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Global ETF Survey 2026

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›ETF Issuers›BMO›ZDB

ZDB

BMO Discount Bond Index ETF

Passive ETF Fixed Income

Not rated

The ZDB Exchange Traded Fund (ETF) is provided by BMO. It is built to track an index: FTSE Canada Universe Discount Bond Index. The ZDB ETF provides physical exposure, so by buying it you actually own parts of all the 45 underlying holdings. This share class generates a stream of income by distributing dividends.

$15.05

-$0.075 (-0.50%) today

2:30 PM 11/10/26 Closed

1D price range

$15.04$15.07

52W price range

$14.73$15.39

YTD Perf.

+1.44%

YTD Flows

Annualized volatility

Fund AuM

€917M

Share class AuM

€917M

TTM Yield

Tracking Error

Tracking Difference

Characteristics

ISIN

CA05590X1024

TER

0.1%

Inception date

2/10/2014

Issuer

BMO

Benchmark

FTSE Canada Universe Discount Bond Index

Replication method

Dividend policy

Distributing

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API

PerformanceDec 31, 2025 - Nov 9, 2026

Flows

Join for free to unlock

Sector exposures

Data as of 09/30/26

Sovereign

33.38%

Municipal

31.30%

Finance

11.64%

Government Agencies

9.98%

Energy

4.45%

Industrials

3.26%

Telecommunications

2.56%

Utilities

2.09%

Business Services

1.34%

Latest ZDB news

No content available for this fund

FAQ about ZDB

ZDB is a passively managed ETF that invests in the International Aggregate Bonds segment.

ZDB tracks the FTSE Canada Universe Discount Bond Index - CAD, through a optimized sampling replication method.

ZDB carries a total expense ratio (TER) of 0.1%.

ZDB was introduced to the market on February 10, 2014.

BMO Discount Bond Index ETF, ZDB, is provided by BMO. Learn more about BMO here.

ZDB oversees €917M in assets as of November 9, 2026.

ZDB follows a distributing dividend policy, meaning it pays out income to investors. As of November 9, 2026, its 12-month trailing yield was 1.79%.

As of September 30, 2026, ZDB has significant geographic allocations in Canada.

As of September 30, 2026, ZDB focuses largely on Sovereign, Municipal and Finance.

As of September 30, 2026, ZDB holds 45 positions in its portfolio, with 71.84% of assets concentrated in its top 15 holdings.

As of September 30, 2026, ZDB top three holdings include Canada, Bond 0.5 1oct2030 10Y, CMHC, 1.9% 15mar2031, CAD (100) and Sun Life Financial, 2.06% 1oct2035, CAD (2020-2).

The base currency of ZDB is CAD.

Top 10 holdings

Data as of 09/30/26

Canada, Bond 0.5 1oct2030 10Y

18.61%

CMHC, 1.9% 15mar2031, CAD (100)

6.31%

Sun Life Financial, 2.06% 1oct2035, CAD (2020-2)

5.67%

Province of Quebec, 1.5% 1sep2031, CAD (B128)

5.50%

Province of Ontario, 2.05% 2jun2030, CAD (DMTN243)

5.15%

Province of Ontario, 2.65% 2dec2050, CAD (DMTN242)

5.01%

Canada, Bonds 2.25% 1dec2029, CAD

4.59%

Toronto-Dominion Bank, 1.896% 11sep2028, CAD

3.30%

Canada, Bonds 2% 1jun2032, CAD

3.11%

Pembina Pipeline Corporation, 3.31% 1feb2030, CAD (15)

2.66%

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