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BMO Growth ETF (ZGRO : TSX)

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Global Equity Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024, 2023, 2022

Click for more information on Fundata’s FundGrade

Close
(05-16-2025) 		$46.96
Change
$0.23 (0.49%)
Open $46.84
Day Range $46.72 - $46.98
Volume 11,854

As at April 30, 2025

As at April 30, 2025

As at April 30, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeJul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jun 2024Jul 2024Aug 2024Sep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 20252020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01$30.00$40.00$50.00$20.00$42.00$44.00$46.00$48.0001,000,0002,000,000250,000500,000Period
Created with Highcharts 10.3.3May 2019Sep 2019Jan 2020May 2020Sep 2020Jan 2021May 2021Sep 2021Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 2025May …Jun 2024Jul 2024Aug 2024Sep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 20252020-01-012021-01-012022-01-012023-01-012024-01-012025-01-010%-25%25%50%75%-5%5%10%15%Period

Legend

BMO Growth ETF

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Fund Returns

Inception Return (February 15, 2019): 9.01%

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 -2.33% -5.44% 0.99% -2.14% 11.96% 12.12% 10.06% 7.42% 10.23% 8.34% - - - -
Benchmark -2.54% -5.91% 0.78% -2.84% 11.49% 12.43% 10.67% 6.78% 9.16% 7.82% 7.95% 7.59% 8.99% 8.19%
Category Average -1.92% 0.21% 0.21% -1.93% 8.87% 9.22% 7.36% 4.70% 7.93% 5.91% 5.80% 5.41% 6.28% 5.36%
Category Rank 881 / 1,330 773 / 1,329 460 / 1,328 790 / 1,329 172 / 1,308 166 / 1,235 126 / 1,211 121 / 1,087 143 / 1,029 101 / 1,004 - - - -
Quartile Ranking 3 3 2 3 1 1 1 1 1 1 - - - -

Monthly Return

Created with Highcharts 10.3.3May 24Jun 24Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25-4%-2%0%2%4%6%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 3.06% 1.20% 3.30% 0.34% 2.41% 0.14% 4.19% -0.95% 3.48% -0.31% -2.88% -2.33%
Benchmark 2.36% 2.01% 3.06% -0.02% 2.38% 0.42% 3.57% 0.16% 3.26% -0.48% -3.00% -2.54%

Best Monthly Return Since Inception

8.20% (April 2020)

Worst Monthly Return Since Inception

-9.31% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - 10.66% 14.87% -10.53% 14.65% 20.49%
Benchmark 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07% 21.57%
Category Average 4.87% 4.92% 9.31% -5.49% 15.12% 8.09% 12.42% -11.85% 11.42% 15.99%
Quartile Ranking - - - - - 2 1 2 1 1
Category Rank - - - - - 316/ 1,026 237/ 1,075 439/ 1,172 168/ 1,221 181/ 1,304

Best Calendar Return (Last 10 years)

20.49% (2024)

Worst Calendar Return (Last 10 years)

-10.53% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 37.54
International Equity 20.94
Canadian Equity 20.24
Canadian Government Bonds 10.85
Canadian Corporate Bonds 3.38
Other 7.05

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 20.46
Technology 18.53
Financial Services 17.01
Consumer Services 6.58
Healthcare 5.79
Other 31.63

Geographic Allocation

Geographic Allocation
Name Percent
North America 78.64
Europe 10.36
Asia 9.50
Africa and Middle East 0.78
Latin America 0.78
Other -0.06

Top Holdings

Top Holdings
Name Percent
BMO S&P 500 Index ETF (ZSP) 35.70
BMO S&P/TSX Capped Composite Index ETF (ZCN) 20.70
BMO Aggregate Bond Index ETF (ZAG) 14.34
BMO MSCI EAFE Index ETF (ZEA) 13.85
BMO MSCI Emerging Markets Index ETF (ZEM) 6.24
BMO US Aggregate Bond Index ETF (Hdg) (ZUAG.F) 6.24
BMO S&P US Mid Cap Index ETF (ZMID) 2.01
BMO S&P US Small Cap Index ETF (ZSML) 0.89
CANADIAN DOLLAR 0.05

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: H.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return678910111213141516171819-5%0%5%10%15%

BMO Growth ETF

Median

Other - Global Equity Balanced

3 Yr Annualized

Standard Deviation 10.80% 10.09% -
Beta 1.06% 1.03% -
Alpha -0.01% 0.01% -
Rsquared 0.97% 0.96% -
Sharpe 0.58% 0.78% -
Sortino 1.10% 1.18% -
Treynor 0.06% 0.08% -
Tax Efficiency 90.90% 90.48% -
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 -

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.14% 10.80% 10.09% -
Beta 1.04% 1.06% 1.03% -
Alpha 0.00% -0.01% 0.01% -
Rsquared 0.95% 0.97% 0.96% -
Sharpe 0.97% 0.58% 0.78% -
Sortino 2.03% 1.10% 1.18% -
Treynor 0.08% 0.06% 0.08% -
Tax Efficiency 92.86% 90.90% 90.48% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A50.0​50.049.5​49.50%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: A51.0​51.050.5​50.50%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: A49.3​49.348.6​48.60%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: A53.6​53.650.2​50.20%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 February 15, 2019
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) -
52 Week High $47.89
52 Week Low $40.99
Annual Dividend $0.88
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

Seeks to provide the potential for long-term capital appreciation, primarily by investing in ETFs that provide exposure to a diversified portfolio of global equity and fixed income securities.

Investment Strategy

BMO Growth ETF will employ a strategic asset allocation strategy and is expected to primarily invest in other BMO ETFs. The BMO ETF’s asset class weightings will be approximately 80% in equity securities and 20% in fixed income securities. As an alternative to or in conjunction with investing directly in ETFs, exposure may be obtained by investing directly in equity and fixed income securities, in mutual funds and/or in derivative instruments.

Portfolio Management

Portfolio Manager

BMO Asset Management Inc.

  • Chris McHaney
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 0.20%
Management Fee 0.18%

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