Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info

BMO Balanced ESG ETF (ZESG : TSX)

Add to My Watchlist

Global Neutral Balanced

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024

Click for more information on Fundata’s FundGrade

Close
(08-11-2025) 		$40.02
Change
-$0.03 (-0.07%)
Open $40.10
Day Range $40.02 - $40.15
Volume 1,627

As at July 31, 2025

As at July 31, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeSep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jul 2025Aug 20252021-01-012022-01-012023-01-012024-01-012025-01-01$40.00$34.00$36.00$38.00$42.000500,0001,000,000Period
Created with Highcharts 10.3.3May 2020Sep 2020Jan 2021May 2021Sep 2021Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 2025Sep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jul 2025Aug 20252021-01-012022-01-012023-01-012024-01-012025-01-01-20%0%20%40%-40%-5%5%10%15%Period

Legend

BMO Balanced ESG ETF

Compare Options

Fund Returns

Inception Return (January 16, 2020): 7.57%

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 1.46% 7.42% 2.46% 5.19% 11.17% 13.59% 11.64% 6.36% 7.98% - - - - -
Benchmark 1.48% 6.62% 2.10% 4.88% 10.66% 13.20% 11.58% 5.69% 6.45% 7.05% 6.81% 7.24% 6.89% 6.68%
Category Average 0.83% 1.91% 1.91% 4.51% 8.17% 10.08% 8.17% 4.05% 5.88% 5.59% 5.32% 5.40% 5.31% 4.86%
Category Rank 270 / 1,787 202 / 1,783 534 / 1,737 583 / 1,737 199 / 1,721 152 / 1,655 123 / 1,597 207 / 1,453 202 / 1,328 - - - - -
Quartile Ranking 1 1 2 2 1 1 1 1 1 - - - - -

Monthly Return

Created with Highcharts 10.3.3Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25Jun 25Jul 25-4%-2%0%2%4%6%
Monthly Return
Return % Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Fund 0.47% 2.25% -0.27% 4.35% -1.13% 2.66% -0.30% -2.87% -1.50% 3.78% 2.02% 1.46%
Benchmark -0.07% 2.25% 0.21% 2.87% 0.17% 2.72% -0.03% -2.06% -2.19% 2.47% 2.53% 1.48%

Best Monthly Return Since Inception

6.96% (April 2020)

Worst Monthly Return Since Inception

-7.25% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - 12.81% -13.29% 15.13% 16.57%
Benchmark 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69% 17.48%
Category Average 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53% 12.15%
Quartile Ranking - - - - - - 1 4 1 1
Category Rank - - - - - - 220/ 1,379 1,246/ 1,521 41/ 1,629 202/ 1,682

Best Calendar Return (Last 10 years)

16.57% (2024)

Worst Calendar Return (Last 10 years)

-13.29% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 33.39
Canadian Government Bonds 23.65
Canadian Equity 15.15
International Equity 12.78
Canadian Corporate Bonds 9.72
Other 5.31

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 38.20
Technology 19.31
Financial Services 12.67
Consumer Goods 4.54
Healthcare 4.48
Other 20.80

Geographic Allocation

Geographic Allocation
Name Percent
North America 87.07
Europe 8.94
Asia 3.79
Latin America 0.17
Africa and Middle East 0.01
Other 0.02

Top Holdings

Top Holdings
Name Percent
BMO MSCI USA Selection Equity Index ETF (ESGY) 34.80
BMO Government Bond Index ETF (ZGB) 23.84
BMO MSCI Canada Selection Equity Idx ETF (ESGA) 15.13
BMO MSCI EAFE Selection Equity Index ETF (ESGE) 11.49
BMO ESG Corporate Bond Index ETF (ESGB) 9.61
BMO ESG US Corporate Bond Hgd C$ Index ETF (ESGF) 4.87
CANADIAN DOLLAR 0.25

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return345678910111213140%2%4%6%8%10%12%14%16%

BMO Balanced ESG ETF

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 9.04% 9.48% -
Beta 1.13% 1.12% -
Alpha -0.01% 0.01% -
Rsquared 0.91% 0.89% -
Sharpe 0.82% 0.59% -
Sortino 1.67% 0.86% -
Treynor 0.07% 0.05% -
Tax Efficiency 92.40% - -
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 -

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.66% 9.04% 9.48% -
Beta 1.15% 1.13% 1.12% -
Alpha -0.01% -0.01% 0.01% -
Rsquared 0.87% 0.91% 0.89% -
Sharpe 1.01% 0.82% 0.59% -
Sortino 2.02% 1.67% 0.86% -
Treynor 0.07% 0.07% 0.05% -
Tax Efficiency 92.97% 92.40% - -

Fund Details

Start Date January 16, 2020
Instrument Type Exchange Traded Fund (Responsible Investment)
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) -
52 Week High $40.15
52 Week Low $35.05
Annual Dividend $0.72
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 Balanced ESG seeks to provide a balance of income and 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 with ESG ratings higher than their peers.

Investment Strategy

BMO Balanced ESG 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 60% in equity securities and 40% in fixed income securities. The Underlying Funds will be selected based on ESG ratings assigned by MSCI ESG Research LLC (“MSCI ESG”).

Portfolio Management

Portfolio Manager

BMO Asset Management Inc.

  • Sadiq S. Adatia, CFA
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%

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info