What are commodity ETFs?

A commodity exchange traded fund is an investment trust that trades over a stock market exchange. Commodity ETFs allow investors to get exposure to a variety of commodities including precious metals.

What are precious metals?

Traditionally a precious metal is a physical commodity that tends to hold its value and generally increases over time, the two main examples that investors often purchase are gold and silver.

Why do investors buy commodity ETFs?

Investors generally buy commodity ETFs to further diversify their portfolios and hedge against inflation and economic uncertainty.

Gold ETFs

Invest in gold with BMO ETFs.

See our options

BMO's options for gold

Investors can allocate to the asset class via physical gold commodity ETFs. Investing in physical gold with BMO ETFs allow unitholders to get direct exposure to the price of gold bullion without having the hassle of buying and storing the precious metal.

Why BMO ETFs for physical gold

Gold has exhibited strong historical performance

Gold’s annualized average rate of return since the year 2006 has surpassed other major indices. ¹

A line chart from 2006-2023 comparing the price of gold, the S&P 500, CPI and other indices.

Advantages of investing with Gold

Gold ETFs from BMO

BMO Gold Bullion ETF - ZGLD

Management fee: 0.20%
Risk rating: Medium

Learn more about ZGLD

BMO Gold Bullion Hedged to CAD ETF - ZGLH

Management fee: 0.20%
Risk rating: Medium

Learn more about ZGLH

BMO Gold Bullion ETF (USD Units) - ZGLD.U

Management fee: 0.20%
Risk rating: Medium

Learn more about ZGLD.U

Note, changes in rates of exchange may also reduce the value of your investment.

Read our whitepaper on gold

Investing in gold whitepapaper

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You can purchase BMO ETFs through your direct investing account with your online broker, or through your investment advisor.

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Commodity ETFs FAQ

Sources

¹BMO Global Asset Management, Bloomberg as of February 6, 2024. Average annual percentages are calculated in local currencies. Past performance is no guaranteed of future results.

Disclaimers

This material is for information purposes. The information contained herein is not, and should not be construed as, investment, tax or legal advice to any party. Particular investments and/or trading strategies should be evaluated relative to the individual’s investment objectives and professional advice should be obtained with respect to any circumstance. Any statement that necessarily depends on future events may be a forward-looking statement. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Although such statements are based on assumptions that are believed to be reasonable, there can be no assurance that actual results will not differ materially from expectations. Investors are cautioned not to rely unduly on any forward-looking statements. In connection with any forward-looking statements, investors should carefully consider the areas of risk described in the most recent prospectus.

Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the ETF Facts or prospectus of the BMO ETFs before investing. Exchange traded funds are not guaranteed, their values change frequently and past performance may not be repeated.

For a summary of the risks of an investment in the BMO ETFs, please see the specific risks set out in the BMO ETF’s prospectus. BMO 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. Distributions are not guaranteed and are subject to change and/or elimination.

BMO ETFs are managed by BMO Asset Management Inc., which is an investment fund manager and a portfolio manager, and a separate legal entity from Bank of Montreal.

®/™Registered trademarks/trademark of Bank of Montreal, used under licence.

BMO Exchange Traded Funds Investing in Gold with BMO ETFs