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BMO Premium Yield ETF (ZPAY : TSX)

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U.S. 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
(12-03-2024) 		$32.97
Change
$0.20 (0.61%)
Open $32.94
Day Range $32.86 - $32.98
Volume 6,787

As at October 31, 2024

As at October 31, 2024

As at July 31, 2024

  • Closing Price / Volume
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Legend

BMO Premium Yield ETF

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Fund Returns

Inception Return (January 15, 2020): 8.06%

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 2.60% 3.59% 8.02% 12.73% 15.42% 14.65% 8.77% 8.42% - - - - - -
Benchmark 2.12% 4.47% 15.49% 27.28% 38.46% 24.49% 13.41% 17.99% 16.57% 16.22% 15.22% 15.67% 14.69% 15.41%
Category Average 1.03% 12.39% 12.39% 21.53% 33.67% 20.00% 8.67% 14.23% 12.72% 12.44% 11.35% 12.06% 10.95% 11.17%
Category Rank 169 / 1,330 592 / 1,314 1,185 / 1,302 1,216 / 1,285 1,274 / 1,279 1,014 / 1,187 642 / 1,113 1,022 / 1,062 - - - - - -
Quartile Ranking 1 2 4 4 4 4 3 4 - - - - - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 2.07% 0.31% 1.49% 2.31% 0.54% -0.03% 0.86% 1.48% 1.87% -0.05% 1.01% 2.60%
Benchmark 6.86% 1.80% 3.00% 6.70% 3.07% -2.70% 4.13% 3.97% 2.12% 0.07% 2.23% 2.12%

Best Monthly Return Since Inception

7.25% (July 2022)

Worst Monthly Return Since Inception

-5.29% (February 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - 9.52% -5.91% 16.56%
Benchmark 24.19% 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32%
Category Average 16.59% 10.40% 6.16% 13.43% -2.19% 22.72% 13.97% 23.22% -14.41% 18.85%
Quartile Ranking - - - - - - - 4 1 3
Category Rank - - - - - - - 1,048/ 1,067 168/ 1,124 816/ 1,188

Best Calendar Return (Last 10 years)

16.56% (2023)

Worst Calendar Return (Last 10 years)

-5.91% (2022)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 68.37
US Equity 29.08
International Equity 1.60
Canadian Equity 0.95

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 68.37
Technology 12.79
Healthcare 8.29
Consumer Goods 3.95
Financial Services 2.91
Other 3.69

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.40
Europe 1.60

Top Holdings

Top Holdings
Name Percent
US DOLLAR 56.67
United States Treasury 26-Dec-2024 11.51
Alphabet Inc Cl A 3.79
Johnson & Johnson 2.80
Microsoft Corp 2.60
UnitedHealth Group Inc 2.24
Accenture PLC Cl A 1.60
Eli Lilly and Co 1.29
Qualcomm Inc 1.09
Nike Inc Cl B 0.98

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)

BMO Premium Yield ETF

Median

Other - U.S. Equity

3 Yr Annualized

Standard Deviation 8.62% - -
Beta 0.54% - -
Alpha 0.01% - -
Rsquared 0.76% - -
Sharpe 0.62% - -
Sortino 1.09% - -
Treynor 0.10% - -
Tax Efficiency 70.08% - -
Volatility Volatility rating is 4 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 3.14% 8.62% - -
Beta 0.23% 0.54% - -
Alpha 0.07% 0.01% - -
Rsquared 0.45% 0.76% - -
Sharpe 3.14% 0.62% - -
Sortino 28.20% 1.09% - -
Treynor 0.42% 0.10% - -
Tax Efficiency 82.99% 70.08% - -

Fundata ESG Metrics

Fundata ESG Score

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

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

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

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 15, 2020
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $376
52 Week High $33.08
52 Week Low $29.88
Annual Dividend $1.92
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 Premium Yield ETF seeks to provide exposure to the performance of a portfolio of U.S. large capitalization companies, primarily by investing in U.S. equity securities and derivative instruments to provide long-term capital appreciation, generate income and mitigate downside risk. The Hedged Units of BMO Premium Yield ETF will also invest in or use derivative instruments to seek to hedge U.S. currency exposure.

Investment Strategy

BMO Premium Yield ETF will primarily invest in a portfolio of U.S. large capitalization equity securities and derivative instruments to gain exposure to U.S. large capitalization companies. Securities will be selected using a rules based methodology that considers quality, yield, and liquidity. BMO Premium Yield ETF may also employ derivative strategies.

Portfolio Manager(s)

Name Start Date
BMO Asset Management Inc. 01-21-2020

Management and Organization

Fund Manager BMO Asset Management Inc.
Advisor BMO Asset Management Inc.
Custodian State Street Trust Company Canada
Registrar State Street Trust Company Canada
Distributor -
Auditor PriceWaterhouseCoopers LLP

Fees

MER 0.73%
Management Fee 0.65%

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