ZEM-CA
BMO MSCI Emerging Markets Index ETF
The ETF has been designed to replicate, to the extent possible, the performance of the MSCI Emerging Markets Index, net of expenses
Emerging Market
EQUITY
Passive
MANAGEMENT STYLE
$1.4 B
ASSETS UNDER MGMT
31 bp
EXPENSES
Fund Basics
| Fund sponsor | BMO |
| Category | Emerging |
| Asset class | Equity |
| Website | link... |
| Inception date | Oct 20, 2009 |
| Assets (mns) | $1,437 |
| Expense ratio | 31 bp |
| Currency | CAD |
Sector Breakdown
Fund Structure
| Regulation | Canadian Mutual Fund Trust (ON) |
| Distributions | Annually |
| Taxation | |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| ISHARES MSCI EMERGING MARKETS ETF | 14.7 % |
| TAIWAN SEMICONDUCTOR MANUFAC | 8.0 % |
| TENCENT HOLDINGS LTD | 3.6 % |
| SAMSUNG ELECTRONICS CO LTD | 3.0 % |
| RELIANCE INDS-SPONS GDR 144A | 1.9 % |
| ALIBABA GROUP HOLDING LTD. | 1.6 % |
| PINDUODUO, INC. SPONSORED ADR CLASS A | 1.1 % |
| HON HAI PRECISION INDUSTRY | 1.1 % |
| MEDIATEK INC | 1.0 % |
| CHINA CONSTRUCTION BANK-H | 1.0 % |
Constituent Breakdown
| Number of holdings | 811 |
| Herfindahl-Hirschman Index | 324 |
| Wgt avg mkt cap (mns) | $129,599 |
| Large cap (>$10bn) | 81.9% |
| Mid cap ($2-10bn) | 17.2% |
| Small cap (<$2bn) | 0.5% |
| Developed mkts. | 6.8% |
| Emerging mkts. | 93.2% |
Country Exposure
 |
CHINA | 20.5 % |
 |
TAIWAN | 16.4 % |
 |
INDIA | 15.2 % |
 |
SOUTH KOREA | 9.4 % |
 |
BRAZIL | 3.8 % |
 |
SAUDI ARABIA | 3.0 % |
 |
MEXICO | 1.6 % |
 |
HONG KONG | 1.5 % |
 |
SOUTH AFRICA | 1.5 % |
 |
MALAYSIA | 1.4 % |
Historical Performance
Standardized Performance (as of 03/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -- | -- | -- | -- | -- | -- | -- | -- |
| Dividend Yield | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Returns | 3.7% | 11.2% | 6.6% | 3.0% | 6.4% | 3.9% | -- | 4.5% | Ann. Volatility | 14.4% | 18.9% | 16.0% | 14.8% | 14.7% | 13.6% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.43 | 29% |
| MSCI EAFE | 0.55 | 47% |
| MSCI Emg Mkts | 0.76 | 89% |
Liquidity Measures
| Avg. volume (000) | 46 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.00% |
| ADV of underlying (mns) | $34,123 |
Technical Indicators
| Recent close | $21.40 |
| 30d moving avg. | $22.32 |
| Annualized volatility | 13.9% |
| Relative strength (RSI) | 55 |
| 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. ZEM-CA |
Expenses vs. ZEM-CA |
ALTAR Score™ vs. ZEM-CA |
|---|---|---|---|---|
| XEC-CA | iShares Core MSCI Emerging Markets IMI Index ETF | 67.7% | +12 bp | +10.7% |
Risk and Returns: ZEM-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.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| 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
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| 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 4/28/2025
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
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ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
ZEM-CA
0.0%
Cat. Avg
10.2%
ALTAR Score™ Calculation
Category Overview
There are 153 funds in the Emerging Equity category, with an average ALTAR Score™
of 10.2% and a standard deviation of
3.9%. ZEM-CA's ALTAR Score™ is approximately
0.0 standard deviations
below
the category average. This places ZEM-CA in the percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
ZEM-CASELL
U/W
HOLD
O/W
BUY