Question 1

What is ZBK?

Accepted Answer

ZBK (BMO Equal Weight US Banks Index ETF) is a Canadian-listed ETF trading on the TSX in the Financial Services Equity category. It tracks the Morningstar Gbl Fin Svc GR CAD.

Question 2

What is the ZBK ETF price today?

Accepted Answer

ZBK last traded at $48.82 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZBK MER (management expense ratio)?

Accepted Answer

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

Question 4

What are ZBK annualised returns?

Accepted Answer

ZBK historical returns: YTD: +13.17%, 1-year: +29.93%, 3-year annualised: +32.66%, 5-year annualised: +11.85%, 10-year annualised: +13.84%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.27, which measures risk-adjusted return.

Question 5

Does ZBK pay dividends or distributions?

Accepted Answer

Yes, ZBK distributes income to unitholders. The current distribution yield is approximately 1.66%, 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 ZBK invest in?

Accepted Answer

ZBK's top holdings include Citigroup Inc. (C, 6.0%), Goldman Sachs Group Inc (GS, 6.0%), East West Bancorp Inc (EWBC, 5.3%), Bank of America Corp (BAC, 5.2%), JPMorgan Chase & Co (JPM, 5.1%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Gbl Fin Svc GR CAD.

Question 7

What sectors does ZBK invest in?

Accepted Answer

ZBK's largest sector exposures are Financial Services (100.0%), Basic Materials (0.0%), Consumer Cyclicals (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZBK? (Assets under management)

Accepted Answer

ZBK has approximately $811M 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 ZBK launched?

Accepted Answer

ZBK was launched on February 10, 2014, giving it a 12-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 ZBK in Canada?

Accepted Answer

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

Accepted Answer

ZBK has a 1-year volatility of 14.64% and a beta of 1.89 (more volatile than the broad market). Its 3-year Sharpe ratio of 1.27 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
2026-07-20	$49.12	$49.26	$48.71	$48.82	$48.82	55,075
2026-07-17	$49.85	$49.85	$48.99	$49.11	$49.11	9,373
2026-07-16	$49.59	$50.00	$49.52	$49.91	$49.91	26,587
2026-07-15	$48.99	$49.32	$48.97	$49.26	$49.26	21,993
2026-07-14	$49.09	$49.58	$48.63	$48.95	$48.95	27,926
2026-07-13	$49.31	$49.31	$48.79	$49.22	$49.22	16,451
2026-07-10	$49.19	$49.27	$49.01	$49.27	$49.27	25,271
2026-07-09	$48.43	$49.04	$48.43	$48.89	$48.89	18,135
2026-07-08	$49.00	$49.00	$47.82	$47.97	$47.97	27,915
2026-07-07	$49.95	$49.95	$49.47	$49.49	$49.49	23,462

#	Ticker	Name	Weight
1	C	Citigroup Inc.	6.00%
2	GS	Goldman Sachs Group Inc	5.95%
3	EWBC	East West Bancorp Inc	5.33%
4	BAC	Bank of America Corp	5.17%
5	JPM	JPMorgan Chase & Co	5.12%
6	CFG	Citizens Financial Group, Inc.	5.12%
7	KEY	KeyCorp	5.06%
8	PNC	PNC Financial Services Group Inc	5.03%
9	FITB	Fifth Third Bancorp	4.95%
10	USB	U.S. Bancorp	4.92%

Sector	Weight
Financial Services	100.00%
Basic Materials	0.00%
Consumer Cyclicals	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 Equal Weight US Banks Index ETF (ZBK : 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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