BMO Global High Dividend Covered Call ETF (ZWG.TO) ETF Analysis

Fund Overview

BMO Global High Dividend Covered Call ETF (ZWG.TO) is an exchange-traded fund. The fund holds CA$318.74M 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. The inception date on file is February 12, 2026.

The largest positions on file are Cisco Systems Inc (CSCO), AbbVie Inc (ABBV), and Merck & Co Inc (MRK). Cisco Systems Inc alone accounts for 4.84% of the portfolio. The ten largest positions together make up 42.61% of the fund.

Performance Analysis

The most recent close on file for ZWG.TO is CA$36.56, dated September 4, 2026. Over the trailing twelve months the price has returned +17.19%. Across 5 years the annualized return works out at +9.97%. The trailing distribution yield is 5.87%.

Across the complete calendar years on file, 2024 returned +21.25% and 2022 returned −4.57%. Of the 6 complete calendar years on file, 5 finished higher. 2026 is still running; the price is +13.67% year to date.

Price & Risk Profile

Annualized volatility over the trailing 6 years is 11.64%. Beta against the wider market is reported at 0.67. The 52-week range on file runs from CA$32.04 to CA$38.01. The latest close sits 14.11% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.