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 $37.24 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: +10.57%, 1-year: +24.98%, 3-year annualised: +16.45%, 5-year annualised: +11.12%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.33, 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 Caterpillar Inc (CAT, 4.8%), Cisco Systems Inc (CSCO, 4.7%), AbbVie Inc (ABBV, 4.6%), JPMorgan Chase & Co (JPM, 4.3%), Apple Inc. (AAPL, 4.2%) — 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 (27.9%), Financial Services (17.1%), Healthcare (10.2%). 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 $323M 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 7.71% and a beta of 0.67 (less volatile than the broad market). Its 3-year Sharpe ratio of 1.33 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
2026-08-13	$37.17	$37.32	$37.11	$37.24	$37.24	9,654
2026-08-12	$37.24	$37.25	$37.18	$37.21	$37.21	2,369
2026-08-11	$37.30	$37.31	$37.15	$37.17	$37.17	3,820
2026-08-10	$37.12	$37.23	$37.12	$37.20	$37.20	6,351
2026-08-07	$37.13	$37.13	$37.05	$37.07	$37.07	3,172
2026-08-06	$37.20	$37.24	$37.09	$37.13	$37.13	6,383
2026-08-05	$37.33	$37.34	$37.23	$37.23	$37.23	7,592
2026-08-04	$36.88	$37.36	$36.88	$37.26	$37.26	8,745
2026-07-31	$36.54	$36.61	$36.35	$36.61	$36.61	2,400
2026-07-30	$36.37	$36.40	$36.20	$36.40	$36.40	891

#	Ticker	Name	Weight
1	CAT	Caterpillar Inc	4.83%
2	CSCO	Cisco Systems Inc	4.70%
3	ABBV	AbbVie Inc	4.61%
4	JPM	JPMorgan Chase & Co	4.32%
5	AAPL	Apple Inc.	4.19%
6	MRK	Merck & Company Inc	4.19%
7	HD	The Home Depot Inc	4.15%
8	XOM	Exxon Mobil Corp	3.91%
9	MSFT	Microsoft Corporation	3.69%
10	VZ	Verizon Communications Inc	3.33%

Sector	Weight
Technology	27.88%
Financial Services	17.09%
Healthcare	10.20%
Industrials	8.68%
Energy	7.01%
Consumer Cyclicals	6.89%
Communication Services	6.61%
Basic Materials	5.08%
Consumer Defensive	5.04%
Utilities	2.86%
Real Estate	2.65%

Ticker	Name	Price	1D
SHPU		$12.57	+10.75%
PLTU		$32.91	+10.21%
CGMD		$6.91	+8.82%
RBNU		$30.93	+8.76%
MUU		$14.96	+8.41%
TSLU		$13.29	+7.52%
COIU		$3.91	+6.83%
HODY	Harvest Robinhood Enhanced High Income Shares ETF	$6.50	+5.26%

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

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Frequently Asked Questions — ZWG