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BMO MSCI Europe High Quality Hedged to CAD Index ETF (ZEQ.TO)
CAD32.16
-0.21 (-0.65%)
TSX CAD CA Equity
NAV
CAD 32.34
-0.56% vs NAV
as of 2026-07-13
AUM
CAD 319.55M
TER
0.45%
Yield (TTM)
2.93%
Distribution
Distributing · Special
52-week range
28.88 – 33.11
Holdings
126
Issuer
BMO
About this ETF
This fund aims to closely track the returns of the MSCI Europe Quality 100% Hedged to CAD Index, taking into account its operating costs. It strategically invests in European equities, targeting companies that exhibit a strong return on equity (ROE), consistent annual earnings expansion, and minimal financial debt. Furthermore, the fund actively manages and hedges any foreign currency exposure back to the Canadian dollar.
ISIN
CA05579B1058
Issuer
BMO
Domicile
CA
Inception
2014-02-10
Asset class
Equity
Price
Top 10 holdings
| ASML holding nv ASML.AS | 5.95% |
| NOVARTIS AG NOVN.SW | 4.90% |
| Roche Holdings AG ROP.SW | 4.60% |
| Nestlé S.A. NESN.SW | 4.59% |
| Astrazeneca PLC AZN.L | 4.44% |
| Novo Nordisk A/S NOVO-B.CO | 3.93% |
| ABB LTD ABBN.SW | 3.39% |
| Unilever PLC ULVR.L | 2.96% |
| ROLLS-ROYCE HOLDINGS PLC RR.L | 2.92% |
| ALLIANZ SE ALV.DE | 2.92% |
Sector mix
Price chart
CAD32.16
-0.21 (-0.65%)
Loading historical data…
Returns
| 1 month | +0.50% |
| 3 months | +3.57% |
| 6 months | +1.04% |
| Year to date | +4.86% |
| 1 year | +5.65% |
| 3 years (ann.) | +4.79% |
| 5 years (ann.) | +2.40% |
| 10 years (ann.) | +6.32% |
Risk profile
| Volatility (1y, ann.) | 13.32% |
| Sharpe (1y) | 0.48 |
| Sharpe (3y) | 0.42 |
| Sortino (1y) | 0.80 |
| Max drawdown (1y) | -10.97% |
| Max drawdown (5y) | -22.14% |
| Max drawdown (full) | -29.14% |
| Beta vs S&P 500 (1y) | 0.66 |
| Correlation vs S&P 500 (1y) | 0.62 |
Technical outlook as of 2026-07-13
Day Score (bias 0-100, not a probability)
33
P(gain) 22 sessions — probability
56%
VaR 95% (daily)
-1.47%
CVaR 95% (daily)
-2.30%
GARCH vol forecast (22d)
0.83%
Market regime (Markov)
Lateral
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Top-10 concentration
40.6%
Effective holdings
41
Disclosed positions
126
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Loading map…
Cost vs. peers
ZEQ.TO
0.45%
Equity median
0.39%
Cheapest in class BKLC
0.00%
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-29 | 2026-07-03 | CAD 0.1320 |
| 2026-03-30 | 2026-04-02 | CAD 0.1300 |
| 2025-12-30 | 2026-01-05 | CAD 0.1300 |
| 2025-09-29 | 2025-10-02 | CAD 0.1300 |
| 2025-08-13 | 2025-08-15 | CAD 0.4200 |
| 2025-06-27 | 2025-07-03 | CAD 0.1300 |
| 2025-03-28 | 2025-04-02 | CAD 0.1400 |
| 2024-12-30 | 2025-01-03 | CAD 0.1400 |
| 2024-09-27 | 2024-10-02 | CAD 0.1400 |
| 2024-06-27 | 2024-07-03 | CAD 0.1400 |
| 2024-03-27 | 2024-04-02 | CAD 0.1800 |
| 2023-12-27 | 2024-01-03 | CAD 0.1900 |
| 2023-09-27 | 2023-10-04 | CAD 0.1800 |
| 2023-06-28 | 2023-07-05 | CAD 0.1800 |
| 2023-03-29 | 2023-04-04 | CAD 0.1800 |
| 2022-12-28 | 2023-01-03 | CAD 0.2100 |
| 2022-09-28 | 2022-10-05 | CAD 0.1700 |
| 2022-06-28 | 2022-07-05 | CAD 0.1600 |
| 2022-03-29 | 2022-04-04 | CAD 0.1400 |
| 2021-12-29 | 2022-01-05 | CAD 0.1400 |
| 2021-09-28 | 2021-10-04 | CAD 0.1400 |
| 2021-06-28 | 2021-07-06 | CAD 0.1400 |
| 2021-03-29 | 2021-04-05 | CAD 0.1200 |
| 2020-12-29 | 2021-01-05 | CAD 0.1200 |
| 2020-09-28 | 2020-10-02 | CAD 0.1200 |
| 2020-06-26 | 2020-07-06 | CAD 0.1200 |
| 2020-03-27 | 2020-04-02 | CAD 0.1200 |
| 2019-12-27 | 2020-01-03 | CAD 0.1700 |
| 2019-09-26 | 2019-10-02 | CAD 0.1050 |
| 2019-06-26 | 2019-07-03 | CAD 0.1100 |
| 2019-03-27 | 2019-04-02 | CAD 0.1100 |
| 2018-12-27 | 2019-01-03 | CAD 0.2700 |
| 2018-09-26 | 2018-10-04 | CAD 0.1100 |
| 2018-06-27 | 2018-07-06 | CAD 0.1100 |
| 2018-03-27 | 2018-04-05 | CAD 0.1100 |
| 2017-12-27 | 2018-01-05 | CAD 0.1200 |
| 2017-09-27 | 2017-10-05 | CAD 0.1000 |
| 2017-06-27 | 2017-07-07 | CAD 0.1000 |
| 2017-03-28 | 2017-04-06 | CAD 0.1000 |
| 2016-12-23 | 2017-01-06 | CAD 0.0900 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| iShares Core MSCI EAFE ETF IEFA | 0.07% | 187.22B | 23.7% |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 17.2% |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 12.5% |
| iShares Core MSCI World UCITS ETF SWDA.L | 0.20% | 143.31B | 6.6% |
| iShares Core MSCI World UCITS ETF IWDA.L | 0.20% | 143.34B | 6.6% |
