Question 1

What is ZGD?

Accepted Answer

ZGD (BMO Equal Weight Global Gold Index ETF) is a Canadian-listed ETF trading on the TSX in the Precious Metals Equity category. It tracks the Morningstar Gbl Gold GR CAD.

Question 2

What is the ZGD ETF price today?

Accepted Answer

ZGD last traded at $30.33 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZGD MER (management expense ratio)?

Accepted Answer

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

Question 4

What are ZGD annualised returns?

Accepted Answer

ZGD historical returns: YTD: -88.78%, 1-year: +36.18%, 3-year annualised: +69.44%, 5-year annualised: +38.72%, 10-year annualised: +17.86%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.41, which measures risk-adjusted return.

Question 5

Does ZGD pay dividends or distributions?

Accepted Answer

Yes, ZGD distributes income to unitholders. The current distribution yield is approximately 0.18%, 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 ZGD invest in?

Accepted Answer

ZGD's top holdings include Coeur Mining Inc (CDE, 3.9%), Equinox Gold Corp (EQX, 3.1%), Wesdome Gold Mines Ltd. (WDO, 2.9%), Montage Gold Corp. (MAU, 2.7%), Centerra Gold Inc (CG, 2.6%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Gbl Gold GR CAD.

Question 7

What sectors does ZGD invest in?

Accepted Answer

ZGD's largest sector exposures are Basic Materials (100.0%), Energy (0.0%), Utilities (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZGD? (Assets under management)

Accepted Answer

ZGD has approximately $381M 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 ZGD launched?

Accepted Answer

ZGD was launched on November 14, 2012, giving it a 14-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 ZGD in Canada?

Accepted Answer

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

Accepted Answer

ZGD has a 1-year volatility of 55.27% and a beta of 1.09 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.41 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
2026-10-01	$30.94	$30.94	$30.33	$30.33	$30.33	10,816
2026-09-30	$31.96	$31.96	$30.88	$30.92	$30.92	9,133
2026-09-29	$31.16	$31.27	$30.90	$31.25	$31.25	19,574
2026-09-28	$31.18	$31.50	$30.64	$30.97	$30.97	39,335
2026-09-25	$32.51	$32.67	$32.50	$32.65	$32.65	12,577
2026-09-24	$32.42	$32.42	$31.81	$32.31	$32.31	14,549
2026-09-23	$33.23	$33.23	$32.50	$32.73	$32.73	31,816
2026-09-22	$32.79	$34.38	$32.79	$34.24	$34.24	28,028
2026-09-21	$33.31	$33.35	$32.55	$32.82	$32.82	9,535
2026-09-18	$33.05	$33.10	$32.57	$33.10	$33.10	38,800

#	Ticker	Name	Weight
1	CDE	Coeur Mining Inc	3.91%
2	EQX	Equinox Gold Corp	3.14%
3	WDO	Wesdome Gold Mines Ltd.	2.92%
4	MAU	Montage Gold Corp.	2.69%
5	CG	Centerra Gold Inc	2.62%
6	SSRM	SSR Mining Inc	2.56%
7	DSV	Discovery Silver Corp.	2.54%
8	SXGC	Southern Cross Gold Consolidated Ltd.	2.43%
9	DPM	DPM Metals Inc.	2.42%
10	ORE	Orezone Gold Corp	2.37%

Sector	Weight
Basic Materials	100.00%
Energy	0.00%
Utilities	0.00%
Healthcare	0.00%
Technology	0.00%
Industrials	0.00%
Real Estate	0.00%
Consumer Cyclicals	0.00%
Consumer Defensive	0.00%
Financial Services	0.00%
Communication Services	0.00%

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MSTE	Harvest MicroStrategy Enhanced High Income Shares ETF - Class A Units	$2.85	+4.40%
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CIBC Investor's Edge

BMO Equal Weight Global Gold Index ETF (ZGD : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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Frequently Asked Questions — ZGD