ZCN-CA
BMO S&P/TSX Capped Composite Index ETF
The BMO S&P/TSX Capped Composite Index ETF has been designed to replicate, to the extent possible, the performance of the S&P/TSX Capped Composite Index (Index), net of expenses. The ETF invests in and holds the Constituent Securities of the Index in th
Canadian
EQUITY
Passive
MANAGEMENT STYLE
$8.4 B
ASSETS UNDER MGMT
6 bp
EXPENSES
Fund Basics
| Fund sponsor | BMO |
| Category | Canadian |
| Asset class | Equity |
| Website | link... |
| Inception date | May 29, 2009 |
| Assets (mns) | $8,359 |
| Expense ratio | 6 bp |
| Currency | CAD |
Sector Breakdown
Fund Structure
| Regulation | Canadian Mutual Fund Trust (ON) |
| Distributions | Quarterly |
| Taxation | |
| Stock selection | Committee |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| ROYAL BANK OF CANADA | 6.5 % |
| TORONTO-DOMINION BANK | 4.2 % |
| SHOPIFY, INC. CLASS A | 3.6 % |
| ENBRIDGE INC | 3.3 % |
| CANADIAN PACIFIC KANSAS CITY LTD | 3.2 % |
| CANADIAN NATURAL RESOURCES | 3.2 % |
| CANADIAN NATL RAILWAY CO | 3.1 % |
| BANK OF MONTREAL | 2.7 % |
| BROOKFIELD CORP | 2.6 % |
| BANK OF NOVA SCOTIA | 2.5 % |
Constituent Breakdown
| Number of holdings | 225 |
| Herfindahl-Hirschman Index | 196 |
| Wgt avg mkt cap (mns) | $53,488 |
| Large cap (>$10bn) | 83.3% |
| Mid cap ($2-10bn) | 13.6% |
| Small cap (<$2bn) | 3.1% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
CANADA | 97.0 % |
 |
BERMUDA | 0.8 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 19.0% | 22.5% | 12.4% | 8.8% | 10.7% | 8.3% | 8.3% | Volatility | 15.6% | 15.9% | 15.3% | 14.7% | 16.6% | 13.0% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.66 | 73% |
| MSCI EAFE | 0.65 | 70% |
| MSCI Emg Mkts | 0.47 | 36% |
Liquidity Measures
| Avg. volume (000) | 63 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.00% |
| ADV of underlying (mns) | $6,657 |
Technical Indicators
| Recent close | $33.01 |
| 30d moving avg. | $34.10 |
| Annualized volatility | 13.6% |
| Relative strength (RSI) | 63 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. ZCN-CA |
Expenses vs. ZCN-CA |
ALTAR Score™ vs. ZCN-CA |
|---|---|---|---|---|
| XIC-CA | iShares Core S&P/TSX Capped Composite Index ETF | 97.7% | 0 bp | 0.0% |
| QCN-CA | Mackenzie Canadian Equity Index ETF | 95.0% | -1 bp | +0.1% |
| TTP-CA | TD Canadian Equity Index ETF | 91.4% | 0 bp | -0.1% |
| VCN-CA | Vanguard FTSE Canada All Cap Index ETF | 91.2% | -1 bp | -0.1% |
| XIU-CA | iShares S&P/TSX 60 Index ETF | 80.2% | +12 bp | -0.1% |
| VCE-CA | Vanguard FTSE Canada Index ETF | 75.2% | 0 bp | -0.2% |
| XESG-CA | iShares ESG Aware MSCI Canada Index ETF | 68.6% | +11 bp | -0.3% |
| XCSR-CA | iShares ESG Advanced MSCI Canada Index ETF | 53.3% | +12 bp | -0.4% |
| XEI-CA | iShares S&P/TSX Composite High Dividend Index ETF | 43.9% | +18 bp | +1.6% |
| VDY-CA | Vanguard FTSE Canadian High Dividend Yield Index ETF | 41.8% | +17 bp | +1.5% |
Risk and Returns: ZCN-CA vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/18/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
ZCN-CA
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
ZCN-CA
6.8%
Cat. Avg
7.4%
ALTAR Score™ Calculation
Category Overview
There are 19 funds in the Canadian Equity category, with an average ALTAR Score™
of 7.4% and a standard deviation of
1.6%. ZCN-CA's ALTAR Score™ is approximately
0.4 standard deviations
below
the category average. This places ZCN-CA in the 34th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
ZCN-CASELL
U/W
HOLD
O/W
BUY