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 $254.06 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: -6.02%, 1-year: +60.56%, 3-year annualised: +52.59%, 5-year annualised: +28.98%, 10-year annualised: +14.00%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.28, 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 0.23%, 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%), Montage Gold Corp. (MAU, 2.8%), Wesdome Gold Mines Ltd. (WDO, 2.7%), Orezone Gold Corp (ORE, 2.5%), SSR Mining Inc (SSRM, 2.5%) — 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%), Consumer Cyclicals (0.0%), Financial Services (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 $270M 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 51.26% and a beta of 1.11 (more volatile than the broad market). Its 3-year Sharpe ratio of 1.28 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
2026-07-31	$257.48	$257.48	$251.50	$254.06	$254.06	2,793
2026-07-30	$257.70	$263.32	$256.59	$263.32	$263.32	773
2026-07-29	$250.00	$258.00	$248.49	$252.99	$252.99	3,003
2026-07-28	$252.80	$258.81	$252.80	$256.81	$256.81	1,656
2026-07-27	$260.71	$260.79	$259.99	$259.99	$259.99	1,020
2026-07-24	$259.38	$259.65	$259.27	$259.43	$259.43	1,266
2026-07-23	$258.17	$259.65	$255.25	$258.11	$258.11	2,289
2026-07-22	$263.88	$272.00	$263.88	$266.26	$266.26	5,058
2026-07-21	$249.17	$257.73	$249.17	$257.73	$257.73	2,073
2026-07-20	$242.68	$245.21	$242.68	$243.43	$243.43	1,000

#	Ticker	Name	Weight
1	CDE	Coeur Mining Inc	3.94%
2	MAU	Montage Gold Corp.	2.81%
3	WDO	Wesdome Gold Mines Ltd.	2.69%
4	ORE	Orezone Gold Corp	2.54%
5	SSRM	SSR Mining Inc	2.53%
6	CG	Centerra Gold Inc	2.31%
7	SXGC	Southern Cross Gold Consolidated Ltd.	2.23%
8	ABX	Barrick Gold Corp	2.21%
9	DSV	DSV A/S	2.21%
10	DPM	Dundee Precious Metals Inc	2.20%

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

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

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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