BMO Low Volatility US Equity ETF (CAD) (ZLU.TO)
ZLU.TO is an actively managed ETF by BMO. ZLU.TO launched on Mar 19, 2013 and has a 0.33% expense ratio.
ETF Info
05577D103
Mar 19, 2013
North America (U.S.)
1x
No Index (Active)
Canada
Distributing
Large-Cap
Blend
Expense Ratio
ZLU.TO features an expense ratio of 0.33%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in BMO Low Volatility US Equity ETF (CAD), comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
BMO Low Volatility US Equity ETF (CAD) had a return of 3.43% year-to-date (YTD) and 20.83% in the last 12 months. Over the past 10 years, BMO Low Volatility US Equity ETF (CAD) had an annualized return of 10.45%, while the S&P 500 had an annualized return of 11.26%, indicating that BMO Low Volatility US Equity ETF (CAD) did not perform as well as the benchmark.
ZLU.TO
3.43%
2.26%
7.30%
20.83%
8.70%
10.45%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of ZLU.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.74% | 3.43% | |||||||||||
| 2024 | 2.46% | 2.23% | 3.91% | -1.02% | 0.32% | 0.22% | 6.07% | 2.49% | 2.28% | 0.92% | 3.40% | -3.22% | 21.63% |
| 2023 | -1.91% | -0.46% | 1.02% | 2.70% | -5.53% | 0.78% | 0.52% | -0.45% | -3.51% | 1.75% | 2.60% | -0.49% | -3.26% |
| 2022 | -1.87% | -1.09% | 4.19% | 0.58% | -0.47% | -1.95% | 2.28% | 0.65% | -2.37% | 6.48% | 3.42% | -1.75% | 7.95% |
| 2021 | -1.72% | -1.52% | 6.78% | 2.05% | -1.40% | 2.19% | 3.91% | 2.47% | -4.00% | 1.42% | 1.78% | 7.66% | 20.71% |
| 2020 | 4.30% | -7.11% | -7.05% | 7.76% | 3.31% | -3.59% | 3.85% | -1.32% | 0.79% | -1.47% | 4.78% | -0.98% | 2.06% |
| 2019 | 1.68% | 3.63% | 3.97% | 1.43% | -0.61% | 1.19% | 2.42% | 3.04% | 1.78% | -1.83% | 2.47% | -0.23% | 20.48% |
| 2018 | 0.49% | -0.78% | 0.30% | 0.13% | 0.20% | 4.71% | 1.90% | 2.60% | -1.01% | 1.18% | 3.26% | -4.59% | 8.37% |
| 2017 | -2.67% | 6.49% | -0.29% | 3.25% | 0.69% | -5.40% | -2.69% | 0.14% | 0.00% | 4.04% | 4.71% | -2.63% | 5.07% |
| 2016 | 1.58% | -1.51% | 1.48% | -4.20% | 5.28% | 4.57% | 2.62% | -3.64% | -0.62% | -0.87% | -0.68% | 2.40% | 6.10% |
| 2015 | 8.01% | -0.12% | 0.88% | -3.66% | 2.71% | -2.19% | 9.66% | -2.51% | -0.89% | 3.68% | 2.77% | 4.41% | 24.17% |
| 2014 | 3.43% | 4.14% | 0.97% | 1.16% | 0.10% | 0.58% | 1.98% | 1.43% | 3.03% | 5.63% | 5.52% | 4.59% | 37.61% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 86, ZLU.TO is among the top 14% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BMO Low Volatility US Equity ETF (CAD) (ZLU.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BMO Low Volatility US Equity ETF (CAD) provided a 1.91% dividend yield over the last twelve months, with an annual payout of CA$1.08 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | CA$1.08 | CA$1.08 | CA$1.10 | CA$0.95 | CA$0.81 | CA$0.71 | CA$0.61 | CA$0.62 | CA$0.62 | CA$0.71 | CA$0.52 | CA$0.33 |
Dividend yield | 1.91% | 1.97% | 2.39% | 1.95% | 1.76% | 1.83% | 1.57% | 1.89% | 2.00% | 2.36% | 1.80% | 1.38% |
Monthly Dividends
The table displays the monthly dividend distributions for BMO Low Volatility US Equity ETF (CAD). The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | CA$0.00 | CA$0.00 | CA$0.00 | ||||||||||
| 2024 | CA$0.00 | CA$0.00 | CA$0.27 | CA$0.00 | CA$0.00 | CA$0.27 | CA$0.00 | CA$0.00 | CA$0.27 | CA$0.00 | CA$0.00 | CA$0.27 | CA$1.08 |
| 2023 | CA$0.00 | CA$0.00 | CA$0.27 | CA$0.00 | CA$0.00 | CA$0.27 | CA$0.00 | CA$0.00 | CA$0.27 | CA$0.00 | CA$0.00 | CA$0.29 | CA$1.10 |
| 2022 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.00 | CA$0.00 | CA$0.22 | CA$0.00 | CA$0.00 | CA$0.23 | CA$0.00 | CA$0.00 | CA$0.28 | CA$0.95 |
| 2021 | CA$0.00 | CA$0.00 | CA$0.20 | CA$0.00 | CA$0.00 | CA$0.20 | CA$0.00 | CA$0.00 | CA$0.20 | CA$0.00 | CA$0.00 | CA$0.21 | CA$0.81 |
| 2020 | CA$0.00 | CA$0.00 | CA$0.17 | CA$0.00 | CA$0.00 | CA$0.17 | CA$0.00 | CA$0.00 | CA$0.17 | CA$0.00 | CA$0.00 | CA$0.20 | CA$0.71 |
| 2019 | CA$0.00 | CA$0.00 | CA$0.15 | CA$0.00 | CA$0.00 | CA$0.15 | CA$0.00 | CA$0.00 | CA$0.15 | CA$0.00 | CA$0.00 | CA$0.16 | CA$0.61 |
| 2018 | CA$0.00 | CA$0.00 | CA$0.14 | CA$0.00 | CA$0.00 | CA$0.14 | CA$0.00 | CA$0.00 | CA$0.14 | CA$0.00 | CA$0.00 | CA$0.20 | CA$0.62 |
| 2017 | CA$0.00 | CA$0.00 | CA$0.15 | CA$0.00 | CA$0.00 | CA$0.15 | CA$0.00 | CA$0.00 | CA$0.14 | CA$0.00 | CA$0.00 | CA$0.18 | CA$0.62 |
| 2016 | CA$0.14 | CA$0.00 | CA$0.14 | CA$0.00 | CA$0.00 | CA$0.15 | CA$0.00 | CA$0.00 | CA$0.15 | CA$0.00 | CA$0.00 | CA$0.15 | CA$0.71 |
| 2015 | CA$0.00 | CA$0.00 | CA$0.13 | CA$0.00 | CA$0.00 | CA$0.13 | CA$0.00 | CA$0.00 | CA$0.14 | CA$0.00 | CA$0.00 | CA$0.14 | CA$0.52 |
| 2014 | CA$0.08 | CA$0.00 | CA$0.00 | CA$0.08 | CA$0.00 | CA$0.00 | CA$0.08 | CA$0.00 | CA$0.00 | CA$0.08 | CA$0.33 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the BMO Low Volatility US Equity ETF (CAD). A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the BMO Low Volatility US Equity ETF (CAD) was 25.49%, occurring on Mar 23, 2020. Recovery took 261 trading sessions.
The current BMO Low Volatility US Equity ETF (CAD) drawdown is 0.87%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.49% | Feb 19, 2020 | 24 | Mar 23, 2020 | 261 | Apr 7, 2021 | 285 |
| -10.93% | Jun 5, 2017 | 66 | Sep 7, 2017 | 193 | Jun 14, 2018 | 259 |
| -10.3% | Dec 13, 2022 | 202 | Oct 3, 2023 | 109 | Mar 11, 2024 | 311 |
| -9.75% | Apr 21, 2022 | 40 | Jun 16, 2022 | 40 | Aug 15, 2022 | 80 |
| -8.94% | Dec 6, 2018 | 13 | Dec 24, 2018 | 34 | Feb 13, 2019 | 47 |
Volatility
Volatility Chart
The current BMO Low Volatility US Equity ETF (CAD) volatility is 4.11%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.