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BMO Europe High Dividend Covered Call Hedged to CAD ETF

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European Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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, 2018

Click for more information on Fundata’s FundGrade

NAVPS
(05-28-2025) 		$20.25
Change
-$0.17 (-0.83%)

As at April 30, 2025

As at April 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 2016Jul 2016Jan 2017Jul 2017Jan 2018Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Oct 2022Apr 2023Oct 2023Apr 2024Oct 2024Apr 2025Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jan 2…$7,500$10,000$12,500$15,000$17,500$20,000$22,500$8,000$9,000$11,000$12,000$13,000$14,000Period

Legend

BMO Europe High Dividend Covered Call Hedged to CAD ETF

Compare Options

Fund Returns

Inception Return (September 09, 2015): 7.04%

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 -2.93% -3.48% 1.72% 2.09% 3.38% 6.55% 8.70% 8.35% 11.13% 6.58% 6.16% 5.98% 7.81% -
Benchmark 0.46% 2.85% 9.85% 10.52% 14.60% 11.76% 13.67% 8.90% 12.45% 8.31% 7.29% 7.29% 8.73% 7.21%
Category Average 0.35% 0.92% 5.38% 6.80% 11.38% 9.07% 10.18% 4.86% 9.11% 5.34% 4.44% 4.51% 5.56% 4.69%
Category Rank 96 / 98 93 / 98 88 / 98 93 / 98 90 / 98 80 / 98 68 / 98 22 / 98 31 / 96 40 / 96 29 / 89 31 / 85 17 / 74 -
Quartile Ranking 4 4 4 4 4 4 3 1 2 2 2 2 1 -

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%8%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 3.41% -1.26% 0.08% 2.12% -0.42% -2.20% -0.40% 0.04% 5.77% 3.05% -3.50% -2.93%
Benchmark 4.15% -2.07% 3.38% 1.39% 0.64% -3.03% -0.82% 0.21% 7.45% 3.09% -0.68% 0.46%

Best Monthly Return Since Inception

13.48% (November 2020)

Worst Monthly Return Since Inception

-12.57% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - 12.65% 10.82% -8.54% 21.49% -8.30% 19.46% 0.10% 14.67% 7.21%
Benchmark 17.20% -3.54% 18.15% -7.68% 19.54% 3.59% 15.26% -10.82% 17.51% 10.66%
Category Average 17.33% -5.77% 14.98% -9.04% 15.21% 3.84% 11.84% -15.77% 16.91% 8.55%
Quartile Ranking - 1 3 2 1 4 1 1 4 3
Category Rank - 1/ 70 58/ 80 39/ 88 20/ 93 93/ 96 9/ 98 4/ 98 80/ 98 64/ 98

Best Calendar Return (Last 10 years)

21.49% (2019)

Worst Calendar Return (Last 10 years)

-8.54% (2018)

Asset Allocation

Asset Allocation
Name Percent
International Equity 99.39
Cash and Equivalents 0.61

Sector Allocation

Sector Allocation
Name Percent
Financial Services 23.60
Consumer Goods 20.36
Healthcare 10.97
Industrial Goods 9.08
Energy 7.32
Other 28.67

Geographic Allocation

Geographic Allocation
Name Percent
Europe 98.25
North America 1.76
Other -0.01

Top Holdings

Top Holdings
Name Percent
BMO Europe High Dividend Covered Call ETF (ZWP) 100.95
CANADIAN DOLLAR 0.00
EURO CURRENCY 0.00
POUND STERLING 0.00
SWEDISH KRONA 0.00
US DOLLAR 0.00
DKK Currency Forward -0.03
SEK Currency Forward -0.05
CAD Currency Forward -0.09
CHF Currency Forward -0.12

Equity Style

Market capitalization is large. Equity style is blend.

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 Return12131415161718192021222324252627280%5%10%15%20%25%

BMO Europe High Dividend Covered Call Hedged to CAD ETF

Median

Other - European Equity

3 Yr Annualized

Standard Deviation 11.51% 12.27% -
Beta 0.74% 0.78% -
Alpha -0.01% 0.01% -
Rsquared 0.83% 0.80% -
Sharpe 0.44% 0.73% -
Sortino 0.88% 1.23% -
Treynor 0.07% 0.11% -
Tax Efficiency 66.15% 73.03% -
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 -

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.64% 11.51% 12.27% -
Beta 0.80% 0.74% 0.78% -
Alpha -0.08% -0.01% 0.01% -
Rsquared 0.72% 0.83% 0.80% -
Sharpe 0.00% 0.44% 0.73% -
Sortino 0.13% 0.88% 1.23% -
Treynor 0.00% 0.07% 0.11% -
Tax Efficiency 19.19% 66.15% 73.03% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A83.7​83.759.1​59.10%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: A84.7​84.765.8​65.80%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: A95.0​95.067.6​67.60%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: A47.7​47.749.4​49.40%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 September 09, 2015
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $617

Fund Codes

FundServ Code Load Code Sales Status
N/A

Investment Objectives

The fund seeks to provide unitholders with exposure to the performance of a portfolio of dividend paying European companies to generate income and to provide long-term capital appreciation. The fund will primarily invest in and hold the equity securities of dividend paying European companies. In addition, depending on market volatility and other factors, the fund will write covered call options on these securities.

Investment Strategy

The investment strategy of each BMO ETF is to invest in and hold a portfolio of securities selected by the Manager in order to achieve its investment objectives. The BMO ETFs may also hold cash and cash equivalents or other money market instruments in order to meet their current obligations.

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 0.73%
Management Fee 0.65%
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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