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BMO Ultra Short-Term Bond ETF (ZST : TSX)
Cdn Short Term Fixed Inc
Click for more information on Fundata’s FundGrade
FundGrade B
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade A
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|
Close (08-03-2026) |
$49.08 |
|---|---|
| Change |
$0.00
(0.00%)
|
| Open | $49.08 |
|---|---|
| Day Range | - - - |
| Volume | 0 |
As at June 30, 2026
As at June 30, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (January 28, 2011): 2.22%
| 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 | 0.23% | 0.72% | 1.29% | 1.29% | 2.76% | 3.48% | 4.18% | 4.09% | 3.23% | 2.82% | 2.73% | 2.70% | 2.58% | 2.48% |
| Benchmark | 0.32% | 1.11% | 1.41% | 1.41% | 3.03% | 4.58% | 4.97% | 3.99% | 2.23% | 1.97% | 2.30% | 2.50% | 2.27% | 2.07% |
| Category Average | 0.25% | 1.13% | 1.13% | 1.13% | 2.48% | 3.94% | 4.38% | 3.62% | 1.84% | 1.78% | 1.93% | 2.06% | 1.84% | 1.68% |
| Category Rank | 239 / 302 | 247 / 296 | 145 / 290 | 145 / 290 | 159 / 272 | 203 / 240 | 170 / 215 | 96 / 200 | 13 / 188 | 21 / 177 | 41 / 171 | 54 / 165 | 46 / 156 | 33 / 141 |
| Quartile Ranking | 4 | 4 | 2 | 2 | 3 | 4 | 4 | 2 | 1 | 1 | 1 | 2 | 2 | 1 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.19% | 0.29% | 0.30% | 0.26% | 0.19% | 0.21% | 0.24% | 0.17% | 0.16% | 0.21% | 0.28% | 0.23% |
| Benchmark | -0.08% | 0.59% | 0.75% | 0.38% | 0.22% | -0.27% | 0.45% | 0.74% | -0.88% | 0.04% | 0.74% | 0.32% |
Best Monthly Return Since Inception
0.66% (July 2011)
Worst Monthly Return Since Inception
-0.66% (January 2015)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.80% | 1.37% | 2.01% | 2.41% | 1.79% | 0.23% | 1.17% | 5.32% | 5.30% | 3.08% |
| Benchmark | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% | 5.71% | 3.77% |
| Category Average | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% | 5.17% | 3.22% |
| Quartile Ranking | 2 | 1 | 1 | 4 | 4 | 1 | 1 | 2 | 3 | 4 |
| Category Rank | 35/ 139 | 16/ 143 | 14/ 159 | 126/ 166 | 167/ 176 | 14/ 182 | 10/ 191 | 82/ 203 | 150/ 221 | 201/ 258 |
Best Calendar Return (Last 10 years)
5.32% (2023)
Worst Calendar Return (Last 10 years)
0.23% (2021)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 80.74 |
| Cash and Equivalents | 15.10 |
| Canadian Government Bonds | 2.40 |
| Mortgages | 1.75 |
| Other | 0.01 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 84.90 |
| Cash and Cash Equivalent | 15.10 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| Bank of Nova Scotia 1.85% 02-Nov-2026 | 9.88 |
| Royal Bank of Canada 2.14% 03-Nov-2026 | 6.44 |
| Sun Life Financial Inc 2.58% 10-May-2027 | 5.64 |
| Alectra Inc 2.49% 17-Feb-2027 | 5.37 |
| North West Redwater Partnershp 2.80% 01-Mar-2027 | 4.71 |
| Canadian Imperial Bank Commrce 1.70% 15-Jul-2026 | 4.33 |
| Sun Life Financial Inc 2.46% 18-Nov-2026 | 4.01 |
| Ventas Canada Finance Ltd 2.45% 04-Jan-2027 | 3.86 |
| Toronto-Dominion Bank 2.26% 07-Jan-2027 | 3.71 |
| Bank of Montreal 1.93% 22-Jul-2026 | 3.44 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
BMO Ultra Short-Term Bond ETF
Median
Other - Cdn Short Term Fixed Inc
3 Yr Annualized
| Standard Deviation | 0.41% | 0.61% | 0.55% |
|---|---|---|---|
| Beta | 0.10% | 0.15% | 0.16% |
| Alpha | 0.04% | 0.03% | 0.02% |
| Rsquared | 0.22% | 0.33% | 0.31% |
| Sharpe | 1.44% | 0.40% | 0.97% |
| Sortino | 11.53% | 0.43% | -1.14% |
| Treynor | 0.06% | 0.02% | 0.03% |
| Tax Efficiency | 63.88% | 56.95% | 45.51% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 0.17% | 0.41% | 0.61% | 0.55% |
| Beta | 0.06% | 0.10% | 0.15% | 0.16% |
| Alpha | 0.03% | 0.04% | 0.03% | 0.02% |
| Rsquared | 0.42% | 0.22% | 0.33% | 0.31% |
| Sharpe | 2.37% | 1.44% | 0.40% | 0.97% |
| Sortino | -1.69% | 11.53% | 0.43% | -1.14% |
| Treynor | 0.06% | 0.06% | 0.02% | 0.03% |
| Tax Efficiency | 63.45% | 63.88% | 56.95% | 45.51% |
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 | January 28, 2011 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $3,515 |
| 52 Week High | $49.17 |
| 52 Week Low | $48.96 |
| Annual Dividend | $1.23 |
| 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 Ultra Short-Term Bond ETF has been designed to provide exposure to a diversified mix of short-term fixed income asset classes with a term to maturity of less than one year or reset dates within one year.
Investment Strategy
ZST invests primarily in government bonds and investment grade corporate bonds, but also has exposure to high yield bonds, floating rate notes, and preferred shares. The portfolio is rebalanced based on the portfolio manager's fundamental analysis, relative strength indicators, and risk adjusted yield expectations.
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 | 0.17% |
|---|---|
| Management Fee | 0.15% |
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