Question 1

What is ZBK?

Accepted Answer

ZBK (BMO Equal Weight US Banks Index ETF) is a Canadian-listed ETF trading on the TSX in the Financial Services Equity category. It tracks the Morningstar Gbl Fin Svc GR CAD.

Question 2

What is the ZBK ETF price today?

Accepted Answer

ZBK last traded at $45.04 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZBK MER (management expense ratio)?

Accepted Answer

ZBK has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, ZBK is considered a low-cost ETF.

Question 4

What are ZBK annualised returns?

Accepted Answer

ZBK historical returns: YTD: +4.40%, 1-year: +15.40%, 3-year annualised: +31.50%, 5-year annualised: +8.56%, 10-year annualised: +12.26%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.21, which measures risk-adjusted return.

Question 5

Does ZBK pay dividends or distributions?

Accepted Answer

Yes, ZBK distributes income to unitholders. The current distribution yield is approximately 1.70%, paid quarterly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does ZBK invest in?

Accepted Answer

ZBK's top holdings include Bank of America Corp (BAC, 5.8%), Goldman Sachs Group Inc (GS, 5.7%), Citigroup Inc. (C, 5.7%), JPMorgan Chase & Co (JPM, 5.6%), East West Bancorp Inc (EWBC, 5.5%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Gbl Fin Svc GR CAD.

Question 7

What sectors does ZBK invest in?

Accepted Answer

ZBK's largest sector exposures are Financial Services (100.0%), Energy (0.0%), Utilities (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZBK? (Assets under management)

Accepted Answer

ZBK has approximately $776M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was ZBK launched?

Accepted Answer

ZBK was launched on February 10, 2014, giving it a 12-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy ZBK in Canada?

Accepted Answer

ZBK trades on the TSX under the ticker ZBK. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is ZBK?

Accepted Answer

ZBK has a 1-year volatility of 15.23% and a beta of 1.76 (more volatile than the broad market). Its 3-year Sharpe ratio of 1.21 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-10-01	$44.72	$45.08	$44.04	$45.04	$45.04	41,330
2026-09-30	$45.16	$45.24	$45.08	$45.10	$45.10	9,402
2026-09-29	$45.49	$45.49	$44.88	$45.14	$45.14	15,400
2026-09-28	$46.02	$46.04	$45.71	$45.75	$45.75	39,905
2026-09-25	$45.90	$46.32	$45.83	$46.22	$46.22	26,451
2026-09-24	$45.48	$45.68	$45.25	$45.66	$45.66	30,821
2026-09-23	$45.65	$46.06	$45.44	$45.44	$45.44	14,682
2026-09-22	$47.28	$47.28	$45.85	$45.97	$45.97	15,447
2026-09-21	$46.77	$46.83	$46.59	$46.73	$46.73	12,518
2026-09-18	$46.23	$46.51	$46.23	$46.38	$46.38	16,800

#	Ticker	Name	Weight
1	BAC	Bank of America Corp	5.82%
2	GS	Goldman Sachs Group Inc	5.72%
3	C	Citigroup Inc.	5.66%
4	JPM	JPMorgan Chase & Co	5.61%
5	EWBC	East West Bancorp Inc	5.53%
6	CFG	Citizens Financial Group, Inc.	5.45%
7	USB	U.S. Bancorp	5.42%
8	PNC	PNC Financial Services Group Inc	5.34%
9	FCNCA	First Citizens BancShares, Inc.	5.26%
10	FITB	Fifth Third Bancorp	5.24%

Sector	Weight
Financial Services	100.00%
Energy	0.00%
Utilities	0.00%
Healthcare	0.00%
Technology	0.00%
Industrials	0.00%
Real Estate	0.00%
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Consumer Defensive	0.00%
Communication Services	0.00%

Ticker	Name	Price	1D
MSTU		$43.77	+9.62%
OILU		$59.51	+6.19%
HOU	BetaPro Crude Oil Daily Bull ETF	$26.42	+5.98%
MUU		$19.42	+5.72%
RDDY	Harvest Reddit Enhanced High Income Shares ETF	$4.63	+5.71%
MSTE	Harvest MicroStrategy Enhanced High Income Shares ETF - Class A Units	$2.85	+4.40%
CSHI	Ninepoint Constellation Software HighShares ETF	$12.40	+4.11%
HND	BetaPro Natural Gas 2x Daily Bear	$24.40	+4.01%

CIBC Investor's Edge

BMO Equal Weight US Banks Index ETF (ZBK : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

7 stocks to buy and hold forever

Compare ZBK

Explore More

Compare ZBK vs Similar ETFs

Frequently Asked Questions — ZBK