BMO S&P 500 (CAD Hedged) (ZUE.TO) Alternatives

BMO S&P 500 (CAD Hedged) (ZUE.TO) belongs to the S&P 500 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZUE.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 ZUE.TO

ZUE.TO charges 0.09% annually. Among ETFs in the S&P 500 category, these options have the lowest expense ratios among ZUE.TO alternatives.

Symbol	Name	Expense Ratio	Inception
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	0.04%	Jul 5, 2023	ZUE.TO vs USCL.TO
XUS-U.TO	iShares Core S&P 500 Index ETF	0.09%	Oct 9, 2019	ZUE.TO vs XUS-U.TO
VSP.TO	Vanguard S&P 500 CAD-hedged ETF	0.09%	Nov 2, 2012	ZUE.TO vs VSP.TO
ZSP-U.TO	BMO S&P 500 Index ETF (USD)	0.09%	Nov 14, 2012	ZUE.TO vs ZSP-U.TO
ZSP.TO	BMO S&P 500 Index ETF	0.09%	Nov 14, 2012	ZUE.TO vs ZSP.TO

Best Risk-Adjusted Alternatives to ZUE.TO

Among ETFs in the S&P 500 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
XUS-U.TO	iShares Core S&P 500 Index ETF	62	Oct 9, 2019	ZUE.TO vs XUS-U.TO
VSP.TO	Vanguard S&P 500 CAD-hedged ETF	57	Nov 2, 2012	ZUE.TO vs VSP.TO
XSP.TO	iShares Core S&P 500 Index ETF (CAD-Hedged)	57	May 24, 2001	ZUE.TO vs XSP.TO
ZSP-U.TO	BMO S&P 500 Index ETF (USD)	55	Nov 14, 2012	ZUE.TO vs ZSP-U.TO
VFV.TO	Vanguard S&P 500 Index ETF	48	Nov 2, 2012	ZUE.TO vs VFV.TO

Top Performing ZUE.TO Alternatives (YTD)

ZUE.TO alternatives from the S&P 500 category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
HIU.TO	BetaPro S&P 500 Daily Inverse ETF	8.11%	Feb 3, 2010	ZUE.TO vs HIU.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	2.05%	Nov 6, 2025	ZUE.TO vs EQLI.TO
EQL.TO	Invesco S&P 500 Equal Weight Index ETF CAD	1.77%	May 29, 2018	ZUE.TO vs EQL.TO
USCC.TO	Global X S&P 500 Covered Call ETF	-2.45%	Sep 13, 2011	ZUE.TO vs USCC.TO
XUS.TO	iShares Core S&P 500 Index ETF	-3.09%	Apr 10, 2013	ZUE.TO vs XUS.TO

Lowest Volatility Alternatives to ZUE.TO

ZUE.TO alternatives from the S&P 500 category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	13.83%	Nov 6, 2025	ZUE.TO vs EQLI.TO
USCC.TO	Global X S&P 500 Covered Call ETF	16.30%	Sep 13, 2011	ZUE.TO vs USCC.TO
EQL.TO	Invesco S&P 500 Equal Weight Index ETF CAD	17.59%	May 29, 2018	ZUE.TO vs EQL.TO
XSP.TO	iShares Core S&P 500 Index ETF (CAD-Hedged)	17.80%	May 24, 2001	ZUE.TO vs XSP.TO
ZSP-U.TO	BMO S&P 500 Index ETF (USD)	18.03%	Nov 14, 2012	ZUE.TO vs ZSP-U.TO

Lowest Drawdown Alternatives to ZUE.TO

ZUE.TO alternatives from the S&P 500 category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
USCC.TO	Global X S&P 500 Covered Call ETF	-11.92%	Sep 13, 2011	ZUE.TO vs USCC.TO
XSP.TO	iShares Core S&P 500 Index ETF (CAD-Hedged)	-11.93%	May 24, 2001	ZUE.TO vs XSP.TO
XUS-U.TO	iShares Core S&P 500 Index ETF	-12.02%	Oct 9, 2019	ZUE.TO vs XUS-U.TO
VSP.TO	Vanguard S&P 500 CAD-hedged ETF	-12.07%	Nov 2, 2012	ZUE.TO vs VSP.TO
ZSP-U.TO	BMO S&P 500 Index ETF (USD)	-12.08%	Nov 14, 2012	ZUE.TO vs ZSP-U.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	ZUE.TO vs ZMMK.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	0.41%	Jan 24, 2022	ZUE.TO vs ZEQT.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	94	3.87%	May 29, 2009	ZUE.TO vs ZCN.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	98	1.92%	Oct 19, 2009	ZUE.TO vs ZEB.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Large Cap Growth Equities	62	-6.55%	Jan 19, 2010	ZUE.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Large Cap Blend Equities	54	-4.69%	Feb 11, 2019	ZUE.TO vs ZNQ.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	16	0.04%	Jan 19, 2010	ZUE.TO vs ZAG.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	82	1.42%	Oct 21, 2011	ZUE.TO vs ZLB.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	26	-2.48%	Nov 4, 2014	ZUE.TO vs ZUQ.TO
ZEA.TO	BMO MSCI EAFE Index ETF	Global Equities	65	2.60%	Feb 10, 2014	ZUE.TO vs ZEA.TO

Often Compared With ZUE.TO

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	75	0.66%	Aug 7, 2019	ZUE.TO vs XEQT.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	93	3.62%	Aug 2, 2013	ZUE.TO vs VCN.TO
TEC.TO	TD Global Technology Leaders Index ETF	Technology Equities	44	-9.09%	Mar 29, 2022	ZUE.TO vs TEC.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	45	-3.28%	Nov 30, 2010	ZUE.TO vs HXS.TO
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	ZUE.TO vs VOO
HDIV.TO	Hamilton Enhanced Multi-Sector Covered Call ETF	Derivative Income	92	3.20%	Jul 19, 2021	ZUE.TO vs HDIV.TO
ESG.TO	Invesco S&P 500 ESG Index ETF	S&P 500, ESG	41	-3.46%	Mar 5, 2020	ZUE.TO vs ESG.TO
USSL.TO	Global X Enhanced S&P 500 Index ETF	Leveraged Equities, S&P 500	36	-7.35%	May 21, 2024	ZUE.TO vs USSL.TO

Compare ZUE.TO with Any Fund or Stock

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

Symbol name

BMO S&P 500 (CAD Hedged)

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