BMO CA High Dividend Covered Call ETF (ZWC.TO)
ZWC.TO is an actively managed ETF by BMO. ZWC.TO launched on Feb 3, 2017 and has a 0.91% expense ratio.
ETF Info
Feb 3, 2017
1x
No Index (Active)
Canada
Distributing
Large-Cap
Value
Expense Ratio
ZWC.TO features an expense ratio of 0.91%, falling within the medium range.
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 CA High Dividend Covered Call 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 CA High Dividend Covered Call ETF had a return of 1.99% year-to-date (YTD) and 13.36% in the last 12 months.
ZWC.TO
1.99%
0.02%
5.98%
13.36%
6.20%
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 ZWC.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 | 2.58% | 1.99% | |||||||||||
| 2024 | -0.30% | 1.60% | 2.93% | -2.69% | 3.26% | -2.65% | 5.10% | 1.97% | 2.31% | 0.11% | 3.44% | -3.29% | 12.00% |
| 2023 | 6.84% | -2.09% | -1.29% | 3.41% | -6.41% | 3.21% | 1.12% | -2.10% | -2.53% | -2.49% | 6.88% | 3.69% | 7.54% |
| 2022 | 2.12% | 1.25% | 3.66% | -3.25% | 0.47% | -7.75% | 3.02% | -1.67% | -4.53% | 4.83% | 3.86% | -4.67% | -3.53% |
| 2021 | 0.35% | 3.21% | 5.37% | 2.36% | 4.09% | 0.22% | 0.61% | 1.87% | -1.04% | 3.19% | -1.57% | 4.44% | 25.39% |
| 2020 | 0.68% | -6.84% | -18.91% | 5.54% | 1.83% | -0.13% | 2.29% | 3.78% | -1.36% | -1.26% | 9.66% | 0.56% | -6.92% |
| 2019 | 7.73% | 2.89% | 1.53% | 2.82% | -3.28% | 1.17% | 0.16% | -0.52% | 2.90% | -1.94% | 3.23% | -0.16% | 17.32% |
| 2018 | -2.34% | -2.96% | -0.76% | 1.44% | 1.37% | 1.76% | 1.59% | -1.52% | -1.63% | -4.30% | 3.09% | -5.86% | -10.06% |
| 2017 | -0.74% | 1.52% | 0.90% | -0.98% | -0.04% | 0.36% | -0.04% | 2.86% | 2.05% | 1.04% | 0.25% | 7.34% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ZWC.TO is 73, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BMO CA High Dividend Covered Call ETF (ZWC.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BMO CA High Dividend Covered Call ETF provided a 6.64% dividend yield over the last twelve months, with an annual payout of CA$1.20 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | CA$1.20 | CA$1.20 | CA$1.30 | CA$1.20 | CA$1.25 | CA$1.32 | CA$1.31 | CA$1.23 | CA$1.12 |
Dividend yield | 6.64% | 6.73% | 7.62% | 7.01% | 6.60% | 8.15% | 6.92% | 7.11% | 5.46% |
Monthly Dividends
The table displays the monthly dividend distributions for BMO CA High Dividend Covered Call 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | CA$0.10 | CA$0.00 | CA$0.10 | ||||||||||
| 2024 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$1.20 |
| 2023 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.10 | CA$0.10 | CA$1.30 |
| 2022 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$1.20 |
| 2021 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$1.25 |
| 2020 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$1.32 |
| 2019 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$1.31 |
| 2018 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$1.23 |
| 2017 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$1.12 |
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 CA High Dividend Covered Call 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 CA High Dividend Covered Call ETF was 40.57%, occurring on Mar 23, 2020. Recovery took 261 trading sessions.
The current BMO CA High Dividend Covered Call ETF drawdown is 1.63%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -40.57% | Feb 21, 2020 | 22 | Mar 23, 2020 | 261 | Apr 7, 2021 | 283 |
| -16.43% | Apr 21, 2022 | 120 | Oct 12, 2022 | 396 | May 9, 2024 | 516 |
| -13.36% | Jan 5, 2018 | 245 | Dec 24, 2018 | 51 | Mar 11, 2019 | 296 |
| -5.65% | Apr 24, 2019 | 85 | Aug 23, 2019 | 16 | Sep 17, 2019 | 101 |
| -4.84% | Dec 6, 2024 | 10 | Dec 19, 2024 | — | — | — |
Volatility
Volatility Chart
The current BMO CA High Dividend Covered Call ETF volatility is 2.24%, 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.