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%	5.19B	Jan 2018	ZLB.TO vs QCN.TO
DMEC.TO	Desjardins Canadian Equity Index ETF	0.05%	—	Apr 2024	ZLB.TO vs DMEC.TO
HXCN.TO	Global X S&P/TSX Capped Composite Index Corporate ...	0.05%	2.23B	Feb 2020	ZLB.TO vs HXCN.TO
TTP.TO	TD Canadian Equity Index ETF	0.05%	6.05B	Mar 2016	ZLB.TO vs TTP.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	0.06%	16.67B	May 2009	ZLB.TO vs ZCN.TO

Best Risk-Adjusted Alternatives to ZLB.TO

ZLB.TO has a PortfoliosLab risk / return rank of 54. There are 39 ETFs in the Canada Equities category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	98	4.02B	Apr 2011	ZLB.TO vs XEI.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	98	237.17M	Apr 2016	ZLB.TO vs HXH.TO
XCV.TO	iShares Canadian Value Index ETF	97	235.07M	Nov 2006	ZLB.TO vs XCV.TO
XDV.TO	iShares Canadian Select Dividend Index ETF	97	2.46B	Dec 2005	ZLB.TO vs XDV.TO
HAL.TO	Global X Active Canadian Dividend ETF	96	123.68M	Feb 2010	ZLB.TO vs HAL.TO

Top Performing ZLB.TO Alternatives (YTD)

ZLB.TO is at 3.14% YTD. There are 45 ETFs in the Canada Equities category with higher YTD returns, going as high as 23.53%.

Symbol	Name	YTD Return	AUM	Inception
XCS.TO	iShares S&P/TSX SmallCap Index ETF	23.53%	264.65M	May 2007	ZLB.TO vs XCS.TO
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	23.22%	77.00M	Jun 2007	ZLB.TO vs CFOU.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	22.21%	4.02B	Apr 2011	ZLB.TO vs XEI.TO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	20.72%	—	Mar 2025	ZLB.TO vs CLSA.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	20.31%	237.17M	Apr 2016	ZLB.TO vs HXH.TO

Lowest Volatility Alternatives to ZLB.TO

ZLB.TO has 8.29% 1-year volatility. There are 6 ETFs in the Canada Equities category with lower 1-year volatility, going as low as 7.21%.

Symbol	Name	Volatility 1Y	AUM	Inception
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	7.21%	4.02B	Apr 2011	ZLB.TO vs XEI.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	7.38%	99.35M	Apr 2012	ZLB.TO vs TLV.TO
XDV.TO	iShares Canadian Select Dividend Index ETF	7.83%	2.46B	Dec 2005	ZLB.TO vs XDV.TO
TCLV.TO	TD Q Canadian Low Volatility ETF	8.04%	118.08M	May 2020	ZLB.TO vs TCLV.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	8.23%	237.17M	Apr 2016	ZLB.TO vs HXH.TO

Lowest Drawdown Alternatives to ZLB.TO

ZLB.TO has a 1-year max drawdown of -5.36%. There are 8 ETFs in the Canada Equities category with shallower 1-year drawdowns, going as shallow as -2.24%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	-2.24%	4.02B	Apr 2011	ZLB.TO vs XEI.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	-2.52%	237.17M	Apr 2016	ZLB.TO vs HXH.TO
XCV.TO	iShares Canadian Value Index ETF	-3.86%	235.07M	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
CDZ.TO	iShares S&P/TSX Canadian Dividend Aristocrats Inde...	-4.11%	1.22B	Sep 2006	ZLB.TO vs CDZ.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 8 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	100	0.95%	5.70B	Nov 2021	ZLB.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	Nov 2012	ZLB.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	13.04%	789.04M	Jan 2022	ZLB.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	19.22%	5.16B	Oct 2009	ZLB.TO vs ZEB.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	67	19.82%	3.25B	Jan 2010	ZLB.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	74	22.76%	2.28B	Feb 2019	ZLB.TO vs ZNQ.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.80B	Jan 2010	ZLB.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	Oct 2011	ZLB.TO vs ZDV.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	41	9.39%	1.24B	Nov 2014	ZLB.TO vs ZUQ.TO
ZEA.TO	BMO MSCI EAFE Index ETF	Global Equities	44	10.01%	12.24B	Feb 2014	ZLB.TO vs ZEA.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	20.59%	7.99B	Nov 2012	ZLB.TO vs VDY.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	82	10.14%	22.52B	Sep 1999	ZLB.TO vs XIU.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	19.17%	5.25B	Jun 2017	ZLB.TO vs XDIV.TO
XMW.TO	iShares MSCI Min Vol Global Index ETF	Global Equities	22	3.60%	178.14M	Jul 2012	ZLB.TO vs XMW.TO
XBAL.TO	iShares Core Balanced ETF Portfolio	Diversified Portfolio	61	7.81%	3.20B	Jun 2007	ZLB.TO vs XBAL.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	Utilities Equities	84	14.90%	525.38M	Apr 2011	ZLB.TO vs XUT.TO
XUU-U.TO	iShares Core S&P U.S. Total Market Index ETF	Large Cap Blend Equities	72	11.16%	—	Oct 2019	ZLB.TO vs XUU-U.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	92	11.12%	2.30B	Feb 2017	ZLB.TO vs ZWC.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	Energy Equities	86	44.34%	2.28B	Mar 2001	ZLB.TO vs XEG.TO
ZFL.TO	BMO Long Federal Bond	Canadian Government Bonds	7	2.39%	1.31B	May 2010	ZLB.TO vs ZFL.TO
ZBAL.TO	BMO Balanced ETF	Global Allocation	72	8.07%	591.92M	Jan 2022	ZLB.TO vs ZBAL.TO
ZUT.TO	BMO Equal Weight Utilities Index ETF	Utilities Equities	65	20.31%	887.30M	Jan 2010	ZLB.TO vs ZUT.TO
XMI.TO	iShares MSCI Min Vol EAFE Index ETF	Global Equities	29	5.02%	174.15M	Jul 2012	ZLB.TO vs XMI.TO
VFH	Vanguard Financials ETF	Financials Equities	10	-6.40%	13.70B	Jan 2004	ZLB.TO vs VFH
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	77	10.48%	15.96B	Aug 2013	ZLB.TO vs VCN.TO
QQQ	Invesco QQQ ETF	Nasdaq-100	73	21.30%	493.99B	Mar 1999	ZLB.TO vs QQQ
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	Inflation-Protected Bonds	28	3.35%	—	Jul 2021	ZLB.TO vs XSTP.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.75%	29.66B	Feb 2001	ZLB.TO vs XIC.TO
XEM.TO	iShares MSCI Emerging Markets Index ETF	Emerging Markets Equities	85	29.23%	459.52M	Jun 2009	ZLB.TO vs XEM.TO
ZVC.TO	BMO MSCI Canada Value Index ETF	Large Cap Value Equities	96	16.23%	50.31M	Oct 2017	ZLB.TO vs ZVC.TO

Compare ZLB.TO with Any Fund or Stock

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

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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.

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