Question 1

What is ZCLN?

Accepted Answer

ZCLN — BMO Clean Energy Index ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the ZCLN ETF price today?

Accepted Answer

ZCLN last traded at $19.70 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZCLN MER (management expense ratio)?

Accepted Answer

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

Question 4

What are ZCLN annualised returns?

Accepted Answer

ZCLN historical returns: YTD: +8.78%, 1-year: +41.23%, 3-year annualised: +2.45%, 5-year annualised: +0.02%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.27, which measures risk-adjusted return.

Question 5

Does ZCLN pay dividends or distributions?

Accepted Answer

Yes, ZCLN distributes income to unitholders. The current distribution yield is approximately 1.34%, paid annually. 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 ZCLN invest in?

Accepted Answer

ZCLN's top holdings include Bloom Energy Corp (BE, 15.4%), First Solar Inc (FSLR, 8.9%), Nextracker Inc. Class A Common Stock (NXT, 7.5%), China Yangtze Power Co Ltd (600900, 5.7%), Enphase Energy Inc (ENPH, 5.0%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Gbl SMID GR CAD.

Question 7

What sectors does ZCLN invest in?

Accepted Answer

ZCLN's largest sector exposures are Technology (34.4%), Utilities (33.5%), Industrials (30.6%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZCLN? (Assets under management)

Accepted Answer

ZCLN has approximately $80M 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 ZCLN launched?

Accepted Answer

ZCLN was launched on January 26, 2021, giving it a 5-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 ZCLN in Canada?

Accepted Answer

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

Accepted Answer

ZCLN has a 1-year volatility of 26.55% and a beta of 1.02 (roughly in line with the broad market). Its 3-year Sharpe ratio of 0.27 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	$19.91	$20.09	$19.67	$19.70	$19.70	11,394
2026-07-17	$19.85	$20.17	$19.49	$19.91	$19.91	7,420
2026-07-16	$20.60	$20.60	$19.85	$19.93	$19.93	15,407
2026-07-15	$20.83	$20.83	$20.34	$20.67	$20.67	5,328
2026-07-14	$20.72	$20.86	$20.57	$20.67	$20.67	8,312
2026-07-13	$20.99	$20.99	$20.39	$20.39	$20.39	7,003
2026-07-10	$21.13	$21.13	$20.80	$21.02	$21.02	12,853
2026-07-09	$21.50	$21.50	$21.13	$21.13	$21.13	14,969
2026-07-08	$21.10	$21.10	$20.49	$20.85	$20.85	12,250
2026-07-07	$22.17	$22.17	$21.08	$21.08	$21.08	19,772

#	Ticker	Name	Weight
1	BE	Bloom Energy Corp	15.44%
2	FSLR	First Solar Inc	8.88%
3	NXT	Nextracker Inc. Class A Common Stock	7.47%
4	600900	China Yangtze Power Co Ltd	5.69%
5	ENPH	Enphase Energy Inc	5.00%
6	VWS	Vestas Wind Systems A/S	3.01%
7	PLUG	Plug Power Inc	2.91%
8	SEDG	SolarEdge Technologies Inc	2.57%
9	SUZLON	Suzlon Energy Limited	2.48%
10	EQTL3	Equatorial Energia S.A	2.38%

Sector	Weight
Technology	34.38%
Utilities	33.53%
Industrials	30.64%
Basic Materials	1.44%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%

BMO Clean Energy Index ETF (ZCLN : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About BMO Clean Energy Index ETF

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