Question 1

What is ZDV?

Accepted Answer

ZDV (BMO Canadian Dividend) is a Canadian-listed ETF trading on the TSX in the Canada Equity category. It tracks the Morningstar Canada GR CAD.

Question 2

What is the ZDV ETF price today?

Accepted Answer

ZDV last traded at $33.55 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZDV MER (management expense ratio)?

Accepted Answer

ZDV has a management expense ratio (MER) of 0.35% 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.

Question 4

What are ZDV annualised returns?

Accepted Answer

ZDV historical returns: YTD: +21.91%, 1-year: +31.37%, 3-year annualised: +28.35%, 5-year annualised: +15.01%, 10-year annualised: +11.67%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 2.18, which measures risk-adjusted return.

Question 5

Does ZDV pay dividends or distributions?

Accepted Answer

Yes, ZDV distributes income to unitholders. The current distribution yield is approximately 2.80%, 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 ZDV invest in?

Accepted Answer

ZDV's top holdings include Royal Bank of Canada (RY, 8.4%), Toronto Dominion Bank (TD, 7.0%), Bank of Nova Scotia (BNS, 5.5%), Canadian Imperial Bank Of Commerce (CM, 4.6%), Canadian Natural Resources Ltd (CNQ, 4.2%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Canada GR CAD.

Question 7

What sectors does ZDV invest in?

Accepted Answer

ZDV's largest sector exposures are Financial Services (39.9%), Energy (21.1%), Basic Materials (12.6%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZDV? (Assets under management)

Accepted Answer

ZDV has approximately $1.93B 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 ZDV launched?

Accepted Answer

ZDV was launched on October 21, 2011, giving it a 15-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 ZDV in Canada?

Accepted Answer

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

Accepted Answer

ZDV has a 1-year volatility of 9.35% and a beta of 0.84 (less volatile than the broad market). Its 3-year Sharpe ratio of 2.18 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
2026-10-29	$33.50	$33.68	$33.43	$33.55	$33.55	28,300
2026-10-28	$33.51	$33.58	$33.46	$33.56	$33.56	65,973
2026-10-27	$33.46	$33.54	$33.38	$33.51	$33.51	21,600
2026-10-26	$33.28	$33.48	$33.27	$33.39	$33.39	54,023
2026-10-23	$33.35	$33.43	$33.09	$33.25	$33.25	27,672
2026-10-22	$33.42	$33.49	$33.26	$33.47	$33.47	61,970
2026-10-21	$33.37	$33.60	$33.37	$33.54	$33.54	47,365
2026-10-20	$33.15	$33.39	$33.15	$33.32	$33.32	27,873
2026-10-19	$33.35	$33.35	$33.11	$33.20	$33.20	39,101
2026-10-16	$33.21	$33.50	$33.21	$33.46	$33.46	51,542

#	Ticker	Name	Weight
1	RY	Royal Bank of Canada	8.39%
2	TD	Toronto Dominion Bank	6.95%
3	BNS	Bank of Nova Scotia	5.52%
4	CM	Canadian Imperial Bank Of Commerce	4.57%
5	CNQ	Canadian Natural Resources Ltd	4.23%
6	ENB	Enbridge Inc	3.98%
7	BMO	Bank of Montreal	3.15%
8	ABX	Barrick Gold Corp	2.58%
9	AEM	Agnico Eagle Mines Limited	2.68%
10	SU	Suncor Energy Inc	2.38%

Sector	Weight
Financial Services	39.90%
Energy	21.15%
Basic Materials	12.57%
Utilities	7.07%
Industrials	6.83%
Communication Services	4.08%
Real Estate	3.67%
Consumer Cyclicals	2.92%
Consumer Defensive	2.21%
Healthcare	0.83%
Technology	0.00%

Ticker	Name	Price	1D
CGMD		$7.10	+11.64%
LLHE-U	Harvest Eli Lilly Enhanced High Income Shares ETF	$11.25	+9.22%
GASD		$6.29	+8.45%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$9.91	+7.89%
SLVD	BetaPro Silver -2x Daily Bear ETF	$45.86	+7.83%
HND	BetaPro Natural Gas 2x Daily Bear	$29.33	+6.97%
LLHE	Harvest Eli Lilly Enhanced High Income Shares ETF - Class A Units	$11.55	+6.06%
QQQD		$6.98	+4.96%

BMO Canadian Dividend (ZDV : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

7 stocks to buy and hold forever

Compare ZDV

Explore More

Compare ZDV vs Similar ETFs

Frequently Asked Questions — ZDV