BMO Low Volatility International Equity ETF (ZLI.TO) Alternatives

BMO Low Volatility International Equity ETF (ZLI.TO) belongs to the Foreign Large Cap Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZLI.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to ZLI.TO

ZLI.TO charges 0.40% annually. Among ETFs in the Foreign Large Cap Equities category, these options have the lowest expense ratios among ZLI.TO alternatives.

Symbol	Name	Expense Ratio	Inception
QDX.TO	Mackenzie International Equity Index ETF	0.17%	Jan 24, 2018	ZLI.TO vs QDX.TO
XSEA.TO	iShares ESG Aware MSCI EAFE Index ETF	0.28%	Mar 18, 2019	ZLI.TO vs XSEA.TO
XDSR.TO	iShares ESG Advanced MSCI EAFE Index ETF	0.28%	Apr 15, 2020	ZLI.TO vs XDSR.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	0.31%	Aug 21, 2018	ZLI.TO vs VIDY.TO
TILV.TO	TD Q International Low Volatility ETF	0.40%	May 7, 2019	ZLI.TO vs TILV.TO

Best Risk-Adjusted Alternatives to ZLI.TO

Among ETFs in the Foreign Large Cap Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	91	Nov 13, 2014	ZLI.TO vs ZXM.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	89	Oct 22, 2014	ZLI.TO vs RIDH.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	87	Aug 21, 2018	ZLI.TO vs VIDY.TO
FCIV.TO	Fidelity International Value ETF	85	Jun 3, 2025	ZLI.TO vs FCIV.TO
TILV.TO	TD Q International Low Volatility ETF	81	May 7, 2019	ZLI.TO vs TILV.TO

Top Performing ZLI.TO Alternatives (YTD)

ZLI.TO alternatives from the Foreign Large Cap Equities category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
FCIV.TO	Fidelity International Value ETF	10.05%	Jun 3, 2025	ZLI.TO vs FCIV.TO
TILV.TO	TD Q International Low Volatility ETF	9.13%	May 7, 2019	ZLI.TO vs TILV.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	7.03%	Oct 22, 2014	ZLI.TO vs RIDH.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	6.94%	Aug 21, 2018	ZLI.TO vs VIDY.TO
FCIL.NEO	Fidelity International Low Volatility ETF	5.42%	Jan 18, 2019	ZLI.TO vs FCIL.NEO

Lowest Volatility Alternatives to ZLI.TO

ZLI.TO alternatives from the Foreign Large Cap Equities category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
TILV.TO	TD Q International Low Volatility ETF	11.51%	May 7, 2019	ZLI.TO vs TILV.TO
FCRI.TO	Franklin International Core Equity Fund ETF Series	13.39%	Jan 13, 2026	ZLI.TO vs FCRI.TO
ZWE.TO	BMO Europe High Dividend Covered Call Hedged to CA...	14.64%	Sep 2, 2015	ZLI.TO vs ZWE.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	15.84%	Aug 21, 2018	ZLI.TO vs VIDY.TO
FCIL.NEO	Fidelity International Low Volatility ETF	15.99%	Jan 18, 2019	ZLI.TO vs FCIL.NEO

Lowest Drawdown Alternatives to ZLI.TO

ZLI.TO alternatives from the Foreign Large Cap Equities category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
TILV.TO	TD Q International Low Volatility ETF	-7.21%	May 7, 2019	ZLI.TO vs TILV.TO
FCIL.NEO	Fidelity International Low Volatility ETF	-9.17%	Jan 18, 2019	ZLI.TO vs FCIL.NEO
ZWE.TO	BMO Europe High Dividend Covered Call Hedged to CA...	-9.65%	Sep 2, 2015	ZLI.TO vs ZWE.TO
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	-10.36%	Nov 13, 2014	ZLI.TO vs ZXM.TO
QDX.TO	Mackenzie International Equity Index ETF	-11.30%	Jan 24, 2018	ZLI.TO vs QDX.TO

Other ETFs from BMO

Most popular BMO ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	100	0.57%	Nov 28, 2021	ZLI.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	47	-3.17%	Nov 14, 2012	ZLI.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	0.41%	Jan 24, 2022	ZLI.TO vs ZEQT.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	94	3.87%	May 29, 2009	ZLI.TO vs ZCN.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	98	1.92%	Oct 19, 2009	ZLI.TO vs ZEB.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Large Cap Growth Equities	62	-6.55%	Jan 19, 2010	ZLI.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Large Cap Blend Equities	54	-4.69%	Feb 11, 2019	ZLI.TO vs ZNQ.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	16	0.04%	Jan 19, 2010	ZLI.TO vs ZAG.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	82	1.42%	Oct 21, 2011	ZLI.TO vs ZLB.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	26	-2.48%	Nov 4, 2014	ZLI.TO vs ZUQ.TO

Often Compared With ZLI.TO

What investors most often compare with ZLI.TO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
FLVI.NEO	Franklin International Low Volatility High Dividen...	International Equity	86	6.07%	Mar 25, 2024	ZLI.TO vs FLVI.NEO
XBAL.TO	iShares Core Balanced ETF Portfolio	Diversified Portfolio, Actively Managed	65	0.29%	Jun 21, 2007	ZLI.TO vs XBAL.TO
XLU	Utilities Select Sector SPDR Fund	Utilities Equities	71	8.25%	Dec 16, 1998	ZLI.TO vs XLU
FFDI	Fidelity Fundamental Developed International ETF	Foreign Large Cap Equities	46	-1.62%	—	ZLI.TO vs FFDI

Compare ZLI.TO with Any Fund or Stock

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

Symbol name

BMO Low Volatility International Equity ETF

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