Question 1

What is ZRR?

Accepted Answer

ZRR (BMO Real Return Bond Index ETF) is a Canadian-listed ETF trading on the TSX in the Inflation-Linked Bonds category. It tracks the Morningstar Can Trsy Inf-Lnkd GR CAD.

Question 2

What is the ZRR ETF price today?

Accepted Answer

ZRR last traded at $13.95 CAD on the TSX. See the price chart above for recent performance.

Question 3

What are ZRR annualised returns?

Accepted Answer

ZRR historical returns: YTD: +0.65%, 1-year: +2.35%, 3-year annualised: +5.53%, 5-year annualised: -0.56%, 10-year annualised: +1.01%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.41, which measures risk-adjusted return.

Question 4

Does ZRR pay dividends or distributions?

Accepted Answer

Yes, ZRR distributes income to unitholders. The current distribution yield is approximately 4.48%, paid monthly. 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 5

What does ZRR invest in?

Accepted Answer

ZRR's top holdings include Canada (Government of) 1.5% (null, 15.1%), Canada (Government of) (null, 15.1%), Canada (Government of) 1.25% (null, 13.7%), Canada (Government of) 4.25% (null, 13.5%), Canada (Government of) 0.5% (null, 11.4%) — and 1 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Can Trsy Inf-Lnkd GR CAD.

Question 6

What sectors does ZRR invest in?

Accepted Answer

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

Question 7

How large is ZRR? (Assets under management)

Accepted Answer

ZRR has approximately $95M 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 ZRR launched?

Accepted Answer

ZRR was launched on May 19, 2010, giving it a 16-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 ZRR in Canada?

Accepted Answer

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

Accepted Answer

ZRR has a 1-year volatility of 6.05% and a beta of 1.05 (roughly in line with the broad market). Its 3-year Sharpe ratio of 0.41 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
2026-11-10	$13.97	$13.97	$13.92	$13.95	$13.95	18,206
2026-11-09	$14.07	$14.07	$14.00	$14.05	$14.05	22,274
2026-11-06	$14.03	$14.10	$14.01	$14.01	$14.01	12,098
2026-11-05	$14.02	$14.04	$13.99	$14.00	$14.00	7,459
2026-11-04	$13.96	$14.04	$13.96	$14.04	$14.04	2,261
2026-11-03	$14.01	$14.01	$13.96	$13.98	$13.98	5,861
2026-11-02	$14.01	$14.01	$14.00	$14.01	$14.01	4,601
2026-10-30	$13.91	$13.97	$13.91	$13.93	$13.93	3,900
2026-10-29	$13.92	$13.92	$13.90	$13.90	$13.90	4,100
2026-10-28	$14.01	$14.01	$13.93	$13.93	$13.93	1,622

#	Name	Weight
1	Canada (Government of) 1.5%	15.10%
2	Canada (Government of)	15.08%
3	Canada (Government of) 1.25%	13.66%
4	Canada (Government of) 4.25%	13.49%
5	Canada (Government of) 0.5%	11.44%
6	Canada (Government of) 0.25%	0.56%

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

Ticker	Name	Price	1D
CGMD		$5.13	+14.00%
NVDD		$15.27	+11.62%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$8.18	+10.09%
MSTZ		$2.66	+8.57%
COID		$6.48	+8.00%
CCUL	Counterpoint Global CIBC U.S. Large Cap Growth ETF	$23.18	+7.91%
SLVD	BetaPro Silver -2x Daily Bear ETF	$46.09	+7.19%
SHPD		$5.24	+6.50%

BMO Real Return Bond Index ETF (ZRR : 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 — ZRR