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BMO Long Short Canadian Equity ETF (ZLSC.TO) Diversifiers

ETF · Currency in CAD · Last updated Jun 4, 2026

BMO Long Short Canadian Equity ETF seeks long-term capital appreciation with attractive risk-adjusted returns by taking long and short positions primarily in Canadian equities.

Looking to diversify beyond ZLSC.TO? The ETFs below have the lowest correlation with ZLSC.TO — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from ZLSC.TO.

Best Diversifiers for ZLSC.TO

1 ETFs have low correlation with ZLSC.TO (below 0.3), 0 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ZMMK.TO
BMO Money Market Fund ETF Series0.07——
100
Money MarketZLSC.TO vs ZMMK.TO
ZNQ.TO
BMO NASDAQ 100 Equity Index ETF0.40——
74
Nasdaq-100ZLSC.TO vs ZNQ.TO
ZQQ.TO
BMO NASDAQ 100 Equity (CAD Hedged)0.42——
67
Nasdaq-100ZLSC.TO vs ZQQ.TO
ZSP.TO
BMO S&P 500 Index ETF0.45——
72
S&P 500ZLSC.TO vs ZSP.TO
ZEB.TO
BMO Equal Weight Banks Index ETF0.48——
96
Financials EquitiesZLSC.TO vs ZEB.TO
See all 9 diversifiers for ZLSC.TO

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Diversification Analysis

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