ZDIV.TO
BMO MSCI Canada IMI High Dividend Yield Index ETF
Canadian
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 17.3 M
ASSETS UNDER MGMT
9 bp
EXPENSES
Fund Basics
| Inception date | Jan 23, 2026 |
| Regulation | |
| Fund Website | link... |
| Distributions | |
| Currency | CAD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| SUNCOR ENERGY INC | 6.4 % |
| CANADIAN NATURAL RESOURCES | 6.0 % |
| PEMBINA PIPELINE CORP | 5.4 % |
| NATIONAL BANK OF CANADA | 5.3 % |
| NUTRIEN LTD. | 5.3 % |
| SUN LIFE FINANCIAL INC | 5.0 % |
| ENBRIDGE INC | 4.9 % |
| POWER CORP OF CANADA | 4.8 % |
| FORTIS INC | 4.4 % |
| MANULIFE FINANCIAL CORP | 4.4 % |
Constituent Breakdown
| Number of holdings | 52 |
| Herfindahl-Hirschman Index | 391 |
| Wgt avg mkt cap (mns) | $30,608 |
| Large cap (>$10bn) | 73.0% |
| Mid cap ($2-10bn) | 15.0% |
| Small cap (<$2bn) | 4.0% |
| Developed mkts. | 91.9% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
CANADA | 91.9 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -- | -- | -- | -- | -- | -- | -- | 12.3% |
| Dividend Yield | -- | -- | -- | -- | -- | -- | -- | 0.7% |
| Total Returns | -- | -- | -- | -- | -- | -- | -- | 13.0% | Ann. Volatility | -- | -- | -- | -- | -- | -- | -- | 10.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 2 |
| ADV traded (mns) | $0 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $33.69 |
| Relative strength (RSI) | 59 |
| MACD/Signal | 0.40/0.47 |
| Bollinger Bands (Upper/Lower) | $34.98/$33.10 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. ZDIV.TO |
Expenses vs. ZDIV.TO |
ALTAR Score™ vs. ZDIV.TO |
|---|---|---|---|---|
| XDIV.TO | iShares Core MSCI Canadian Quality Dividend Index ETF | 56.5% | +2 bp | -0.1% |
| XEI.TO | iShares S&P/TSX Composite High Dividend Index ETF | 47.5% | +13 bp | -1.0% |
| PDC.TO | Invesco Canadian Dividend Index ETF | 46.1% | +41 bp | -1.4% |
| VDY.TO | Vanguard FTSE Canadian High Dividend Yield Index ETF | 44.2% | +11 bp | -1.0% |
| XCV.TO | iShares Canadian Value Index ETF | 37.9% | +46 bp | -1.2% |
| FCCD.TO | Fidelity Canadian High Dividend ETF | 37.5% | +26 bp | -0.7% |
| ZDV.TO | BMO Canadian Dividend ETF | 36.1% | +26 bp | -1.7% |
| MHDC.TO | Mackenzie Canadian High Dividend Yield ETF | 35.6% | +46 bp | -0.3% |
| NRGY.TO | Global X Equal Weight Canadian Oil & Gas Index ETF | 35.5% | +31 bp | -1.2% |
| ZEO.TO | BMO Equal Weight Oil & Gas Index ETF | 35.5% | +46 bp | -1.3% |
Risk and Returns: ZDIV.TO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (CAD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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ETF Research Center Rating
7.2%
ALTAR SCORE™
82nd
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 104 funds in the Canadian Equity category with an average
ALTAR Score™ of 5.9% and a standard deviation
of 1.4%. ZDIV.TO's ALTAR Score™ is approximately 0.9 standard
deviations above the category average. This places ZDIV.TO in the 82nd percentile
among funds in the category.
Sell-Side Consensus
$34.82
PRICE TARGET
+1.0%
UPSIDE