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BMO Low Volatility US Equity ETF (ZLU : TSX)

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U.S. Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

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
(05-02-2025) 		$55.39
Change
$0.23 (0.42%)
Open $55.63
Day Range $55.09 - $55.63
Volume 12,608

As at March 31, 2025

As at March 31, 2025

As at March 31, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeJan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025May 2024Jun 2024Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 20252016-01-012018-01-012020-01-012022-01-012024-01-01$20.00$40.00$60.00$45.00$50.00$55.0005,000,00010,000,0001,000,000Period
Created with Highcharts 10.3.3Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025May 2024Jun 2024Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 20252016-01-012018-01-012020-01-012022-01-012024-01-010%50%100%150%-50%-5%5%10%15%20%25%Period

Legend

BMO Low Volatility US Equity ETF

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Fund Returns

Inception Return (March 27, 2013): 14.14%

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 0.99% 8.39% 9.24% 8.39% 20.99% 13.64% 10.80% 12.58% 13.47% 10.90% 12.02% 10.69% 10.36% 10.75%
Benchmark -6.04% -4.36% 4.36% -4.36% 14.85% 22.21% 14.28% 14.44% 18.91% 15.28% 15.02% 14.45% 15.05% 13.91%
Category Average -6.07% 0.55% 0.55% -4.74% 8.12% 16.90% 9.63% 9.68% 15.48% 11.36% 10.89% 10.70% 11.23% 9.90%
Category Rank 2 / 1,318 3 / 1,306 28 / 1,304 3 / 1,306 6 / 1,274 979 / 1,204 590 / 1,134 281 / 1,082 843 / 1,021 652 / 956 386 / 863 490 / 794 521 / 702 300 / 648
Quartile Ranking 1 1 1 1 1 4 3 2 4 3 2 3 3 2

Monthly Return

Created with Highcharts 10.3.3Apr 24May 24Jun 24Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25-10%-5%0%5%10%
Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -1.02% 0.48% 0.12% 5.96% 2.60% 2.33% 0.81% 3.72% -3.62% 3.75% 3.45% 0.99%
Benchmark -2.70% 4.13% 3.97% 2.12% 0.07% 2.23% 2.12% 6.59% 0.26% 3.46% -1.62% -6.04%

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/ 641 293/ 689 755/ 766 100/ 851 756/ 923 916/ 998 774/ 1,063 5/ 1,114 1,168/ 1,177 990/ 1,263

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 95.31
International Equity 4.07
Cash and Equivalents 0.63
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Utilities 20.04
Healthcare 17.33
Consumer Goods 15.24
Financial Services 12.16
Technology 8.49
Other 26.74

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.94
Europe 3.19
Latin America 0.87

Top Holdings

Top Holdings
Name Percent
International Business Machines Corp 2.41
NortonLifeLock Inc 1.89
Johnson & Johnson 1.73
Northrop Grumman Corp 1.69
Roper Technologies Inc 1.69
General Mills Inc 1.67
CME Group Inc Cl A 1.67
CBOE Global Markets Inc 1.64
Akamai Technologies Inc 1.62
Abbvie Inc 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 Return810121416182022242628-15%-10%-5%0%5%10%15%20%

BMO Low Volatility US Equity ETF

Median

Other - U.S. Equity

3 Yr Annualized

Standard Deviation 9.05% 10.12% 10.88%
Beta 0.32% 0.44% 0.56%
Alpha 0.06% 0.05% 0.03%
Rsquared 0.26% 0.36% 0.45%
Sharpe 0.76% 1.07% 0.84%
Sortino 1.44% 1.93% 1.19%
Treynor 0.21% 0.24% 0.16%
Tax Efficiency 92.13% 93.55% 92.56%
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 8.84% 9.05% 10.12% 10.88%
Beta 0.20% 0.32% 0.44% 0.56%
Alpha 0.17% 0.06% 0.05% 0.03%
Rsquared 0.07% 0.26% 0.36% 0.45%
Sharpe 1.77% 0.76% 1.07% 0.84%
Sortino 4.06% 1.44% 1.93% 1.19%
Treynor 0.78% 0.21% 0.24% 0.16%
Tax Efficiency 95.89% 92.13% 93.55% 92.56%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A80.5​80.554.1​54.10%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: A67.6​67.659.1​59.10%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: A76.3​76.349.0​49.00%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: A87.7​87.755.7​55.70%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.

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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) $2,195
52 Week High $60.06
52 Week Low $48.49
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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