BMO Low Volatility US Equity ETF Review (ZLU) 2024
Wealth Awesome Rating: 76/100
This equity ETF has an MER of 0.34%. With lower than average fees, it’s a cost-effective option. Managing 282 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.
ZLU 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 US Equity (ZLU) 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 US Equity ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.34%. This ETF trades on the TSX exchange.ZLU stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $282MM
Expense Ratio: 0.34%
Price: $48.29 (Updated: 3/7/2024)
BMO Low Volatility US Equity (ZLU) Top 10 Holdings
| Company Name | Symbol | Assets % |
|---|---|---|
| JM Smucker Company | SJM | 1.82141 |
| Campbell Soup Company | CPB | 1.75863 |
| Cboe Global Markets Inc | CBOE | 1.65878 |
| Merck & Company Inc | MRK | 1.56566 |
| Gen Digital Inc. | GEN | 1.5568 |
| Johnson & Johnson | JNJ | 1.54865 |
| International Business Machines | IBM | 1.49134 |
| General Mills Inc | GIS | 1.4844 |
| Kellanova | K | 1.46729 |
| Newmont Goldcorp Corp | NEM | 1.40161 |
BMO Low Volatility US Equity (ZLU) Breakdown by Market Cap
| Category | Value |
|---|---|
| Mega | 9.89515 |
| Big | 31.90646 |
| Medium | 57.2691 |
| Small | 0.70586 |
| Micro | 0 |
BMO Low Volatility US Equity (ZLU) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 1.16226 | 2.30891 |
| Consumer Cyclicals | 5.59456 | 11.05899 |
| Financial Services | 10.76754 | 13.19634 |
| Real Estate | 4.92525 | 1.85655 |
| Communication Services | 2.63789 | 8.564 |
| Energy | 0.96059 | 3.51122 |
| Industrials | 7.25628 | 9.29279 |
| Technology | 10.3644 | 29.30908 |
| Consumer Defensive | 22.66464 | 5.70742 |
| Healthcare | 16.22615 | 13.25845 |
| Utilities | 17.44044 | 1.93624 |
BMO Low Volatility US Equity (ZLU) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 98.117 | 98.591 |
| United Kingdom | 0.8576 | 0.32161 |
| Europe Developed | 1.026 | 0.753 |
| Europe Emerging | 0 | 0 |
| Africa/Middle East | 0 | 0.03 |
| Japan | 0 | 0.071 |
| Australasia | 0 | 0 |
| Asia Developed | 0 | 0.046 |
| Asia Emerging | 0 | 0.084 |
| Latin America | 0 | 0.103 |
ZLU Management Expense Ratio
ZLU has a management expense ratio of 0.34% . 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 US Equity TSX ETF
You can buy ZLU 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 |
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