Question 1

What is ZCN?

Accepted Answer

ZCN (BMO S&P/TSX Capped Composite) is a Canadian-listed ETF trading on the TSX in the Canadian Equity category. It tracks the Morningstar Canada GR CAD.

Question 2

What is the ZCN ETF price today?

Accepted Answer

ZCN last traded at $47.02 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZCN MER (management expense ratio)?

Accepted Answer

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

Question 4

What are ZCN annualised returns?

Accepted Answer

ZCN historical returns: YTD: +10.27%, 1-year: +23.05%, 3-year annualised: +25.11%, 5-year annualised: +15.08%, 10-year annualised: +12.54%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.81, which measures risk-adjusted return.

Question 5

Does ZCN pay dividends or distributions?

Accepted Answer

Yes, ZCN distributes income to unitholders. The current distribution yield is approximately 1.97%, 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 ZCN invest in?

Accepted Answer

ZCN's top holdings include Royal Bank of Canada (RY, 7.6%), Toronto Dominion Bank (TD, 5.4%), Shopify Inc (SHOP, 5.0%), Bank of Montreal (BMO, 3.2%), Bank of Nova Scotia (BNS, 3.0%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Canada GR CAD.

Question 7

What sectors does ZCN invest in?

Accepted Answer

ZCN's largest sector exposures are Financial Services (34.0%), Basic Materials (18.9%), Energy (16.8%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZCN? (Assets under management)

Accepted Answer

ZCN has approximately $18.42B 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 ZCN launched?

Accepted Answer

ZCN was launched on May 29, 2009, giving it a 17-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 ZCN in Canada?

Accepted Answer

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

Accepted Answer

ZCN has a 1-year volatility of 10.29% and a beta of 1.00 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.81 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	$47.18	$47.19	$46.73	$47.02	$47.02	381,779
2026-09-30	$47.51	$47.56	$47.13	$47.13	$47.13	339,701
2026-09-29	$47.47	$47.55	$47.23	$47.43	$47.43	329,398
2026-09-28	$47.69	$47.88	$47.50	$47.69	$47.69	283,137
2026-09-25	$48.02	$48.14	$47.83	$48.06	$48.06	307,338
2026-09-24	$47.96	$48.00	$47.74	$47.95	$47.95	399,080
2026-09-23	$48.56	$48.56	$48.01	$48.02	$48.02	252,730
2026-09-22	$48.55	$48.90	$48.55	$48.79	$48.79	330,574
2026-09-21	$48.33	$48.37	$48.02	$48.36	$48.36	100,857
2026-09-18	$48.20	$48.22	$47.89	$48.10	$48.10	227,424

#	Ticker	Name	Weight
1	RY	Royal Bank of Canada	7.61%
2	TD	Toronto Dominion Bank	5.40%
3	SHOP	Shopify Inc	4.96%
4	BMO	Bank of Montreal	3.21%
5	BNS	Bank of Nova Scotia	3.02%
6	ENB	Enbridge Inc	2.92%
7	CM	Canadian Imperial Bank Of Commerce	2.80%
8	AEM	Agnico Eagle Mines Limited	2.79%
9	CNQ	Canadian Natural Resources Ltd	2.72%
10	BN	Brookfield Corporation	2.35%

Sector	Weight
Financial Services	33.96%
Basic Materials	18.94%
Energy	16.79%
Industrials	9.99%
Technology	8.14%
Consumer Cyclicals	3.54%
Utilities	2.89%
Consumer Defensive	2.66%
Communication Services	1.57%
Real Estate	1.35%
Healthcare	0.17%

Ticker	Name	Price	1D
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HTA-B	Harvest Tech Leaders Income ETF (Unhedged)	$26.20	+6.20%
CMOM-B	CI U.S. Enhanced Momentum Index ETF (Unhedged Common Units)	$39.41	+6.14%
TEHE	Harvest TELUS Enhanced High Income Shares ETF	$5.20	+4.84%
PLTU		$36.18	+4.69%
MEDX	Global X Equal Weight Global Healthcare Index ETF	$23.44	+3.99%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$8.60	+3.99%
HOU	BetaPro Crude Oil Daily Bull ETF	$24.93	+3.75%

CIBC Investor's Edge

BMO S&P/TSX Capped Composite (ZCN : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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Compare ZCN

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Frequently Asked Questions — ZCN