Question 1

What is ZDV?

Accepted Answer

ZDV (BMO Canadian Dividend) is a Canadian-listed ETF trading on the TSX in the Canada Equity category. It tracks the Morningstar Canada GR CAD.

Question 2

What is the ZDV ETF price today?

Accepted Answer

ZDV last traded at $33.70 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZDV MER (management expense ratio)?

Accepted Answer

ZDV has a management expense ratio (MER) of 0.35% 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.

Question 4

What are ZDV annualised returns?

Accepted Answer

ZDV historical returns: YTD: +22.46%, 1-year: +33.17%, 3-year annualised: +25.82%, 5-year annualised: +15.55%, 10-year annualised: +11.79%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 2.41, which measures risk-adjusted return.

Question 5

Does ZDV pay dividends or distributions?

Accepted Answer

Yes, ZDV distributes income to unitholders. The current distribution yield is approximately 2.80%, paid monthly. 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 ZDV invest in?

Accepted Answer

ZDV's top holdings include Royal Bank of Canada (RY, 8.4%), Toronto Dominion Bank (TD, 7.4%), Bank of Nova Scotia (BNS, 5.3%), Canadian Imperial Bank Of Commerce (CM, 4.6%), Canadian Natural Resources Ltd (CNQ, 4.5%) — 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 ZDV invest in?

Accepted Answer

ZDV's largest sector exposures are Financial Services (39.8%), Energy (21.7%), Basic Materials (11.7%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZDV? (Assets under management)

Accepted Answer

ZDV has approximately $1.92B 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 ZDV launched?

Accepted Answer

ZDV was launched on October 21, 2011, giving it a 15-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 ZDV in Canada?

Accepted Answer

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

Accepted Answer

ZDV has a 1-year volatility of 9.49% and a beta of 0.84 (less volatile than the broad market). Its 3-year Sharpe ratio of 2.41 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
2026-11-04	$33.61	$33.78	$33.41	$33.70	$33.70	47,758
2026-11-03	$33.25	$33.34	$33.19	$33.27	$33.27	37,776
2026-11-02	$33.18	$33.44	$33.18	$33.29	$33.29	50,266
2026-10-30	$33.48	$33.48	$33.01	$33.22	$33.22	49,800
2026-10-29	$33.50	$33.68	$33.43	$33.55	$33.55	28,300
2026-10-28	$33.51	$33.58	$33.46	$33.56	$33.56	65,973
2026-10-27	$33.46	$33.54	$33.38	$33.51	$33.51	21,600
2026-10-26	$33.28	$33.48	$33.27	$33.39	$33.39	54,023
2026-10-23	$33.35	$33.43	$33.09	$33.25	$33.25	27,672
2026-10-22	$33.42	$33.49	$33.26	$33.47	$33.47	61,970

#	Ticker	Name	Weight
1	RY	Royal Bank of Canada	8.43%
2	TD	Toronto Dominion Bank	7.42%
3	BNS	Bank of Nova Scotia	5.34%
4	CM	Canadian Imperial Bank Of Commerce	4.61%
5	CNQ	Canadian Natural Resources Ltd	4.55%
6	ENB	Enbridge Inc	4.17%
7	BMO	Bank of Montreal	3.10%
8	ABX	Barrick Gold Corp	2.66%
9	AEM	Agnico Eagle Mines Limited	2.52%
10	SU	Suncor Energy Inc	2.25%

Sector	Weight
Financial Services	39.81%
Energy	21.72%
Basic Materials	11.74%
Utilities	7.46%
Industrials	6.79%
Communication Services	4.18%
Real Estate	3.95%
Consumer Cyclicals	2.81%
Consumer Defensive	2.16%
Healthcare	0.81%
Technology	0.00%

Ticker	Name	Price	1D
CGMU		$6.47	+24.66%
GDXU	BetaPro Canadian Gold Miners 2x Daily Bull ETF	$27.60	+17.20%
HOD	BetaPro Crude Oil Inverse Leveraged Daily Bear ETF	$16.25	+15.82%
OILD		$12.13	+15.74%
BLKY	Harvest Block Enhanced High Income Shares ETF	$13.75	+15.55%
SHPU		$10.67	+14.00%
MSFU		$23.41	+13.15%
NRGD	BetaPro S&P/TSX Capped Energy -2x Daily Bear ETF	$5.95	+12.26%

BMO Canadian Dividend (ZDV : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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