Question 1

What is ZWG?

Accepted Answer

ZWG — BMO Global High Dividend Covered Call ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the ZWG ETF price today?

Accepted Answer

ZWG last traded at $36.58 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZWG MER (management expense ratio)?

Accepted Answer

ZWG has a management expense ratio (MER) of 0.65% 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.

Question 4

What are ZWG annualised returns?

Accepted Answer

ZWG historical returns: YTD: +8.61%, 1-year: +21.30%, 3-year annualised: +15.41%, 5-year annualised: +10.76%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.32, which measures risk-adjusted return.

Question 5

Does ZWG pay dividends or distributions?

Accepted Answer

Yes, ZWG distributes income to unitholders. The current distribution yield is approximately 5.87%. 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 ZWG invest in?

Accepted Answer

ZWG's top holdings include Cisco Systems Inc (CSCO, 4.8%), AbbVie Inc (ABBV, 4.7%), Merck & Company Inc (MRK, 4.4%), JPMorgan Chase & Co (JPM, 4.4%), Microsoft Corporation (MSFT, 4.3%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Global Markets GR CAD.

Question 7

What sectors does ZWG invest in?

Accepted Answer

ZWG's largest sector exposures are Technology (27.8%), Financial Services (17.2%), Healthcare (10.4%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZWG? (Assets under management)

Accepted Answer

ZWG has approximately $322M 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 ZWG launched?

Accepted Answer

ZWG was launched on January 15, 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 10

How do I buy ZWG in Canada?

Accepted Answer

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

Accepted Answer

ZWG has a 1-year volatility of 7.55% and a beta of 0.67 (less volatile than the broad market). Its 3-year Sharpe ratio of 1.32 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
2026-09-03	$36.49	$36.58	$36.40	$36.58	$36.58	1,934
2026-09-02	$36.66	$36.66	$36.33	$36.43	$36.43	2,813
2026-09-01	$36.54	$36.54	$36.31	$36.31	$36.31	12,416
2026-08-31	$36.43	$36.45	$36.39	$36.42	$36.42	3,084
2026-08-28	$36.63	$36.63	$36.49	$36.49	$36.49	1,900
2026-08-27	$36.80	$36.80	$36.65	$36.73	$36.73	2,750
2026-08-26	$36.93	$36.95	$36.79	$36.87	$36.87	2,665
2026-08-25	$36.65	$36.79	$36.63	$36.79	$36.79	10,656
2026-08-24	$36.44	$36.63	$36.44	$36.54	$36.54	3,462
2026-08-21	$36.28	$36.40	$36.28	$36.40	$36.40	5,124

#	Ticker	Name	Weight
1	CSCO	Cisco Systems Inc	4.84%
2	ABBV	AbbVie Inc	4.71%
3	MRK	Merck & Company Inc	4.38%
4	JPM	JPMorgan Chase & Co	4.36%
5	MSFT	Microsoft Corporation	4.31%
6	CAT	Caterpillar Inc	4.28%
7	XOM	Exxon Mobil Corp	4.18%
8	HD	The Home Depot Inc	4.01%
9	AAPL	Apple Inc.	3.93%
10	VZ	Verizon Communications Inc	3.62%

Sector	Weight
Technology	27.79%
Financial Services	17.15%
Healthcare	10.44%
Industrials	8.58%
Consumer Cyclicals	7.01%
Energy	6.99%
Communication Services	6.63%
Basic Materials	5.06%
Consumer Defensive	5.01%
Utilities	2.72%
Real Estate	2.64%

Ticker	Name	Price	1D
MSTU		$37.08	+34.64%
RBNU		$45.39	+32.56%
COIU		$28.79	+18.77%
HODY	Harvest Robinhood Enhanced High Income Shares ETF	$7.95	+15.38%
PLTU		$32.95	+15.21%
MSTE	Harvest MicroStrategy Enhanced High Income Shares ETF - Class A Units	$2.54	+14.41%
ORBU		$10.01	+14.40%
CLHI	Ninepoint Celestica HighShares ETF	$8.03	+13.90%

CIBC Investor's Edge

BMO Global High Dividend Covered Call ETF (ZWG : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About BMO Global High Dividend Covered Call ETF

ETF Details

7 stocks to buy and hold forever

Compare ZWG

Explore More

Compare ZWG vs Similar ETFs

Frequently Asked Questions — ZWG