BMO Premium Yield ETF (ZPAY.TO)
ZPAY.TO is an actively managed ETF by BMO Asset Management. ZPAY.TO launched on Jan 15, 2020 and has a 0.73% expense ratio.
ETF Info
| ISIN | CA05600A2092 |
|---|---|
| CUSIP | 05600A209 |
| Issuer | BMO Asset Management |
| Inception Date | Jan 15, 2020 |
| Category | Large Cap Growth Equities, Actively Managed |
| Index Tracked | No Index (Active) |
| Home Page | www.bmogam.com |
| Asset Class | Equity |
Expense Ratio
ZPAY.TO has a high expense ratio of 0.73%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: ZPAY.TO vs. SCHD, ZPAY.TO vs. SPY, ZPAY.TO vs. VEQT.TO
Performance
Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in BMO Premium Yield 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 Premium Yield ETF had a return of 4.79% year-to-date (YTD) and 11.07% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.79% | 5.57% |
| 1 month | 0.20% | -4.16% |
| 6 months | 7.17% | 20.07% |
| 1 year | 11.07% | 20.82% |
| 5 years (annualized) | N/A | 11.56% |
| 10 years (annualized) | N/A | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.70% | 2.31% | 0.52% | |||||||||
| 2023 | 1.30% | 1.85% | 0.40% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of ZPAY.TO is 86, placing it in the top 14% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
BMO Premium Yield ETF(ZPAY.TO)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BMO Premium Yield ETF (ZPAY.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BMO Premium Yield ETF granted a 6.23% dividend yield in the last twelve months. The annual payout for that period amounted to CA$1.92 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | CA$1.92 | CA$1.92 | CA$1.92 | CA$1.91 | CA$1.65 |
Dividend yield | 6.23% | 6.40% | 7.00% | 6.10% | 5.42% |
Monthly Dividends
The table displays the monthly dividend distributions for BMO Premium Yield 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | CA$0.16 | CA$0.16 | CA$0.16 | |||||||||
| 2023 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 |
| 2022 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 |
| 2021 | CA$0.15 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 | CA$0.16 |
| 2020 | CA$0.15 | CA$0.15 | CA$0.15 | CA$0.15 | CA$0.15 | CA$0.15 | CA$0.15 | CA$0.15 | CA$0.15 | CA$0.15 | CA$0.15 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the BMO Premium Yield 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 Premium Yield ETF was 14.89%, occurring on Mar 23, 2020. Recovery took 31 trading sessions.
The current BMO Premium Yield ETF drawdown is 0.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.89% | Feb 18, 2020 | 25 | Mar 23, 2020 | 31 | May 6, 2020 | 56 |
| -14.76% | Dec 30, 2021 | 117 | Jun 16, 2022 | 190 | Mar 21, 2023 | 307 |
| -4.61% | Apr 21, 2021 | 16 | May 12, 2021 | 34 | Jun 30, 2021 | 50 |
| -4.2% | Aug 23, 2021 | 35 | Oct 12, 2021 | 43 | Dec 10, 2021 | 78 |
| -3.91% | Sep 6, 2023 | 16 | Sep 27, 2023 | 29 | Nov 8, 2023 | 45 |
Volatility
Volatility Chart
The current BMO Premium Yield ETF volatility is 1.83%, 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.