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BMO Low Volatility International Equity Hedged to CAD ETF (ZLD : TSX)

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International Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2019

Click for more information on Fundata’s FundGrade

Close
(06-06-2025) 		$30.56
Change
$0.13 (0.43%)
Open $30.63
Day Range $30.63 - $30.64
Volume 1,600

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 PriceVolumeJul 2016Jan 2017Jul 2017Jan 2018Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 20252018-01-012020-01-012022-01-012024-01-012017-01-012019-01-012021-01-012023-01-012025-01-012025-01…$20.00$30.00$15.00$25.00$35.00$26.00$28.00$32.0001,000,00050,000100,000Period
Created with Highcharts 10.3.3Jul 2016Jan 2017Jul 2017Jan 2018Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 20252017-01-012018-01-012019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-012025-0…0%20%40%60%-20%-5%5%10%15%Period

Legend

BMO Low Volatility International Equity Hedged to CAD ETF

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Fund Returns

Inception Return (February 10, 2016): 7.47%

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 3.04% 4.02% 9.41% 8.13% 16.16% 10.64% 9.01% 7.57% 9.16% 5.88% 6.40% 6.51% 6.94% -
Benchmark 0.66% 1.09% 7.07% 6.87% 11.81% 11.28% 11.79% 6.83% 10.51% 7.21% 6.12% 6.46% 8.04% 6.69%
Category Average -0.04% 5.18% 5.18% 5.32% 10.73% 9.28% 10.04% 5.03% 9.11% 6.07% 5.29% 5.45% 6.84% 5.39%
Category Rank 1 / 795 33 / 792 82 / 790 129 / 790 112 / 765 255 / 730 514 / 709 149 / 687 365 / 647 392 / 610 209 / 536 174 / 478 257 / 426 -
Quartile Ranking 1 1 1 1 1 2 3 1 3 3 2 2 3 -

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 1.51% -0.83% 3.82% 3.70% 0.03% -2.07% 1.51% -0.32% 3.95% 1.67% -0.70% 3.04%
Benchmark 2.60% -0.96% 4.08% 0.37% 1.09% -2.68% 0.03% 0.16% 5.72% 1.20% -0.76% 0.66%

Best Monthly Return Since Inception

10.46% (November 2020)

Worst Monthly Return Since Inception

-12.76% (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 - - 12.61% 1.07% 16.88% -5.53% 12.64% -7.68% 12.61% 11.06%
Benchmark 19.41% -1.70% 18.37% -6.81% 16.27% 8.01% 8.97% -10.67% 15.74% 11.18%
Category Average 13.82% -2.56% 17.84% -8.91% 17.54% 7.87% 8.64% -12.60% 13.75% 10.76%
Quartile Ranking - - 4 1 3 4 1 2 3 3
Category Rank - - 398/ 465 4/ 525 341/ 592 625/ 642 134/ 672 190/ 694 479/ 724 488/ 759

Best Calendar Return (Last 10 years)

16.88% (2019)

Worst Calendar Return (Last 10 years)

-7.68% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 97.54
Income Trust Units 1.90
Cash and Equivalents 0.56

Sector Allocation

Sector Allocation
Name Percent
Healthcare 14.73
Consumer Goods 13.89
Industrial Services 11.58
Financial Services 10.88
Telecommunications 10.88
Other 38.04

Geographic Allocation

Geographic Allocation
Name Percent
Europe 71.61
Asia 25.97
Africa and Middle East 1.96
North America 0.45
Other 0.01

Top Holdings

Top Holdings
Name Percent
BMO Low Volatility International Equ ETF (ZLI) 100.59
CANADIAN DOLLAR 0.04
GBP Currency Forward 0.03
EURO CURRENCY 0.01
AUD Currency Forward 0.00
SINGAPORE DOLLAR 0.00
ILS Currency Forward 0.00
DKK Currency Forward 0.00
SEK Currency Forward 0.00
USD Currency Forward -0.01

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 Return91011121314151617181920210%5%10%15%20%25%

BMO Low Volatility International Equity Hedged to CAD ETF

Median

Other - International Equity

3 Yr Annualized

Standard Deviation 10.07% 10.19% -
Beta 0.70% 0.70% -
Alpha 0.01% 0.02% -
Rsquared 0.77% 0.74% -
Sharpe 0.52% 0.68% -
Sortino 0.96% 1.04% -
Treynor 0.07% 0.10% -
Tax Efficiency 88.65% 88.70% -
Volatility 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 7.12% 10.07% 10.19% -
Beta 0.70% 0.70% 0.70% -
Alpha 0.07% 0.01% 0.02% -
Rsquared 0.59% 0.77% 0.74% -
Sharpe 1.63% 0.52% 0.68% -
Sortino 4.39% 0.96% 1.04% -
Treynor 0.17% 0.07% 0.10% -
Tax Efficiency 93.63% 88.65% 88.70% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A57.5​57.573.6​73.60%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: A56.1​56.172.2​72.20%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: A77.2​77.279.1​79.10%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: A36.0​36.066.8​66.80%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 February 10, 2016
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $29
52 Week High $30.75
52 Week Low $25.92
Annual Dividend $0.68
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 International Equity Hedged to CAD ETF has been designed to provide exposure to a low beta weighted portfolio of international stocks in developed countries outside of North America. Beta measures the security's sensitivity to market movements.

Investment Strategy

ZLD utilizes a rules based methodology to build a portfolio of less market sensitive stocks from a universe of international 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 0.45%
Management Fee 0.40%

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