More information about BMO Canadian Dividend ETF (ZDV) is in its prospectus. Before investing in an Exchange Traded Fund (ETF), it’s important to assess how it fits within your portfolio and aligns with your risk tolerance. ETF prices can also experience higher volatility during market openings and closings and there is always the possibility of losing money. It’s also worth noting that a narrower bid-ask spread generally indicates higher liquidity, meaning you’re more likely to execute trades at expected prices. Always consider these factors carefully when making investment decisions, as even ETFs considered low-risk can experience losses under certain market conditions.
ZDV ETF Review
BMO Canadian Dividend ETF (ZDV) has been designed to provide exposure to a yield-weighted portfolio of Canadian dividend-paying stocks. ZDV uses a rules-based methodology considering the three-year dividend growth rate, yield, and payout ratio to invest in Canadian equities. Securities will also be subject to a liquidity screening process. The underlying portfolio is rebalanced in May and reconstituted in November.
Top 10 ZDV Holdings
Total percentage of top 10 investments 45.3%
Ticker | Name | Weight |
---|---|---|
CNQ | CANADIAN NATURAL RESOURCES LTD | 5.33% |
RY | ROYAL BANK OF CANADA | 5.25% |
ENB | ENBRIDGE INC | 5.08% |
BNS | BANK OF NOVA SCOTIA/THE | 4.91% |
CM | CANADIAN IMPERIAL BANK OF COMMERCE | 4.70% |
TD | TORONTO-DOMINION BANK/THE | 4.51% |
MFC | MANULIFE FINANCIAL CORP | 4.27% |
BMO | BANK OF MONTREAL | 3.96% |
BCE | BCE INC | 3.89% |
CNR | CANADIAN NATIONAL RAILWAY CO | 3.68% |