BMO SPTSX Equal Weight Oil Gas Index ETF Review (ZEO) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 72/100
This equity ETF has an MER of 0.46%. With higher than average fees, it’s a premium option. Managing 159 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.

ZEO 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 SPTSX Equal Weight Oil Gas Index (ZEO) 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 SPTSX Equal Weight Oil Gas Index ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.46%. This ETF trades on the TSX exchange.

ZEO stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $159MM

Expense Ratio: 0.46%

Price: $67.76 (Updated: 3/7/2024)



BMO SPTSX Equal Weight Oil Gas Index (ZEO) Top 10 Holdings

Company NameSymbolAssets %
Pembina Pipeline CorpPPL11.35765
TC Energy CorpTRP10.97852
Enbridge IncENB10.84072
Canadian Natural Resources LtdCNQ10.18973
Keyera Corp.KEY10.12925
Imperial Oil LtdIMO9.93267
ARC Resources Ltd.ARX9.70546
Suncor Energy IncSU9.42058
Tourmaline Oil Corp.TOU8.8457
Cenovus Energy IncCVE8.22299

BMO SPTSX Equal Weight Oil Gas Index (ZEO) Breakdown by Market Cap

CategoryValue
Mega30.44434
Big40.58226
Medium28.86338
Small0
Micro0

BMO SPTSX Equal Weight Oil Gas Index (ZEO) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials00.38815
Consumer Cyclicals00
Financial Services00.0164
Real Estate00
Communication Services00
Energy10095.02409
Industrials03.08508
Technology00.31632
Consumer Defensive00
Healthcare00
Utilities01.16997

BMO SPTSX Equal Weight Oil Gas Index (ZEO) Geographic Breakdown

RegionEquity %Relative to Category
North America10094.279
United Kingdom02.29393
Europe Developed02.742
Europe Emerging00
Africa/Middle East00
Japan00
Australasia00.089
Asia Developed00
Asia Emerging00
Latin America00.596

ZEO Management Expense Ratio

ZEO has a management expense ratio of  0.46% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  


How to Buy  BMO SPTSX Equal Weight Oil Gas Index TSX ETF

You can buy  ZEO 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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