BMO Canadian Dividend ETF (ZDV.TO)
BMO Canadian Dividend ETF aims to provide exposure to a yield-weighted portfolio of Canadian dividend-paying stocks by employing a rules-based methodology that considers dividend growth rate, yield, and payout ratio. The portfolio undergoes rebalancing in May and reconstitution in November.
ETF Info
05590R105
Oct 21, 2011
1x
No Index (Active)
Distributing
Large-Cap
Value
Expense Ratio
ZDV.TO features an expense ratio of 0.39%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in BMO Canadian Dividend ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
BMO Canadian Dividend ETF had a return of 3.03% year-to-date (YTD) and 19.38% in the last 12 months. Over the past 10 years, BMO Canadian Dividend ETF had an annualized return of 7.26%, while the S&P 500 had an annualized return of 11.04%, indicating that BMO Canadian Dividend ETF did not perform as well as the benchmark.
ZDV.TO
3.03%
0.64%
9.30%
19.38%
8.82%
7.26%
^GSPC (Benchmark)
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
Monthly Returns
The table below presents the monthly returns of ZDV.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2025 | 3.14% | 3.03% | |||||||||||
2024 | -0.15% | 1.44% | 3.56% | -2.51% | 3.80% | -2.69% | 6.11% | 2.34% | 3.28% | 0.68% | 3.94% | -3.63% | 16.83% |
2023 | 6.97% | -2.23% | -0.96% | 3.81% | -6.48% | 2.62% | 1.20% | -2.12% | -2.93% | -2.75% | 7.27% | 4.46% | 8.14% |
2022 | 2.72% | 1.63% | 4.41% | -3.78% | 0.48% | -7.73% | 3.61% | -1.58% | -4.59% | 4.78% | 4.31% | -4.90% | -1.66% |
2021 | 1.19% | 2.65% | 6.05% | 2.00% | 3.81% | 1.32% | 0.93% | 2.09% | -1.17% | 4.19% | -1.92% | 4.70% | 28.75% |
2020 | 1.71% | -6.60% | -21.94% | 6.51% | 2.07% | 0.82% | 2.53% | 4.14% | -0.44% | -0.86% | 12.60% | 0.03% | -3.51% |
2019 | 8.09% | 3.59% | 1.28% | 2.97% | -3.42% | 1.58% | 0.03% | -0.20% | 4.37% | -1.52% | 3.76% | 0.59% | 22.70% |
2018 | -3.02% | -3.64% | -0.70% | 1.36% | 1.29% | 2.06% | 1.31% | 0.48% | -1.39% | -4.68% | 1.54% | -5.46% | -10.67% |
2017 | 0.30% | 0.30% | 1.81% | 0.53% | -2.38% | 1.19% | 0.02% | -0.45% | 2.78% | 3.06% | 0.08% | 0.30% | 7.69% |
2016 | 0.33% | -0.92% | 7.08% | 1.54% | 2.17% | -0.22% | 2.58% | 2.09% | 1.05% | -0.67% | 3.88% | 3.39% | 24.39% |
2015 | -2.17% | 3.33% | -2.16% | 2.27% | -1.66% | -3.10% | -1.98% | -2.51% | -4.14% | 4.47% | -1.47% | -4.64% | -13.34% |
2014 | -1.19% | 2.45% | 3.19% | 2.09% | 0.78% | 2.44% | 0.44% | 2.54% | -3.73% | -2.12% | 0.11% | -0.72% | 6.20% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 88, ZDV.TO is among the top 12% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BMO Canadian Dividend ETF (ZDV.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BMO Canadian Dividend ETF provided a 3.72% dividend yield over the last twelve months, with an annual payout of CA$0.84 per share.
Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | CA$0.84 | CA$0.84 | CA$0.86 | CA$0.83 | CA$0.78 | CA$0.78 | CA$0.78 | CA$0.82 | CA$0.76 | CA$0.71 | CA$0.72 | CA$0.75 |
Dividend yield | 3.72% | 3.82% | 4.39% | 4.38% | 3.88% | 4.79% | 4.39% | 5.41% | 4.24% | 4.11% | 4.95% | 4.28% |
Monthly Dividends
The table displays the monthly dividend distributions for BMO Canadian Dividend ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2025 | CA$0.07 | CA$0.00 | CA$0.07 | ||||||||||
2024 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.84 |
2023 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.09 | CA$0.86 |
2022 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.83 |
2021 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.78 |
2020 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.78 |
2019 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.78 |
2018 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.07 | CA$0.13 | CA$0.82 |
2017 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.76 |
2016 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.09 | CA$0.71 |
2015 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.72 |
2014 | CA$0.07 | CA$0.07 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.75 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the BMO Canadian Dividend 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 Canadian Dividend ETF was 43.20%, occurring on Mar 23, 2020. Recovery took 242 trading sessions.
The current BMO Canadian Dividend ETF drawdown is 0.93%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-43.2% | Feb 21, 2020 | 22 | Mar 23, 2020 | 242 | Mar 10, 2021 | 264 |
-25.25% | Sep 4, 2014 | 362 | Feb 11, 2016 | 211 | Dec 13, 2016 | 573 |
-16.61% | Apr 21, 2022 | 120 | Oct 12, 2022 | 366 | Mar 27, 2024 | 486 |
-14.57% | Aug 23, 2018 | 86 | Dec 24, 2018 | 45 | Mar 1, 2019 | 131 |
-8.88% | Jan 5, 2018 | 57 | Mar 27, 2018 | 99 | Aug 17, 2018 | 156 |
Volatility
Volatility Chart
The current BMO Canadian Dividend ETF volatility is 2.21%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.