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BMO MSCI EAFE Hedged to CAD Index ETF (ZDM : TSX)
International Equity
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FundGrade B
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade D
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FundGrade A+® Rating Recipient
2025, 2024, 2023, 2022
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|
Close (09-11-2026) |
$38.88 |
|---|---|
| Change |
$0.39
(1.01%)
|
| Open | $38.81 |
|---|---|
| Day Range | $38.77 - $38.88 |
| Volume | 26,437 |
As at August 31, 2026
As at August 31, 2026
As at August 31, 2026
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Legend
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Fund Returns
Inception Return (October 20, 2009): 8.80%
| 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 | 1.36% | 4.59% | 5.10% | 14.42% | 23.13% | 16.64% | 17.48% | 17.25% | 12.18% | 14.64% | 12.31% | 10.81% | 10.43% | 11.03% |
| Benchmark | 1.50% | 2.73% | 6.38% | 19.73% | 28.92% | 22.66% | 21.04% | 20.88% | 11.70% | 13.56% | 12.44% | 10.37% | 10.25% | 10.51% |
| Category Average | 0.88% | 3.93% | 3.93% | 11.57% | 16.57% | 13.71% | 14.82% | 15.55% | 7.37% | 9.58% | 9.20% | 7.70% | 7.52% | 7.93% |
| Category Rank | 214 / 872 | 335 / 854 | 263 / 842 | 243 / 833 | 124 / 794 | 264 / 749 | 199 / 714 | 233 / 678 | 50 / 662 | 46 / 636 | 58 / 593 | 32 / 542 | 39 / 508 | 26 / 450 |
| Quartile Ranking | 1 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
Monthly Return
| Return % | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.21% | 2.98% | 0.64% | 1.58% | 3.53% | 5.15% | -6.37% | 3.98% | 3.22% | 2.77% | 0.40% | 1.36% |
| Benchmark | 3.56% | 2.68% | -0.03% | 1.29% | 5.56% | 6.62% | -9.73% | 7.20% | 7.01% | 2.50% | -1.25% | 1.50% |
Best Monthly Return Since Inception
12.45% (November 2020)
Worst Monthly Return Since Inception
-13.39% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.52% | 16.12% | -9.91% | 23.36% | 0.47% | 18.49% | -5.56% | 18.37% | 12.41% | 20.55% |
| Benchmark | -1.70% | 18.37% | -6.81% | 16.27% | 8.01% | 8.97% | -10.67% | 15.74% | 11.18% | 27.50% |
| Category Average | -2.56% | 17.84% | -8.91% | 17.54% | 7.87% | 8.64% | -12.60% | 13.75% | 10.76% | 17.77% |
| Quartile Ranking | 1 | 3 | 3 | 1 | 3 | 1 | 1 | 1 | 2 | 2 |
| Category Rank | 14/ 408 | 271/ 455 | 327/ 515 | 97/ 572 | 459/ 617 | 36/ 644 | 136/ 664 | 66/ 689 | 325/ 724 | 264/ 755 |
Best Calendar Return (Last 10 years)
23.36% (2019)
Worst Calendar Return (Last 10 years)
-9.91% (2018)
Asset Allocation
| Name | Percent |
|---|---|
| International Equity | 98.58 |
| Cash and Equivalents | 0.83 |
| Income Trust Units | 0.69 |
| US Equity | 0.03 |
| Other | -0.13 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 26.14 |
| Industrial Goods | 12.16 |
| Consumer Goods | 11.87 |
| Technology | 10.46 |
| Healthcare | 9.53 |
| Other | 29.84 |
Geographic Allocation
| Name | Percent |
|---|---|
| Europe | 64.02 |
| Asia | 34.03 |
| Africa and Middle East | 1.15 |
| North America | 0.87 |
| Latin America | 0.07 |
| Other | -0.14 |
Top Holdings
| Name | Percent |
|---|---|
| BMO MSCI EAFE Index ETF (ZEA) | 99.31 |
| CAD Currency Forward | 0.69 |
| CANADIAN DOLLAR | 0.05 |
| SEK Currency Forward | 0.00 |
| ILS Currency Forward | 0.00 |
| SGD Currency Forward | 0.00 |
| SWISS FRANC | 0.00 |
| NOK Currency Forward | 0.00 |
| AUSTRALIAN DOLLAR | 0.00 |
| DANISH KRONE | 0.00 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
BMO MSCI EAFE Hedged to CAD Index ETF
Median
Other - International Equity
3 Yr Annualized
| Standard Deviation | 8.81% | 11.15% | 11.89% |
|---|---|---|---|
| Beta | 0.67% | 0.75% | 0.85% |
| Alpha | 0.03% | 0.03% | 0.02% |
| Rsquared | 0.81% | 0.80% | 0.78% |
| Sharpe | 1.50% | 0.82% | 0.78% |
| Sortino | 2.78% | 1.35% | 1.03% |
| Treynor | 0.20% | 0.12% | 0.11% |
| Tax Efficiency | 94.12% | 91.64% | 90.43% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 10.11% | 8.81% | 11.15% | 11.89% |
| Beta | 0.60% | 0.67% | 0.75% | 0.85% |
| Alpha | 0.05% | 0.03% | 0.03% | 0.02% |
| Rsquared | 0.93% | 0.81% | 0.80% | 0.78% |
| Sharpe | 1.90% | 1.50% | 0.82% | 0.78% |
| Sortino | - | 2.78% | 1.35% | 1.03% |
| Treynor | 0.32% | 0.20% | 0.12% | 0.11% |
| Tax Efficiency | 96.12% | 94.12% | 91.64% | 90.43% |
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.
Fund Details
| Start Date | October 20, 2009 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $1,963 |
| 52 Week High | $40.08 |
| 52 Week Low | $32.80 |
| Annual Dividend | $0.74 |
| Annual Yield | - |
| Index | MSCI EAFE 100% Hedged to CAD Dollars 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
The BMO MSCI EAFE Hedged to CAD Index ETF has been designed to replicate, to the extent possible, the performance of the MSCI EAFE 100% Hedged to CAD Dollars Index, net of expenses.
Investment Strategy
ZDM invests in developed markets equity, excluding Canada and the U.S. The Manager may use a sampling methodology in selecting investments for the fund. The Fund may also invest in or hold securities intended to replicate the performance of the Index. The foreign currency exposure is hedged back to the Canadian dollar. In addition, as ZDM may hold other underlying ETFs, the management fees charged are reduced by the management fees paid on the underlying ETFs.
Portfolio Management
| Portfolio Manager |
BMO Asset Management Inc. |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
BMO Asset Management Inc. |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
State Street Trust Company Canada |
| Distributor |
- |
Fees
| MER | 0.23% |
|---|---|
| Management Fee | 0.20% |
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