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BMO Balanced ESG ETF (ZESG : TSX)

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Global Neutral Balanced

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024

Click for more information on Fundata’s FundGrade

Close
(05-05-2025) 		$37.50
Change
-$0.02 (-0.05%)
Open $37.58
Day Range $37.58 - $37.58
Volume 259

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 PriceVolumeJul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025May 2024Jun 2024Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 20252021-01-012022-01-012023-01-012024-01-012025-01-01$20.00$25.00$30.00$35.00$40.00$34.00$36.00$38.000500,0001,000,000Period
Created with Highcharts 10.3.3May 2020Sep 2020Jan 2021May 2021Sep 2021Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 2025May …May 2024Jun 2024Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 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

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Fund Returns

Inception Return (January 16, 2020): 6.91%

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 -2.87% -0.59% 2.28% -0.59% 9.64% 12.37% 7.37% 6.63% 9.55% - - - - -
Benchmark -2.06% 0.58% 3.86% 0.58% 11.71% 12.04% 7.91% 5.78% 7.63% 6.63% 6.42% 6.59% 7.01% 6.53%
Category Average -1.86% 1.83% 1.83% 0.71% 8.09% 9.11% 4.88% 4.42% 7.75% 5.33% 5.11% 4.96% 5.42% 4.54%
Category Rank 1,625 / 1,770 1,578 / 1,769 956 / 1,759 1,578 / 1,769 656 / 1,725 162 / 1,673 220 / 1,610 247 / 1,424 271 / 1,346 - - - - -
Quartile Ranking 4 4 3 4 2 1 1 1 1 - - - - -

Monthly Return

Created with Highcharts 10.3.3Apr 24May 24Jun 24Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25-4%-2%0%2%4%6%
Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -2.26% 2.72% 1.36% 2.53% 0.47% 2.25% -0.27% 4.35% -1.13% 2.66% -0.30% -2.87%
Benchmark -1.57% 1.73% 1.79% 3.28% -0.07% 2.25% 0.21% 2.87% 0.17% 2.72% -0.03% -2.06%

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 - - - - - - 222/ 1,416 1,264/ 1,558 41/ 1,672 202/ 1,725

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 31.46
Canadian Government Bonds 25.10
Canadian Equity 15.26
International Equity 12.59
Canadian Corporate Bonds 10.05
Other 5.54

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 39.99
Technology 15.83
Financial Services 12.68
Healthcare 4.99
Consumer Goods 4.94
Other 21.57

Geographic Allocation

Geographic Allocation
Name Percent
North America 87.29
Europe 8.76
Asia 3.76
Latin America 0.16
Africa and Middle East 0.01
Other 0.02

Top Holdings

Top Holdings
Name Percent
BMO MSCI USA Selection Equity Index ETF (ESGY) 32.79
BMO Government Bond Index ETF (ZGB) 25.25
BMO MSCI Canada Selection Equity Idx ETF (ESGA) 15.31
BMO MSCI EAFE Selection Equity Index ETF (ESGE) 11.35
BMO ESG Corporate Bond Index ETF (ESGB) 10.14
BMO ESG US Corporate Bond Hgd C$ Index ETF (ESGF) 5.04
CANADIAN DOLLAR 0.12

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 Return45678910111213141516-4%-2%0%2%4%6%8%10%12%

BMO Balanced ESG ETF

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 10.39% 9.78% -
Beta 1.15% 1.15% -
Alpha -0.02% 0.01% -
Rsquared 0.94% 0.90% -
Sharpe 0.36% 0.74% -
Sortino 0.70% 1.11% -
Treynor 0.03% 0.06% -
Tax Efficiency 88.14% - -
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 7.69% 10.39% 9.78% -
Beta 1.20% 1.15% 1.15% -
Alpha -0.04% -0.02% 0.01% -
Rsquared 0.89% 0.94% 0.90% -
Sharpe 0.73% 0.36% 0.74% -
Sortino 1.51% 0.70% 1.11% -
Treynor 0.05% 0.03% 0.06% -
Tax Efficiency 91.58% 88.14% - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A80.0​80.038.9​38.90%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: A78.6​78.644.1​44.10%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: A81.5​81.539.5​39.50%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: A86.4​86.440.5​40.50%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 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) $94
52 Week High $39.37
52 Week Low $34.00
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%

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