Question 1

What is ZMBS?

Accepted Answer

ZMBS — BMO Canadian MBS Index ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the ZMBS ETF price today?

Accepted Answer

ZMBS last traded at $30.61 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZMBS MER (management expense ratio)?

Accepted Answer

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

Question 4

What are ZMBS annualised returns?

Accepted Answer

ZMBS historical returns: YTD: -0.20%, 1-year: +2.95%, 3-year annualised: +4.40%, 5-year annualised: +1.90%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.42, which measures risk-adjusted return.

Question 5

Does ZMBS pay dividends or distributions?

Accepted Answer

Yes, ZMBS distributes income to unitholders. The current distribution yield is approximately 2.82%. 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 sectors does ZMBS invest in?

Accepted Answer

ZMBS's largest sector exposures are Basic Materials (0.0%), Consumer Cyclicals (0.0%), Financial Services (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 7

How large is ZMBS? (Assets under management)

Accepted Answer

ZMBS has approximately $466M 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 8

When was ZMBS launched?

Accepted Answer

ZMBS was launched on January 28, 2020, giving it a 6-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 9

How do I buy ZMBS in Canada?

Accepted Answer

ZMBS trades on the TSX under the ticker ZMBS. 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 10

How risky is ZMBS?

Accepted Answer

ZMBS has a 1-year volatility of 1.32% and a beta of 0.00 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.42 indicates below-average risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-13	$30.61	$30.61	$30.61	$30.61	$30.61	0
2026-07-10	$30.63	$30.63	$30.63	$30.63	$30.63	0
2026-07-09	$30.59	$30.59	$30.59	$30.59	$30.59	0
2026-07-08	$30.59	$30.59	$30.59	$30.59	$30.59	100
2026-07-07	$30.67	$30.67	$30.67	$30.67	$30.67	0
2026-07-06	$30.63	$30.63	$30.63	$30.63	$30.63	0
2026-07-03	$30.63	$30.63	$30.63	$30.63	$30.63	1,200
2026-07-02	$30.62	$30.62	$30.62	$30.62	$30.62	0
2026-06-30	$30.63	$30.63	$30.62	$30.62	$30.62	1,400
2026-06-29	$30.72	$30.72	$30.72	$30.72	$30.72	0

Sector	Weight
Basic Materials	0.00%
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%

BMO Canadian MBS Index ETF (ZMBS : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Sector Weights

About BMO Canadian MBS Index ETF

ETF Details

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Frequently Asked Questions — ZMBS