Fund Overview
BMO US High Dividend Covered Call Hedged to CAD ETF (ZWS.TO) is an exchange-traded fund. BMO Asset Management Inc is the fund family on file. It has been trading since February 12, 2026. Total net assets stand at CA$121.49M. Annual costs run at an expense ratio of 0.65%. On a CA$10,000 position that is CA$65.00 a year.
BMO US High Dividend Covered Call ETF alone accounts for 99.98% of the portfolio.
Performance Analysis
The most recent close on file for ZWS.TO is CA$22.00, dated September 4, 2026. The trailing one-year price return is +15.02%. Measured over 5 years, that is +6.41% a year compounded. The fund distributes at a trailing yield of 6.02%.
2026 is still running; the price is +10.38% year to date. The strongest complete calendar year on file is 2021 at +24.38%; the weakest is 2022 at −7.50%. Of the 7 complete calendar years on file, 6 finished higher.
Price & Risk Profile
Annualized volatility over the trailing 8 years is 17.53%. The reported beta is 0.57. The 52-week range on file runs from CA$20.20 to CA$22.80. The latest close sits 8.91% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.