ZLE.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to ZLE.TO

ZLE.TO charges 0.45% annually. There are 6 ETFs in the Emerging Markets Equities category with lower expense ratios, going as low as 0.25%.

Symbol	Name	Expense Ratio	AUM	Inception
VEE.TO	Vanguard FTSE Emerging Markets All Cap Index ETF	0.25%	4.23B	Nov 2011	ZLE.TO vs VEE.TO
HXEM.TO	Global X Emerging Markets Equity Index Corporate C...	0.25%	211.55M	Aug 2020	ZLE.TO vs HXEM.TO
ZEM.TO	BMO MSCI Emerging Markets Index ETF	0.27%	3.42B	Oct 2009	ZLE.TO vs ZEM.TO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	0.28%	4.57B	Apr 2013	ZLE.TO vs XEC.TO
XSEM.TO	iShares ESG Aware MSCI Emerging Markets Index ETF	0.32%	6.12B	Mar 2019	ZLE.TO vs XSEM.TO

Best Risk-Adjusted Alternatives to ZLE.TO

ZLE.TO has a PortfoliosLab risk / return rank of 92. No ETFs in the Emerging Markets Equities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 83.

Symbol	Name	Risk / Return Rank	AUM	Inception
XEM.TO	iShares MSCI Emerging Markets Index ETF	83	457.15M	Jun 2009	ZLE.TO vs XEM.TO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	83	4.57B	Apr 2013	ZLE.TO vs XEC.TO
ZEM.TO	BMO MSCI Emerging Markets Index ETF	82	3.42B	Oct 2009	ZLE.TO vs ZEM.TO
HXEM.TO	Global X Emerging Markets Equity Index Corporate C...	81	211.55M	Aug 2020	ZLE.TO vs HXEM.TO
XSEM.TO	iShares ESG Aware MSCI Emerging Markets Index ETF	75	6.12B	Mar 2019	ZLE.TO vs XSEM.TO

Top Performing ZLE.TO Alternatives (YTD)

ZLE.TO is at 34.50% YTD. No ETFs in the Emerging Markets Equities category have higher YTD returns; the top-performing alternatives shown here go as high as 29.70%.

Symbol	Name	YTD Return	AUM	Inception
XEM.TO	iShares MSCI Emerging Markets Index ETF	29.70%	457.15M	Jun 2009	ZLE.TO vs XEM.TO
HXEM.TO	Global X Emerging Markets Equity Index Corporate C...	29.69%	211.55M	Aug 2020	ZLE.TO vs HXEM.TO
ZEM.TO	BMO MSCI Emerging Markets Index ETF	29.60%	3.42B	Oct 2009	ZLE.TO vs ZEM.TO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	28.16%	4.57B	Apr 2013	ZLE.TO vs XEC.TO
XSEM.TO	iShares ESG Aware MSCI Emerging Markets Index ETF	26.64%	6.12B	Mar 2019	ZLE.TO vs XSEM.TO

Lowest Volatility Alternatives to ZLE.TO

ZLE.TO has 16.54% 1-year volatility. There are 3 ETFs in the Emerging Markets Equities category with lower 1-year volatility, going as low as 14.37%.

Symbol	Name	Volatility 1Y	AUM	Inception
XMM.TO	iShares MSCI Min Vol Emerging Markets Index ETF	14.37%	119.95M	Jul 2012	ZLE.TO vs XMM.TO
VEE.TO	Vanguard FTSE Emerging Markets All Cap Index ETF	16.26%	4.23B	Nov 2011	ZLE.TO vs VEE.TO
CWO.NEO	iShares Emerging Markets Fundamental Index ETF	16.35%	—	Apr 2009	ZLE.TO vs CWO.NEO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	20.99%	4.57B	Apr 2013	ZLE.TO vs XEC.TO
XEM.TO	iShares MSCI Emerging Markets Index ETF	21.95%	457.15M	Jun 2009	ZLE.TO vs XEM.TO

Lowest Drawdown Alternatives to ZLE.TO

ZLE.TO has a 1-year max drawdown of -8.15%. No ETFs in the Emerging Markets Equities category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -8.76%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XMM.TO	iShares MSCI Min Vol Emerging Markets Index ETF	-8.76%	119.95M	Jul 2012	ZLE.TO vs XMM.TO
VEE.TO	Vanguard FTSE Emerging Markets All Cap Index ETF	-10.74%	4.23B	Nov 2011	ZLE.TO vs VEE.TO
CWO.NEO	iShares Emerging Markets Fundamental Index ETF	-10.90%	—	Apr 2009	ZLE.TO vs CWO.NEO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	-11.25%	4.57B	Apr 2013	ZLE.TO vs XEC.TO
ZEM.TO	BMO MSCI Emerging Markets Index ETF	-11.64%	3.42B	Oct 2009	ZLE.TO vs ZEM.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	99	1.17%	5.76B	Nov 2021	ZLE.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	79	13.62%	23.98B	Nov 2012	ZLE.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	83	14.64%	852.71M	Jan 2022	ZLE.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	32.05%	6.36B	Oct 2009	ZLE.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	86	11.09%	17.03B	May 2009	ZLE.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	43	18.49%	3.09B	Jan 2010	ZLE.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	76	23.99%	2.30B	Feb 2019	ZLE.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	48	7.13%	6.32B	Oct 2011	ZLE.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	22	2.13%	13.01B	Jan 2010	ZLE.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	19.50%	1.83B	Oct 2011	ZLE.TO vs ZDV.TO

Compare ZLE.TO with Any Fund or Stock

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

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Diversifiers

Pair ZLE.TO with funds that move differently

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

Explore ZLE.TO Diversifiers

BMO Low Volatility Emerging Markets Equity ETF (ZLE.TO) Alternatives