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BMO Growth ETF (ZGRO.TO) Sharpe Ratio: 2.15

ETF · Currency in CAD · Last updated Jun 25, 2026

The fund seeks long-term capital appreciation through a diversified portfolio of global equity and fixed-income ETFs, rebalancing quarterly around a growth-oriented strategic allocation of roughly 80% equities and 20% fixed income.

ZGRO.TO's Sharpe Ratio of 2.15 indicates that for each unit of volatility, it generates 2.15 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 25, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

ZGRO.TO Sharpe Ratio Rank

ZGRO.TO Sharpe Ratio Rank: 75.876
Above Average

ZGRO.TO ranks above 75.8% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

ZGRO.TO Sharpe Ratio Market Positioning

The chart shows ZGRO.TO's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.82 or lower
  • Yellow zone (middle 50%): 0.82 to 2.07
  • Green zone (top 25%): 2.07 or higher
  • Top 1%: 6.82+
  • Median: 1.50 — half of all investments score higher

How it compares to other similar ETFs

The table compares BMO Growth ETF's Sharpe Ratio with other ETFs in the Global Allocation, Diversified Portfolio category across multiple time periods, showing how ZGRO.TO's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 25, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
ZWQT.TOBMO Global Enhanced Income Fund Series ETF3.14
GRO.TOFranklin Growth ETF Portfolio2.93
CEQT.TOCI Equity Asset Allocation ETF2.85
FCGI.TOFidelity Global Monthly High Income ETF2.76
VGRO.TOVanguard Growth ETF Portfolio2.40
MGRW.TOMackenzie Growth Allocation ETF2.38
HBAL.TOGlobal X Balanced Asset Allocation ETF2.36
TGRO.TOTD Growth ETF Portfolio2.34
TBAL.TOTD Balanced ETF Portfolio2.20
ZMI.TOBMO Monthly Income ETF2.16
ZGRO.TOBMO Growth ETF2.15

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows ZGRO.TO's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when ZGRO.TO consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does ZGRO.TO fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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