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BMO Short Corporate Bond Index ETF

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Cdn Short Term Fixed Inc

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024, 2023, 2022, 2021, 2020

Click for more information on Fundata’s FundGrade

NAVPS
(05-29-2025) 		$13.98
Change
$0.01 (0.08%)

As at April 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Apr 2022Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024$10,000$11,000$12,000$13,000$14,000$15,000$16,000$9,500$10,500$11,500Period

Legend

BMO Short Corporate Bond Index ETF

Compare Options

Fund Returns

Inception Return (October 26, 2009): 2.95%

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 0.10% 0.77% 2.81% 1.66% 8.40% 6.31% 5.12% 2.52% 2.86% 2.93% 3.12% 2.66% 2.70% 2.59%
Benchmark 0.02% 0.85% 2.65% 1.69% 7.45% 5.10% 3.95% 1.89% 1.83% 2.22% 2.42% 2.02% 2.00% 1.94%
Category Average 0.07% 0.69% 2.21% 1.41% 6.46% 4.71% 3.52% 1.55% 1.77% 1.86% 1.96% 1.64% 1.60% 1.45%
Category Rank 154 / 286 113 / 278 38 / 268 73 / 277 9 / 257 14 / 217 14 / 201 33 / 193 22 / 183 16 / 176 13 / 166 16 / 154 12 / 143 13 / 136
Quartile Ranking 3 2 1 2 1 1 1 1 1 1 1 1 1 1

Monthly Return

Created with Highcharts 10.3.3-1%0%1%2%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 0.96% 0.80% 1.64% 0.53% 1.57% -0.18% 0.70% 0.42% 0.89% 0.43% 0.24% 0.10%
Benchmark 0.86% 0.79% 1.36% 0.63% 1.26% -0.30% 0.48% 0.46% 0.83% 0.52% 0.31% 0.02%

Best Monthly Return Since Inception

2.34% (April 2020)

Worst Monthly Return Since Inception

-2.53% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%8%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 2.59% 2.16% 0.83% 1.69% 4.55% 6.07% -0.62% -4.51% 6.58% 7.13%
Benchmark 2.56% 0.90% 0.27% 1.89% 2.98% 5.17% -0.92% -3.98% 4.92% 5.71%
Category Average 0.55% 0.85% 0.42% 0.53% 2.93% 4.36% -0.83% -4.45% 4.84% 5.17%
Quartile Ranking 1 1 2 2 1 1 2 3 1 1
Category Rank 11/ 136 26/ 141 41/ 145 46/ 163 5/ 173 19/ 182 57/ 188 119/ 197 14/ 209 14/ 229

Best Calendar Return (Last 10 years)

7.13% (2024)

Worst Calendar Return (Last 10 years)

-4.51% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 96.16
Canadian Government Bonds 1.51
Cash and Equivalents 0.88
Canadian Bonds - Other 0.84
Mortgages 0.63
Other -0.02

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 99.02
Cash and Cash Equivalent 0.88
Financial Services 0.11
Other -0.01

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Bank of Nova Scotia 2.95% 08-Mar-2027 1.11
Toronto-Dominion Bank 4.21% 01-Jun-2027 0.93
Bank of Montreal 4.71% 07-Nov-2027 0.87
Toronto-Dominion Bank 4.68% 08-Jan-2029 0.81
Royal Bank of Canada 4.63% 01-May-2028 0.79
Bank of Nova Scotia 4.68% 01-Feb-2029 0.78
Bank of Montreal 4.31% 01-May-2027 0.78
Bank of Montreal 3.19% 01-Mar-2028 0.78
Bank of Nova Scotia 3.10% 02-Feb-2028 0.77
Royal Bank of Canada 5.10% 03-Apr-2029 0.73

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return12345678-1%0%1%2%3%4%5%6%7%

BMO Short Corporate Bond Index ETF

Median

Other - Cdn Short Term Fixed Inc

3 Yr Annualized

Standard Deviation 2.79% 2.77% 2.42%
Beta 1.11% 1.13% 1.13%
Alpha 0.01% 0.01% 0.00%
Rsquared 0.95% 0.94% 0.81%
Sharpe 0.40% 0.16% 0.37%
Sortino 1.30% -0.07% -0.23%
Treynor 0.01% 0.00% 0.01%
Tax Efficiency 73.87% 55.40% 51.43%
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 1.89% 2.79% 2.77% 2.42%
Beta 1.12% 1.11% 1.13% 1.13%
Alpha 0.00% 0.01% 0.01% 0.00%
Rsquared 0.95% 0.95% 0.94% 0.81%
Sharpe 2.32% 0.40% 0.16% 0.37%
Sortino 11.23% 1.30% -0.07% -0.23%
Treynor 0.04% 0.01% 0.00% 0.01%
Tax Efficiency 83.77% 73.87% 55.40% 51.43%

Fund Details

Start Date October 26, 2009
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $4,052

Fund Codes

FundServ Code Load Code Sales Status
N/A

Investment Objectives

BMO Short Corporate Bond Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE TMX Canada Short Term Corporate Bond Index, net of expenses.

Investment Strategy

ZCS invests in a variety of debt securities primarily with a term to maturity between one and five years. Securities held in the Index are generally corporate bonds issued domestically in Canada in Canadian dollars, with an investment grade rating.

Portfolio Management

Portfolio Manager

BMO Asset Management Inc.

  • Robert Bechard
Sub-Advisor

-

Management and Organization

Fund Manager

BMO Asset Management Inc.
Custodian

State Street Trust Company Canada
Registrar

State Street Trust Company Canada
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.11%
Management Fee 0.10%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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