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 $18.76 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: +3.59%, 1-year: +24.07%, 3-year annualised: +5.49%, 5-year annualised: -2.11%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.08, 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 1.57%, 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 Nextracker Inc. Class A Common Stock (NXT, 7.8%), First Solar Inc (FSLR, 7.6%), China Yangtze Power Co Ltd (600900, 7.4%), Bloom Energy Corp (BE, 7.0%), Enphase Energy Inc (ENPH, 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 (40.2%), Technology (34.2%), Industrials (23.7%). 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 $75M 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 33.09% and a beta of 1.12 (more volatile than the broad market). Its 3-year Sharpe ratio of 0.08 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
2026-08-20	$19.06	$19.06	$18.65	$18.76	$18.76	5,490
2026-08-19	$18.85	$18.92	$18.82	$18.91	$18.91	2,690
2026-08-18	$19.22	$19.22	$18.96	$19.01	$19.01	8,684
2026-08-17	$19.74	$19.74	$19.25	$19.25	$19.25	8,669
2026-08-14	$19.51	$19.71	$19.40	$19.40	$19.40	17,896
2026-08-13	$19.84	$19.85	$19.67	$19.69	$19.69	3,799
2026-08-12	$19.50	$20.00	$19.50	$19.73	$19.73	11,359
2026-08-11	$19.50	$19.72	$19.48	$19.48	$19.48	4,979
2026-08-10	$19.87	$19.87	$19.37	$19.45	$19.45	8,008
2026-08-07	$19.68	$19.78	$19.55	$19.67	$19.67	6,407

#	Ticker	Name	Weight
1	NXT	Nextracker Inc. Class A Common Stock	7.76%
2	FSLR	First Solar Inc	7.55%
3	600900	China Yangtze Power Co Ltd	7.38%
4	BE	Bloom Energy Corp	6.96%
5	ENPH	Enphase Energy Inc	4.59%
6	VWS	Vestas Wind Systems A/S	3.43%
7	EQTL3	Equatorial Energia S.A	3.19%
8	PLUG	Plug Power Inc	2.73%
9	EDP	EDP - Energias de Portugal S.A.	2.62%
10	SEDG	SolarEdge Technologies Inc	2.56%

Sector	Weight
Utilities	40.15%
Technology	34.15%
Industrials	23.68%
Basic Materials	2.02%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%

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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