ZLH.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to ZLH.TO

ZLH.TO charges 0.30% annually. No ETFs in the Low Volatility category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.33%.

Symbol	Name	Expense Ratio	AUM	Inception
XMV.TO	iShares MSCI Min Vol Canada Index ETF	0.33%	392.70M	Jul 2012	ZLH.TO vs XMV.TO
XMU.TO	iShares MSCI Min Vol USA Index ETF	0.33%	337.14M	Jul 2012	ZLH.TO vs XMU.TO
TCLV.TO	TD Q Canadian Low Volatility ETF	0.33%	125.24M	May 2020	ZLH.TO vs TCLV.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	0.33%	103.58M	Apr 2012	ZLH.TO vs TLV.TO
XMS.TO	iShares MSCI Min Vol USA Index ETF (CAD-Hedged)	0.33%	64.28M	Apr 2016	ZLH.TO vs XMS.TO

Best Risk-Adjusted Alternatives to ZLH.TO

ZLH.TO has a PortfoliosLab risk / return rank of 31. There are 17 ETFs in the Low Volatility category with higher risk-adjusted ranks, going as high as 97.

Symbol	Name	Risk / Return Rank	AUM	Inception
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	97	103.58M	Apr 2012	ZLH.TO vs TLV.TO
FLVI.NEO	Franklin International Low Volatility High Dividen...	89	—	Mar 2024	ZLH.TO vs FLVI.NEO
TCLV.TO	TD Q Canadian Low Volatility ETF	87	125.24M	May 2020	ZLH.TO vs TCLV.TO
BLOV.TO	Brompton North American Low Volatility Dividend ET...	87	11.26M	Apr 2020	ZLH.TO vs BLOV.TO
HVOI.TO	Harvest Low Volatility Canadian Equity Income ETF ...	86	—	Apr 2025	ZLH.TO vs HVOI.TO

Top Performing ZLH.TO Alternatives (YTD)

ZLH.TO is at 10.18% YTD. There are 10 ETFs in the Low Volatility category with higher YTD returns, going as high as 24.38%.

Symbol	Name	YTD Return	AUM	Inception
ZLE.TO	BMO Low Volatility Emerging Markets Equity ETF	24.38%	95.13M	May 2016	ZLH.TO vs ZLE.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	18.60%	103.58M	Apr 2012	ZLH.TO vs TLV.TO
XMM.TO	iShares MSCI Min Vol Emerging Markets Index ETF	16.03%	118.45M	Jul 2012	ZLH.TO vs XMM.TO
ZLU.TO	BMO Low Volatility US Equity ETF (CAD)	14.56%	2.49B	Mar 2013	ZLH.TO vs ZLU.TO
FLVI.NEO	Franklin International Low Volatility High Dividen...	13.39%	—	Mar 2024	ZLH.TO vs FLVI.NEO

Lowest Volatility Alternatives to ZLH.TO

ZLH.TO has 10.84% 1-year volatility. There are 16 ETFs in the Low Volatility category with lower 1-year volatility, going as low as 7.59%.

Symbol	Name	Volatility 1Y	AUM	Inception
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	7.59%	103.58M	Apr 2012	ZLH.TO vs TLV.TO
XMW.TO	iShares MSCI Min Vol Global Index ETF	7.73%	168.78M	Jul 2012	ZLH.TO vs XMW.TO
VVO.TO	Vanguard Global Minimum Volatility ETF	7.76%	42.10M	Jun 2016	ZLH.TO vs VVO.TO
TCLV.TO	TD Q Canadian Low Volatility ETF	8.36%	125.24M	May 2020	ZLH.TO vs TCLV.TO
ZLD.TO	BMO Low Volatility International Equity Hedged to ...	8.50%	33.36M	Feb 2016	ZLH.TO vs ZLD.TO

Lowest Drawdown Alternatives to ZLH.TO

ZLH.TO has a 1-year max drawdown of -7.35%. There are 14 ETFs in the Low Volatility category with shallower 1-year drawdowns, going as shallow as -4.07%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	-4.07%	103.58M	Apr 2012	ZLH.TO vs TLV.TO
TCLV.TO	TD Q Canadian Low Volatility ETF	-4.84%	125.24M	May 2020	ZLH.TO vs TCLV.TO
XMW.TO	iShares MSCI Min Vol Global Index ETF	-5.14%	168.78M	Jul 2012	ZLH.TO vs XMW.TO
BLOV.TO	Brompton North American Low Volatility Dividend ET...	-5.23%	11.26M	Apr 2020	ZLH.TO vs BLOV.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	-5.67%	6.32B	Oct 2011	ZLH.TO vs ZLB.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	1.29%	5.76B	Nov 2021	ZLH.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	74	11.72%	23.77B	Nov 2012	ZLH.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	82	13.11%	890.17M	Jan 2022	ZLH.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	32.66%	7.49B	Oct 2009	ZLH.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	91	12.78%	17.36B	May 2009	ZLH.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	31	10.04%	2.97B	Jan 2010	ZLH.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	57	14.59%	2.24B	Feb 2019	ZLH.TO vs ZNQ.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	35	0.95%	13.16B	Jan 2010	ZLH.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	98	23.65%	1.90B	Oct 2011	ZLH.TO vs ZDV.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Quality Factor, Large Cap Blend Equities	53	11.62%	1.29B	Nov 2014	ZLH.TO vs ZUQ.TO

Often Compared With ZLH.TO

Investors most often compare ZLH.TO with ESGY.TO, MULC.TO, FLUS.TO. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ESGY.TO	BMO MSCI USA Selection Equity Index ETF	Large Cap Blend Equities, ESG	65	9.51%	194.22M	Jan 2020	ZLH.TO vs ESGY.TO
MULC.TO	Manulife Multifactor U.S. Large Cap Index ETF Hedg...	Large Cap Blend Equities, Multi-factor	70	9.98%	11.82M	Apr 2017	ZLH.TO vs MULC.TO
FLUS.TO	Franklin U.S. Large Cap Multifactor Index ETF	Large Cap Blend Equities	59	13.84%	125.00M	May 2017	ZLH.TO vs FLUS.TO
TULV.TO	TD Q U.S. Low Volatility ETF	Low Volatility	39	7.75%	52.10M	May 2020	ZLH.TO vs TULV.TO
XTOT.TO	iShares Core S&P Total U.S. Stock Market Index ETF	Large Cap Blend Equities	66	12.24%	—	May 2025	ZLH.TO vs XTOT.TO
FCQH.TO	Fidelity U.S. High Quality Currency Neutral ETF	Quality Factor, Large Cap Blend Equities	28	3.83%	66.10M	Jan 2019	ZLH.TO vs FCQH.TO
TPU.TO	TD U.S. Equity Index ETF	Large Cap Blend Equities	73	11.81%	6.05B	Mar 2016	ZLH.TO vs TPU.TO
BGU.TO	Bristol Gate Concentrated US Equity ETF	Large Cap Blend Equities	34	7.79%	116.31M	Feb 2018	ZLH.TO vs BGU.TO
RUD.TO	RBC Quant U.S. Dividend Leaders ETF (CAD)	Large Cap Blend Equities, Dividend	73	12.38%	980.77M	Jan 2014	ZLH.TO vs RUD.TO
THU.TO	TD U.S. Equity CAD Hedged Index ETF	Large Cap Blend Equities	49	7.98%	150.39M	Mar 2016	ZLH.TO vs THU.TO
XUU-U.TO	iShares Core S&P U.S. Total Market Index ETF	Large Cap Blend Equities	62	9.14%	—	Oct 2019	ZLH.TO vs XUU-U.TO
SMVP.TO	HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD He...	Large Cap Blend Equities	42	10.71%	—	Jan 2025	ZLH.TO vs SMVP.TO
XUSC.TO	iShares S&P 500 3% Capped Index ETF (CAD Units)	Large Cap Blend Equities, S&P 500	76	12.49%	—	Jul 2024	ZLH.TO vs XUSC.TO
VUN.TO	Vanguard U.S. Total Market Index ETF	Large Cap Blend Equities	74	12.20%	18.99B	Aug 2013	ZLH.TO vs VUN.TO
VGG.TO	Vanguard U.S. Dividend Appreciation Index ETF	Dividend, Large Cap Blend Equities	80	11.93%	2.57B	Aug 2013	ZLH.TO vs VGG.TO
ZEQL.TO	BMO MSCI USA Equal Weight Index ETF (CAD Units)	Large Cap Blend Equities, Equal Weight	—	—	—	Feb 2026	ZLH.TO vs ZEQL.TO
COW.TO	iShares Global Agriculture Index ETF	Large Cap Blend Equities	19	18.83%	282.14M	Dec 2007	ZLH.TO vs COW.TO
DRFU.TO	Desjardins RI USA Multifactor - Net-Zero Emissions...	Large Cap Blend Equities, Sustainable, Multi-factor	87	12.65%	232.05M	Sep 2018	ZLH.TO vs DRFU.TO
QUU.TO	Mackenzie US Large Cap Equity Index ETF	Large Cap Blend Equities	72	11.83%	6.19B	Jan 2018	ZLH.TO vs QUU.TO
HULC.TO	Global X US Large Cap Index Corporate Class ETF	Large Cap Blend Equities	70	11.66%	761.29M	Feb 2020	ZLH.TO vs HULC.TO

Compare ZLH.TO with Any Fund or Stock

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

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Diversifiers

Pair ZLH.TO with funds that move differently

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

Explore ZLH.TO Diversifiers

BMO Low Volatility US Equity Hedged to CAD ETF (ZLH.TO) Alternatives