Question 1

What is ZEA?

Accepted Answer

ZEA — BMO MSCI EAFE Index ETF — is a Canadian-listed ETF trading on the TSX. The BMO MSCI EAFE Index ETF has been designed to replicate, to the extent possible, the performance of the MSCI EAFE Index, net of expenses. The Fund invests in developed equity markets, excluding Canada and the U.S. The Manager may use a sampling methodology in selecting investments for the fund. The Fund may also invest in or hold securities intended to replicate the performance of the Index. In…

Question 2

What is the ZEA ETF price today?

Accepted Answer

ZEA last traded at $31.20 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZEA MER (management expense ratio)?

Accepted Answer

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

Question 4

What are ZEA annualised returns?

Accepted Answer

ZEA historical returns: YTD: +9.94%, 1-year: +19.75%, 3-year annualised: +20.10%, 5-year annualised: +11.18%, 10-year annualised: +9.73%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.50, which measures risk-adjusted return.

Question 5

Does ZEA pay dividends or distributions?

Accepted Answer

Yes, ZEA distributes income to unitholders. The current distribution yield is approximately 1.88%, 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 ZEA invest in?

Accepted Answer

ZEA's top holdings include iShares Core MSCI EAFE ETF (IEFA, 5.2%), ASML Holding N.V. (ASML, 2.8%), HSBC Holdings PLC (HSBA, 1.5%), Roche Holding AG (ROP, 1.3%), Novartis AG (NOVN, 1.2%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar DM xNA GR CAD.

Question 7

What sectors does ZEA invest in?

Accepted Answer

ZEA's largest sector exposures are Financial Services (26.0%), Industrials (19.0%), Technology (11.2%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZEA? (Assets under management)

Accepted Answer

ZEA has approximately $13.84B 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 ZEA launched?

Accepted Answer

ZEA was launched on February 10, 2014, giving it a 12-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 ZEA in Canada?

Accepted Answer

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

Accepted Answer

ZEA has a 1-year volatility of 10.76% and a beta of 0.92 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.50 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	$31.41	$31.41	$31.12	$31.20	$31.20	57,275
2026-09-30	$31.61	$31.69	$31.50	$31.53	$31.53	32,395
2026-09-29	$31.60	$31.60	$31.39	$31.57	$31.57	43,600
2026-09-28	$31.82	$31.95	$31.66	$31.81	$31.81	60,782
2026-09-25	$31.81	$31.93	$31.70	$31.92	$31.92	32,765
2026-09-24	$31.62	$31.76	$31.54	$31.65	$31.65	60,585
2026-09-23	$31.82	$31.83	$31.57	$31.64	$31.64	93,995
2026-09-22	$31.99	$32.15	$31.92	$32.09	$32.09	31,196
2026-09-21	$31.87	$31.99	$31.77	$31.95	$31.95	99,839
2026-09-18	$31.53	$31.54	$31.40	$31.50	$31.50	39,709

#	Ticker	Name	Weight
1	IEFA	iShares Core MSCI EAFE ETF	5.15%
2	ASML	ASML Holding N.V.	2.82%
3	HSBA	HSBC Holdings PLC	1.51%
4	ROP	Roche Holding AG	1.32%
5	NOVN	Novartis AG	1.19%
6	SHEL	Shell plc	1.09%
7	NESN	Nestle S.A.	1.06%
8	SIE	Siemens Aktiengesellschaft	1.06%
9	8306	Mitsubishi UFJ Financial Group Inc	1.04%
10	AZN	AstraZeneca PLC	1.04%

Sector	Weight
Financial Services	25.97%
Industrials	18.96%
Technology	11.23%
Healthcare	10.20%
Consumer Cyclicals	7.48%
Consumer Defensive	6.49%
Basic Materials	6.14%
Communication Services	4.74%
Energy	3.68%
Utilities	3.51%
Real Estate	1.61%

Ticker	Name	Price	1D
MSTU		$43.77	+9.62%
OILU		$59.51	+6.19%
HOU	BetaPro Crude Oil Daily Bull ETF	$26.42	+5.98%
MUU		$19.42	+5.72%
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 MSCI EAFE Index ETF (ZEA : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About BMO MSCI EAFE Index ETF

ETF Details

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Frequently Asked Questions — ZEA