BMO Low Volatility Canadian Equity ETF Review (ZLB) 2024
Wealth Awesome Rating: 75/100
This equity ETF has an MER of 0.40%. With lower than average fees, it’s a cost-effective option. Managing 555 million in assets, it’s widely trusted by 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.
ZLB 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 Low Volatility Canadian Equity (ZLB) 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 Low Volatility Canadian Equity 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.ZLB stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $555MM
Expense Ratio: 0.40%
Price: $43.79 (Updated: 3/7/2024)
BMO Low Volatility Canadian Equity (ZLB) Top 10 Holdings
| Company Name | Symbol | Assets % |
|---|---|---|
| Loblaw Companies Limited | L | 3.92958 |
| Metro Inc. | MRU | 3.86933 |
| Hydro One Ltd | H | 3.64168 |
| Empire Company Limited | EMP-A | 3.26904 |
| Waste Connections Inc | WCN | 3.20256 |
| Thomson Reuters Corp | TRI | 3.12312 |
| Fortis Inc | FTS | 2.94534 |
| Intact Financial Corporation | IFC | 2.72712 |
| Barrick Gold Corp | ABX | 2.71935 |
| TMX Group Limited | X | 2.71181 |
BMO Low Volatility Canadian Equity (ZLB) Breakdown by Market Cap
| Category | Value |
|---|---|
| Mega | 13.22077 |
| Big | 45.11341 |
| Medium | 39.50473 |
| Small | 0 |
| Micro | 0 |
BMO Low Volatility Canadian Equity (ZLB) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 6.85323 | 8.00181 |
| Consumer Cyclicals | 8.95836 | 7.78668 |
| Financial Services | 20.63694 | 28.98098 |
| Real Estate | 7.75328 | 2.51417 |
| Communication Services | 8.89294 | 4.054 |
| Energy | 0 | 13.65408 |
| Industrials | 10.91233 | 15.14966 |
| Technology | 5.27445 | 10.1917 |
| Consumer Defensive | 17.77635 | 5.55173 |
| Healthcare | 0 | 0.49371 |
| Utilities | 12.94211 | 3.62149 |
BMO Low Volatility Canadian Equity (ZLB) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 100 | 99.502 |
| United Kingdom | 0 | 0.26423 |
| Europe Developed | 0 | 0.078 |
| Europe Emerging | 0 | 0.028 |
| Africa/Middle East | 0 | 0.003 |
| Japan | 0 | 0.012 |
| Australasia | 0 | 0.022 |
| Asia Developed | 0 | 0.032 |
| Asia Emerging | 0 | 0.044 |
| Latin America | 0 | 0.015 |
ZLB Management Expense Ratio
ZLB 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 Low Volatility Canadian Equity TSX ETF
You can buy ZLB 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:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
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