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BMO U.S. Equity ETF Fund Series A

U.S. Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

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

Fundata ESG Grade B

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NAVPS
(12-11-2024)
$41.40
Change
$0.34 (0.82%)

As at November 30, 2024

As at November 30, 2024

As at July 31, 2024

Period
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Legend

BMO U.S. Equity ETF Fund Series A

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Fund Returns

Inception Return (January 07, 1997): 6.81%

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 5.71% 6.66% 13.93% 25.85% 31.16% 20.71% 8.86% 12.88% 12.99% 12.97% 11.60% 12.72% 11.97% 10.89%
Benchmark 6.59% 11.27% 18.22% 35.66% 38.11% 25.73% 14.87% 17.60% 17.00% 16.83% 15.78% 16.05% 15.20% 15.67%
Category Average 6.29% 9.31% 15.35% 29.18% 32.66% 20.86% 10.80% 13.48% 13.25% 13.15% 11.90% 12.39% 11.52% 11.50%
Category Rank 963 / 1,331 1,168 / 1,323 940 / 1,305 923 / 1,283 842 / 1,282 734 / 1,186 867 / 1,121 683 / 1,064 606 / 1,002 591 / 920 551 / 853 434 / 768 379 / 691 462 / 644
Quartile Ranking 3 4 3 3 3 3 4 3 3 3 3 3 3 3

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 4.22% 1.55% 5.24% 3.05% -4.28% 4.77% 3.47% 1.06% 2.15% 1.98% -1.06% 5.71%
Benchmark 1.80% 3.00% 6.70% 3.07% -2.70% 4.13% 3.97% 2.12% 0.07% 2.23% 2.12% 6.59%

Best Monthly Return Since Inception

12.05% (April 2020)

Worst Monthly Return Since Inception

-14.88% (August 1998)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 12.44% 0.12% 9.96% 19.82% -6.83% 28.05% 14.31% 26.69% -20.10% 23.05%
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 4 1 1 4 1 3 1 3 2
Category Rank 482/ 552 566/ 644 101/ 692 177/ 768 712/ 854 194/ 926 555/ 1,002 241/ 1,067 811/ 1,122 501/ 1,186

Best Calendar Return (Last 10 years)

28.05% (2019)

Worst Calendar Return (Last 10 years)

-20.10% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 97.24
International Equity 2.82
Canadian Equity 0.07
Cash and Equivalents -0.13

Sector Allocation

Sector Allocation
Name Percent
Technology 37.50
Financial Services 13.16
Consumer Services 10.51
Healthcare 10.28
Consumer Goods 6.97
Other 21.58

Geographic Allocation

Geographic Allocation
Name Percent
North America 97.18
Europe 2.64
Latin America 0.10
Other 0.08

Top Holdings

Top Holdings
Name Percent
BMO S&P 500 Hedged to CAD Index ETF (ZUE) 99.64
CAD Currency 0.36

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 U.S. Equity ETF Fund Series A

Median

Other - U.S. Equity

3 Yr Annualized

Standard Deviation 17.45% 18.09% 15.22%
Beta 1.17% 1.20% 1.03%
Alpha -0.07% -0.06% -0.04%
Rsquared 0.91% 0.90% 0.75%
Sharpe 0.37% 0.64% 0.65%
Sortino 0.58% 0.90% 0.83%
Treynor 0.06% 0.10% 0.10%
Tax Efficiency 100.00% 100.00% 100.00%
Volatility Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10

Risk Rating

Rating 9 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.84% 17.45% 18.09% 15.22%
Beta 0.92% 1.17% 1.20% 1.03%
Alpha -0.03% -0.07% -0.06% -0.04%
Rsquared 0.70% 0.91% 0.90% 0.75%
Sharpe 2.37% 0.37% 0.64% 0.65%
Sortino 5.28% 0.58% 0.90% 0.83%
Treynor 0.25% 0.06% 0.10% 0.10%
Tax Efficiency 100.00% 100.00% 100.00% 100.00%

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.

Fund Details

Start Date January 07, 1997
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $1,871

Fund Codes

FundServ Code Load Code Sales Status
BMO70722
BMO722

Investment Objectives

This fund’s objective is to provide a return that is similar to the return of one or more exchange traded funds that invest primarily in U.S. equities. The fund may invest all or a portion of its assets in one or more exchange traded funds, invest directly in the underlying securities held by the exchange traded funds and/or use derivatives to provide the fund with a return determined by reference to the exchange traded funds.

Investment Strategy

These are the strategies the portfolio manager uses to try to achieve the fund’s objective: invests up to 100% of the fund’s assets in securities of BMO S&P 500 Hedged to CAD Index ETF; BMO S&P 500 Hedged to CAD Index ETF seeks to replicate, to the extent possible, the performance of the S&P 500 Hedged to Canadian Dollars Index, net of expenses.

Portfolio Manager(s)

Name Start Date
Robert Bechard 09-17-2010
Raymond Chan 04-13-2015

Management and Organization

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

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 0.99%
Management Fee 0.80%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.50%
Trailer Fee Max (LL) -

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