ZMT.TO Alternatives & Similar ETFs

BMO S&P/TSX Equal Weight Global Base Metals (CAD Hedged) (ZMT.TO) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZMT.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZMT.TO

ZMT.TO charges 0.61% annually. There are 5 ETFs in the Energy Equities category with lower expense ratios, going as low as 0.27%.

Symbol	Name	Expense Ratio	AUM	Inception
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	0.27%	136.64M	Sep 2013	ZMT.TO vs HXE.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	0.31%	—	Jul 2014	ZMT.TO vs PPLN.TO
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	0.60%	658.13M	Apr 2011	ZMT.TO vs XBM.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	0.60%	340.76M	Oct 2009	ZMT.TO vs ZEO.TO
OILY.TO	Evolve Canadian Energy Enhanced Yield Index Fund E...	0.60%	—	Mar 2025	ZMT.TO vs OILY.TO

Best Risk-Adjusted Alternatives to ZMT.TO

ZMT.TO has a PortfoliosLab risk / return rank of 78. There are 6 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 86.

Symbol	Name	Risk / Return Rank	AUM	Inception
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	86	136.64M	Sep 2013	ZMT.TO vs HXE.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	86	340.76M	Oct 2009	ZMT.TO vs ZEO.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	86	2.28B	Mar 2001	ZMT.TO vs XEG.TO
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	85	658.13M	Apr 2011	ZMT.TO vs XBM.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	85	759.08M	Apr 2011	ZMT.TO vs ENCC.TO

Top Performing ZMT.TO Alternatives (YTD)

ZMT.TO is at 39.44% YTD. There are 3 ETFs in the Energy Equities category with higher YTD returns, going as high as 45.59%.

Symbol	Name	YTD Return	AUM	Inception
NNRG.NEO	Ninepoint Energy ETF	45.59%	1.38B	May 2021	ZMT.TO vs NNRG.NEO
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	44.48%	136.64M	Sep 2013	ZMT.TO vs HXE.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	44.34%	2.28B	Mar 2001	ZMT.TO vs XEG.TO
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	38.48%	658.13M	Apr 2011	ZMT.TO vs XBM.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	37.72%	340.76M	Oct 2009	ZMT.TO vs ZEO.TO

Lowest Volatility Alternatives to ZMT.TO

ZMT.TO has 38.81% 1-year volatility. There are 12 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 14.08%.

Symbol	Name	Volatility 1Y	AUM	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	14.08%	759.08M	Apr 2011	ZMT.TO vs ENCC.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	14.40%	—	Jul 2014	ZMT.TO vs PPLN.TO
CIF.TO	iShares Global Infrastructure Index ETF	15.23%	1.44B	Aug 2008	ZMT.TO vs CIF.TO
ZWEN.TO	BMO Covered Call Energy ETF	16.69%	133.70M	Jan 2023	ZMT.TO vs ZWEN.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	16.92%	340.76M	Oct 2009	ZMT.TO vs ZEO.TO

Lowest Drawdown Alternatives to ZMT.TO

ZMT.TO has a 1-year max drawdown of -23.81%. There are 11 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -8.48%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	-8.48%	759.08M	Apr 2011	ZMT.TO vs ENCC.TO
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	-9.41%	116.31M	Feb 2015	ZMT.TO vs NXF.TO
ZWEN.TO	BMO Covered Call Energy ETF	-9.50%	133.70M	Jan 2023	ZMT.TO vs ZWEN.TO
CIF.TO	iShares Global Infrastructure Index ETF	-9.50%	1.44B	Aug 2008	ZMT.TO vs CIF.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	-9.54%	340.76M	Oct 2009	ZMT.TO vs ZEO.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 7 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	100	0.95%	5.70B	Nov 2021	ZMT.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	Nov 2012	ZMT.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	13.04%	789.04M	Jan 2022	ZMT.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	19.22%	5.16B	Oct 2009	ZMT.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.70%	16.67B	May 2009	ZMT.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	67	19.82%	3.25B	Jan 2010	ZMT.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	74	22.76%	2.28B	Feb 2019	ZMT.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	ZMT.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.80B	Jan 2010	ZMT.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	Oct 2011	ZMT.TO vs ZDV.TO

Often Compared With ZMT.TO

Investors most often compare ZMT.TO with ZGD.TO, COPP, COPX. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZGD.TO	BMO Equal Weight Global Gold Index ETF	Gold	49	6.26%	356.53M	Nov 2012	ZMT.TO vs ZGD.TO
COPP	Sprott Copper Miners ETF	Commodity Producers Equities	70	26.69%	319.79M	Mar 2024	ZMT.TO vs COPP
COPX	Global X Copper Miners ETF	Materials	75	25.71%	7.99B	Apr 2010	ZMT.TO vs COPX
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	10.91%	781.00B	Jan 1993	ZMT.TO vs SPY
REMX	VanEck Vectors Rare Earth/Strategic Metals ETF	Materials	87	33.01%	3.01B	Oct 2010	ZMT.TO vs REMX
SETM	Sprott Energy Transition Materials ETF	Energy Equities	82	27.22%	675.78M	Feb 2023	ZMT.TO vs SETM
HURA.TO	Global X Uranium Index ETF	Commodity Producers Equities	33	14.10%	205.13M	May 2019	ZMT.TO vs HURA.TO
QQQ	Invesco QQQ ETF	Nasdaq-100	73	21.30%	493.99B	Mar 1999	ZMT.TO vs QQQ
XMA.TO	iShares S&P/TSX Capped Materials Index ETF	Materials	46	7.60%	699.10M	Dec 2005	ZMT.TO vs XMA.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	74	12.30%	32.85B	Nov 2012	ZMT.TO vs VFV.TO
COPP.TO	Global X Copper Producers Index ETF	Commodity Producers Equities	71	26.77%	201.34M	May 2022	ZMT.TO vs COPP.TO
XDG.TO	iShares Core MSCI Global Quality Dividend Index ET...	Global Equities	54	9.07%	737.50M	Jun 2017	ZMT.TO vs XDG.TO
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	Energy Equities, Derivative Income	70	30.76%	476.70M	Feb 2024	ZMT.TO vs EMAX.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	92	11.12%	2.30B	Feb 2017	ZMT.TO vs ZWC.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	41	9.39%	1.24B	Nov 2014	ZMT.TO vs ZUQ.TO
SPMO	Invesco S&P 500 Momentum ETF	Momentum, S&P 500	75	30.35%	19.93B	Oct 2015	ZMT.TO vs SPMO
ZEM.TO	BMO MSCI Emerging Markets Index ETF	Emerging Markets Equities	85	29.19%	3.50B	Oct 2009	ZMT.TO vs ZEM.TO
ZUT.TO	BMO Equal Weight Utilities Index ETF	Utilities Equities	65	20.31%	887.30M	Jan 2010	ZMT.TO vs ZUT.TO
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	80	19.01%	94.95B	Oct 2011	ZMT.TO vs SCHD
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	Foreign Large Cap Equities, Dividend	59	10.45%	1.90B	Aug 2018	ZMT.TO vs VIDY.TO

Compare ZMT.TO with Any Fund or Stock

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

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Diversifiers

Pair ZMT.TO with funds that move differently

BMO S&P/TSX Equal Weight Global Base Metals (CAD Hedged) alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZMT.TO.

Explore ZMT.TO Diversifiers

BMO S&P/TSX Equal Weight Global Base Metals (CAD Hedged) (ZMT.TO) Alternatives