ZLU.TO
BMO Low Volatility US Equity ETF
BMO Low Volatility US Equity ETF seeks to provide exposure to the performance of a portfolio of U.S. stocks that have lower sensitivity to market movements with the potential for long-term capital appreciation.
US
EQUITY
Active
MANAGEMENT STYLE
$ 2.8 B
ASSETS UNDER MGMT
30 bp
EXPENSES
Fund Basics
| Inception date | Mar 19, 2013 |
| Regulation | Canadian Mutual Fund Trust (ON) |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | CAD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| CORNING INC | 5.2 % |
| CBOE HOLDINGS INC | 3.6 % |
| CISCO SYSTEMS INC | 2.8 % |
| JOHNSON & JOHNSON | 2.7 % |
| MOTOROLA SOLUTIONS | 2.4 % |
| AKAMAI TECHNOLOGIES | 2.4 % |
| NEWMONT MINING CORP | 2.2 % |
| CONSOLIDATED EDISON INC | 2.1 % |
| NORTHROP GRUMMAN CORP | 1.7 % |
| CME GROUP INC | 1.7 % |
Constituent Breakdown
| Number of holdings | 105 |
| Herfindahl-Hirschman Index | 151 |
| Wgt avg mkt cap (mns) | $113,300 |
| Large cap (>$10bn) | 95.1% |
| Mid cap ($2-10bn) | 3.4% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 98.9% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 96.6 % |
 |
SWITZERLAND | 1.0 % |
 |
BERMUDA | 0.8 % |
 |
IRELAND | 0.6 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 8.8% | 12.9% | 12.3% | 10.4% | 9.1% | 7.8% | -- | 11.3% |
| Dividend Yield | 0.0% | 1.6% | 1.9% | 2.2% | 2.2% | 2.1% | -- | 2.2% |
| Total Returns | 8.8% | 14.5% | 14.2% | 12.5% | 11.3% | 9.9% | -- | 13.4% | Ann. Volatility | 10.8% | 9.5% | 11.6% | 10.7% | 11.2% | 13.8% | -- | 13.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.19 | 5% |
| MSCI EAFE | 0.21 | 11% |
| MSCI Emg Mkts | 0.08 | 3% |
Liquidity Measures
| Avg. volume (000) | 8 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $61.54 |
| Relative strength (RSI) | 56 |
| MACD/Signal | 0.52/0.41 |
| Bollinger Bands (Upper/Lower) | $63.62/$59.37 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. ZLU.TO |
Expenses vs. ZLU.TO |
ALTAR Score™ vs. ZLU.TO |
|---|---|---|---|---|
| XMU.TO | iShares MSCI Min Vol USA Index ETF | 40.9% | +3 bp | -1.0% |
| MULV.TO | Mackenzie GQE US Low Volatility ETF | 38.3% | +15 bp | -0.7% |
| TULV.TO | TD Q U.S. Low Volatility ETF | 38.1% | 0 bp | -0.7% |
| MDEF.TO | Mackenzie Defensive Tilt ETF | 34.5% | +25 bp | -0.8% |
| MWLV.TO | Mackenzie GQE World Low Volatility ETF | 31.6% | +20 bp | -0.6% |
| XDU.TO | iShares Core MSCI US Quality Dividend Index ETF | 28.5% | -14 bp | +0.4% |
| ZDY.TO | BMO US Dividend ETF | 27.8% | 0 bp | -0.7% |
| FUD.TO | First Trust Value Line Dividend Index ETF (CAD-Hedged) | 27.6% | +48 bp | -0.3% |
| VUDV.TO | Vanguard U.S. High Dividend Yield Index ETF | 26.8% | -2 bp | -0.4% |
| UDEF.TO | Manulife Smart U.S. Defensive Equity ETF | 24.5% | +3 bp | -0.8% |
Risk and Returns: ZLU.TO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (CAD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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ETF Research Center Rating
6.6%
ALTAR SCORE™
75th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. ZLU.TO's ALTAR Score™ is approximately 0.7 standard
deviations above the category average. This places ZLU.TO in the 75th percentile
among funds in the category.
Sell-Side Consensus
$69.71
PRICE TARGET
+11.7%
UPSIDE