🇨🇦 Canada ETF Radar · TOR

ZGD

BMO Equal Weight Global Gold Index ETF

Commodity · Unclassified · Unclassified

Mixed
Country Radar Open Chart
Recent price path ZGD recent weekly close path 273 CAD 12 Jun 2026
Weekly Return 1.5% latest completed week
4-Week Return -8.8% short momentum
Trend Gap -9.4% Trend negative
Fair Gap 77.9% vs fair value
Volume 1.4x 105.2K latest
Market Dynamics -0.93 negative
Relative Strength -5.74 vs country ETF tape
Opportunity -18.8 composite radar score
Risk 22.8 -27.4% drawdown · 6.6% volatility
Price Action

Price, Trend Line, Fair Value

12 months
ZGD weekly price action
Price Trend Line Fair Value
Market Dynamics

Pressure, strength, volume

12 months
ZGD Market Dynamics and relative strength
Market Dynamics Relative Strength Volume
Signal View

What it shows

No dominant signal

Balanced read: watch trend, volume, and four-week follow-through for the next clue.

Signals are balanced; watch trend, volume, and follow-through.

ZGD sits in Commodity, so read it as a Canada exposure first and a single ETF second.

The latest week moved 1.5%; the four-week move is -8.8%, which helps separate one-week noise from actual follow-through.

Trend is negative, volume is running at 1.4x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • Volume confirmation is supporting the latest move
Risk Signals

What needs caution

  • Negative trend with elevated volume
  • High weekly volatility raises position risk
  • Market Dynamics is still negative
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 COPP · TOR Global X Copper Producers Index ETF 🇨🇦 Canada · Commodity Trend and recent returns are aligned, so demand is still moving in the same direction. Week 6.8% 4W 6.7% Vol 1.5x 6.8% 2 OILY · TOR Evolve Canadian Energy Enhanced Yield Index Fund ETF (CAD-Unhedged) 🇨🇦 Canada · Commodity Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -0.2% 4W -2.8% Vol 1.8x -0.2% 3 ENCL · TOR Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF CAD 🇨🇦 Canada · Commodity Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week 0.0% 4W -1.6% Vol 1.1x 0.0% 4 NRGY · TOR Global X Equal Weight Canadian Oil & Gas Index ETF 🇨🇦 Canada · Commodity Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week 0.1% 4W -1.7% Vol 1.3x 0.1% 5 ENCC · TOR Global X Canadian Oil and Gas Equity Covered Call ETF 🇨🇦 Canada · Commodity Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week 0.5% 4W -1.2% Vol 1.0x 0.5% 6 ZEO · TOR BMO Equal Weight Oil & Gas Index ETF 🇨🇦 Canada · Commodity Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week 0.3% 4W -1.8% Vol 0.8x 0.3% 7 HUC · TOR Global X Crude Oil ETF 🇨🇦 Canada · Commodity Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -2.7% 4W -7.4% Vol 1.8x -2.7% 8 CPCC · TOR Global X Copper Producer Equity Covered Call ETF 🇨🇦 Canada · Commodity Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week 7.2% 4W 7.9% Vol 0.8x 7.2% 9 GS · TOR The Goldman Sachs Group, Inc. 🇨🇦 Canada · Commodity Volume is expanding versus normal activity, which can mark institutional attention or stress. Week 2.2% 4W 12.0% Vol 2.1x 2.2% 10 OILU · TOR SavvyLong Geared Crude Oil ETF 🇨🇦 Canada · Commodity Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape. Week -11.6% 4W -29.1% Vol 0.3x -11.6%
Latest Event

Historical signal events

Recent Trend Line crossings and Market Dynamics buy signals from the weekly history.

20 Mar 2026 Broke below Trend Line 263 CAD · -14.9%
27 Mar 2026 Crossed above Trend Line 283 CAD · 7.8%
1 May 2026 Broke below Trend Line 290 CAD · -8.2%
8 May 2026 Crossed above Trend Line 318 CAD · 9.7%
22 May 2026 Broke below Trend Line 288 CAD · -3.7%
29 May 2026 Crossed above Trend Line 305 CAD · 5.9%
5 Jun 2026 Broke below Trend Line 269 CAD · -11.9%
ZGD

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
20 Jun 2025 166 CAD 134 CAD 90 CAD % 0.95 25.01 18.2K
27 Jun 2025 159 CAD 136 CAD 91 CAD -4.4% 0.96 17.85 42.4K
4 Jul 2025 166 CAD 138 CAD 92 CAD 4.6% 0.79 20.91 11.9K
11 Jul 2025 167 CAD 139 CAD 92 CAD 0.7% 0.69 21.18 23.9K
18 Jul 2025 164 CAD 141 CAD 93 CAD -2.1% 0.39 16.80 20.7K
25 Jul 2025 168 CAD 143 CAD 94 CAD 2.3% 0.17 18.02 21.4K
1 Aug 2025 163 CAD 145 CAD 94 CAD -2.6% 0.08 16.31 45.6K
8 Aug 2025 181 CAD 147 CAD 95 CAD 10.9% 0.24 24.57 51.3K
15 Aug 2025 185 CAD 150 CAD 96 CAD 2.4% 0.50 26.01 25.6K
22 Aug 2025 191 CAD 152 CAD 97 CAD 3.1% 0.84 27.01 13.1K
29 Aug 2025 199 CAD 155 CAD 98 CAD 4.3% 1.22 30.26 22.0K
5 Sep 2025 212 CAD 157 CAD 99 CAD 6.5% 1.33 35.00 33.2K
12 Sep 2025 223 CAD 161 CAD 100 CAD 4.8% 1.52 39.00 31.5K
19 Sep 2025 227 CAD 164 CAD 101 CAD 2.0% 1.67 38.06 60.8K
26 Sep 2025 240 CAD 168 CAD 102 CAD 5.6% 1.77 44.10 51.8K
3 Oct 2025 249 CAD 172 CAD 103 CAD 3.8% 1.83 44.34 60.5K
10 Oct 2025 250 CAD 176 CAD 105 CAD 0.3% 1.90 45.90 58.9K
17 Oct 2025 258 CAD 180 CAD 106 CAD 3.2% 1.93 47.52 103.1K
24 Oct 2025 239 CAD 183 CAD 107 CAD -7.2% 1.81 34.49 80.4K
31 Oct 2025 235 CAD 187 CAD 108 CAD -1.7% 1.51 31.37 56.8K
7 Nov 2025 234 CAD 189 CAD 109 CAD -0.6% 1.09 30.68 30.3K
14 Nov 2025 247 CAD 192 CAD 110 CAD 5.8% 0.67 34.65 22.9K
21 Nov 2025 239 CAD 195 CAD 111 CAD -3.2% 0.25 29.64 19.5K
28 Nov 2025 277 CAD 200 CAD 113 CAD 15.6% 0.20 42.03 31.5K
5 Dec 2025 269 CAD 203 CAD 114 CAD -2.6% 0.19 36.88 26.4K
12 Dec 2025 284 CAD 208 CAD 115 CAD 5.4% 0.24 41.29 32.2K
19 Dec 2025 293 CAD 213 CAD 117 CAD 3.2% 0.42 42.62 26.2K
26 Dec 2025 299 CAD 217 CAD 118 CAD 2.1% 0.42 42.43 16.3K
2 Jan 2026 270 CAD 221 CAD 119 CAD -9.6% 0.31 27.64 27.0K
9 Jan 2026 294 CAD 225 CAD 121 CAD 8.6% 0.28 33.79 42.3K
16 Jan 2026 306 CAD 230 CAD 122 CAD 4.2% 0.33 35.83 54.0K
23 Jan 2026 338 CAD 236 CAD 124 CAD 10.5% 0.56 47.34 80.3K
30 Jan 2026 296 CAD 240 CAD 125 CAD -12.6% 0.84 32.07 123.7K
6 Feb 2026 306 CAD 244 CAD 127 CAD 3.5% 0.97 32.80 75.4K
13 Feb 2026 330 CAD 250 CAD 129 CAD 7.7% 1.09 38.56 43.9K
20 Feb 2026 341 CAD 256 CAD 130 CAD 3.4% 1.02 38.24 35.8K
27 Feb 2026 376 CAD 263 CAD 132 CAD 10.3% 1.14 47.75 39.3K
6 Mar 2026 333 CAD 268 CAD 134 CAD -11.5% 1.16 34.04 88.6K
13 Mar 2026 309 CAD 272 CAD 135 CAD -7.2% 0.82 25.16 70.1K
20 Mar 2026 263 CAD 274 CAD 137 CAD -14.9% 0.26 9.93 86.3K
27 Mar 2026 283 CAD 277 CAD 138 CAD 7.8% -0.40 15.22 49.7K
3 Apr 2026 316 CAD 281 CAD 139 CAD 11.6% -0.87 22.88 23.7K
10 Apr 2026 329 CAD 284 CAD 141 CAD 4.2% -0.97 24.72 33.2K
17 Apr 2026 338 CAD 288 CAD 143 CAD 2.6% -0.80 24.51 54.5K
24 Apr 2026 315 CAD 290 CAD 144 CAD -6.6% -0.69 16.85 54.2K
1 May 2026 290 CAD 292 CAD 145 CAD -8.2% -0.60 6.59 122.0K
8 May 2026 318 CAD 294 CAD 147 CAD 9.7% -0.61 15.42 48.6K
15 May 2026 299 CAD 295 CAD 148 CAD -5.7% -0.71 8.76 67.6K
22 May 2026 288 CAD 297 CAD 150 CAD -3.7% -0.73 2.24 84.0K
29 May 2026 305 CAD 299 CAD 151 CAD 5.9% -0.78 6.66 71.5K
5 Jun 2026 269 CAD 301 CAD 152 CAD -11.9% -0.84 -5.37 177.6K
12 Jun 2026 273 CAD 302 CAD 153 CAD 1.5% -0.93 -5.74 105.2K