BMO S&P/TSX Equal Weight Global Base Metals (CAD Hedged) (ZMT.TO)

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The chart shows the growth of an initial investment of CA$10,000 in BMO S&P/TSX Equal Weight Global Base Metals (CAD Hedged), comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

BMO S&P/TSX Equal Weight Global Base Metals (CAD Hedged) (ZMT.TO) has returned 9.48% so far this year and 85.63% over the past 12 months. Looking at the last ten years, ZMT.TO has achieved an annualized return of 15.66%, outperforming the S&P 500 Index benchmark, which averaged 12.91% per year.

Based on dividend-adjusted daily data since Oct 26, 2009, ZMT.TO's average daily return is +2,041.77%, while the average monthly return is +40,732.50%. At this rate, your investment would double in approximately 0.0 years.

Historically, 49% of months were positive and 51% were negative. The best month was Apr 2010 with a return of +8,064,900.0%, while the worst month was Mar 2020 at -26.7%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 6 months.

On a daily basis, ZMT.TO closed higher 46% of trading days. The best single day was Apr 20, 2010 with a return of +8,409,900.0%, while the worst single day was Mar 12, 2020 at -14.1%.

• This ETF captured 665.67% of S&P 500 Index gains and 122.72% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• Beta of -1951.73 may look defensive, but with R² of 0.00 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 0.00 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.

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

ZMT.TO ranks 90 for risk / return — in the top 90% 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 S&P/TSX Equal Weight Global Base Metals (CAD Hedged) (ZMT.TO) and compare them to a chosen benchmark (S&P 500 Index).

BMO S&P/TSX Equal Weight Global Base Metals (CAD Hedged) provided a 0.19% dividend yield over the last twelve months, with an annual payout of CA$0.22 per share.

The table displays the monthly dividend distributions for BMO S&P/TSX Equal Weight Global Base Metals (CAD Hedged). 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 S&P/TSX Equal Weight Global Base Metals (CAD Hedged). 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 S&P/TSX Equal Weight Global Base Metals (CAD Hedged) was 80.73%, occurring on Jan 20, 2016. Recovery took 2440 trading sessions.

The current BMO S&P/TSX Equal Weight Global Base Metals (CAD Hedged) drawdown is 14.38%.

The chart below shows the rolling one-month volatility.