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BMO Canadian Dividend ETF (ZDV : TSX)

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Canadian Div & Inc Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeA Click for more information on Fundata’s ESG Grade

Fundata ESG Grade A

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Close
(04-18-2024) 		$19.69
Change
$0.06 (0.31%)
Open $19.64
Day Range $19.60 - $19.75
Volume 34,811

As at March 31, 2024

As at March 31, 2024

As at February 29, 2024

  • Closing Price / Volume
Period
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Legend

BMO Canadian Dividend ETF

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Fund Returns

Inception Return (October 21, 2011): 7.22%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 3.60% 4.90% 14.33% 4.90% 9.55% 1.28% 9.25% 16.84% 8.46% 8.59% 6.93% 8.46% 6.64% 6.01%
Benchmark 4.14% 6.62% 15.26% 6.62% 13.96% 3.95% 9.11% 16.99% 9.96% 9.65% 8.48% 9.70% 7.76% 7.67%
Category Average 2.88% 13.24% 13.24% 5.34% 9.89% 1.74% 7.86% 13.92% 7.75% 7.60% 6.53% 7.55% 6.30% 6.18%
Category Rank 100 / 458 349 / 453 136 / 451 349 / 453 318 / 448 341 / 437 114 / 410 78 / 396 160 / 387 129 / 360 179 / 336 109 / 308 137 / 268 172 / 256
Quartile Ranking 1 4 2 4 3 4 2 1 2 2 3 2 3 3

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 3.77% -6.36% 2.53% 1.19% -2.15% -2.87% -2.73% 7.27% 4.45% -0.21% 1.47% 3.60%
Benchmark 2.90% -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14%

Best Monthly Return Since Inception

12.16% (November 2020)

Worst Monthly Return Since Inception

-21.81% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 6.18% -13.13% 24.15% 7.71% -10.65% 22.59% -3.38% 28.59% -1.62% 8.19%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 8.23% -6.21% 17.48% 7.25% -7.75% 18.42% -1.18% 26.41% -3.72% 7.17%
Quartile Ranking 4 4 1 3 4 1 4 2 2 2
Category Rank 199/ 244 244/ 267 22/ 303 171/ 334 317/ 359 29/ 381 305/ 396 145/ 408 126/ 431 175/ 442

Best Calendar Return (Last 10 years)

28.59% (2021)

Worst Calendar Return (Last 10 years)

-13.13% (2015)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 96.71
Income Trust Units 2.92
Cash and Equivalents 0.37

Sector Allocation

Sector Allocation
Name Percent
Financial Services 41.76
Energy 19.94
Telecommunications 8.54
Industrial Services 8.16
Basic Materials 7.09
Other 14.51

Geographic Allocation

Geographic Allocation
Name Percent
North America 97.08
Latin America 2.92

Top Holdings

Top Holdings
Name Percent
Bank of Nova Scotia 5.33
Royal Bank of Canada 5.25
Canadian Natural Resources Ltd 5.09
Enbridge Inc 4.91
Canadian Imperial Bank of Commerce 4.87
Toronto-Dominion Bank 4.46
Manulife Financial Corp 4.42
Bank of Montreal 4.04
BCE Inc 3.90
Canadian National Railway Co 3.77

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

BMO Canadian Dividend ETF

Median

Other - Canadian Div & Inc Equity

3 Yr Annualized

Standard Deviation 12.69% 16.21% 13.14%
Beta 0.92% 0.99% 0.98%
Alpha 0.01% -0.01% -0.01%
Rsquared 0.93% 0.91% 0.89%
Sharpe 0.56% 0.47% 0.41%
Sortino 0.79% 0.53% 0.38%
Treynor 0.08% 0.08% 0.05%
Tax Efficiency 80.83% 78.52% 70.34%
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 13.31% 12.69% 16.21% 13.14%
Beta 1.02% 0.92% 0.99% 0.98%
Alpha -0.04% 0.01% -0.01% -0.01%
Rsquared 0.96% 0.93% 0.91% 0.89%
Sharpe 0.39% 0.56% 0.47% 0.41%
Sortino 0.84% 0.79% 0.53% 0.38%
Treynor 0.05% 0.08% 0.08% 0.05%
Tax Efficiency 80.96% 80.83% 78.52% 70.34%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date October 21, 2011
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -
52 Week High $20.40
52 Week Low $17.42
Annual Dividend $0.86
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

BMO Canadian Dividend ETF has been designed to provide exposure to a yield weighted portfolio of Canadian dividend paying stocks.

Investment Strategy

ZDV utilizes a rules based methodology that considers the three year dividend growth rate, yield, and payout ratio to invest in Canadian equities. Securities will also be subject to a liquidity screen process. The underlying portfolio is rebalanced in June and reconstituted in December.

Portfolio Manager(s)

Name Start Date
BMO Asset Management Inc. 10-20-2011

Management and Organization

Fund Manager BMO Asset Management Inc.
Advisor BMO Asset Management Inc.
Custodian State Street Trust Company Canada
Registrar State Street Trust Company Canada
Distributor -
Auditor PriceWaterhouseCoopers LLP

Fees

MER 0.40%
Management Fee 0.35%

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