Question 1

What is ZWP?

Accepted Answer

ZWP — BMO Europe High Dividend Covered Call ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the ZWP ETF price today?

Accepted Answer

ZWP last traded at $20.01 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZWP MER (management expense ratio)?

Accepted Answer

ZWP has a management expense ratio (MER) of 0.66% 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 ZWP annualised returns?

Accepted Answer

ZWP historical returns: YTD: -1.77%, 1-year: +4.26%, 3-year annualised: +13.24%, 5-year annualised: +10.33%, 10-year annualised: +0.00%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.28, which measures risk-adjusted return.

Question 5

Does ZWP pay dividends or distributions?

Accepted Answer

Yes, ZWP distributes income to unitholders. The current distribution yield is approximately 6.38%, 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 ZWP invest in?

Accepted Answer

ZWP's top holdings include HSBC Holdings PLC (HSBA, 5.8%), Intesa Sanpaolo SpA (ISP, 6.0%), Roche Holding AG (ROP, 5.1%), ASML Holding N.V. (ASML, 5.1%), Siemens Aktiengesellschaft (SIE, 5.0%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Eur GR CAD.

Question 7

What sectors does ZWP invest in?

Accepted Answer

ZWP's largest sector exposures are Financial Services (27.6%), Industrials (14.4%), Healthcare (12.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZWP? (Assets under management)

Accepted Answer

ZWP has approximately $1.08B 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 ZWP launched?

Accepted Answer

ZWP was launched on March 1, 2018, giving it a 8-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 ZWP in Canada?

Accepted Answer

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

Accepted Answer

ZWP has a 1-year volatility of 10.13% and a beta of 0.79 (less volatile than the broad market). Its 3-year Sharpe ratio of 1.28 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	$20.00	$20.18	$19.99	$20.01	$20.01	7,100
2026-10-28	$20.04	$20.18	$20.03	$20.18	$20.18	4,709
2026-10-27	$19.91	$20.12	$19.91	$19.98	$19.98	13,000
2026-10-26	$20.11	$20.11	$19.91	$19.93	$19.93	15,376
2026-10-23	$19.90	$19.94	$19.75	$19.94	$19.94	5,018
2026-10-22	$20.01	$20.05	$19.95	$19.95	$19.95	17,568
2026-10-21	$20.07	$20.22	$20.01	$20.01	$20.01	11,615
2026-10-20	$20.00	$20.19	$20.00	$20.12	$20.12	11,196
2026-10-19	$20.20	$20.20	$20.00	$20.00	$20.00	13,978
2026-10-16	$20.30	$20.42	$20.19	$20.23	$20.23	21,007

#	Ticker	Name	Weight
1	HSBA	HSBC Holdings PLC	5.78%
2	ISP	Intesa Sanpaolo SpA	5.98%
3	ROP	Roche Holding AG	5.05%
4	ASML	ASML Holding N.V.	5.12%
5	SIE	Siemens Aktiengesellschaft	4.96%
6	SHEL	Shell plc	4.72%
7	TTE	TotalEnergies SE	4.19%
8	NOVN	Novartis AG	4.08%
9	DTE	Deutsche Telekom AG	3.82%
10	RIO	Rio Tinto PLC	3.94%

Sector	Weight
Financial Services	27.65%
Industrials	14.41%
Healthcare	12.01%
Energy	9.29%
Consumer Defensive	8.04%
Utilities	7.81%
Technology	6.74%
Communication Services	5.96%
Basic Materials	5.03%
Consumer Cyclicals	3.23%
Real Estate	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 Europe High Dividend Covered Call ETF (ZWP : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About BMO Europe High Dividend Covered Call ETF

ETF Details

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Frequently Asked Questions — ZWP