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BMO Low Volatility Canadian Equity ETF ZLB

Morningstar Medalist Rating
Medalist Rating as of | See BMO Investment Hub

Morningstar’s Analysis ZLB

Will ZLB outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ZLB’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ZLB management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ZLB’s parent organization’s priorities and whether they’re in line with investors’ interests.

A well-constructed low-volatility fund.

Associate Analyst Mo'ath Almahasneh

Mo'ath Almahasneh

Associate Analyst

Summary

BMO Low Volatility Canadian Equity ETF ZLU constructs a sensible portfolio that captures 45 of the least market-sensitive Canadian large-cap equities. It has proved its merit by protecting investors from volatility during market turmoil despite a few heavy sector tilts away from the broad market.

by Mo'ath Almahasneh
Rated on Published on

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Portfolio Holdings ZLB

More ZLB Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 33.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Loblaw Companies Ltd

4.32 152.0 Mil
Consumer Defensive

Metro Inc

4.04 142.2 Mil
Consumer Defensive

Hydro One Ltd

3.62 127.3 Mil
Utilities

Waste Connections Inc

3.56 125.4 Mil
Industrials

Thomson Reuters Corp

3.37 118.5 Mil
Industrials

Empire Co Ltd Registered Shs -A- Non Vtg

3.13 110.1 Mil
Consumer Defensive

Intact Financial Corp

2.94 103.6 Mil
Financial Services

TMX Group Ltd

2.94 103.4 Mil
Financial Services

Fortis Inc

2.76 97.0 Mil
Utilities

George Weston Ltd

2.57 90.4 Mil
Consumer Defensive