BMO S&P 500 (CAD Hedged) (ZUE.TO)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of CA$10,000 in BMO S&P 500 (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 500 (CAD Hedged) (ZUE.TO) has returned -4.96% so far this year and 15.40% over the past 12 months. Over the last ten years, ZUE.TO has had an annualized return of 12.34%, just under the S&P 500 Index benchmark’s 12.91%.

Based on dividend-adjusted daily data since Jun 4, 2009, ZUE.TO's average daily return is +0.06%, while the average monthly return is +1.11%. At this rate, your investment would double in approximately 5.2 years.

Historically, 68% of months were positive and 32% were negative. The best month was Apr 2020 with a return of +12.1%, while the worst month was Mar 2020 at -12.9%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.

On a daily basis, ZUE.TO closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +10.2%, while the worst single day was Mar 16, 2020 at -12.2%.

BMO S&P 500 (CAD Hedged) has an annualized alpha of 0.90%, beta of 0.96, and R² of 0.68 versus S&P 500 Index. Calculated based on daily prices since June 05, 2009.

• This ETF participated in 105.13% of S&P 500 Index downside but only 103.71% of its upside — more exposed to losses than it benefited from rallies.
• With beta of 0.96 and R² of 0.68, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

ZUE.TO has an expense ratio of 0.09%, which is considered low.

ZUE.TO ranks 50 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for BMO S&P 500 (CAD Hedged) (ZUE.TO) and compare them to a chosen benchmark (S&P 500 Index).

BMO S&P 500 (CAD Hedged) provided a 0.92% dividend yield over the last twelve months, with an annual payout of CA$0.81 per share.

The table displays the monthly dividend distributions for BMO S&P 500 (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 500 (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 500 (CAD Hedged) was 35.56%, occurring on Mar 23, 2020. Recovery took 106 trading sessions.

The current BMO S&P 500 (CAD Hedged) drawdown is 6.72%.

The chart below shows the rolling one-month volatility.