Question 1

What is ZCLN?

Accepted Answer

ZCLN — BMO Clean Energy Index ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the ZCLN ETF price today?

Accepted Answer

ZCLN last traded at $18.46 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZCLN MER (management expense ratio)?

Accepted Answer

ZCLN 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%, ZCLN is considered a low-cost ETF.

Question 4

What are ZCLN annualised returns?

Accepted Answer

ZCLN historical returns: YTD: +1.93%, 1-year: +15.18%, 3-year annualised: +7.06%, 5-year annualised: -1.68%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.18, which measures risk-adjusted return.

Question 5

Does ZCLN pay dividends or distributions?

Accepted Answer

Yes, ZCLN distributes income to unitholders. The current distribution yield is approximately 1.62%, paid annually. 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 ZCLN invest in?

Accepted Answer

ZCLN's top holdings include First Solar Inc (FSLR, 7.9%), China Yangtze Power Co Ltd (600900, 7.8%), Bloom Energy Corp (BE, 7.1%), Nextpower Inc. (NXT, 6.6%), Vestas Wind Systems A/S (VWS, 4.6%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Gbl SMID GR CAD.

Question 7

What sectors does ZCLN invest in?

Accepted Answer

ZCLN's largest sector exposures are Utilities (40.4%), Technology (32.6%), Industrials (25.1%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZCLN? (Assets under management)

Accepted Answer

ZCLN has approximately $74M 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 ZCLN launched?

Accepted Answer

ZCLN was launched on January 26, 2021, giving it a 5-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 ZCLN in Canada?

Accepted Answer

ZCLN trades on the TSX under the ticker ZCLN. 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 ZCLN?

Accepted Answer

ZCLN has a 1-year volatility of 33.32% and a beta of 1.07 (roughly in line with the broad market). Its 3-year Sharpe ratio of 0.18 indicates below-average 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	$18.49	$18.49	$18.46	$18.46	$18.46	2,573
2026-09-30	$18.67	$18.75	$18.63	$18.63	$18.63	2,141
2026-09-29	$18.69	$18.69	$18.42	$18.63	$18.63	9,661
2026-09-28	$18.48	$18.48	$18.36	$18.36	$18.36	6,627
2026-09-25	$18.45	$18.84	$18.45	$18.83	$18.83	2,273
2026-09-24	$18.50	$18.55	$18.35	$18.48	$18.48	2,963
2026-09-23	$19.05	$19.08	$18.86	$18.86	$18.86	4,540
2026-09-22	$19.15	$19.29	$19.15	$19.29	$19.29	1,818
2026-09-21	$19.07	$19.21	$19.00	$19.17	$19.17	3,605
2026-09-18	$18.99	$18.99	$18.87	$18.92	$18.92	987

#	Ticker	Name	Weight
1	FSLR	First Solar Inc	7.91%
2	600900	China Yangtze Power Co Ltd	7.79%
3	BE	Bloom Energy Corp	7.12%
4	NXT	Nextpower Inc.	6.57%
5	VWS	Vestas Wind Systems A/S	4.59%
6	ENPH	Enphase Energy Inc	4.57%
7	EQTL3	Equatorial Energia S.A	3.15%
8	EDP	EDP - Energias de Portugal S.A.	2.93%
9	PLUG	Plug Power Inc	2.88%
10	9502	Chubu Electric Power Co. Inc.	2.68%

Sector	Weight
Utilities	40.41%
Technology	32.60%
Industrials	25.07%
Basic Materials	1.91%
Energy	0.00%
Healthcare	0.00%
Real Estate	0.00%
Consumer Cyclicals	0.00%
Consumer Defensive	0.00%
Financial Services	0.00%
Communication Services	0.00%

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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 Clean Energy Index ETF (ZCLN : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About BMO Clean Energy Index ETF

ETF Details

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Frequently Asked Questions — ZCLN