BMO S&P/TSX Equal Weight Banks Index ETF (TSX: ZEB)
Canada
· Delayed Price · Currency is CAD 36.70
+0.21 (0.58%)
May 17, 2024, 3:59 PM EDT
7.59% (1Y)
| Assets | 3.30B |
| Expense Ratio | 0.28% |
| PE Ratio | 11.90 |
| Dividend (ttm) | 1.68 |
| Dividend Yield | 4.58% |
| Ex-Dividend Date | Apr 26, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | 54.47% |
| 1-Year Return | +7.66% |
| Volume | 1,626,288 |
| Open | 36.52 |
| Previous Close | 36.49 |
| Day's Range | 36.49 - 36.73 |
| 52-Week Low | 29.14 |
| 52-Week High | 37.17 |
| Beta | 1.04 |
| Holdings | 7 |
| Inception Date | Oct 20, 2009 |
About ZEB
The fund is passively managed to provide exposure to the Canadian banking industry, which encompasses both major banks and regional banks. To be eligible for inclusion, companies should be TSX-listed and must meet investability and liquidity requirements, including a minimum market capitalization of CAD 10 billion. The index weights the resulting portfolio equally, instead of by market-cap, which lowers single-name blow-up risk and may cause a tilt to smaller firms. The index is reconstituted on a semi-annual basis.
Asset Class Equity
Category Financials
Region North America
Stock Exchange TSX
Ticker Symbol ZEB
Provider BMO
Index Tracked Solactive Equal Weight Canada Banks Index - CAD
Performance
ZEB had a total return of 7.66% in the past year. Since the fund's inception, the average annual return has been 5.51%, including dividends.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Royal Bank of Canada | RY | 17.71% |
| National Bank of Canada | NA | 17.35% |
| Bank of Montreal | BMO | 16.68% |
| Canadian Imperial Bank of Commerce | CM | 16.40% |
| The Bank of Nova Scotia | BNS | 15.91% |
| The Toronto-Dominion Bank | TD | 15.64% |
| CASH | n/a | 0.31% |
Dividend History
| Ex-Dividend | Amount |
|---|---|
| Apr 26, 2024 | 0.140 CAD |
| Mar 27, 2024 | 0.140 CAD |
| Feb 27, 2024 | 0.140 CAD |
| Jan 29, 2024 | 0.140 CAD |
| Dec 27, 2023 | 0.140 CAD |
| Nov 28, 2023 | 0.140 CAD |