Key stats
About BMO CLEAN ENRGY INDEX ETF CAD UNITS
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Inception date
Jan 20, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
BMO Asset Management, Inc.
The fund holds a narrow portfolio of all-cap, global clean energy companies, which it defines as those involved in the biofuels, ethanol, geothermal, hydroelectric, solar, and wind industries. Aside from holding the companies that produce energy through these means, ZCLN also includes companies that develop technology and equipment used in the process. To hone in on the clean energy theme, ZCLN takes large concentrated positions in about 30 companies, which are then weighted by market-cap and rebalanced on a quarterly basis.
Classification
What's in the fund
Exposure type
Utilities
Electronic Technology
Producer Manufacturing
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ZCLN trades at 13.41 CAD today, its price has risen 1.97% in the past 24 hours. Track more dynamics on ZCLN price chart.
ZCLN net asset value is 13.31 today — it's risen 5.97% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ZCLN assets under management is 52.06 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ZCLN price has risen by 7.78% over the last month, and its yearly performance shows a −14.69% decrease. See more dynamics on ZCLN price chart.
NAV returns, another gauge of an ETF dynamics, showed a 5.50% increase in three-month performance and has decreased by −13.44% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 5.50% increase in three-month performance and has decreased by −13.44% in a year.
ZCLN fund flows account for −8.21 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ZCLN invests in stocks. See more details in our Analysis section.
ZCLN expense ratio is 0.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ZCLN isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ZCLN technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ZCLN shows the neutral signal. See more of ZCLN technicals for a more comprehensive analysis.
Today, ZCLN technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ZCLN shows the neutral signal. See more of ZCLN technicals for a more comprehensive analysis.
Yes, ZCLN pays dividends to its holders with the dividend yield of 1.97%.
ZCLN trades at a premium (1.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ZCLN shares are issued by Bank of Montreal
ZCLN follows the S&P Global Clean Energy Transition. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 20, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.