🇨🇦 Canada ETF Radar · TOR

ZGLH

BMO Gold Bullion Hedged to CAD ETF

Commodity · Unclassified · Unclassified

Mixed
Recent price path ZGLH recent weekly close path 55 CAD 24 Jul 2026
Weekly Return 1.1% latest completed week
4-Week Return -0.7% short momentum
Trend Gap - Trend negative
Fair Gap -12.5% vs fair value
Volume 0.3x 24.6K latest
Market Dynamics 0.00 negative
Relative Strength - vs country ETF tape
Opportunity -6.5 composite radar score
Risk 12.6 -23.7% drawdown · 2.2% volatility
Price Action

Price, Trend Line, Fair Value

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

Pressure, strength, volume

12 months
ZGLH 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.

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

The latest week moved 1.1%; the four-week move is -0.7%, which helps separate one-week noise from actual follow-through.

Trend is negative, volume is running at 0.3x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • No high-conviction opportunity signal yet.
Risk Signals

What needs caution

  • Thin relative volume can make the signal less reliable
  • Market Dynamics is still negative
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 OILU · TOR SavvyLong Geared Crude Oil ETF 🇨🇦 Canada · Commodity Trend and recent returns are aligned, so demand is still moving in the same direction. Week 21.3% 4W 61.7% Vol 0.8x 21.3% 2 HOU · TOR BetaPro Crude Oil Daily Bull ETF 🇨🇦 Canada · Commodity Trend and recent returns are aligned, so demand is still moving in the same direction. Week 20.2% 4W 63.5% Vol 1.0x 20.2% 3 OILY · TOR Evolve Canadian Energy Enhanced Yield Index Fund ETF (CAD-Unhedged) 🇨🇦 Canada · Commodity Trend and recent returns are aligned, so demand is still moving in the same direction. Week 4.0% 4W 11.6% Vol 0.3x 4.0% 4 NRGY · TOR Global X Equal Weight Canadian Oil & Gas Index ETF 🇨🇦 Canada · Commodity Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.6% 4W 10.1% Vol 0.7x 3.6% 5 ENCL · TOR Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF CAD 🇨🇦 Canada · Commodity Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.2% 4W 10.3% Vol 1.1x 3.2% 6 ZEO · TOR BMO Equal Weight Oil & Gas Index ETF 🇨🇦 Canada · Commodity Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.3% 4W 9.6% Vol 1.1x 3.3% 7 ENCC · TOR Global X Canadian Oil and Gas Equity Covered Call ETF 🇨🇦 Canada · Commodity Trend and recent returns are aligned, so demand is still moving in the same direction. Week 2.6% 4W 8.3% Vol 1.1x 2.6% 8 GS · TOR The Goldman Sachs Group, Inc. 🇨🇦 Canada · Commodity Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week -0.6% 4W 3.9% Vol 1.3x -0.6% 9 HUC · TOR Global X Crude Oil ETF 🇨🇦 Canada · Commodity Trend and recent returns are aligned, so demand is still moving in the same direction. Week 1.3% 4W 8.1% Vol 1.4x 1.3% 10 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 7.7% 4W 2.7% Vol 0.7x 7.7%
Latest Event

Historical signal events

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

No recent signal events in the available weekly history.

ZGLH

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
23 Jan 2026 69 CAD - 69 CAD % - - 64.1K
30 Jan 2026 67 CAD - 68 CAD -2.9% - - 703.0K
6 Feb 2026 68 CAD - 68 CAD 2.1% - - 308.3K
13 Feb 2026 69 CAD - 68 CAD 1.4% 0.00 - 71.9K
20 Feb 2026 70 CAD - 69 CAD 1.3% 0.00 - 38.5K
27 Feb 2026 73 CAD - 69 CAD 3.4% 0.00 - 50.5K
6 Mar 2026 71 CAD - 70 CAD -2.1% 0.00 - 61.9K
13 Mar 2026 69 CAD - 70 CAD -2.7% 0.00 - 50.8K
20 Mar 2026 62 CAD - 69 CAD -10.5% 0.00 - 617.6K
27 Mar 2026 62 CAD - 68 CAD 0.5% 0.00 - 145.0K
3 Apr 2026 64 CAD - 68 CAD 3.6% 0.00 - 95.3K
10 Apr 2026 65 CAD - 68 CAD 1.6% 0.00 - 89.2K
17 Apr 2026 67 CAD - 67 CAD 1.9% 0.00 - 263.2K
24 Apr 2026 65 CAD - 67 CAD -2.8% 0.00 - 57.3K
1 May 2026 63 CAD - 67 CAD -2.2% 0.00 - 40.0K
8 May 2026 65 CAD - 67 CAD 2.4% 0.00 - 54.7K
15 May 2026 63 CAD - 67 CAD -3.7% 0.00 - 18.3K
22 May 2026 62 CAD - 66 CAD -1.0% 0.00 - 397.6K
29 May 2026 62 CAD - 66 CAD 0.8% 0.00 - 22.2K
5 Jun 2026 59 CAD - 66 CAD -5.1% 0.00 - 42.2K
12 Jun 2026 58 CAD - 65 CAD -2.4% 0.00 - 17.6K
19 Jun 2026 56 CAD - 65 CAD -2.7% 0.00 - 32.7K
26 Jun 2026 56 CAD - 65 CAD -0.7% 0.00 - 140.3K
3 Jul 2026 57 CAD - 64 CAD 2.0% 0.00 - 70.4K
10 Jul 2026 56 CAD - 64 CAD -1.4% 0.00 - 32.1K
17 Jul 2026 55 CAD - 64 CAD -2.4% 0.00 - 55.1K
24 Jul 2026 55 CAD - 63 CAD 1.1% 0.00 - 24.6K