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 $36.43 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: +8.17%, 1-year: +23.94%, 3-year annualised: +15.90%, 5-year annualised: +10.91%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.47, 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 5.74%. 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 Caterpillar Inc (CAT, 5.2%), Cisco Systems Inc (CSCO, 5.0%), AbbVie Inc (ABBV, 4.2%), The Home Depot Inc (HD, 4.1%), JPMorgan Chase & Co (JPM, 4.1%) — 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 (29.2%), Financial Services (16.1%), Healthcare (9.6%). 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 $319M 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 7.27% and a beta of 0.67 (less volatile than the broad market). Its 3-year Sharpe ratio of 1.47 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
2026-07-23	$36.22	$36.53	$36.22	$36.43	$36.43	8,028
2026-07-22	$36.65	$36.78	$36.65	$36.65	$36.65	10,670
2026-07-21	$36.39	$36.63	$36.34	$36.63	$36.63	8,788
2026-07-20	$36.24	$36.39	$36.24	$36.29	$36.29	2,641
2026-07-17	$36.55	$36.55	$36.33	$36.41	$36.41	4,844
2026-07-16	$36.44	$36.66	$36.32	$36.66	$36.66	8,193
2026-07-15	$36.59	$36.69	$36.51	$36.62	$36.62	7,038
2026-07-14	$36.83	$36.83	$36.45	$36.48	$36.48	4,126
2026-07-13	$37.33	$37.33	$37.08	$37.10	$37.10	4,679
2026-07-10	$37.08	$37.25	$37.08	$37.25	$37.25	4,253

#	Ticker	Name	Weight
1	CAT	Caterpillar Inc	5.20%
2	CSCO	Cisco Systems Inc	5.03%
3	ABBV	AbbVie Inc	4.24%
4	HD	The Home Depot Inc	4.06%
5	JPM	JPMorgan Chase & Co	4.05%
6	MRK	Merck & Company Inc	3.92%
7	IBM	International Business Machines	3.87%
8	AAPL	Apple Inc.	3.82%
9	XOM	Exxon Mobil Corp	3.76%
10	MSFT	Microsoft Corporation	3.55%

Sector	Weight
Technology	29.24%
Financial Services	16.13%
Healthcare	9.64%
Industrials	8.97%
Consumer Cyclicals	6.89%
Energy	6.78%
Communication Services	6.63%
Consumer Defensive	5.21%
Basic Materials	5.18%
Utilities	2.79%
Real Estate	2.54%

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

CIBC Investor's Edge

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

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Frequently Asked Questions — ZWG