BMO Growth ETF (ZGRO.TO)
ZGRO is a fund of fund. It aims for long-term capital appreciation by investing in global equity and fixed income ETFs, rebalancing quarterly to maintain strategic index asset allocation weights.
ETF Info
05587J108
Feb 11, 2019
1x
No Index (Active)
Canada
Distributing
Large-Cap
Growth
Expense Ratio
ZGRO.TO has an expense ratio of 0.18%, which is considered low compared to other funds.
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 Growth 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 Growth ETF had a return of 2.94% year-to-date (YTD) and 20.80% in the last 12 months.
ZGRO.TO
2.94%
0.85%
9.69%
20.80%
9.43%
N/A
^GSPC (Benchmark)
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
Monthly Returns
The table below presents the monthly returns of ZGRO.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 | 3.34% | 2.94% | |||||||||||
| 2024 | 1.01% | 3.70% | 2.74% | -1.98% | 2.36% | 1.82% | 3.27% | 0.07% | 2.46% | 0.47% | 4.50% | -1.25% | 20.71% |
| 2023 | 5.23% | -1.12% | 1.65% | 1.59% | -1.81% | 2.27% | 2.36% | -0.40% | -3.56% | -1.08% | 5.94% | 3.13% | 14.64% |
| 2022 | -3.37% | -2.03% | 0.82% | -5.01% | -0.25% | -6.39% | 5.66% | -1.82% | -3.95% | 3.77% | 5.54% | -3.19% | -10.57% |
| 2021 | -0.03% | 1.78% | 1.11% | 1.47% | 0.82% | 2.79% | 1.14% | 2.46% | -2.69% | 2.08% | 0.72% | 2.51% | 14.98% |
| 2020 | 1.10% | -4.92% | -9.10% | 8.16% | 2.86% | 1.49% | 3.11% | 2.62% | -1.27% | -2.18% | 7.88% | 1.89% | 10.81% |
| 2019 | 0.23% | 2.40% | 2.91% | -3.43% | 2.38% | 0.35% | 0.25% | 0.98% | 1.08% | 3.16% | 0.18% | 10.83% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 93, ZGRO.TO is among the top 7% 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 Growth ETF (ZGRO.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BMO Growth ETF provided a 1.86% dividend yield over the last twelve months, with an annual payout of CA$0.88 per share. The fund has been increasing its distributions for 5 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Dividend | CA$0.88 | CA$0.88 | CA$0.88 | CA$0.88 | CA$0.88 | CA$0.88 | CA$0.76 |
Dividend yield | 1.86% | 1.92% | 2.27% | 2.54% | 2.22% | 2.49% | 2.32% |
Monthly Dividends
The table displays the monthly dividend distributions for BMO Growth 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$0.00 | CA$0.00 | CA$0.00 | ||||||||||
| 2024 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.88 |
| 2023 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.88 |
| 2022 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.88 |
| 2021 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.88 |
| 2020 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.88 |
| 2019 | CA$0.18 | CA$0.00 | CA$0.00 | CA$0.18 | CA$0.00 | CA$0.00 | CA$0.18 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.76 |
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 Growth 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 Growth ETF was 24.64%, occurring on Mar 23, 2020. Recovery took 108 trading sessions.
The current BMO Growth ETF drawdown is 0.80%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.64% | Feb 20, 2020 | 23 | Mar 23, 2020 | 108 | Aug 26, 2020 | 131 |
| -17.19% | Dec 30, 2021 | 117 | Jun 16, 2022 | 375 | Dec 13, 2023 | 492 |
| -4.89% | Sep 3, 2020 | 40 | Oct 30, 2020 | 6 | Nov 9, 2020 | 46 |
| -4.85% | Jul 17, 2024 | 15 | Aug 7, 2024 | 8 | Aug 19, 2024 | 23 |
| -4.42% | Sep 8, 2021 | 19 | Oct 4, 2021 | 22 | Nov 4, 2021 | 41 |
Volatility
Volatility Chart
The current BMO Growth ETF volatility is 2.24%, 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.