Key stats
About BMO EQUAL WEIGHT US BKS IDX ETF CAD UNITS
Home page
Inception date
Feb 10, 2014
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
The fund is passively managed to provide exposure to the large-cap banking segment of the US financials sector. This includes commercial banks, savings institutions, and diversified investment. To be eligible for inclusion, companies must meet investability and liquidity requirements, including a minimum market capitalization of $10 billion. The index weights the resulting portfolio equally, instead of by market-cap, which lowers single-name blow-up risk and may cause a tilt to smaller firms. The index is reconstituted on a semi-annual basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.97%
Finance99.97%
Bonds, Cash & Other0.03%
Cash0.03%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZBK top holdings are JPMorgan Chase & Co. and Wells Fargo & Company, occupying 7.25% and 6.91% of the portfolio correspondingly.
ZBK last dividends amounted to 0.20 CAD. The quarter before, the issuer paid 0.20 CAD in dividends,
ZBK assets under management is 921.22 M CAD. It's risen 37.14% over the last month.
ZBK fund flows account for 131.79 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, ZBK pays dividends to its holders with the dividend yield of 2.28%. The last dividend (Apr 2, 2025) amounted to 0.19 CAD. The dividends are paid quarterly.
ZBK shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Feb 10, 2014, and its management style is Passive.
ZBK expense ratio is 0.38% meaning you'd have to pay 0.38% of your investment to help manage the fund.
ZBK follows the Solactive Equal Weight US Bank Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZBK invests in stocks.
ZBK price has risen by 7.88% over the last month, and its yearly performance shows a 17.27% increase. See more dynamics on ZBK price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.85% over the last month, showed a −11.58% decrease in three-month performance and has increased by 20.87% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.85% over the last month, showed a −11.58% decrease in three-month performance and has increased by 20.87% in a year.
ZBK trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.