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 25 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%	5.72B	Jan 2018	ZLB.TO vs QCN.TO
HXCN.TO	Global X S&P/TSX Capped Composite Index Corporate ...	0.05%	2.55B	Feb 2020	ZLB.TO vs HXCN.TO
DMEC.TO	Desjardins Canadian Equity Index ETF	0.05%	—	Apr 2024	ZLB.TO vs DMEC.TO
TTP.TO	TD Canadian Equity Index ETF	0.05%	6.31B	Mar 2016	ZLB.TO vs TTP.TO
VCE.TO	Vanguard FTSE Canada Index ETF	0.06%	3.54B	Nov 2011	ZLB.TO vs VCE.TO

Best Risk-Adjusted Alternatives to ZLB.TO

ZLB.TO has a PortfoliosLab risk / return rank of 57. There are 57 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	245.61M	Apr 2016	ZLB.TO vs HXH.TO
XCV.TO	iShares Canadian Value Index ETF	98	250.15M	Nov 2006	ZLB.TO vs XCV.TO
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	98	107.00M	Jun 2020	ZLB.TO vs HCA.TO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	98	—	Mar 2025	ZLB.TO vs CLSA.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	98	4.25B	Apr 2011	ZLB.TO vs XEI.TO

Top Performing ZLB.TO Alternatives (YTD)

ZLB.TO is at 8.92% YTD. There are 59 ETFs in the Canada Equities category with higher YTD returns, going as high as 54.94%.

Symbol	Name	YTD Return	AUM	Inception
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	54.94%	86.75M	Jun 2007	ZLB.TO vs CFOU.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	44.98%	1.09B	Oct 2020	ZLB.TO vs HCAL.TO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	42.80%	—	Mar 2025	ZLB.TO vs CLSA.TO
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	38.06%	107.00M	Jun 2020	ZLB.TO vs HCA.TO
HEWB.TO	Global X Equal Weight Canadian Banks Index Corpora...	35.76%	337.38M	Jan 2019	ZLB.TO vs HEWB.TO

Lowest Volatility Alternatives to ZLB.TO

ZLB.TO has 9.29% 1-year volatility. There are 11 ETFs in the Canada Equities category with lower 1-year volatility, going as low as 6.39%.

Symbol	Name	Volatility 1Y	AUM	Inception
FCMI.TO	Fidelity Canadian Monthly High Income ETF	6.39%	—	Jan 2020	ZLB.TO vs FCMI.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	7.56%	103.58M	Apr 2012	ZLB.TO vs TLV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	8.03%	4.25B	Apr 2011	ZLB.TO vs XEI.TO
TCLV.TO	TD Q Canadian Low Volatility ETF	8.27%	121.83M	May 2020	ZLB.TO vs TCLV.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	8.47%	245.61M	Apr 2016	ZLB.TO vs HXH.TO

Lowest Drawdown Alternatives to ZLB.TO

ZLB.TO has a 1-year max drawdown of -5.67%. There are 10 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%	245.61M	Apr 2016	ZLB.TO vs HXH.TO
FCMI.TO	Fidelity Canadian Monthly High Income ETF	-3.62%	—	Jan 2020	ZLB.TO vs FCMI.TO
XCV.TO	iShares Canadian Value Index ETF	-3.84%	250.15M	Nov 2006	ZLB.TO vs XCV.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	-4.07%	103.58M	Apr 2012	ZLB.TO vs TLV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	-4.22%	4.25B	Apr 2011	ZLB.TO vs XEI.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 9 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	1.25%	5.77B	Nov 2021	ZLB.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	76	13.16%	24.35B	Nov 2012	ZLB.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	81	13.85%	895.11M	Jan 2022	ZLB.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	36.26%	7.20B	Oct 2009	ZLB.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	89	12.76%	17.34B	May 2009	ZLB.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	34	13.58%	3.09B	Jan 2010	ZLB.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	59	17.81%	2.35B	Feb 2019	ZLB.TO vs ZNQ.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	33	1.32%	13.13B	Jan 2010	ZLB.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	98	22.73%	1.86B	Oct 2011	ZLB.TO vs ZDV.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	55	13.56%	1.32B	Nov 2014	ZLB.TO vs ZUQ.TO

Often Compared With ZLB.TO

Investors most often compare ZLB.TO with VDY.TO, XIU.TO, XDIV.TO. These 20 comparison targets span 16 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	99	29.60%	8.59B	Nov 2012	ZLB.TO vs VDY.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	92	14.00%	23.77B	Sep 1999	ZLB.TO vs XIU.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	27.42%	5.78B	Jun 2017	ZLB.TO vs XDIV.TO
XMW.TO	iShares MSCI Min Vol Global Index ETF	Global Equities	36	5.56%	170.83M	Jul 2012	ZLB.TO vs XMW.TO
XBAL.TO	iShares Core Balanced ETF Portfolio	Diversified Portfolio	68	8.45%	3.36B	Jun 2007	ZLB.TO vs XBAL.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	Utilities Equities	82	18.61%	647.15M	Apr 2011	ZLB.TO vs XUT.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	96	15.23%	2.41B	Feb 2017	ZLB.TO vs ZWC.TO
XUU-U.TO	iShares Core S&P U.S. Total Market Index ETF	Large Cap Blend Equities	66	10.66%	—	Oct 2019	ZLB.TO vs XUU-U.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	Energy Equities, Canada Equities	80	35.29%	2.38B	Mar 2001	ZLB.TO vs XEG.TO
ZFL.TO	BMO Long Federal Bond	Canadian Government Bonds	13	0.43%	1.30B	May 2010	ZLB.TO vs ZFL.TO
ZBAL.TO	BMO Balanced ETF	Global Allocation	69	8.25%	639.52M	Jan 2022	ZLB.TO vs ZBAL.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	88	12.51%	16.37B	Aug 2013	ZLB.TO vs VCN.TO
ZUT.TO	BMO Equal Weight Utilities Index ETF	Utilities Equities, Equal Weight	76	21.62%	850.11M	Jan 2010	ZLB.TO vs ZUT.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	89	12.83%	31.16B	Feb 2001	ZLB.TO vs XIC.TO
XMI.TO	iShares MSCI Min Vol EAFE Index ETF	Global Equities	52	8.63%	176.00M	Jul 2012	ZLB.TO vs XMI.TO
VFH	Vanguard Financials ETF	Financials Equities	23	5.27%	13.50B	Jan 2004	ZLB.TO vs VFH
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	Inflation-Protected Bonds	31	4.17%	—	Jul 2021	ZLB.TO vs XSTP.TO
QQQ	Invesco QQQ ETF	Nasdaq-100	53	15.19%	481.14B	Mar 1999	ZLB.TO vs QQQ
XEM.TO	iShares MSCI Emerging Markets Index ETF	Emerging Markets Equities	63	20.43%	474.45M	Jun 2009	ZLB.TO vs XEM.TO
ZVC.TO	BMO MSCI Canada Value Index ETF	Large Cap Value Equities	97	18.04%	51.42M	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.

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