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Global ETF Survey 2026
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ZMT ETF · BMO Equal Weight Global Base Metals Hedged to CAD Index ETF
The ZMT Exchange Traded Fund (ETF) is provided by BMO. It is built to track an index: Solactive Equal Weight Global Base Metals Index. The ZMT ETF provides physical exposure, so by buying it you actually own parts of all the 41 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
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This fund is part ofWorld Materials1M perf.-14.41%
Last price
$127.87
1M perf.
-12.84%
1M flows
+€2.4M
AuM
€49M
TER
0.61%
Rating
Not rated
ZMT
$127.87
Performance & flows
Segment for quartile rank
March 30, 2026 → June 30, 2026
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ZMT
$129.90
+19.92%
World Materials
-6.95%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -12.84%  | +19.92%  | +72.98% | +133.74%  | +143.36% | -10.62% | +11.83% | +22.33% | |
| Flows |
Key fund info
Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
6/30/2026
$129.90
1D NAV change
+1.50%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
41
Inception date
10/20/2009
Jurisdiction
Canada
Distribution
Canada
Legal structure
Unit Investment Trust
Base currency
CAD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Asset class
Factors
N/A
Investment strategy
BMO Equal Weight Global Base Metals Hedged to CAD Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Global Base Metals Index Canadian Dollar Hedged, net of expenses. The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index. The Fund invests in and holds Canadian and US securities and ADRs. U.S. dollar currency exposure is hedged back to Canadian dollars.
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 | +19.92% | +72.98% | +133.74% | +143.36% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise
Exposure
Countries
Canada
48.80%
USA
35.37%
United Kingdom
4.17%
France
2.90%
Luxembourg
2.87%
Australia
2.56%
Switzerland
2.30%
Virgin Islands, British
1.59%
Sectors
Non-Energy Materials
97.64%
Industrials
2.93%
Diversification
Total weight of top 15 holdings out of 41
Top 15 holdings
Data as of May 31, 2026
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Sustainability
Integrates ESG criteria
No
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise
Replication
Trackinsight replication rating:
Not rated
1-year trailing difference
As of June 30, 2026
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ZMT
N/A
Replication quality
Calculated over 12m, as of June 30, 2026
Tracking error
Tracking difference
1-year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Replication information
Index
Index ticker
Index dividend policy
Replication method
Replication model
Issuer
BMO
BMO ID Card
Number of funds
276
Total AuM
€123.66B
Expense ratio range
0.05% - 1.17%
Average expense ratio
0.4396%
Top 5 funds by BMO
| AuM | ||
|---|---|---|
ZSP | BMO S&P 500 Index ETF | €15.11B |
ZCN | BMO S&P/TSX Capped Composite Index ETF | €10.47B |
ZEA | BMO MSCI EAFE Index ETF | €8.19B |
ZAG | BMO Aggregate Bond Index ETF | €8.05B |
ZEB | BMO Equal Weight Banks Index ETF | €4.15B |
Frequently asked questions about ZMT
What does BMO Equal Weight Global Base Metals Hedged to CAD Index ETF, ZMT, invest in?
ZMT is a Passive ETF. This ETF provides exposure to Equally Weighted Metals Miners Equities.
Which benchmark or index does ZMT replicate?
ZMT tracks the Solactive Equal Weight Global Base Metals Canadian Dollar Hedged Index - CAD, through a full replication replication method.
What is the Total Expense ratio (TER) of ZMT?
ZMT carries a total expense ratio (TER) of 0.61%, indicating the annual cost for holding the fund.
When was ZMT launched?
ZMT was introduced to the market on October 20, 2009. It trades on Canada
Who is the ETF issuer of ZMT?
BMO Equal Weight Global Base Metals Hedged to CAD Index ETF, ZMT, is provided by BMO. Learn more about BMO here.
What is the current assets under management (AUM) of ZMT?
ZMT oversees €49M in assets as of June 30, 2026.
How has ZMT performed lately?
Based on data from June 30, 2026, ZMT returned -12.84% over the past month, 19.92% over the last three months and 22.33% year-to-date.
What are the latest inflows or outflows for ZMT?
As of June 30, 2026, ZMT recorded net flows of +€2.4M over the last month and +€9.1M year-to-date.
Does ZMT distribute dividends?
ZMT follows a distributing dividend policy, meaning it pays out income to investors. As of June 30, 2026, its 12-month trailing yield was 0.17%.
What are the main country or region exposures of ZMT?
As of May 31, 2026, ZMT has significant geographic allocations in Canada, USA and United Kingdom.
In which sector or theme does ZMT invest in?
As of May 31, 2026, ZMT focuses largely on Non-Energy Materials and Industrials.
How many securities does ZMT hold and how diversified is it?
As of May 31, 2026, ZMT holds 41 positions in its portfolio, with 43.00% of assets concentrated in its top 15 holdings.
What are the main positions in ZMT?
As of May 31, 2026, ZMT top three holdings include Northern Dynasty Minerals Ltd., Kaiser Aluminum Corp. and Osisko Metals, Inc..
What is the base currency of ZMT?
The base currency of ZMT is CAD.
Is ZMT currency-hedged?
ZMT is hedged, meaning it seeks to minimize the impact of currency fluctuations between its base currency and the currency of the underlying assets.
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