BMO Wealth Management BMO InvestorLine
No Commission Fee ETFs
The new suite of No Commission Fee ETFs covers a broad range of asset classes, geographies, management
styles and popular themes from the largest ETF providers: Vanguard, iShares and BMO. We selected ETFs with
the highest trading volumes and with high liquidity, providing options to cover the full spectrum of investors.
Here’s how to qualify for commission-free trading on over 95 ETFs with InvestorLine:
• Trade* online any of the eligible ETFs listed
• Hold the eligible ETF for a minimum of one business day from the date of purchase
• Do not buy and sell, or sell and buy, the same ETF on the same day. Also not applicable for short sell trades
*Regular commission fees may be applied, or estimated commission fees may be adjusted, if any conditions
are not met.
No Commission Fee ETF trades are not counted to qualify for our 5-star program pricing.
Some ETFs are offered by a related or connected member of BMO Financial Group. Click here to view our
Conflict of Interest Statement for further information.
Table of contents
Equities............................................................................................................................................. 2
Fixed income ................................................................................................................................... 4
Multi-asset class ...............................................................................................................................5
Thematic .......................................................................................................................................... 6
ESG ................................................................................................................................................... 6
bmoinvestorline.com
Equities
Equity ETFs are focused on investing in stocks.
Symbol Country code Description Sub-class
ZDV CA BMO Canadian Dividend ETF Canadian
ZWC CA BMO Canadian High Dividend Covered Call ETF Canadian
ZWP CA BMO Europe High Dividend Covered Call ETF International
ZDI CA BMO International Dividend ETF International
ZDH CA BMO International Dividend Hedged to CAD ETF International
ZLB CA BMO Low Volatility Canadian Equity ETF Canadian
ZLE CA BMO Low Volatility Emerging Markets Equity ETF Emerging markets
ZLI CA BMO Low Volatility International Equity ETF International
ZLU CA BMO Low Volatility US Equity ETF US
ZLU.U CA BMO Low Volatility US Equity ETF (USD) US
ZVC CA BMO MSCI Canada Value Index ETF Canadian
ZDM CA BMO MSCI EAFE Hedged to CAD Index ETF International
ZEA CA BMO MSCI EAFE Index ETF International
ZEM CA BMO MSCI Emerging Markets Index ETF Emerging markets
ZUQ CA BMO MSCI USA High Quality Index ETF US
ZUQ.U CA BMO MSCI USA High Quality Index ETF (USD) US
ZUE CA BMO S&P 500 Hedged to CAD Index ETF US
ZSP CA BMO S&P 500 Index ETF US
ZSP.U CA BMO S&P 500 Index ETF (USD) US
ZCN CA BMO S&P/TSX Capped Composite Index ETF Canadian
ZDY CA BMO US Dividend ETF US
ZDY.U CA BMO US Dividend ETF (USD) US
ZWH CA BMO US High Dividend Covered Call ETF US
ZWH.U CA BMO US High Dividend Covered Call ETF (USD) US
XDV CA iShares Canadian Select Dividend Index ETF Canadian
XEF CA iShares Core MSCI EAFE IMI Index ETF International
XEF.U CA iShares Core MSCI EAFE IMI Index ETF (USD) International
XEC CA iShares Core MSCI Emerging Markets IMI Index ETF Emerging markets
XEC.U CA iShares Core MSCI Emerging Markets IMI Index ETF (USD) Emerging markets
XUS CA iShares Core S&P 500 Index ETF US
XUS.U CA iShares Core S&P 500 Index ETF (USD) US
Page 2
Equities (Continued)
Symbol Country code Description Sub-class
XSP CA iShares Core S&P 500 Index ETF (CAD- Hedged) US
CWO CA iShares Emerging Markets Fundamental Index ETF Emerging markets
XSEM CA iShares ESG Aware MSCI Emerging Markets Index ETF Emerging markets
CIE CA iShares International Fundamental Index ETF International
XIN CA iShares MSCI EAFE Index ETF (CAD-Hedged) International
XMI CA iShares MSCI Min Vol EAFE Index ETF International
XMM CA iShares MSCI Min Vol Emerging Markets Index ETF Emerging markets
XMU CA iShares MSCI Min Vol USA Index ETF US
XMU.U CA iShares MSCI Min Vol USA Index ETF (USD) US
XIU CA iShares S&P/TSX 60 Index ETF Canadian
CDZ CA iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Canadian
XEI CA iShares S&P/TSX Composite High Dividend Index ETF Canadian
XHD CA iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) US
CUD CA iShares US Dividend Growers Index ETF (CAD-Hedged) US
VCN CA Vanguard FTSE Canada All Cap Index ETF Canadian
VDY CA Vanguard FTSE Canadian High Dividend Yield Index ETF Canadian
VIU CA Vanguard FTSE Developed All Cap ex North America Index ETF International
VI CA Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged) International
VIDY CA Vanguard FTSE Developed ex North America High Dividend Yield Index ETF International
VEE CA Vanguard FTSE Emerging Markets All Cap Index ETF Emerging markets
VVO CA Vanguard Global Minimum Volatility ETF International
VMO CA Vanguard Global Momentum Factor ETF International
VVL CA Vanguard Global Value Factor ETF International
VFV CA Vanguard S&P 500 Index ETF US
VSP CA Vanguard S&P 500 Index ETF (CAD-hedged) US
VGG CA Vanguard U.S. Dividend Appreciation Index ETF US
VGH CA Vanguard U.S. Dividend Appreciation Index ETF (CAD-hedged) US
Page 3
Fixed income
Fixed income ETFs are focused on investing in fixed income assets like bonds.
Symbol Country code Description Sub-class
ZAG CA BMO Aggregate Bond Index ETF Mix
ZCB CA BMO Corporate Bond Index ETF Corporate
ZGB CA BMO Government Bond Index ETF Government
ZHY CA BMO High Yield US Corporate Bond Hedged to CAD Index ETF High yield
ZJK CA BMO High Yield US Corporate Bond Index ETF High yield
ZJK.U CA BMO High Yield US Corporate Bond Index ETF (USD) High yield
CLF CA iShares 1-5 Year Laddered Government Bond Index ETF Government
XCB CA iShares Canadian Corporate Bond Index ETF Corporate
XBB CA iShares Core Canadian Universe Bond Index ETF Mix
XHY CA iShares U.S. High Yield Bond Index ETF (CAD-Hedged) High yield
VAB CA Vanguard Canadian Aggregate Bond Index ETF Mix
VCB CA Vanguard Canadian Corporate Bond Index ETF Corporate
VGV CA Vanguard Canadian Government Bond Index ETF Government
Page 4
Multi-asset class
Multi-asset class ETFs invest in a mix of stocks and fixed income assets.
Symbol Country code Description Sub-class
ZEQT CA BMO All-Equity ETF Equity
ZESG CA BMO Balanced ESG ETF Other
ZBAL CA BMO Balanced ETF Balanced
ZBAL.T CA BMO Balance ETF (T6 series) Balanced
ZCON CA BMO Conservative ETF Conservative
ZWQT CA BMO Global Enhanced Income Fund ETF Income
ZGRO CA BMO Growth ETF Growth
ZGRO.T CA BMO Growth Fixed Percentage Distribution Units Growth
ZMI CA BMO Monthly Income ETF Income
ZMI.U CA BMO Monthly Income ETF (USD) Income
XBAL CA iShares Core Balanced ETF Portfolio Balanced
XCNS CA iShares Core Conservative Balanced ETF Portfolio Conservative
XEQT CA iShares Core Equity ETF Portfolio Equity
XGRO CA iShares Core Growth ETF Portfolio Growth
XINC CA iShares Core Income Balanced ETF Portfolio Income
GBAL CA iShares ESG Balanced ETF Portfolio Balanced
VEQT CA Vanguard All-Equity ETF Portfolio Equity
VBAL CA Vanguard Balanced ETF Portfolio Balanced
VCNS CA Vanguard Balanced ETF Portfolio Conservative
VCIP CA Vanguard Conservative Income ETF Portfolio Income
VGRO CA Vanguard Growth ETF Portfolio Growth
Page 5
Thematic
Thematic ETFs are focused on investing in a mix of assets related by a trend or theme.
Symbol Country code Description
ARKK CA BMO ARK Innovation Fund ETF Series
ARKG CA BMO ARK Genomic Revolution Fund ETF Series
ARKW CA BMO ARK Next Generation Internet Fund ETF Series
XDNA CA iShares Genomics Immunology and Healthcare Index ETF
XEXP CA iShares Exponential Technologies Index ETF
XCLN CA iShares Global Clean Energy Index ETF
ESG
ESG ETFs generally invest in securities that are committed to positive environmental, social and governance outcomes.
Symbol Country code Description Sub-class
ESGB CA BMO ESG Corporate Bond Index ETF Fixed income
ESGA CA BMO MSCI Canada ESG Leaders Index ETF Equity
ESGE CA BMO MSCI EAFE ESG Leaders Index ETF Equity
ESGG CA BMO MSCI Global ESG Leaders Index ETF Equity
ESGY CA BMO MSCI USA ESG Leaders Index ETF Equity
XESG CA iShares ESG Aware MSCI Canada Index ETF Equity
XSEA CA iShares ESG Aware MSCI EAFE Index ETF Equity
XSUS CA iShares ESG Aware MSCI USA Index ETF Equity
XSAB CA iShares ESG Canadian Aggregate Bond Index ETF Fixed income
XSTB CA iShares ESG Canadian Short Term Bond Index ETF Fixed income
The information contained herein is not, and should not be construed as, investment, tax or legal advice to any party. Investments should be evaluated relative to the individual’s
investment objectives and professional advice should be obtained with respect to any circumstance.
No Commission Fee ETFs do not consider any fees imposed by the fund companies. Eligible ETFs are subject to change without notice. BMO InvestorLine reserves the right to
modify or cancel this offer at any time without notice.
Commissions, management fees and expenses (if applicable) all may be associated with investments in ETFs. Please read the ETF Facts or prospectus of the relevant ETF before
investing. ETFs trade like stocks, fluctuate in market value and may trade at a discount to their net asset value, which may increase the risk of loss.
BMO Wealth Management is the brand name for a business group consisting of Bank of Montreal and certain of its affiliates, including BMO InvestorLine Inc., in providing wealth
management products and services. Not all products and services are offered by all legal entities within BMO Wealth Management.
BMO InvestorLine Inc. is a member of BMO Financial Group. ®Registered trade-mark of Bank of Montreal, used under licence. BMO InvestorLine Inc. is a wholly owned subsidiary
of Bank of Montreal. Member - Canadian Investor Protection Fund and Member of the Investment Industry Regulatory Organization of Canada.
Last updated: January 2024 Page 6
