Wealth Awesome Rating: 75/100
This equity ETF has an MER of 0.40%. With lower than average fees, it’s a cost-effective option. Managing 549 million in assets, it’s widely trusted by investors. Suitable for those seeking growth with a medium to high risk tolerance.
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.
ZDV trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The BMO Canadian Dividend (ZDV) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
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What is the BMO Canadian Dividend ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.40%. This ETF trades on the TSX exchange.ZDV stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $549MM
Expense Ratio: 0.40%
Price: $20.08 (Updated: 3/7/2024)
BMO Canadian Dividend (ZDV) Top 10 Holdings
| Company Name | Symbol | Assets % |
|---|---|---|
| Royal Bank of Canada | RY | 5.3472 |
| Bank of Nova Scotia | BNS | 5.08937 |
| Enbridge Inc | ENB | 4.96586 |
| Toronto Dominion Bank | TD | 4.84848 |
| Canadian Imperial Bank Of Commerce | CM | 4.70014 |
| BCE Inc | BCE | 4.58806 |
| Canadian Natural Resources Ltd | CNQ | 4.44188 |
| Bank of Montreal | BMO | 4.15518 |
| Manulife Financial Corp | MFC | 4.06296 |
| Canadian National Railway Co | CNR | 3.65101 |
BMO Canadian Dividend (ZDV) Breakdown by Market Cap
| Category | Value |
|---|---|
| Mega | 44.75199 |
| Big | 44.83952 |
| Medium | 10.23596 |
| Small | 0 |
| Micro | 0 |
BMO Canadian Dividend (ZDV) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 6.63197 | 4.5057 |
| Consumer Cyclicals | 2.79585 | 4.76225 |
| Financial Services | 41.31306 | 35.65692 |
| Real Estate | 0 | 3.47149 |
| Communication Services | 10.23989 | 6.52892 |
| Energy | 19.05493 | 16.70947 |
| Industrials | 8.22143 | 11.8153 |
| Technology | 0 | 4.33511 |
| Consumer Defensive | 2.81651 | 3.71767 |
| Healthcare | 0 | 1.86523 |
| Utilities | 8.92636 | 6.63194 |
BMO Canadian Dividend (ZDV) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 100 | 99.493 |
| United Kingdom | 0 | 0.20239 |
| Europe Developed | 0 | 0.289 |
| Europe Emerging | 0 | 0 |
| Africa/Middle East | 0 | 0 |
| Japan | 0 | 0.014 |
| Australasia | 0 | 0 |
| Asia Developed | 0 | 0.001 |
| Asia Emerging | 0 | 0 |
| Latin America | 0 | 0 |
ZDV Management Expense Ratio
ZDV has a management expense ratio of 0.40% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy BMO Canadian Dividend TSX ETF
You can buy ZDV on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |
