🇨🇦 Canada ETF Radar · TOR

ZWGD-T

BMO Covered Call Spread Gold Bullion ETF CAD

Commodity · Unclassified · Unclassified

Mixed
Recent price path ZWGD-T recent weekly close path 34 CAD 12 Jun 2026
Weekly Return -4.3% latest completed week
4-Week Return -7.1% short momentum
Trend Gap - Trend negative
Fair Gap -8.9% vs fair value
Volume 0.5x 529 latest
Market Dynamics 0.00 negative
Relative Strength - vs country ETF tape
Opportunity -23.1 composite radar score
Risk 27.1 -14.3% drawdown · 2.0% volatility
Price Action

Price, Trend Line, Fair Value

12 months
ZWGD-T weekly price action
Price Trend Line Fair Value
Market Dynamics

Pressure, strength, volume

12 months
ZWGD-T 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.

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

The latest week moved -4.3%; the four-week move is -7.1%, which helps separate one-week noise from actual follow-through.

Trend is negative, volume is running at 0.5x, 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 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.

ZWGD-T

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
6 Mar 2026 40 CAD - 40 CAD % - - 0
13 Mar 2026 39 CAD - 39 CAD -0.2% - - 100
20 Mar 2026 39 CAD - 39 CAD -1.2% - - 300
27 Mar 2026 39 CAD - 39 CAD 0.0% 0.00 - 0
3 Apr 2026 39 CAD - 39 CAD 0.8% 0.00 - 0
10 Apr 2026 37 CAD - 39 CAD -4.8% 0.00 - 100
17 Apr 2026 38 CAD - 39 CAD 0.7% 0.00 - 3.2K
24 Apr 2026 36 CAD - 38 CAD -3.6% 0.00 - 600
1 May 2026 36 CAD - 38 CAD -1.8% 0.00 - 2.6K
8 May 2026 36 CAD - 38 CAD 2.3% 0.00 - 700
15 May 2026 36 CAD - 38 CAD 0.0% 0.00 - 0
22 May 2026 35 CAD - 38 CAD -3.9% 0.00 - 100
29 May 2026 35 CAD - 37 CAD 1.0% 0.00 - 1.8K
12 Jun 2026 34 CAD - 37 CAD -4.3% 0.00 - 529