A side-by-side comparison of BMO Gold Bullion ETF (CAD Units) (ZGLD) and iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | ZGLD | COMT |
|---|---|---|
| YTD Return | -5.68% | +23.11%✓ |
| 1-Day Change | -1.33% | -0.28%✓ |
| 1-Week Change | -0.30% | +0.21%✓ |
| 1-Month Change | -5.04% | +4.94%✓ |
| Current Price | $60.32 | $38.68 |
| AUM | $1.73B✓ | $1.42B |
| MER (Expense Ratio) | — | 0.5% |
| Dividend Yield | — | 5.05% |
| Distribution Frequency | — | NA |
| Inception Date | 2024-03-08 | 2014-10-15 |
| Holdings Count | 1 | 1 |
| MorningStar Rating | — | — |
| Category | Broad Commodities | Broad Commodities |
| Beta | 0.00 | 1.14 |
| 52-Week High | $80.54 | $39.35 |
| 52-Week Low | $59.50 | $24.24 |
| 50-Day MA | $64.29 | $36.97 |
| 200-Day MA | $67.03 | $33.08 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | ZGLD | COMT |
|---|---|---|
| YTD | -5.68% | +23.11%✓ |
| 1 Year | +2.12% | +53.23%✓ |
| 3 Year | — | +17.82% |
| 5 Year | — | +13.15% |
| 10 Year | — | +10.03% |
| 1Y Volatility | 25.71% | 27.54% |
| Sharpe Ratio (3Y) | 0.00 | 0.55 |
Past performance is not a guarantee of future results.
Sector Weights
| Sector | ZGLD | COMT |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About ZGLD
BMO Gold Bullion ETF (CAD Units) (ZGLD.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
About COMT
The index measures the performance of futures contracts. In seeking to achieve its investment objective, the fund may invest in a combination of exchange-traded commodity futures contracts, exchange-traded options on commodity-related futures contracts and exchange-cleared commodity related swaps (together, "Commodity-Linked Investments"), thereby obtaining exposure to the commodities markets.
Which ETF is Right for You?
Both ZGLD and COMT are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
ZGLD and COMT are closely matched on the metrics we track. The right choice depends on your individual investment goals, tax situation, and time horizon.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between ZGLD and COMT?
ZGLD (BMO Gold Bullion ETF (CAD Units)) and COMT (iShares GSCI Commodity Dynamic Roll Strategy ETF) are both Canadian-listed ETFs. Key differences include their AUM ($1.73B vs $1.42B), dividend yield (N/A vs 5.05%), and year-to-date performance (-5.68% vs +23.11%).
Is ZGLD better than COMT?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy ZGLD and COMT on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both ZGLD and COMT should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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