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ZAG ETF · BMO Aggregate Bond Index ETF
The ZAG Exchange Traded Fund (ETF) is provided by BMO. It is built to track an index: FTSE Canada Universe Bond Index. The ZAG ETF provides physical exposure, so by buying it you actually own parts of all the 71 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update 3/13/2026, 1:30 PM UTC
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This fund is part ofInternational Aggregate Bonds1M perf.-2.59%
Last price
$13.68
1M perf.
-1.73%
1M flows
+€114M
AuM
€7.75B
E/R
0.09%
Rating
Not rated
ESG Consensus®
ZAG
$13.68
Performance & flows
Segment for quartile rank
December 15, 2025 → March 13, 2026
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ZAG
$13.68
+0.04%
International Aggregate Bonds
-0.50%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -1.73%  | +0.04%  | +1.07%  | +8.80% | +3.02%  | -2.33% | -0.13% | -0.13% | |
| Flows |
Key fund info
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This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
3/13/2026
$13.68
1D NAV change
+0.09%
Dividend policy
Replication method
Direct (Physical)
Replication model
Optimized sampling
No. of holdings
71
Inception date
1/19/2010
Jurisdiction
Canada
Distribution
Canada
Legal structure
Unit Trust
Base currency
CAD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Investment strategy
BMO Aggregate Bond Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE Canada UniverseXM Bond Index™, net of expenses. The Fund invests in a variety of debt securities primarily with a term to maturity greater than one year. Securities held in the Index are a broad measure of the Canadian investment-grade fixed income market consisting of Federal, Provincial and Corporate bonds. In addition, as ZAG is a fund of fund, the management fees charged are reduced by those accrued in the underlying funds.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +0.04% | +1.07% | +8.80% | +3.02% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Countries
Canada
100.00%
Sectors
Sovereign
36.27%
Municipal
32.46%
Banks
7.34%
Power
4.22%
Pipelines
2.93%
Government agencies
2.80%
Communication services
2.21%
Real estate investment and services
1.49%
Unavailable
6.60%
Other
3.68%
Diversification
Total weight of top 15 holdings out of 71
Top 15 holdings
Data as of January 31, 2026
Canada, Bond 2.25 1jun2029 10Y
Canada, Bonds 3% 1jun2034, CAD
Canada, Bonds 2.75% 1jun2033, CAD
Province of Quebec, 3.5% 1dec2048, CAD (B117)
Province of Quebec, 2.75% 1sep2028, CAD (B124)
CA135087T461
Canada, Bonds 2.75% 1mar2030, CAD
Canada, Bond 1 1jun2027 10Y
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Province of Ontario, 2.15% 2jun2031, CAD (DMTN249)
Province of Quebec, 3.5% 1dec2045, CAD (B112)
Canada, Bond 2.75 1dec2048 30Y
Canada, Bonds 4% 1mar2029, CAD
Province of Ontario, 3.8% 2dec2034, CAD (DMTN266)
Province of Ontario, 2.8% 2jun2048, CAD (DMTN231)
Province of Ontario, 2.9% 2jun2028, CAD (DMTN238)
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Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
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Integrates ESG criteria
No
SDG
ESG Consensus® by Conser
Data as of December 31, 2025
MethodologyOur partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about ZAG ETF's sustainability, based on their methodology.
ESG Consensus®
ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.
ZAG’s has a Final Sustainability Grade of either B+, B, or B-.
A+
A
A-
B+
B
B-
C+
C
C-
D
This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight EnterpriseHoldings review
91.98% of holdings have positive scoring
8.01% of holdings have negative scoring
75.96%
9.59%
6.43%
Consensus levels
Strong
Medium
Weak
No data on remaining < 1% of holdings
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
BMO
BMO ID Card
Number of funds
276
Total AuM
€114.93B
Expense ratio range
0.05% - 1.17%
Average expense ratio
0.4463%
Top 5 funds by BMO
| AuM | ||
|---|---|---|
ZSP | BMO S&P 500 Index ETF | €13.16B |
ZCN | BMO S&P/TSX Capped Composite Index ETF | €9.46B |
ZAG | BMO Aggregate Bond Index ETF | €7.75B |
ZEA | BMO MSCI EAFE Index ETF | €7.34B |
ZLB | BMO Low Volatility Canadian Equity ETF | €3.74B |
Frequently asked questions about ZAG
What does BMO Aggregate Bond Index ETF, ZAG, invest in?
ZAG is a Passive ETF. This ETF provides exposure to Canadian Investment Grade Aggregate Bonds.
Which benchmark or index does ZAG replicate?
ZAG tracks the FTSE Canada Universe Bond TR Index - CAD, through a optimized sampling replication method.
What is the Total Expense ratio (TER) of ZAG?
ZAG carries a total expense ratio (TER) of 0.09%, indicating the annual cost for holding the fund.
When was ZAG launched?
ZAG was introduced to the market on January 19, 2010. It trades on Canada
Who is the ETF issuer of ZAG?
BMO Aggregate Bond Index ETF, ZAG, is provided by BMO. Learn more about BMO here.
What is the current assets under management (AUM) of ZAG?
ZAG oversees €7.75B in assets as of March 13, 2026.
How has ZAG performed lately?
Based on data from March 13, 2026, ZAG returned -1.73% over the past month, 0.04% over the last three months and -0.13% year-to-date.
What are the latest inflows or outflows for ZAG?
As of March 13, 2026, ZAG recorded net flows of +€114M over the last month and +€34M year-to-date.
Does ZAG distribute dividends?
ZAG follows a distributing dividend policy, meaning it pays out income to investors. As of March 13, 2026, its 12-month trailing yield was 3.50%.
What are the main country or region exposures of ZAG?
As of January 31, 2026, ZAG has significant geographic allocations in Canada.
In which sector or theme does ZAG invest in?
As of January 31, 2026, ZAG focuses largely on Sovereign, Municipal and Banks.
How many securities does ZAG hold and how diversified is it?
As of January 31, 2026, ZAG holds 71 positions in its portfolio, with 44.11% of assets concentrated in its top 15 holdings.
What are the main positions in ZAG?
As of January 31, 2026, ZAG top three holdings include Canada, Bond 2.25 1jun2029 10Y, Canada, Bonds 3% 1jun2034, CAD and Canada, Bonds 2.75% 1jun2033, CAD.
What is the base currency of ZAG?
The base currency of ZAG is CAD.
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