BMO MSCI EAFE Hedged to CAD Index ETF Review (ZDM) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 79/100
This equity ETF has an MER of 0.29%. With lower than average fees, it’s a cost-effective option. Managing 911 million in assets, it’s less popular among 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.

ZDM 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 MSCI EAFE Hedged to CAD Index (ZDM) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.  

What is the BMO MSCI EAFE Hedged to CAD Index ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.29%. This ETF trades on the TSX exchange.

ZDM stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $911MM

Expense Ratio: 0.29%

Price: $29.07 (Updated: 3/7/2024)



BMO MSCI EAFE Hedged to CAD Index (ZDM) Breakdown by Market Cap

CategoryValue
Mega48.06842
Big39.15239
Medium11.54224
Small0.14619
Micro0.12149

BMO MSCI EAFE Hedged to CAD Index (ZDM) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials7.98637.03406
Consumer Cyclicals10.8984411.14738
Financial Services18.4255517.64108
Real Estate2.692221.55261
Communication Services4.449833.71114
Energy4.399894.00653
Industrials16.4081118.24331
Technology9.3605412.07343
Consumer Defensive9.295879.38379
Healthcare12.8627913.48722
Utilities3.220451.71944

BMO MSCI EAFE Hedged to CAD Index (ZDM) Geographic Breakdown

RegionEquity %Relative to Category
North America0.9444.018
United Kingdom14.103716.18688
Europe Developed50.36849.016
Europe Emerging0.0010.007
Africa/Middle East0.6430.526
Japan22.55318.089
Australasia7.6584.345
Asia Developed3.6495
Asia Emerging0.0812.125
Latin America00.686

ZDM Management Expense Ratio

ZDM has a management expense ratio of  0.29% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  


How to Buy  BMO MSCI EAFE Hedged to CAD Index TSX ETF

You can buy  ZDM 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:  
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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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