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BMO Low Volatility Canadian Equity ETF

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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

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024, 2023, 2022, 2021, 2020

Click for more information on Fundata’s FundGrade

NAVPS
(05-02-2025) 		$50.85
Change
$0.07 (0.15%)

As at March 31, 2025

As at March 31, 2025

As at March 31, 2025

Period
Created with Highcharts 10.3.3Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Apr 2022Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2013Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025J…$0$10,000$20,000$30,000$40,000$50,000$8,000$9,000$11,000$12,000$13,000$14,000Period

Legend

BMO Low Volatility Canadian Equity ETF

Compare Options

Fund Returns

Inception Return (October 20, 2011): 12.12%

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 1.14% 5.69% 3.80% 5.69% 17.23% 11.70% 8.77% 11.05% 14.63% 10.37% 10.56% 9.62% 9.66% 9.03%
Benchmark -1.51% 1.51% 5.33% 1.51% 15.81% 14.88% 7.77% 10.75% 16.76% 10.91% 10.51% 9.37% 10.36% 8.54%
Category Average -1.79% 0.66% 3.20% 0.66% 11.77% 11.90% 6.25% 9.22% 14.67% 9.19% 8.59% 7.58% 8.33% 6.89%
Category Rank 20 / 748 9 / 744 386 / 744 9 / 744 61 / 722 477 / 699 70 / 669 120 / 596 349 / 555 198 / 538 97 / 484 72 / 456 149 / 421 53 / 387
Quartile Ranking 1 1 3 1 1 3 1 1 3 2 1 1 2 1

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%8%
Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -1.77% 2.28% 0.34% 6.48% 1.99% 3.15% -1.30% 2.25% -2.68% 1.53% 2.93% 1.14%
Benchmark -1.82% 2.77% -1.42% 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51%

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/ 693 632/ 719

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 92.58
Income Trust Units 6.64
Cash and Equivalents 0.78

Sector Allocation

Sector Allocation
Name Percent
Consumer Services 23.91
Financial Services 22.85
Utilities 13.52
Telecommunications 8.77
Basic Materials 7.78
Other 23.17

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.91
Latin America 1.08
Other 0.01

Top Holdings

Top Holdings
Name Percent
Metro Inc 4.16
Empire Co Ltd Cl A 4.12
Loblaw Cos Ltd 3.88
TMX Group Ltd 3.54
Waste Connections Inc 3.46
Thomson Reuters Corp 3.37
Hydro One Ltd 3.21
Fortis Inc 3.11
Intact Financial Corp 2.96
Quebecor Inc Cl B 2.84

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 Return67891011121314151617181920-5%0%5%10%15%20%25%

BMO Low Volatility Canadian Equity ETF

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 9.77% 10.37% 10.36%
Beta 0.62% 0.65% 0.68%
Alpha 0.04% 0.04% 0.03%
Rsquared 0.77% 0.70% 0.72%
Sharpe 0.52% 1.14% 0.73%
Sortino 1.00% 2.17% 0.91%
Treynor 0.08% 0.18% 0.11%
Tax Efficiency 88.41% 92.13% 88.73%
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 8.62% 9.77% 10.37% 10.36%
Beta 0.60% 0.62% 0.65% 0.68%
Alpha 0.07% 0.04% 0.04% 0.03%
Rsquared 0.55% 0.77% 0.70% 0.72%
Sharpe 1.44% 0.52% 1.14% 0.73%
Sortino 3.44% 1.00% 2.17% 0.91%
Treynor 0.21% 0.08% 0.18% 0.11%
Tax Efficiency 94.04% 88.41% 92.13% 88.73%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A26.5​26.554.4​54.40%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: A31.7​31.756.5​56.50%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: A27.1​27.150.4​50.40%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: A13.5​13.549.9​49.90%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 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) $4,257

Fund Codes

FundServ Code Load Code Sales Status
N/A

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

-

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.40%
Management Fee 0.35%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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