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BMO MSCI USA High Quality Index ETF

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U.S. Equity

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

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, 2023, 2022, 2021, 2020

Click for more information on Fundata’s FundGrade

NAVPS
(06-13-2025) 		$85.12
Change
-$1.51 (-1.74%)

As at May 31, 2025

As at May 31, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025Jan 20…$10,000$20,000$30,000$40,000$50,000$60,000$7,500$12,500$15,000$17,500Period

Legend

BMO MSCI USA High Quality Index ETF

Compare Options

Fund Returns

Inception Return (November 05, 2014): 15.88%

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 3.98% -6.91% -4.11% -3.51% 10.12% 21.38% 19.61% 14.51% 14.90% 16.46% 15.69% 15.14% 15.85% 15.12%
Benchmark 5.88% -5.07% -3.12% -3.37% 14.53% 21.32% 17.67% 14.22% 15.90% 15.75% 14.67% 14.04% 14.79% 14.00%
Category Average 5.26% -4.85% -5.13% -3.50% 9.43% 16.98% 12.94% 9.20% 12.41% 11.86% 10.74% 10.50% 11.05% 10.02%
Category Rank 924 / 1,332 1,002 / 1,310 518 / 1,297 592 / 1,298 629 / 1,274 256 / 1,208 124 / 1,157 75 / 1,081 189 / 1,019 58 / 952 41 / 874 65 / 814 58 / 738 36 / 650
Quartile Ranking 3 4 2 2 2 1 1 1 1 1 1 1 1 1

Monthly Return

Created with Highcharts 10.3.3-10%-5%0%5%10%
Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 4.44% 1.18% 1.07% 1.28% 1.11% 4.98% -0.62% 4.86% -1.14% -6.33% -4.43% 3.98%
Benchmark 3.97% 2.12% 0.07% 2.23% 2.12% 6.59% 0.26% 3.46% -1.62% -6.04% -4.57% 5.88%

Best Monthly Return Since Inception

10.52% (April 2020)

Worst Monthly Return Since Inception

-7.04% (January 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-40%-20%0%20%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 26.70% 4.06% 17.16% 5.16% 31.53% 19.87% 26.10% -17.68% 32.66% 33.89%
Benchmark 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32% 36.01%
Category Average 10.40% 6.16% 13.43% -2.19% 22.72% 13.97% 23.22% -14.41% 18.85% 26.98%
Quartile Ranking 1 3 2 1 1 2 2 3 1 2
Category Rank 31/ 634 390/ 682 261/ 759 177/ 844 83/ 916 285/ 991 290/ 1,056 666/ 1,107 148/ 1,170 431/ 1,256

Best Calendar Return (Last 10 years)

33.89% (2024)

Worst Calendar Return (Last 10 years)

-17.68% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 94.83
International Equity 4.84
Canadian Equity 0.26
Cash and Equivalents 0.07

Sector Allocation

Sector Allocation
Name Percent
Technology 40.33
Healthcare 15.90
Financial Services 12.33
Consumer Services 8.35
Consumer Goods 7.74
Other 15.35

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.16
Europe 4.64
Latin America 0.20

Top Holdings

Top Holdings
Name Percent
Meta Platforms Inc Cl A 5.10
NVIDIA Corp 5.04
Microsoft Corp 5.04
Visa Inc Cl A 4.99
Eli Lilly and Co 4.95
Apple Inc 4.87
Mastercard Inc Cl A 3.79
Netflix Inc 3.45
Costco Wholesale Corp 3.10
Alphabet Inc Cl A 2.83

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return810121416182022242628-5%0%5%10%15%20%25%30%

BMO MSCI USA High Quality Index ETF

Median

Other - U.S. Equity

3 Yr Annualized

Standard Deviation 13.87% 14.26% 13.74%
Beta 0.94% 1.02% 1.01%
Alpha 0.03% -0.01% 0.01%
Rsquared 0.92% 0.92% 0.93%
Sharpe 1.08% 0.88% 0.97%
Sortino 1.95% 1.33% 1.44%
Treynor 0.16% 0.12% 0.13%
Tax Efficiency 98.20% 97.58% -
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 12.44% 13.87% 14.26% 13.74%
Beta 0.90% 0.94% 1.02% 1.01%
Alpha -0.03% 0.03% -0.01% 0.01%
Rsquared 0.93% 0.92% 0.92% 0.93%
Sharpe 0.55% 1.08% 0.88% 0.97%
Sortino 0.90% 1.95% 1.33% 1.44%
Treynor 0.08% 0.16% 0.12% 0.13%
Tax Efficiency 97.51% 98.20% 97.58% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A87.8​87.861.7​61.70%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: A93.1​93.162.5​62.50%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: A79.5​79.555.5​55.50%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: A87.6​87.664.9​64.90%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 November 05, 2014
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
N/A

Investment Objectives

BMO MSCI USA High Quality Index ETF has been designed to replicate, to the extent possible, the performance of the MSCI USA High Quality Index, net of expenses.

Investment Strategy

ZUQ invests in U.S. equity markets, while screening for high return on equity (ROE), stable year-over-year earnings growth and low financial leverage. The Fund may also invest in or hold securities intended to replicate the performance of the Index.

Portfolio Management

Portfolio Manager

BMO Asset Management Inc.
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 0.34%
Management Fee 0.30%
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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