BMO Dow Jones Industrial Average Hedged to CAD Index ETF (ZDJ.TO)

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The chart shows the growth of an initial investment of CA$10,000 in BMO Dow Jones Industrial Average Hedged to CAD Index ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

BMO Dow Jones Industrial Average Hedged to CAD Index ETF (ZDJ.TO) has returned -3.79% so far this year and 9.71% over the past 12 months. Over the last ten years, ZDJ.TO has returned 10.46% per year, falling short of the S&P 500 Index benchmark, which averaged 12.91% annually.

Based on dividend-adjusted daily data since Jun 4, 2009, ZDJ.TO's average daily return is +0.05%, while the average monthly return is +1.01%. At this rate, your investment would double in approximately 5.7 years.

Historically, 69% of months were positive and 31% were negative. The best month was Oct 2022 with a return of +14.2%, while the worst month was Mar 2020 at -14.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, ZDJ.TO closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +12.4%, while the worst single day was Mar 16, 2020 at -13.6%.

BMO Dow Jones Industrial Average Hedged to CAD Index ETF has an annualized alpha of 1.03%, beta of 0.91, and R² of 0.64 versus S&P 500 Index. Calculated based on daily prices since June 05, 2009.

• With beta of 0.91 and R² of 0.64, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

ZDJ.TO has an expense ratio of 0.15%, which is considered low.

ZDJ.TO ranks 33 for risk / return — below 33% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for BMO Dow Jones Industrial Average Hedged to CAD Index ETF (ZDJ.TO) and compare them to a chosen benchmark (S&P 500 Index).

BMO Dow Jones Industrial Average Hedged to CAD Index ETF provided a 1.11% dividend yield over the last twelve months, with an annual payout of CA$0.77 per share.

The table displays the monthly dividend distributions for BMO Dow Jones Industrial Average Hedged to CAD Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the BMO Dow Jones Industrial Average Hedged to CAD Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the BMO Dow Jones Industrial Average Hedged to CAD Index ETF was 38.63%, occurring on Mar 23, 2020. Recovery took 164 trading sessions.

The current BMO Dow Jones Industrial Average Hedged to CAD Index ETF drawdown is 7.79%.

The chart below shows the rolling one-month volatility.