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BMO Discount Bond Index ETF
Canadian Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade C
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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FundGrade A+® Rating Recipient
2023, 2022, 2021, 2020
Click for more information on Fundata’s FundGrade
|
NAVPS (07-03-2026) |
$15.21 |
|---|---|
| Change |
$0.01
(0.05%)
|
As at May 31, 2026
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (February 10, 2014): 2.32%
| 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 | 1.37% | -0.55% | 0.20% | 1.58% | 2.46% | 4.81% | 4.04% | 3.22% | 0.63% | 0.30% | 1.30% | 1.98% | 1.58% | 1.66% |
| Benchmark | 1.41% | -0.55% | 0.39% | 1.78% | 2.90% | 5.87% | 4.11% | 3.23% | 0.83% | 0.37% | 1.26% | 1.96% | 1.65% | 1.78% |
| Category Average | 1.24% | -0.66% | 0.15% | 1.39% | 2.55% | 4.42% | 3.76% | 2.80% | 0.25% | 0.19% | 0.90% | 1.44% | 1.11% | 1.25% |
| Category Rank | 221 / 494 | 281 / 493 | 344 / 488 | 266 / 489 | 376 / 473 | 262 / 439 | 225 / 415 | 212 / 403 | 215 / 390 | 205 / 368 | 147 / 354 | 127 / 334 | 123 / 308 | 119 / 281 |
| Quartile Ranking | 2 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.01% | -0.82% | 0.32% | 1.82% | 0.65% | 0.27% | -1.37% | 0.52% | 1.61% | -1.98% | 0.10% | 1.37% |
| Benchmark | 0.04% | -0.74% | 0.37% | 1.80% | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% | 0.06% | 1.41% |
Best Monthly Return Since Inception
4.53% (January 2015)
Worst Monthly Return Since Inception
-3.59% (April 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.37% | 1.71% | 1.18% | 6.97% | 9.30% | -2.66% | -11.95% | 6.59% | 4.13% | 2.24% |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% | 3.68% | 2.23% |
| Quartile Ranking | 3 | 3 | 2 | 1 | 1 | 2 | 3 | 2 | 2 | 3 |
| Category Rank | 163/ 265 | 177/ 298 | 101/ 319 | 69/ 348 | 81/ 360 | 162/ 382 | 234/ 399 | 166/ 407 | 204/ 431 | 323/ 469 |
Best Calendar Return (Last 10 years)
9.30% (2020)
Worst Calendar Return (Last 10 years)
-11.95% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Government Bonds | 76.28 |
| Canadian Corporate Bonds | 22.68 |
| Foreign Corporate Bonds | 0.47 |
| Foreign Government Bonds | 0.29 |
| Cash and Equivalents | 0.28 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 99.71 |
| Cash and Cash Equivalent | 0.28 |
| Financial Services | 0.01 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| Canada Government 0.50% 01-Dec-2030 | 13.66 |
| Canada Government 1.75% 01-Dec-2053 | 5.23 |
| Canada Government 1.00% 01-Jun-2027 | 5.06 |
| Quebec Province 1.50% 01-Sep-2031 | 3.06 |
| Quebec Province 2.85% 01-Dec-2053 | 2.46 |
| Canada Government 1.50% 01-Dec-2031 | 2.44 |
| Ontario Province 1.05% 08-Sep-2027 | 2.32 |
| Canada Housing Trust No 1 1.90% 15-Mar-2031 | 2.30 |
| Ontario Province 1.90% 02-Dec-2051 | 2.18 |
| Canada Housing Trust No 1 1.10% 15-Mar-2031 | 2.05 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
BMO Discount Bond Index ETF
Median
Other - Canadian Fixed Income
3 Yr Annualized
| Standard Deviation | 5.16% | 6.24% | 5.34% |
|---|---|---|---|
| Beta | 0.95 | 1.03 | 0.99 |
| Alpha | 0.00 | 0.00 | 0.00 |
| Rsquared | 0.92% | 0.95% | 0.96% |
| Sharpe | 0.10 | -0.33 | -0.02 |
| Sortino | 0.34 | -0.47 | -0.31 |
| Treynor | 0.01 | -0.02 | 0.00 |
| Tax Efficiency | 77.13% | - | 47.29% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.99% | 5.16% | 6.24% | 5.34% |
| Beta | 0.99 | 0.95 | 1.03 | 0.99 |
| Alpha | 0.00 | 0.00 | 0.00 | 0.00 |
| Rsquared | 1.00% | 0.92% | 0.95% | 0.96% |
| Sharpe | 0.04 | 0.10 | -0.33 | -0.02 |
| Sortino | -0.17 | 0.34 | -0.47 | -0.31 |
| Treynor | 0.00 | 0.01 | -0.02 | 0.00 |
| Tax Efficiency | 67.39% | 77.13% | - | 47.29% |
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 | February 10, 2014 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1,264 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| N/A | ||
Investment Objectives
BMO Discount Bond Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE TMX Canada Universe Discount Bond Index™, net of expenses.
Investment Strategy
ZDB invests in a variety of debt securities primarily with a term to maturity greater than one year. The Fund invests in bonds with 3-month trailing price of $100.50 or lower. Securities held in the Index are a broad measure of the Canadian investment-grade fixed income market consisting of Federal, Provincial and Corporate bonds.
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 |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 0.10% |
|---|---|
| Management Fee | 0.09% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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