Question 1

What is ZWP?

Accepted Answer

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

Question 2

What is the ZWP ETF price today?

Accepted Answer

ZWP last traded at $21.17 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZWP MER (management expense ratio)?

Accepted Answer

ZWP 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 ZWP annualised returns?

Accepted Answer

ZWP historical returns: YTD: +3.93%, 1-year: +14.90%, 3-year annualised: +13.81%, 5-year annualised: +10.75%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.14, which measures risk-adjusted return.

Question 5

Does ZWP pay dividends or distributions?

Accepted Answer

Yes, ZWP distributes income to unitholders. The current distribution yield is approximately 6.12%, 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 6

What does ZWP invest in?

Accepted Answer

ZWP's top holdings include ASML Holding N.V. (ASML, 5.7%), HSBC Holdings PLC (HSBA, 5.6%), Siemens Aktiengesellschaft (SIE, 5.3%), Roche Holding AG (ROP, 5.0%), Intesa Sanpaolo SpA (ISP, 5.0%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Eur GR CAD.

Question 7

What sectors does ZWP invest in?

Accepted Answer

ZWP's largest sector exposures are Financial Services (25.1%), Industrials (14.8%), Healthcare (12.7%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZWP? (Assets under management)

Accepted Answer

ZWP has approximately $1.10B 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 ZWP launched?

Accepted Answer

ZWP was launched on March 1, 2018, giving it a 8-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 ZWP in Canada?

Accepted Answer

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

Accepted Answer

ZWP has a 1-year volatility of 10.26% and a beta of 0.77 (less volatile than the broad market). Its 3-year Sharpe ratio of 1.14 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
2026-07-31	$21.24	$21.24	$21.15	$21.17	$21.17	3,500
2026-07-30	$20.87	$21.18	$20.87	$21.18	$21.18	10,774
2026-07-29	$20.90	$21.05	$20.80	$20.84	$20.73	20,200
2026-07-28	$20.99	$21.00	$20.87	$20.90	$20.90	17,933
2026-07-27	$20.86	$21.00	$20.80	$20.80	$20.80	10,143
2026-07-24	$20.89	$20.96	$20.53	$20.80	$20.80	8,322
2026-07-23	$20.69	$20.86	$20.62	$20.86	$20.86	9,531
2026-07-22	$21.01	$21.01	$20.80	$20.81	$20.81	7,421
2026-07-21	$20.63	$20.86	$20.63	$20.79	$20.79	12,094
2026-07-20	$20.79	$20.79	$20.50	$20.59	$20.59	28,907

#	Ticker	Name	Weight
1	ASML	ASML Holding N.V.	5.75%
2	HSBA	HSBC Holdings PLC	5.59%
3	SIE	Siemens Aktiengesellschaft	5.31%
4	ROP	Roche Holding AG	5.03%
5	ISP	Intesa Sanpaolo SpA	4.99%
6	RIO	Rio Tinto PLC	4.50%
7	TTE	TotalEnergies SE	4.43%
8	ENEL	Enel SpA	4.32%
9	NOVN	Novartis AG	4.21%
10	ENGI	Engie S.A.	4.02%

Sector	Weight
Financial Services	25.09%
Industrials	14.83%
Healthcare	12.65%
Utilities	9.23%
Energy	8.58%
Consumer Defensive	7.82%
Technology	6.56%
Communication Services	6.02%
Basic Materials	5.52%
Consumer Cyclicals	3.70%
Real Estate	0.00%

Ticker	Name	Price	1D
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AMHE-U	Harvest Amazon Enhanced High Income Shares ETF	$14.27	+16.68%
COID		$8.24	+16.38%
AMHE	Harvest Amazon Enhanced High Income Shares ETF - Class A Units	$14.70	+14.84%
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AMZH-U	Harvest Amazon High Income Shares ETF	$13.87	+13.13%
MSFH-U	Harvest Microsoft Enhanced High Income Shares ETF	$9.48	+12.46%
PINV	Purpose Global Innovators Fund ETF	$31.26	+12.08%

BMO Europe High Dividend Covered Call ETF (ZWP : TSX)

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Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About BMO Europe High Dividend Covered Call ETF

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Frequently Asked Questions — ZWP