BMO Equal Weight U.S. Health Care Hedged Index ETF Review (ZUH) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 74/100
This equity ETF has an MER of 0.40%. With lower than average fees, it’s a cost-effective option. Managing 311 million in assets, it’s less popular among investors. Suitable for those seeking growth with a medium to high risk tolerance.
 
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.

ZUH trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The BMO Equal Weight U.S. Health Care Hedged Index (ZUH) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.  

What is the BMO Equal Weight U.S. Health Care Hedged Index ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.40%. This ETF trades on the TSX exchange.

ZUH stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $311MM

Expense Ratio: 0.40%

Price: $71.83 (Updated: 3/7/2024)



BMO Equal Weight U.S. Health Care Hedged Index (ZUH) Top 10 Holdings

Company NameSymbolAssets %
Insulet CorporationPODD1.84085
Waters CorporationWAT1.82288
Agilent Technologies IncA1.77927
Neurocrine Biosciences IncNBIX1.75901
Teleflex IncorporatedTFX1.7587
Bruker CorporationBRKR1.74766
IDEXX Laboratories IncIDXX1.73879
GE HealthCare Technologies Inc.GEHC1.73796
DexCom IncDXCM1.73493
Walgreens Boots Alliance IncWBA1.73211

BMO Equal Weight U.S. Health Care Hedged Index (ZUH) Breakdown by Market Cap

CategoryValue
Mega7.82138
Big26.34389
Medium66.28232
Small0
Micro0

BMO Equal Weight U.S. Health Care Hedged Index (ZUH) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials00.89249
Consumer Cyclicals04.18515
Financial Services01.58311
Real Estate00.26776
Communication Services07.16226
Energy02.69173
Industrials0.151622.75541
Technology038.01317
Consumer Defensive01.65729
Healthcare99.8483832.26806
Utilities08.52359

BMO Equal Weight U.S. Health Care Hedged Index (ZUH) Geographic Breakdown

RegionEquity %Relative to Category
North America10085.928
United Kingdom02.12392
Europe Developed07.473
Europe Emerging00
Africa/Middle East00.22
Japan01.806
Australasia00.176
Asia Developed01.373
Asia Emerging00.569
Latin America00.332

ZUH Management Expense Ratio

ZUH has a management expense ratio of  0.40% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  


How to Buy  BMO Equal Weight U.S. Health Care Hedged Index TSX ETF

You can buy  ZUH on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:  
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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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