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ZPR.TO vs. BK.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ZPR.TO vs. BK.TO

Last updated Aug 4, 2026
Documentation

ZPR.TO (BMO Laddered Preferred Share Index ETF) is Preferred Stock fund tracking the Solactive Laddered Canadian Preferred Share Index, while BK.TO (Canadian Banc Corp.) is a stock. Over the past 10 years, ZPR.TO returned 8.16%/yr vs 29.35%/yr for BK.TO. Their 0.26 correlation means their historical movements had little consistent relationship.

Performance

ZPR.TO vs. BK.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BMO Laddered Preferred Share Index ETF (ZPR.TO) and Canadian Banc Corp. (BK.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ZPR.TO achieves a 8.97% return, which is significantly lower than BK.TO's 52.05% return. Over the past 10 years, ZPR.TO has underperformed BK.TO with an annualized return of 8.16%, while BK.TO has yielded a comparatively higher 29.35% annualized return.

ZPR.TO

1D
0.00%
1M
2.00%
6M
8.48%
YTD
8.97%
1Y
16.39%
3Y*
19.91%
5Y*
8.42%
10Y*
8.16%
ALL TIME*
4.09%

BK.TO

1D
-0.09%
1M
4.15%
6M
53.86%
YTD
52.05%
1Y
157.12%
3Y*
52.04%
5Y*
39.68%
10Y*
29.35%
ALL TIME*
19.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

BK.TO

Canadian Banc Corp.
CA$4.30MCA$4.01MCA$3.83M

ZPR.TO

BMO Laddered Preferred Share Index ETF
CA$1.16MCA$1.25MCA$1.37M

ZPR.TO vs. BK.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ZPR.TO
BMO Laddered Preferred Share Index ETF		8.97%18.58%26.58%7.21%-17.66%23.77%6.00%1.94%-9.77%14.71%
BK.TO
Canadian Banc Corp.		52.05%103.67%31.44%-5.07%14.58%78.52%-0.15%18.15%-20.58%31.55%

Correlation

The correlation between ZPR.TO and BK.TO is 0.18, which is low. Their historical price movements had little consistent relationship.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.18

Correlation (3Y)
Balances recent behavior with more history.

0.18

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.25

Correlation (10Y)
Provides a long-term view across more market conditions.

0.28

Correlation (All Time)
Calculated using the full available price history since Nov 26, 2012

0.26

Compare stocks, funds, or ETFs

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

BMO Laddered Preferred Share Index ETF

Canadian Banc Corp.

Often compared with ZPR.TO:
ZPR.TO vs. CPD.TOZPR.TO vs. RPF.TOZPR.TO vs. HLPR.TOZPR.TO vs. TPRF.TOZPR.TO vs. HPR.TOZPR.TO vs. VDY.TOZPR.TO vs. SPLT.TO
Often compared with BK.TO:
BK.TO vs. FTN.TOBK.TO vs. DFN.TOBK.TO vs. LBS.TOBK.TO vs. ENS.TOBK.TO vs. DIV.TOBK.TO vs. RS.TOBK.TO vs. DF.TO

Return for Risk

ZPR.TO vs. BK.TO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
ZPR.TO
ZPR.TO Risk / Return Rank: 9797
Overall Rank
ZPR.TO Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
ZPR.TO Sortino Ratio Rank: 9797
Sortino Ratio Rank
ZPR.TO Omega Ratio Rank: 9797
Omega Ratio Rank
ZPR.TO Calmar Ratio Rank: 9696
Calmar Ratio Rank
ZPR.TO Martin Ratio Rank: 9898
Martin Ratio Rank
BK.TO
BK.TO Risk / Return Rank: 9999
Overall Rank
BK.TO Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
BK.TO Sortino Ratio Rank: 9999
Sortino Ratio Rank
BK.TO Omega Ratio Rank: 9999
Omega Ratio Rank
BK.TO Calmar Ratio Rank: 9999
Calmar Ratio Rank
BK.TO Martin Ratio Rank: 9999
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ZPR.TO vs. BK.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BMO Laddered Preferred Share Index ETF (ZPR.TO) and Canadian Banc Corp. (BK.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

ZPR.TOBK.TODifference
Sharpe ratioReturn per unit of total volatility
3.72
4.62

-0.90

Sortino ratioReturn per unit of downside risk
5.58
6.03

-0.44

Omega ratioGain probability vs. loss probability

1.77

2.17

-0.40

Calmar ratioReturn relative to maximum drawdown

6.39

15.47

-9.08

Martin ratioReturn relative to average drawdown

36.65

45.73

-9.07

ZPR.TO vs. BK.TO - Sharpe Ratio Comparison

The current ZPR.TO Sharpe Ratio is 3.72, which is comparable to the BK.TO Sharpe Ratio of 4.62. The chart below compares the historical Sharpe Ratios of ZPR.TO and BK.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

ZPR.TO vs. BK.TO - Drawdown Comparison

The maximum ZPR.TO drawdown since its inception was -44.72%, smaller than the maximum BK.TO drawdown of -82.39%. Use the drawdown chart below to compare losses from any high point for ZPR.TO and BK.TO.

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Drawdown Indicators

ZPR.TOBK.TODifference

Max Drawdown

Largest peak-to-trough decline

-44.72%

-82.39%

+37.67%

Max Drawdown (1Y)

Largest decline over 1 year

-2.47%

-9.94%

+7.47%

Max Drawdown (3Y)

Largest decline over 3 years

-8.75%

-25.20%

+16.45%

Max Drawdown (5Y)

Largest decline over 5 years

-23.06%

-25.20%

+2.14%

Max Drawdown (10Y)

Largest decline over 10 years

-44.13%

-53.66%

+9.53%

Current Drawdown

Current decline from peak

-0.02%

-2.91%

+2.89%

Average Drawdown

Average peak-to-trough decline

-9.19%

-10.77%

+1.58%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.43%

3.36%

-2.93%

Volatility

ZPR.TO vs. BK.TO - Volatility Comparison

The current volatility for BMO Laddered Preferred Share Index ETF (ZPR.TO) is 0.80%, while Canadian Banc Corp. (BK.TO) has a volatility of 5.80%. This indicates that ZPR.TO experiences smaller price fluctuations and is considered to be less risky than BK.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ZPR.TOBK.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

0.80%

5.80%

-5.00%

Volatility (6M)

Calculated over the trailing 6-month period

2.66%

22.98%

-20.32%

Volatility (1Y)

Calculated over the trailing 1-year period

4.29%

33.33%

-29.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

8.30%

22.22%

-13.92%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.41%

26.86%

-15.45%

Dividends

ZPR.TO vs. BK.TO - Dividend Comparison

ZPR.TO's dividend yield for the trailing twelve months is around 5.08%, less than BK.TO's 11.22% yield.

PositionTTM20252024202320222021202020192018201720162015
BK.TO
Canadian Banc Corp.		11.22%11.93%17.47%21.76%19.24%11.81%10.74%13.71%16.33%15.40%9.93%16.49%
ZPR.TO
BMO Laddered Preferred Share Index ETF		5.08%4.86%4.93%5.92%5.97%4.66%5.48%5.09%4.82%4.08%5.14%5.65%

Frequently Asked Questions

ZPR.TO and BK.TO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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