Question 1

What is ZGD?

Accepted Answer

ZGD (BMO Equal Weight Global Gold Index ETF) is a Canadian-listed ETF trading on the TSX in the Precious Metals Equity category. It tracks the Morningstar Gbl Gold GR CAD.

Question 2

What is the ZGD ETF price today?

Accepted Answer

ZGD last traded at $32.54 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZGD MER (management expense ratio)?

Accepted Answer

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

Question 4

What are ZGD annualised returns?

Accepted Answer

ZGD historical returns: YTD: -87.96%, 1-year: +66.57%, 3-year annualised: +70.79%, 5-year annualised: +38.51%, 10-year annualised: +18.04%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.41, which measures risk-adjusted return.

Question 5

Does ZGD pay dividends or distributions?

Accepted Answer

Yes, ZGD distributes income to unitholders. The current distribution yield is approximately 0.18%, 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 ZGD invest in?

Accepted Answer

ZGD's top holdings include Coeur Mining Inc (CDE, 3.7%), Wesdome Gold Mines Ltd. (WDO, 3.0%), Equinox Gold Corp (EQX, 2.9%), Montage Gold Corp. (MAU, 2.9%), Centerra Gold Inc (CG, 2.6%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Gbl Gold GR CAD.

Question 7

What sectors does ZGD invest in?

Accepted Answer

ZGD's largest sector exposures are Basic Materials (100.0%), 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 ZGD? (Assets under management)

Accepted Answer

ZGD has approximately $407M 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 ZGD launched?

Accepted Answer

ZGD was launched on November 14, 2012, giving it a 14-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 ZGD in Canada?

Accepted Answer

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

Accepted Answer

ZGD has a 1-year volatility of 55.27% and a beta of 1.09 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.41 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
2026-09-10	$32.62	$32.96	$32.35	$32.54	$32.54	29,305
2026-09-09	$33.88	$34.25	$33.44	$33.60	$33.60	12,696
2026-09-08	$33.50	$33.70	$33.25	$33.25	$33.25	16,310
2026-09-04	$33.02	$33.71	$33.02	$33.56	$33.56	19,200
2026-09-03	$34.77	$34.77	$33.55	$34.10	$34.10	34,073
2026-09-02	$30.95	$33.32	$30.83	$33.01	$33.01	22,998
2026-09-01	$32.04	$33.11	$31.86	$31.88	$31.88	60,879
2026-08-31	$33.50	$33.50	$32.84	$33.36	$33.36	17,972
2026-08-28	$35.25	$35.38	$33.54	$33.90	$33.90	41,686
2026-08-27	$34.87	$35.22	$34.87	$35.22	$35.22	22,973

#	Ticker	Name	Weight
1	CDE	Coeur Mining Inc	3.71%
2	WDO	Wesdome Gold Mines Ltd.	3.00%
3	EQX	Equinox Gold Corp	2.91%
4	MAU	Montage Gold Corp.	2.88%
5	CG	Centerra Gold Inc	2.58%
6	ORE	Orezone Gold Corp	2.51%
7	DPM	Dundee Precious Metals Inc	2.45%
8	SXGC	Southern Cross Gold Consolidated Ltd.	2.39%
9	DSV	Discovery Silver Corp.	2.37%
10	SSRM	SSR Mining Inc	2.36%

Sector	Weight
Basic Materials	100.00%
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%

Ticker	Name	Price	1D
OILU		$65.56	+11.27%
HOU	BetaPro Crude Oil Daily Bull ETF	$29.03	+11.14%
SLVD	BetaPro Silver -2x Daily Bear ETF	$31.94	+10.98%
CGMD		$5.11	+10.61%
SOXD		$15.41	+7.69%
AAPU		$43.36	+7.33%
MSTZ		$3.24	+7.28%
GASD		$5.46	+6.64%

CIBC Investor's Edge

BMO Equal Weight Global Gold Index ETF (ZGD : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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Frequently Asked Questions — ZGD