Question 1

What is ZMT?

Accepted Answer

ZMT (BMO S&P/TSX Equal Weight Global Base Metals (CAD Hedged)) is a Canadian-listed ETF trading on the TSX in the Natural Resources Equity category. It tracks the Morningstar Canada Natural Res NR CAD.

Question 2

What is the ZMT ETF price today?

Accepted Answer

ZMT last traded at $107.91 CAD on the TSX. See the price chart above for recent performance.

Question 3

What are ZMT annualised returns?

Accepted Answer

ZMT historical returns: YTD: -1.66%, 1-year: +3.05%, 3-year annualised: +28.99%, 5-year annualised: +14.45%, 10-year annualised: +11.39%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.00, which measures risk-adjusted return.

Question 4

Does ZMT pay dividends or distributions?

Accepted Answer

Yes, ZMT distributes income to unitholders. The current distribution yield is approximately 0.17%, 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 5

What does ZMT invest in?

Accepted Answer

ZMT's top holdings include Talon Metals Corp (TLO, 2.9%), Ero Copper Corp (ERO, 2.6%), Amerigo Resources Ltd. (ARG, 2.8%), Osisko Metals Incorporated (OM, 2.7%), Taseko Mines Ltd (TKO, 2.7%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Canada Natural Res NR CAD.

Question 6

What sectors does ZMT invest in?

Accepted Answer

ZMT's largest sector exposures are Basic Materials (89.4%), Industrials (8.8%), Energy (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 7

How large is ZMT? (Assets under management)

Accepted Answer

ZMT has approximately $66M 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 8

When was ZMT launched?

Accepted Answer

ZMT was launched on October 20, 2009, giving it a 17-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 9

How do I buy ZMT in Canada?

Accepted Answer

ZMT trades on the TSX under the ticker ZMT. 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 10

How risky is ZMT?

Accepted Answer

ZMT has a 1-year volatility of 35.48% and a beta of 0.91 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.00 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	$107.91	$107.91	$107.91	$107.91	$107.91	111
2026-10-28	$108.00	$108.00	$107.83	$108.00	$108.00	437
2026-10-27	$108.27	$108.35	$108.27	$108.35	$108.35	306
2026-10-26	$104.83	$104.83	$104.00	$104.08	$104.08	769
2026-10-23	$104.00	$104.00	$103.35	$103.35	$103.35	823
2026-10-22	$109.23	$109.23	$103.59	$104.00	$104.00	17,842
2026-10-21	$112.14	$112.40	$111.36	$112.15	$112.15	2,730
2026-10-20	$112.62	$113.00	$112.00	$112.70	$112.70	1,974
2026-10-19	$113.16	$113.16	$113.16	$113.16	$113.16	839
2026-10-16	$116.58	$116.58	$113.00	$113.43	$113.43	926

#	Ticker	Name	Weight
1	TLO	Talon Metals Corp	2.94%
2	ERO	Ero Copper Corp	2.63%
3	ARG	Amerigo Resources Ltd.	2.78%
4	OM	Osisko Metals Incorporated	2.69%
5	TKO	Taseko Mines Ltd	2.66%
6	SCCO	Southern Copper Corporation	2.68%
7	FDY	Faraday Copper Corp.	2.46%
8	ALS	Altius Minerals Corporation	2.45%
9	LXFR	Luxfer Holdings PLC	2.57%
10	IVN	Ivanhoe Mines Ltd.	2.46%

Sector	Weight
Basic Materials	89.39%
Industrials	8.77%
Energy	0.00%
Utilities	0.00%
Healthcare	0.00%
Technology	0.00%
Real Estate	0.00%
Consumer Cyclicals	0.00%
Consumer Defensive	0.00%
Financial Services	0.00%
Communication Services	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 S&P/TSX Equal Weight Global Base Metals (CAD Hedged) (ZMT : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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