ZLB.TO Alternatives & Similar ETFs

BMO Low Volatility Canadian Equity ETF (ZLB.TO) belongs to the Canada Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZLB.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZLB.TO

ZLB.TO charges 0.39% annually. There are 24 ETFs in the Canada Equities category with lower expense ratios, going as low as 0.04%.

Symbol	Name	Expense Ratio	AUM	Inception
QCN.TO	Mackenzie Canadian Equity Index ETF	0.04%	5.53B	Jan 2018	ZLB.TO vs QCN.TO
HXCN.TO	Global X S&P/TSX Capped Composite Index Corporate ...	0.05%	2.31B	Feb 2020	ZLB.TO vs HXCN.TO
TTP.TO	TD Canadian Equity Index ETF	0.05%	6.22B	Mar 2016	ZLB.TO vs TTP.TO
DMEC.TO	Desjardins Canadian Equity Index ETF	0.05%	—	Apr 2024	ZLB.TO vs DMEC.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	0.06%	16.91B	May 2009	ZLB.TO vs ZCN.TO

Best Risk-Adjusted Alternatives to ZLB.TO

ZLB.TO has a PortfoliosLab risk / return rank of 45. There are 47 ETFs in the Canada Equities category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	98	241.91M	Apr 2016	ZLB.TO vs HXH.TO
XCV.TO	iShares Canadian Value Index ETF	98	238.82M	Nov 2006	ZLB.TO vs XCV.TO
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	98	105.70M	Jun 2020	ZLB.TO vs HCA.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	98	1.06B	Oct 2020	ZLB.TO vs HCAL.TO
HEWB.TO	Global X Equal Weight Canadian Banks Index Corpora...	97	326.90M	Jan 2019	ZLB.TO vs HEWB.TO

Top Performing ZLB.TO Alternatives (YTD)

ZLB.TO is at 6.82% YTD. There are 49 ETFs in the Canada Equities category with higher YTD returns, going as high as 43.47%.

Symbol	Name	YTD Return	AUM	Inception
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	43.47%	86.85M	Jun 2007	ZLB.TO vs CFOU.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	38.28%	1.06B	Oct 2020	ZLB.TO vs HCAL.TO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	33.52%	—	Mar 2025	ZLB.TO vs CLSA.TO
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	32.53%	105.70M	Jun 2020	ZLB.TO vs HCA.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	30.47%	2.38B	Mar 2001	ZLB.TO vs XEG.TO

Lowest Volatility Alternatives to ZLB.TO

ZLB.TO has 9.29% 1-year volatility. There are 9 ETFs in the Canada Equities category with lower 1-year volatility, going as low as 7.42%.

Symbol	Name	Volatility 1Y	AUM	Inception
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	7.42%	99.35M	Apr 2012	ZLB.TO vs TLV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	7.88%	4.13B	Apr 2011	ZLB.TO vs XEI.TO
TCLV.TO	TD Q Canadian Low Volatility ETF	8.20%	120.67M	May 2020	ZLB.TO vs TCLV.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	8.32%	241.91M	Apr 2016	ZLB.TO vs HXH.TO
ZDV.TO	BMO Canadian Dividend ETF	8.60%	1.83B	Oct 2011	ZLB.TO vs ZDV.TO

Lowest Drawdown Alternatives to ZLB.TO

ZLB.TO has a 1-year max drawdown of -5.67%. There are 9 ETFs in the Canada Equities category with shallower 1-year drawdowns, going as shallow as -2.52%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	-2.52%	241.91M	Apr 2016	ZLB.TO vs HXH.TO
XCV.TO	iShares Canadian Value Index ETF	-3.84%	238.82M	Nov 2006	ZLB.TO vs XCV.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	-4.07%	99.35M	Apr 2012	ZLB.TO vs TLV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	-4.22%	4.13B	Apr 2011	ZLB.TO vs XEI.TO
PXC.TO	Invesco RAFI Canadian Index ETF	-4.64%	245.79M	Jan 2012	ZLB.TO vs PXC.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 10 categories. AUM among these funds goes as high as $24B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	99	1.09%	5.68B	Nov 2021	ZLB.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	11.86%	24.23B	Nov 2012	ZLB.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	79	13.48%	846.16M	Jan 2022	ZLB.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	97	30.69%	6.15B	Oct 2009	ZLB.TO vs ZEB.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	41	14.60%	3.24B	Jan 2010	ZLB.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	67	20.44%	2.39B	Feb 2019	ZLB.TO vs ZNQ.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.97B	Jan 2010	ZLB.TO vs ZAG.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	47	10.78%	1.30B	Nov 2014	ZLB.TO vs ZUQ.TO
ZEA.TO	BMO MSCI EAFE Index ETF	Foreign Large Cap Equities	54	12.33%	13.21B	Feb 2014	ZLB.TO vs ZEA.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	93	12.66%	2.35B	Feb 2017	ZLB.TO vs ZWC.TO

Often Compared With ZLB.TO

Investors most often compare ZLB.TO with VDY.TO, XIU.TO, XDIV.TO. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	24.99%	7.99B	Nov 2012	ZLB.TO vs VDY.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	86	11.72%	22.98B	Sep 1999	ZLB.TO vs XIU.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	21.65%	5.54B	Jun 2017	ZLB.TO vs XDIV.TO
XMW.TO	iShares MSCI Min Vol Global Index ETF	Global Equities	26	4.28%	170.80M	Jul 2012	ZLB.TO vs XMW.TO
XBAL.TO	iShares Core Balanced ETF Portfolio	Diversified Portfolio	61	8.24%	3.32B	Jun 2007	ZLB.TO vs XBAL.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	Utilities Equities	74	17.16%	495.96M	Apr 2011	ZLB.TO vs XUT.TO
XUU-U.TO	iShares Core S&P U.S. Total Market Index ETF	Large Cap Blend Equities	62	8.79%	—	Oct 2019	ZLB.TO vs XUU-U.TO
ZFL.TO	BMO Long Federal Bond	Canadian Government Bonds	8	2.14%	1.30B	May 2010	ZLB.TO vs ZFL.TO
ZBAL.TO	BMO Balanced ETF	Global Allocation	64	8.40%	621.59M	Jan 2022	ZLB.TO vs ZBAL.TO
ZUT.TO	BMO Equal Weight Utilities Index ETF	Utilities Equities, Equal Weight	74	21.48%	844.73M	Jan 2010	ZLB.TO vs ZUT.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	81	10.99%	15.96B	Aug 2013	ZLB.TO vs VCN.TO
XMI.TO	iShares MSCI Min Vol EAFE Index ETF	Global Equities	34	5.91%	176.90M	Jul 2012	ZLB.TO vs XMI.TO
VFH	Vanguard Financials ETF	Financials Equities	17	-0.29%	13.50B	Jan 2004	ZLB.TO vs VFH
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	81	11.29%	30.44B	Feb 2001	ZLB.TO vs XIC.TO
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	Inflation-Protected Bonds	32	4.92%	—	Jul 2021	ZLB.TO vs XSTP.TO
QQQ	Invesco QQQ ETF	Nasdaq-100	59	16.45%	493.17B	Mar 1999	ZLB.TO vs QQQ
XEM.TO	iShares MSCI Emerging Markets Index ETF	Emerging Markets Equities	78	27.45%	474.06M	Jun 2009	ZLB.TO vs XEM.TO
ZVC.TO	BMO MSCI Canada Value Index ETF	Large Cap Value Equities	95	15.30%	50.68M	Oct 2017	ZLB.TO vs ZVC.TO
FLVI.NEO	Franklin International Low Volatility High Dividen...	International Equity	74	10.75%	—	Mar 2024	ZLB.TO vs FLVI.NEO
XMV.TO	iShares MSCI Min Vol Canada Index ETF	Canada Equities	63	10.39%	421.80M	Jul 2012	ZLB.TO vs XMV.TO

Compare ZLB.TO with Any Fund or Stock

Compare ZLB.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair ZLB.TO with funds that move differently

BMO Low Volatility Canadian Equity ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZLB.TO.

Explore ZLB.TO Diversifiers

BMO Low Volatility Canadian Equity ETF (ZLB.TO) Alternatives