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 $49.00 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: +13.58%, 1-year: +27.82%, 3-year annualised: +29.13%, 5-year annualised: +11.50%, 10-year annualised: +13.53%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.27, 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 1.66%, 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 Citigroup Inc. (C, 5.7%), Goldman Sachs Group Inc (GS, 5.3%), East West Bancorp Inc (EWBC, 5.3%), Citizens Financial Group, Inc. (CFG, 5.2%), PNC Financial Services Group Inc (PNC, 5.2%) — 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%), Basic Materials (0.0%), Consumer Cyclicals (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 $799M 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 14.64% and a beta of 1.89 (more volatile than the broad market). Its 3-year Sharpe ratio of 1.27 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
2026-07-31	$48.83	$49.00	$48.79	$49.00	$49.00	2,736
2026-07-30	$48.60	$48.88	$48.44	$48.74	$48.74	14,064
2026-07-29	$49.65	$49.66	$48.37	$48.56	$48.56	17,122
2026-07-28	$49.39	$49.72	$49.34	$49.72	$49.72	16,405
2026-07-27	$49.95	$49.95	$49.08	$49.26	$49.26	16,657
2026-07-24	$49.37	$49.38	$49.22	$49.26	$49.26	20,904
2026-07-23	$49.09	$49.09	$48.47	$48.92	$48.92	20,118
2026-07-22	$49.16	$49.29	$49.16	$49.29	$49.29	18,349
2026-07-21	$48.79	$49.11	$48.79	$49.10	$49.10	18,198
2026-07-20	$49.12	$49.26	$48.71	$48.82	$48.82	55,075

#	Ticker	Name	Weight
1	C	Citigroup Inc.	5.71%
2	GS	Goldman Sachs Group Inc	5.35%
3	EWBC	East West Bancorp Inc	5.27%
4	CFG	Citizens Financial Group, Inc.	5.24%
5	PNC	PNC Financial Services Group Inc	5.19%
6	FITB	Fifth Third Bancorp	5.18%
7	BAC	Bank of America Corp	5.09%
8	KEY	KeyCorp	5.04%
9	USB	U.S. Bancorp	5.01%
10	PNFP	Pinnacle Financial Partners, Inc.	4.95%

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

Ticker	Name	Price	1D
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AMHE-U	Harvest Amazon Enhanced High Income Shares ETF	$14.27	+16.68%
COID		$8.24	+16.38%
AMHE	Harvest Amazon Enhanced High Income Shares ETF - Class A Units	$14.70	+14.84%
ALPU		$19.24	+13.51%
AMZH-U	Harvest Amazon High Income Shares ETF	$13.87	+13.13%
MSFH-U	Harvest Microsoft Enhanced High Income Shares ETF	$9.48	+12.46%
PINV	Purpose Global Innovators Fund ETF	$31.26	+12.08%

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

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Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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