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BMO Low Volatility US Equity ETF (ZLU : TSX)

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U.S. Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2022, 2016

Click for more information on Fundata’s FundGrade

Close
(08-08-2025) 		$56.65
Change
$0.22 (0.39%)
Open $56.43
Day Range $56.43 - $56.85
Volume 19,979

As at June 30, 2025

As at June 30, 2025

As at June 30, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeSep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jul 2025Aug 20252016-01-012018-01-012020-01-012022-01-012024-01-01$60.00$50.00$52.00$54.00$56.00$58.0001,000,000Period
Created with Highcharts 10.3.3Sep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jul 2025Aug 20252016-01-012018-01-012020-01-012022-01-012024-01-010%50%100%150%-5%5%10%15%Period

Legend

BMO Low Volatility US Equity ETF

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Fund Returns

Inception Return (March 27, 2013): 13.16%

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 -0.58% -7.04% 0.76% 0.76% 12.96% 10.80% 8.69% 9.78% 10.26% 9.21% 10.07% 9.88% 8.81% 10.40%
Benchmark 4.21% 5.29% 0.70% 0.70% 14.79% 21.58% 22.01% 13.98% 16.67% 15.87% 14.97% 15.11% 15.47% 14.65%
Category Average 4.11% 0.47% 0.47% 0.47% 10.63% 16.88% 17.15% 9.34% 13.21% 11.82% 11.14% 11.32% 11.70% 10.63%
Category Rank 1,299 / 1,341 1,295 / 1,312 473 / 1,295 473 / 1,295 399 / 1,274 1,061 / 1,208 1,114 / 1,157 556 / 1,087 875 / 1,020 808 / 975 637 / 878 609 / 816 643 / 740 395 / 650
Quartile Ranking 4 4 2 2 2 4 4 3 4 4 3 3 4 3

Monthly Return

Created with Highcharts 10.3.3Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25Jun 25-10%-5%0%5%10%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 5.96% 2.60% 2.33% 0.81% 3.72% -3.62% 3.75% 3.45% 0.99% -5.94% -0.59% -0.58%
Benchmark 2.12% 0.07% 2.23% 2.12% 6.59% 0.26% 3.46% -1.62% -6.04% -4.57% 5.88% 4.21%

Best Monthly Return Since Inception

10.86% (January 2015)

Worst Monthly Return Since Inception

-7.28% (February 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 26.59% 5.74% 5.10% 8.49% 20.32% 2.16% 20.63% 7.98% -3.11% 21.22%
Benchmark 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32% 36.01%
Category Average 10.40% 6.16% 13.43% -2.19% 22.72% 13.97% 23.22% -14.41% 18.85% 26.98%
Quartile Ranking 1 2 4 1 4 4 3 1 4 4
Category Rank 32/ 632 289/ 680 747/ 757 100/ 842 755/ 914 912/ 989 766/ 1,054 5/ 1,104 1,158/ 1,167 980/ 1,253

Best Calendar Return (Last 10 years)

26.59% (2015)

Worst Calendar Return (Last 10 years)

-3.11% (2023)

Asset Allocation

Asset Allocation
Name Percent
US Equity 95.47
International Equity 4.00
Cash and Equivalents 0.53

Sector Allocation

Sector Allocation
Name Percent
Utilities 19.76
Healthcare 17.04
Consumer Goods 13.88
Financial Services 12.49
Technology 9.74
Other 27.09

Geographic Allocation

Geographic Allocation
Name Percent
North America 96.00
Europe 3.00
Latin America 0.99
Other 0.01

Top Holdings

Top Holdings
Name Percent
International Business Machines Corp 2.48
CBOE Global Markets Inc 2.43
Johnson & Johnson 1.95
Northrop Grumman Corp 1.93
Gen Digital Inc 1.92
Roper Technologies Inc 1.83
Akamai Technologies Inc 1.82
Oracle Corp 1.77
Motorola Solutions Inc 1.74
CME Group Inc Cl A 1.62

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 Return8101214161820222426280%5%10%15%20%25%30%35%

BMO Low Volatility US Equity ETF

Median

Other - U.S. Equity

3 Yr Annualized

Standard Deviation 9.80% 9.94% 10.81%
Beta 0.38% 0.41% 0.54%
Alpha 0.01% 0.04% 0.03%
Rsquared 0.27% 0.31% 0.43%
Sharpe 0.49% 0.78% 0.81%
Sortino 0.92% 1.27% 1.14%
Treynor 0.13% 0.19% 0.16%
Tax Efficiency 89.79% 91.44% 91.79%
Volatility Volatility rating is 5 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 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.65% 9.80% 9.94% 10.81%
Beta 0.31% 0.38% 0.41% 0.54%
Alpha 0.08% 0.01% 0.04% 0.03%
Rsquared 0.12% 0.27% 0.31% 0.43%
Sharpe 0.82% 0.49% 0.78% 0.81%
Sortino 1.33% 0.92% 1.27% 1.14%
Treynor 0.31% 0.13% 0.19% 0.16%
Tax Efficiency 93.35% 89.79% 91.44% 91.79%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A80.0​80.061.5​61.50%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: A65.0​65.062.4​62.40%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: A79.1​79.155.3​55.30%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: A86.7​86.764.7​64.70%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.

View the full methodology

Fund Details

Start Date March 27, 2013
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $2,093
52 Week High $60.06
52 Week Low $52.10
Annual Dividend $1.08
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 US Equity ETF has been designed to provide exposure to a low beta weighted portfolio of U.S. stocks. Beta measures the security's sensitivity to market movements.

Investment Strategy

ZLU utilizes a rules based methodology to select the 100 least market sensitive stocks from a universe of U.S. large cap stocks. 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 0.34%
Management Fee 0.30%

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