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 $17.44 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: -3.70%, 1-year: +0.55%, 3-year annualised: +8.02%, 5-year annualised: -3.02%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.31, 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 1.63%, 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 Bloom Energy Corp (BE, 9.5%), First Solar Inc (FSLR, 7.5%), China Yangtze Power Co Ltd (600900, 7.5%), Nextpower Inc. (NXT, 6.8%), Vestas Wind Systems A/S (VWS, 4.4%) — 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 (39.3%), Technology (29.5%), Industrials (26.6%). 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 $70M 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 33.38% and a beta of 1.00 (roughly in line with the broad market). Its 3-year Sharpe ratio of 0.31 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
2026-10-22	$17.50	$17.66	$17.36	$17.44	$17.44	8,935
2026-10-21	$17.80	$17.89	$17.78	$17.80	$17.80	4,732
2026-10-20	$17.46	$17.80	$17.45	$17.72	$17.72	7,002
2026-10-19	$17.78	$17.83	$17.64	$17.72	$17.72	3,091
2026-10-16	$18.01	$18.24	$17.84	$17.84	$17.84	6,347
2026-10-15	$18.29	$18.30	$17.85	$17.99	$17.99	10,315
2026-10-14	$18.54	$18.55	$18.30	$18.30	$18.30	4,068
2026-10-13	$18.94	$18.95	$18.75	$18.82	$18.82	2,726
2026-10-09	$19.20	$19.20	$18.98	$19.00	$19.00	2,000
2026-10-08	$18.94	$18.94	$18.61	$18.74	$18.74	4,584

#	Ticker	Name	Weight
1	BE	Bloom Energy Corp	9.53%
2	FSLR	First Solar Inc	7.54%
3	600900	China Yangtze Power Co Ltd	7.54%
4	NXT	Nextpower Inc.	6.81%
5	VWS	Vestas Wind Systems A/S	4.39%
6	ENPH	Enphase Energy Inc	4.09%
7	EQTL3	Equatorial Energia S.A	3.58%
8	EDP	EDP - Energias de Portugal S.A.	2.95%
9	PLUG	Plug Power Inc	2.64%
10	9502	Chubu Electric Power Co. Inc.	2.69%

Sector	Weight
Utilities	39.26%
Technology	29.49%
Industrials	26.58%
Basic Materials	1.99%
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%

Ticker	Name	Price	1D
SOXD		$18.09	+20.44%
CGMD		$6.95	+16.03%
GASD		$5.54	+12.37%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$9.75	+12.33%
SLVD	BetaPro Silver -2x Daily Bear ETF	$42.12	+11.75%
MSTZ		$1.97	+11.30%
CSUU		$12.05	+9.95%
QQQD		$7.28	+8.66%

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