BMO Equal Weight Industrials Index ETF (ZIN.TO)

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The chart shows the growth of an initial investment of CA$10,000 in BMO Equal Weight Industrials 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 Equal Weight Industrials Index ETF (ZIN.TO) has returned 7.71% so far this year and 40.30% over the past 12 months. Over the last decade, ZIN.TO has posted an annualized return of 13.07%, slightly higher than the S&P 500 Index benchmark’s 12.91%.

Based on dividend-adjusted daily data since Nov 23, 2012, ZIN.TO's average daily return is +0.05%, while the average monthly return is +1.07%. At this rate, your investment would double in approximately 5.4 years.

Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +19.8%, while the worst month was Mar 2020 at -25.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, ZIN.TO closed higher 48% of trading days. The best single day was Apr 10, 2025 with a return of +7.8%, while the worst single day was Mar 12, 2020 at -12.7%.

BMO Equal Weight Industrials Index ETF has an annualized alpha of 5.31%, beta of 0.49, and R² of 0.19 versus S&P 500 Index. Calculated based on daily prices since November 26, 2012.

• This ETF participated in 79.37% of S&P 500 Index downside but only 76.95% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.49 may look defensive, but with R² of 0.19 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.19 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

ZIN.TO has an expense ratio of 0.61%, placing it in the medium range.

ZIN.TO ranks 94 for risk / return — in the top 94% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for BMO Equal Weight Industrials Index ETF (ZIN.TO) and compare them to a chosen benchmark (S&P 500 Index).

BMO Equal Weight Industrials Index ETF provided a 1.09% dividend yield over the last twelve months, with an annual payout of CA$0.57 per share.

The table displays the monthly dividend distributions for BMO Equal Weight Industrials 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 Equal Weight Industrials 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 Equal Weight Industrials Index ETF was 44.01%, occurring on Mar 23, 2020. Recovery took 173 trading sessions.

The current BMO Equal Weight Industrials Index ETF drawdown is 4.32%.

The chart below shows the rolling one-month volatility.