%	CA$176.32	CA$528.97
Since January 26, 2023	+89.10%	+18.60%	CA$189.10	CA$567.31

Returns are total returns computed from daily closes, with dividends reinvested. As of October 21, 2026.

ZWEN.TO Return by Calendar Year

2026 is a partial year

+2.68%+56.24%

2023202420252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	+56.24%
2025	+6.74%
2024	+10.43%
2023	+2.68%

ZWEN.TO Monthly Returns

−15%+13%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	+8.4	+8.4	+12.2	−1.9	−3.5	−2.0	+11.1	+4.0	+0.4	+10.2	—	—
2025	+2.9	+2.3	+3.2	−14.3	+3.4	+3.1	+3.1	+2.9	+2.1	−1.6	+3.4	−2.4
2024	+1.6	+1.8	+8.5	+0.1	−1.2	−0.9	+2.5	−2.5	−3.8	+3.2	+5.2	−3.9
2023	—	−2.0	−1.6	+2.7	−8.7	+3.7	+5.8	+4.6	+2.9	−0.3	−0.3	−2.2

Monthly total returns with dividends reinvested; each cell prints its signed value.

ZWEN.TO Volatility & Risk

Volatility: 3 yrs · Beta: 3 yrs

Annualized volatility: 17.95%
Beta (3y): 0.74
Best year: +10.43%
Worst year: +2.68%

Volatility is the annualized standard deviation of daily returns. As of October 21, 2026.

Top Holdings

#	Symbol	Name	Weight
1	VLO	Valero Energy Corp	6.99%
2	MPC	Marathon Petroleum Corp	6.89%
3	PSX	Phillips 66	6.63%
4	EQNR	Equinor ASA ADR	5.21%
5	SU.TO	Suncor Energy Inc	5.07%
6	SHEL	Shell PLC ADR (Representing - Ordinary Shares)	4.89%
7	PBR	Petroleo Brasileiro SA Petrobras ADR	4.85%
8	COP	ConocoPhillips	4.84%
9	EOG	EOG Resources Inc	4.83%
10	CVX	Chevron Corp	4.83%

Analysis

Data-derived

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$133.12M. The expense ratio is 0.72%. On a CA$10,000 position that is CA$72.00 a year.

The largest positions on file are Valero Energy Corp (VLO), Marathon Petroleum Corp (MPC), and Phillips 66 (PSX). Valero Energy Corp alone accounts for 6.99% of the portfolio. The ten largest positions together make up 55.04% of the fund.

Performance Analysis

The most recent close on file for ZWEN.TO is CA$40.82, dated October 21, 2026. The trailing one-year total return is +60.52%. Across 3 years the annualized return works out at +20.81%. The trailing distribution yield is 7.11%.

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 total return is +56.24% year to date.

Price & Risk Profile

Over the past 52 weeks the price has ranged from CA$27.23 to CA$41.12. The latest close sits 49.91% above that 52-week low. Annualized volatility over the trailing 3 years is 17.95%. Beta against the wider market is reported at 0.74. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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