Question 1

What is ZAG?

Accepted Answer

ZAG (BMO Aggregate Bond Index ETF) is a Canadian-listed ETF trading on the TSX in the Canadian Fixed Income category. It tracks the Morningstar Can Core Bd GR CAD.

Question 2

What is the ZAG ETF price today?

Accepted Answer

ZAG last traded at $13.70 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZAG MER (management expense ratio)?

Accepted Answer

ZAG 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%, ZAG is considered a low-cost ETF.

Question 4

What are ZAG annualised returns?

Accepted Answer

ZAG historical returns: YTD: -0.22%, 1-year: +4.07%, 3-year annualised: +4.31%, 5-year annualised: +0.34%, 10-year annualised: +1.50%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.15, which measures risk-adjusted return.

Question 5

Does ZAG pay dividends or distributions?

Accepted Answer

Yes, ZAG distributes income to unitholders. The current distribution yield is approximately 3.40%, 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 ZAG invest in?

Accepted Answer

ZAG's top holdings include Canada (Government of) 0.5% (null, 1.3%), Quebec (Province Of) 3.5% (null, 1.2%), Canada (Government of) 1.5% (null, 1.0%), Ontario (Province Of) 3.5% (null, 1.0%), Canada (Government of) (null, 0.9%) — and 2 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Can Core Bd GR CAD.

Question 7

What sectors does ZAG invest in?

Accepted Answer

ZAG's largest sector exposures are Basic Materials (0.0%), Consumer Cyclicals (0.0%), Financial Services (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZAG? (Assets under management)

Accepted Answer

ZAG has approximately $13.16B 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 ZAG launched?

Accepted Answer

ZAG was launched on January 19, 2010, giving it a 16-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 ZAG in Canada?

Accepted Answer

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

Accepted Answer

ZAG has a 1-year volatility of 4.01% and a beta of 1.00 (roughly in line with the broad market). Its 3-year Sharpe ratio of 0.15 indicates below-average risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-20	$13.72	$13.72	$13.68	$13.70	$13.70	539,246
2026-07-17	$13.73	$13.74	$13.69	$13.69	$13.69	539,289
2026-07-16	$13.70	$13.73	$13.69	$13.73	$13.73	569,211
2026-07-15	$13.70	$13.73	$13.70	$13.72	$13.72	588,078
2026-07-14	$13.70	$13.71	$13.68	$13.69	$13.69	530,550
2026-07-13	$13.72	$13.72	$13.68	$13.70	$13.70	613,434
2026-07-10	$13.73	$13.75	$13.71	$13.75	$13.75	369,710
2026-07-09	$13.71	$13.74	$13.71	$13.74	$13.74	573,883
2026-07-08	$13.71	$13.71	$13.67	$13.70	$13.70	668,591
2026-07-07	$13.80	$13.80	$13.76	$13.76	$13.76	515,434

#	Name	Weight
1	Canada (Government of) 0.5%	1.28%
2	Quebec (Province Of) 3.5%	1.16%
3	Canada (Government of) 1.5%	0.98%
4	Ontario (Province Of) 3.5%	0.98%
5	Canada (Government of)	0.92%
6	Ontario (Province Of) 3.45%	0.92%
7	Ontario (Province Of) 2.9%	0.91%

Sector	Weight
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

BMO Aggregate Bond Index ETF (ZAG : TSX)

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Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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