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BMO Low Volatility Canadian Equity ETF (ZLB : TSX)

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Canadian Equity

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024, 2023, 2022, 2021, 2020

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Close
(05-16-2025) 		$51.51
Change
$0.28 (0.55%)
Open $51.16
Day Range $51.15 - $51.52
Volume 72,134

As at April 30, 2025

As at April 30, 2025

As at April 30, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeJan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jun 2024Jul 2024Aug 2024Sep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 20252016-01-012018-01-012020-01-012022-01-012024-01-01$20.00$30.00$40.00$50.00$60.00$45.00$55.00025,000,0002,500,0005,000,000Period
Created with Highcharts 10.3.3Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jun 2024Jul 2024Aug 2024Sep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 20252016-01-012018-01-012020-01-012022-01-012024-01-010%100%-25%25%50%75%-5%5%10%15%20%Period

Legend

BMO Low Volatility Canadian Equity ETF

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Fund Returns

Inception Return (October 20, 2011): 12.28%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 2.94% 7.16% 8.26% 8.80% 22.85% 11.75% 10.58% 10.92% 14.08% 10.54% 11.00% 9.63% 10.28% 9.42%
Benchmark -0.10% -2.00% 4.34% 1.41% 17.85% 13.20% 9.57% 10.07% 14.37% 10.31% 10.21% 9.29% 9.91% 8.27%
Category Average 0.23% 3.11% 3.11% 0.90% 14.34% 10.68% 7.88% 8.62% 12.76% 8.73% 8.40% 7.51% 8.11% 6.76%
Category Rank 12 / 750 9 / 747 25 / 745 6 / 745 27 / 724 315 / 704 71 / 671 82 / 598 202 / 556 105 / 539 46 / 488 59 / 459 60 / 423 32 / 388
Quartile Ranking 1 1 1 1 1 2 1 1 2 1 1 1 1 1

Monthly Return

Created with Highcharts 10.3.3May 24Jun 24Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25-4%-2%0%2%4%6%8%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 2.28% 0.34% 6.48% 1.99% 3.15% -1.30% 2.25% -2.68% 1.53% 2.93% 1.14% 2.94%
Benchmark 2.77% -1.42% 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10%

Best Monthly Return Since Inception

9.30% (November 2020)

Worst Monthly Return Since Inception

-14.36% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 2.67% 13.04% 11.09% -2.78% 21.83% 1.62% 22.88% -0.37% 9.39% 15.34%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average -6.15% 16.46% 6.89% -9.47% 19.21% 3.42% 23.26% -4.82% 9.85% 17.87%
Quartile Ranking 1 4 1 1 2 3 3 1 3 4
Category Rank 6/ 383 342/ 411 24/ 454 22/ 480 176/ 526 343/ 552 378/ 587 79/ 655 451/ 693 633/ 720

Best Calendar Return (Last 10 years)

22.88% (2021)

Worst Calendar Return (Last 10 years)

-2.78% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 93.02
Income Trust Units 6.43
Cash and Equivalents 0.54
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Consumer Services 24.56
Financial Services 22.82
Utilities 13.84
Telecommunications 8.44
Basic Materials 7.71
Other 22.63

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.95
Latin America 1.05

Top Holdings

Top Holdings
Name Percent
Metro Inc 4.31
Empire Co Ltd Cl A 4.26
Loblaw Cos Ltd 4.20
TMX Group Ltd 3.67
Hydro One Ltd 3.43
Thomson Reuters Corp 3.39
Waste Connections Inc 3.28
Fortis Inc 3.16
Intact Financial Corp 3.00
George Weston Ltd 2.90

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return5678910111213141516171819200%5%10%15%20%25%

BMO Low Volatility Canadian Equity ETF

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 9.71% 10.22% 10.38%
Beta 0.62% 0.67% 0.69%
Alpha 0.04% 0.04% 0.04%
Rsquared 0.74% 0.69% 0.72%
Sharpe 0.68% 1.11% 0.76%
Sortino 1.32% 2.08% 0.97%
Treynor 0.11% 0.17% 0.11%
Tax Efficiency 90.38% 92.09% 89.29%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.03% 9.71% 10.22% 10.38%
Beta 0.52% 0.62% 0.67% 0.69%
Alpha 0.12% 0.04% 0.04% 0.04%
Rsquared 0.44% 0.74% 0.69% 0.72%
Sharpe 2.16% 0.68% 1.11% 0.76%
Sortino 5.44% 1.32% 2.08% 0.97%
Treynor 0.34% 0.11% 0.17% 0.11%
Tax Efficiency 95.42% 90.38% 92.09% 89.29%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A22.1​22.147.3​47.30%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A27.6​27.650.5​50.50%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A22.9​22.944.2​44.20%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A11.1​11.143.4​43.40%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

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Fund Details

Start Date October 20, 2011
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) -
52 Week High $51.60
52 Week Low $42.80
Annual Dividend $1.12
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

BMO Low Volatility Canadian Equity ETF has been designed to provide exposure to a low beta weighted portfolio of Canadian stocks. Beta measures the security's sensitivity to market movements.

Investment Strategy

ZLB utilizes a rules based methodology to select the least market sensitive stocks based on five year beta. The 40 lowest beta stocks from the 100 largest and most liquid securities in Canada are selected. The underlying portfolio is rebalanced in June and reconstituted in December.

Portfolio Management

Portfolio Manager

BMO Asset Management Inc.
Sub-Advisor

-

Management and Organization

Fund Manager

BMO Asset Management Inc.
Custodian

State Street Trust Company Canada
Registrar

State Street Trust Company Canada
Distributor

-

Fees

MER 0.40%
Management Fee 0.35%

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