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ZWA ETF · BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF
The ZWA Exchange Traded Fund (ETF) is provided by BMO. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
Last update 3/13/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofStructured Products1M perf.-1.93%
Last price
$26.33
1M perf.
-5.42%
1M flows
+€846K
AuM
€125M
E/R
0.72%
Rating
Not rated
ESG Consensus®
ZWA
$26.33
Performance & flows
Segment for quartile rank
December 15, 2025 → March 13, 2026
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ZWA
$26.34
-4.19%
Structured Products
+1.60%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -5.42%  | -4.20% | +11.64%  | +38.32% | +37.26%  | -4.60% | -3.61% | -3.61% | |
| 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
$26.34
1D NAV change
-0.24%
Dividend policy
No. of holdings
30
Inception date
10/27/2011
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 Covered Call Dow Jones Industrial Average Hedged to CAD ETF has been designed to provide exposure to a portfolio of Dow Jones Industrial Average companies, while earning call option premiums. The Fund invests in securities of the Dow Jones Industrial Average, and dynamically writes covered call options.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Enterprise
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | -4.20% | +11.64% | +38.32% | +37.26% |
| 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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Enterprise
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Countries
USA
99.22%
Unavailable
0.78%
Sectors
Financials
23.52%
Information Technology
22.63%
Industrials
15.97%
Consumer Discretionary
12.34%
Health Care
12.09%
Materials
4.41%
Consumer Staples
4.24%
Energy
2.13%
Unavailable
0.78%
Other
1.88%
Diversification
Total weight of top 15 holdings out of 30
Top 15 holdings
Data as of January 31, 2026
THE GOLDMAN SACHS GROUP
CATERPILLAR
MICROSOFT-T
HOME DEPOT
AMERICAN EXPRESS
SHERWIN WILLIAMS
AMGEN-T
VISA INCORPORATION
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MCDONALD'S
INTL BUSINESS MACHINES CORP
JPMORGAN CHASE
UNITEDHEALTH GRP
TRAVELERS COS INC/THE
APPLE
AMAZON.COM INC
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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
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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 ZWA
What does BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF, ZWA, invest in?
ZWA is a Active ETF. This ETF provides exposure to Large Cap US Equities.
What is the Total Expense ratio (TER) of ZWA?
ZWA carries a total expense ratio (TER) of 0.72%, indicating the annual cost for holding the fund.
When was ZWA launched?
ZWA was introduced to the market on October 27, 2011. It trades on Canada
Who is the ETF issuer of ZWA?
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF, ZWA, is provided by BMO. Learn more about BMO here.
What is the current assets under management (AUM) of ZWA?
ZWA oversees €125M in assets as of March 13, 2026.
How has ZWA performed lately?
Based on data from March 13, 2026, ZWA returned -5.42% over the past month, -4.20% over the last three months and -3.61% year-to-date.
What are the latest inflows or outflows for ZWA?
As of March 13, 2026, ZWA recorded net flows of +€851K over the last month and -€26K year-to-date.
Does ZWA distribute dividends?
ZWA follows a distributing dividend policy, meaning it pays out income to investors. As of March 13, 2026, its 12-month trailing yield was 5.92%.
What are the main country or region exposures of ZWA?
As of January 31, 2026, ZWA has significant geographic allocations in USA.
In which sector or theme does ZWA invest in?
As of January 31, 2026, ZWA focuses largely on Financials, Information Technology and Industrials.
How many securities does ZWA hold and how diversified is it?
As of January 31, 2026, ZWA holds 30 positions in its portfolio, with 72.28% of assets concentrated in its top 15 holdings.
What are the main positions in ZWA?
As of January 31, 2026, ZWA top three holdings include THE GOLDMAN SACHS GROUP, CATERPILLAR and MICROSOFT-T.
What is the base currency of ZWA?
The base currency of ZWA is CAD.
Is ZWA currency-hedged?
ZWA 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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