🇨🇦 Canada ETF Radar · TOR

ZGLH

BMO Gold Bullion Hedged to CAD ETF

Commodity · Unclassified · Unclassified

Mixed
Country Radar Open Chart
Recent price path ZGLH recent weekly close path 58 CAD 12 Jun 2026
Weekly Return -2.4% latest completed week
4-Week Return -7.6% short momentum
Trend Gap - Trend negative
Fair Gap -11.7% vs fair value
Volume 1.4x 169.2K latest
Market Dynamics 0.00 negative
Relative Strength - vs country ETF tape
Opportunity -13.6 composite radar score
Risk 23.6 -20.4% drawdown · 2.3% 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

Trend is still negative and the latest week is weak; wait for evidence of stabilization.

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 -2.4%; the four-week move is -7.6%, 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

  • No high-conviction opportunity signal yet.
Risk Signals

What needs caution

  • Negative trend with elevated volume
  • 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.

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 - 68.9K
12 Jun 2026 58 CAD - 65 CAD -2.4% 0.00 - 169.2K