Question 1

What is ZZZD?

Accepted Answer

ZZZD — BMO Tactical Dividend ETF Series ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the ZZZD ETF price today?

Accepted Answer

ZZZD last traded at $32.22 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZZZD MER (management expense ratio)?

Accepted Answer

ZZZD has a management expense ratio (MER) of 0% 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. At 0%, ZZZD is considered a low-cost ETF.

Question 4

What are ZZZD annualised returns?

Accepted Answer

ZZZD historical returns: YTD: +9.48%, 1-year: +14.37%, 3-year annualised: +9.74%, 5-year annualised: +6.81%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.17, which measures risk-adjusted return.

Question 5

Does ZZZD pay dividends or distributions?

Accepted Answer

Yes, ZZZD distributes income to unitholders. The current distribution yield is approximately 3.76%, paid quarterly. 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 ZZZD invest in?

Accepted Answer

ZZZD's top holdings include BMO Premium Yield ETF (ZPAY, 23.0%), BMO Europe High Dividend Covered Call ETF (ZWP, 22.0%), BMO Covered Call Utilities ETF (ZWU, 13.0%), BMO Canadian High Dividend Covered Call (ZWC, 7.6%), BMO Covered Call Technology ETF (ZWT, 7.5%) — and 4 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Can Neu Gbl Tgt Alloc NR CAD.

Question 7

What sectors does ZZZD invest in?

Accepted Answer

ZZZD's largest sector exposures are Technology (16.3%), Financial Services (16.3%), Healthcare (12.6%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZZZD? (Assets under management)

Accepted Answer

ZZZD has approximately $25M 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 ZZZD launched?

Accepted Answer

ZZZD was launched on January 7, 2019, giving it a 7-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 ZZZD in Canada?

Accepted Answer

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

Accepted Answer

ZZZD has a 1-year volatility of 5.11% and a beta of 0.17 (less volatile than the broad market). Its 3-year Sharpe ratio of 1.17 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	$32.22	$32.22	$32.22	$32.22	$32.22	1,401
2026-07-30	$32.45	$32.55	$32.45	$32.45	$32.45	1,900
2026-07-29	$32.05	$32.05	$32.05	$32.05	$32.05	158
2026-07-28	$32.27	$32.27	$32.20	$32.20	$32.20	6,300
2026-07-27	$32.51	$32.51	$32.30	$32.38	$32.38	7,606
2026-07-24	$32.14	$32.37	$32.14	$32.37	$32.37	4,648
2026-07-23	$32.16	$32.16	$32.16	$32.16	$32.16	0
2026-07-22	$32.25	$32.25	$32.13	$32.13	$32.13	2,525
2026-07-21	$32.08	$32.08	$32.08	$32.08	$32.08	0
2026-07-20	$31.98	$31.98	$31.98	$31.98	$31.98	0

#	Ticker	Name	Weight
1	ZPAY	BMO Premium Yield ETF	22.99%
2	ZWP	BMO Europe High Dividend Covered Call ETF	21.98%
3	ZWU	BMO Covered Call Utilities ETF	13.04%
4	ZWC	BMO Canadian High Dividend Covered Call	7.62%
5	ZWT	BMO Covered Call Technology ETF	7.52%
6	DEM	WisdomTree Emerging Markets High Dividend Fund	6.76%
7	ZWHC	BMO Covered Call Health Care ETF	5.17%
8	DGS	WisdomTree Emerging Markets SmallCap Dividend Fund	4.96%
9	DES	WisdomTree U.S. SmallCap Dividend Fund	2.46%

Sector	Weight
Technology	16.31%
Financial Services	16.30%
Healthcare	12.63%
Utilities	12.16%
Communication Services	10.17%
Energy	9.80%
Industrials	7.73%
Consumer Defensive	5.29%
Consumer Cyclicals	4.21%
Basic Materials	4.20%
Real Estate	1.22%

Ticker	Name	Price	1D
AMZU		$28.46	+30.19%
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%
ALPU		$19.24	+13.51%
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 Tactical Dividend ETF Series ETF (ZZZD : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About BMO Tactical Dividend ETF Series ETF

ETF Details

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Frequently Asked Questions — ZZZD