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 $33.65 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: -87.55%, 1-year: +91.61%, 3-year annualised: +73.28%, 5-year annualised: +40.34%, 10-year annualised: +17.71%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.20, 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 0.24%, 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, 3.8%), Montage Gold Corp. (MAU, 2.9%), Wesdome Gold Mines Ltd. (WDO, 2.9%), Orezone Gold Corp (ORE, 2.6%), 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 $397M 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 51.74% and a beta of 1.12 (more volatile than the broad market). Its 3-year Sharpe ratio of 1.20 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
2026-08-20	$32.03	$33.65	$32.03	$33.65	$33.65	66,817
2026-08-19	$32.00	$33.10	$31.85	$33.09	$33.09	44,408
2026-08-18	$31.03	$31.17	$30.45	$30.57	$30.57	10,414
2026-08-17	$31.40	$31.90	$31.25	$31.61	$31.61	27,868
2026-08-14	$30.98	$31.64	$30.90	$31.19	$31.19	27,300
2026-08-13	$30.93	$31.00	$30.50	$30.80	$30.80	43,844
2026-08-12	$32.92	$32.92	$31.41	$31.50	$31.50	30,528
2026-08-11	$31.18	$31.50	$30.97	$31.25	$31.25	48,238
2026-08-10	$30.19	$31.38	$30.19	$31.24	$31.24	46,202
2026-08-07	$3032.30	$3107.30	$3032.30	$3107.20	$310.72	8,800

#	Ticker	Name	Weight
1	CDE	Coeur Mining Inc	3.78%
2	MAU	Montage Gold Corp.	2.94%
3	WDO	Wesdome Gold Mines Ltd.	2.89%
4	ORE	Orezone Gold Corp	2.61%
5	SSRM	SSR Mining Inc	2.48%
6	DPM	Dundee Precious Metals Inc	2.43%
7	CG	Centerra Gold Inc	2.40%
8	SXGC	Southern Cross Gold Consolidated Ltd.	2.35%
9	DSV	Discovery Silver Corp.	2.35%
10	RIO	Rio2 Ltd	2.26%

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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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