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BMO US Dividend Hedged to CAD ETF (ZUD : TSX)

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U.S. Div & Inc Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeA Click for more information on Fundata’s ESG Grade

Fundata ESG Grade A

Click for more information on Fundata’s ESG Grade.

Close
(05-01-2025) 		$29.32
Change
-$0.07 (-0.24%)
Open $29.41
Day Range $29.34 - $29.41
Volume 300

As at March 31, 2025

As at March 31, 2025

As at March 31, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeJan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025May 2024Jun 2024Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 20252016-01-012018-01-012020-01-012022-01-012024-01-01$15.00$20.00$25.00$30.00$35.00$26.00$28.00$32.00$34.0002,500,000100,000200,000Period
Created with Highcharts 10.3.3Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025May 2024Jun 2024Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 20252016-01-012018-01-012020-01-012022-01-012024-01-010%-25%25%50%75%-5%5%10%15%20%Period

Legend

BMO US Dividend Hedged to CAD ETF

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Fund Returns

Inception Return (March 19, 2013): 9.28%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -3.55% 1.53% 0.01% 1.53% 9.22% 11.71% 6.27% 7.79% 14.09% 7.15% 7.04% 7.19% 8.16% 8.21%
Benchmark -6.04% -4.36% 4.36% -4.36% 14.85% 22.21% 14.28% 14.44% 18.91% 15.28% 15.02% 14.45% 15.05% 13.91%
Category Average -4.00% 2.37% 2.37% -0.28% 11.16% - - - - - - - - -
Category Rank 97 / 220 102 / 219 171 / 213 102 / 219 157 / 211 158 / 196 164 / 193 158 / 189 139 / 187 168 / 181 156 / 168 125 / 138 103 / 115 90 / 102
Quartile Ranking 2 2 4 2 3 4 4 4 3 4 4 4 4 4

Monthly Return

Created with Highcharts 10.3.3Apr 24May 24Jun 24Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25-10%-5%0%5%10%
Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -4.12% 3.40% 0.81% 4.27% 2.96% 1.80% -1.16% 4.40% -4.54% 3.52% 1.69% -3.55%
Benchmark -2.70% 4.13% 3.97% 2.12% 0.07% 2.23% 2.12% 6.59% 0.26% 3.46% -1.62% -6.04%

Best Monthly Return Since Inception

12.11% (November 2020)

Worst Monthly Return Since Inception

-18.05% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -1.40% 22.91% 13.31% -5.46% 21.24% -5.15% 23.37% -5.00% 5.68% 15.40%
Benchmark 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32% 36.01%
Category Average - - - - - - - - - -
Quartile Ranking 4 1 2 3 2 4 2 3 4 4
Category Rank 85/ 99 1/ 115 39/ 138 120/ 166 50/ 181 181/ 187 87/ 189 142/ 192 147/ 193 173/ 206

Best Calendar Return (Last 10 years)

23.37% (2021)

Worst Calendar Return (Last 10 years)

-5.46% (2018)

Asset Allocation

Asset Allocation
Name Percent
US Equity 96.39
International Equity 3.91
Cash and Equivalents -0.31
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Healthcare 20.50
Technology 20.42
Financial Services 13.68
Consumer Goods 9.41
Consumer Services 8.03
Other 27.96

Geographic Allocation

Geographic Allocation
Name Percent
North America 96.09
Europe 3.91

Top Holdings

Top Holdings
Name Percent
BMO US Dividend ETF (ZDY) 100.61
CANADIAN DOLLAR 0.07
US DOLLAR 0.00
CAD Currency Forward -0.68

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return1011121314151617-5%0%5%10%15%20%

BMO US Dividend Hedged to CAD ETF

Median

Other - U.S. Div & Inc Equity

3 Yr Annualized

Standard Deviation 14.64% 14.46% 14.49%
Beta 0.83% 0.86% 0.85%
Alpha -0.05% -0.02% -0.03%
Rsquared 0.66% 0.67% 0.58%
Sharpe 0.22% 0.82% 0.50%
Sortino 0.42% 1.37% 0.59%
Treynor 0.04% 0.14% 0.09%
Tax Efficiency 84.49% 91.30% 85.60%
Volatility Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10

Risk Rating

Rating 8 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.50% 14.64% 14.46% 14.49%
Beta 0.66% 0.83% 0.86% 0.85%
Alpha 0.00% -0.05% -0.02% -0.03%
Rsquared 0.47% 0.66% 0.67% 0.58%
Sharpe 0.48% 0.22% 0.82% 0.50%
Sortino 0.84% 0.42% 1.37% 0.59%
Treynor 0.08% 0.04% 0.14% 0.09%
Tax Efficiency 90.27% 84.49% 91.30% 85.60%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A97.0​97.088.6​88.60%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A96.6​96.685.8​85.80%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A96.5​96.583.3​83.30%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A97.7​97.790.7​90.70%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date March 19, 2013
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $126
52 Week High $32.07
52 Week Low $26.50
Annual Dividend $1.05
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

BMO US Dividend Hedged to CAD ETF has been designed to provide exposure to a yield weighted portfolio of U.S. dividend paying stocks.

Investment Strategy

ZUD utilizes a rules based methodology that considers the three year dividend growth rate, yield, and payout ratio to invest in U.S. equities. Securities will also be subject to a liquidity screen process. The underlying portfolio is rebalanced in June and reconstituted in December. The U.S. dollar currency exposure is hedged back to Canadian dollars.

Portfolio Management

Portfolio Manager

BMO Asset Management Inc.
Sub-Advisor

-

Management and Organization

Fund Manager

BMO Asset Management Inc.
Custodian

State Street Trust Company Canada
Registrar

State Street Trust Company Canada
Distributor

-

Fees

MER 0.34%
Management Fee 0.30%

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