BMO Money Market Fund ETF Series (ZMMK.TO)
The ETF aims to provide exposure to high-quality money market instruments with maturities of less than 365 days, focusing on securities that offer safety and liquidity.
ETF Info
05602J109
Nov 28, 2021
1x
No Index (Active)
Canada
Distributing
Expense Ratio
ZMMK.TO has an expense ratio of 0.13%, which is considered low compared to other funds.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in BMO Money Market Fund ETF Series, 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 Money Market Fund ETF Series had a return of 0.40% year-to-date (YTD) and 4.54% in the last 12 months.
ZMMK.TO
0.40%
0.28%
2.00%
4.54%
N/A
N/A
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of ZMMK.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 | 0.22% | 0.40% | |||||||||||
| 2024 | 0.48% | 0.41% | 0.41% | 0.43% | 0.43% | 0.36% | 0.44% | 0.38% | 0.36% | 0.38% | 0.31% | 0.43% | 4.94% |
| 2023 | 0.34% | 0.36% | 0.42% | 0.34% | 0.41% | 0.45% | 0.35% | 0.41% | 0.41% | 0.43% | 0.41% | 0.42% | 4.87% |
| 2022 | -0.03% | 0.01% | 0.05% | 0.08% | 0.08% | 0.10% | 0.16% | 0.26% | 0.22% | 0.30% | 0.32% | 0.42% | 1.99% |
| 2021 | 0.04% | 0.04% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 100, ZMMK.TO is among the top 0% 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 Money Market Fund ETF Series (ZMMK.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BMO Money Market Fund ETF Series provided a 4.54% dividend yield over the last twelve months, with an annual payout of CA$2.27 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Dividend | CA$2.27 | CA$2.33 | CA$2.48 | CA$0.98 | CA$0.02 |
Dividend yield | 4.54% | 4.66% | 4.98% | 1.95% | 0.04% |
Monthly Dividends
The table displays the monthly dividend distributions for BMO Money Market Fund ETF Series. 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$0.15 | CA$0.00 | CA$0.15 | ||||||||||
| 2024 | CA$0.21 | CA$0.22 | CA$0.22 | CA$0.22 | CA$0.22 | CA$0.20 | CA$0.20 | CA$0.20 | CA$0.17 | CA$0.17 | CA$0.17 | CA$0.15 | CA$2.33 |
| 2023 | CA$0.20 | CA$0.21 | CA$0.21 | CA$0.21 | CA$0.21 | CA$0.21 | CA$0.21 | CA$0.21 | CA$0.21 | CA$0.21 | CA$0.21 | CA$0.22 | CA$2.48 |
| 2022 | CA$0.01 | CA$0.01 | CA$0.01 | CA$0.01 | CA$0.01 | CA$0.06 | CA$0.16 | CA$0.09 | CA$0.12 | CA$0.15 | CA$0.16 | CA$0.20 | CA$0.98 |
| 2021 | CA$0.02 | CA$0.02 |
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 Money Market Fund ETF Series. 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 Money Market Fund ETF Series was 0.16%, occurring on Jul 13, 2022. Recovery took 20 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -0.16% | Jul 12, 2022 | 2 | Jul 13, 2022 | 20 | Aug 11, 2022 | 22 |
| -0.08% | Aug 8, 2023 | 1 | Aug 8, 2023 | 4 | Aug 14, 2023 | 5 |
| -0.06% | Jan 2, 2025 | 1 | Jan 2, 2025 | 6 | Jan 10, 2025 | 7 |
| -0.04% | Jul 3, 2024 | 1 | Jul 3, 2024 | 3 | Jul 8, 2024 | 4 |
| -0.04% | Jul 4, 2023 | 1 | Jul 4, 2023 | 1 | Jul 5, 2023 | 2 |
Volatility
Volatility Chart
The current BMO Money Market Fund ETF Series volatility is 0.08%, 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.