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

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 funds that fit a different role in your portfolio.

Cheapest Alternatives to ZMT.TO

ZMT.TO charges 0.61% annually. Among ETFs in the Energy Equities category, these options have the lowest expense ratios among ZMT.TO alternatives.

Symbol	Name	Expense Ratio	Inception
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	0.27%	Sep 16, 2013	ZMT.TO vs HXE.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	0.60%	Oct 20, 2009	ZMT.TO vs ZEO.TO
OILY.TO	Evolve Canadian Energy Enhanced Yield Index Fund E...	0.60%	Mar 26, 2025	ZMT.TO vs OILY.TO
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	0.60%	Apr 12, 2011	ZMT.TO vs XBM.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	0.61%	Mar 19, 2001	ZMT.TO vs XEG.TO

Best Risk-Adjusted Alternatives to ZMT.TO

Among ETFs in the Energy 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
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	92	Mar 19, 2001	ZMT.TO vs XEG.TO
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	91	Sep 16, 2013	ZMT.TO vs HXE.TO
CIF.TO	iShares Global Infrastructure Index ETF	91	Aug 27, 2008	ZMT.TO vs CIF.TO
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	90	Apr 12, 2011	ZMT.TO vs XBM.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	87	Oct 20, 2009	ZMT.TO vs ZEO.TO

Top Performing ZMT.TO Alternatives (YTD)

ZMT.TO alternatives from the Energy Equities category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	41.93%	Mar 19, 2001	ZMT.TO vs XEG.TO
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	41.53%	Sep 16, 2013	ZMT.TO vs HXE.TO
NNRG.NEO	Ninepoint Energy ETF	37.70%	May 11, 2021	ZMT.TO vs NNRG.NEO
ZWEN.TO	BMO Covered Call Energy ETF	31.77%	Jan 23, 2023	ZMT.TO vs ZWEN.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	31.54%	Oct 20, 2009	ZMT.TO vs ZEO.TO

Lowest Volatility Alternatives to ZMT.TO

ZMT.TO alternatives from the Energy Equities category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	17.36%	Apr 11, 2011	ZMT.TO vs ENCC.TO
CIF.TO	iShares Global Infrastructure Index ETF	17.49%	Aug 27, 2008	ZMT.TO vs CIF.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	19.50%	Oct 20, 2009	ZMT.TO vs ZEO.TO
ZWEN.TO	BMO Covered Call Energy ETF	21.06%	Jan 23, 2023	ZMT.TO vs ZWEN.TO
OILY.TO	Evolve Canadian Energy Enhanced Yield Index Fund E...	24.63%	Mar 26, 2025	ZMT.TO vs OILY.TO

Lowest Drawdown Alternatives to ZMT.TO

ZMT.TO alternatives from the Energy Equities category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
CIF.TO	iShares Global Infrastructure Index ETF	-11.10%	Aug 27, 2008	ZMT.TO vs CIF.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	-16.61%	Apr 11, 2011	ZMT.TO vs ENCC.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	-17.62%	Oct 20, 2009	ZMT.TO vs ZEO.TO
ZWEN.TO	BMO Covered Call Energy ETF	-18.75%	Jan 23, 2023	ZMT.TO vs ZWEN.TO
NNRG.NEO	Ninepoint Energy ETF	-20.22%	May 11, 2021	ZMT.TO vs NNRG.NEO

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

Often Compared With ZMT.TO

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
COPP	Sprott Copper Miners ETF	Energy Equities	88	2.61%	Mar 4, 2024	ZMT.TO vs COPP
COPX	Global X Copper Miners ETF	Materials	94	6.35%	Apr 19, 2010	ZMT.TO vs COPX
ZGD.TO	BMO Equal Weight Global Gold Index ETF	Gold	95	11.73%	Nov 14, 2012	ZMT.TO vs ZGD.TO
REMX	VanEck Vectors Rare Earth/Strategic Metals ETF	Materials	95	19.05%	Oct 27, 2010	ZMT.TO vs REMX
SETM	Sprott Energy Transition Materials ETF	Energy Equities	96	14.27%	Feb 1, 2023	ZMT.TO vs SETM
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	ZMT.TO vs SPY
QQQ	Invesco QQQ ETF	Large Cap Growth Equities	69	-5.93%	Mar 10, 1999	ZMT.TO vs QQQ
HURA.TO	Global X Uranium Index ETF	Commodity Producers Equities	88	11.72%	May 15, 2019	ZMT.TO vs HURA.TO
COPP.TO	Global X Copper Producers Index ETF	Commodity Producers Equities	82	2.05%	May 16, 2022	ZMT.TO vs COPP.TO
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	Energy Equities, Derivative Income	59	31.32%	Feb 6, 2024	ZMT.TO vs EMAX.TO
XDG.TO	iShares Core MSCI Global Quality Dividend Index ET...	Global Equities	48	6.58%	Jun 7, 2017	ZMT.TO vs XDG.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	96	6.38%	Feb 3, 2017	ZMT.TO vs ZWC.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	48	-3.12%	Nov 2, 2012	ZMT.TO vs VFV.TO
XMA.TO	iShares S&P/TSX Capped Materials Index ETF	Materials	92	10.45%	Dec 19, 2005	ZMT.TO vs XMA.TO

Compare ZMT.TO with Any Fund or Stock

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

Symbol name

BMO S&P/TSX Equal Weight Global Base Metals (CAD Hedged)

Symbol name