ZLB.TO vs. VFH
Compare and contrast key facts about BMO Low Volatility Canadian Equity ETF (ZLB.TO) and Vanguard Financials ETF (VFH).
ZLB.TO and VFH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZLB.TO is an actively managed fund by BMO. It was launched on Oct 21, 2011. VFH is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Financials 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZLB.TO or VFH.
Correlation
The correlation between ZLB.TO and VFH is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ZLB.TO vs. VFH - Performance Comparison
Key characteristics
ZLB.TO:
2.13
VFH:
2.01
ZLB.TO:
3.19
VFH:
2.90
ZLB.TO:
1.39
VFH:
1.37
ZLB.TO:
2.80
VFH:
3.88
ZLB.TO:
9.18
VFH:
11.65
ZLB.TO:
1.74%
VFH:
2.66%
ZLB.TO:
7.50%
VFH:
15.46%
ZLB.TO:
-33.96%
VFH:
-78.61%
ZLB.TO:
-1.27%
VFH:
-3.20%
Returns By Period
In the year-to-date period, ZLB.TO achieves a 2.39% return, which is significantly lower than VFH's 4.40% return. Over the past 10 years, ZLB.TO has underperformed VFH with an annualized return of 8.86%, while VFH has yielded a comparatively higher 11.90% annualized return.
ZLB.TO
2.39%
1.96%
4.28%
14.89%
8.72%
8.86%
VFH
4.40%
-0.18%
15.32%
29.30%
12.53%
11.90%
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ZLB.TO vs. VFH - Expense Ratio Comparison
ZLB.TO has a 0.39% expense ratio, which is higher than VFH's 0.10% expense ratio.
Risk-Adjusted Performance
ZLB.TO vs. VFH — Risk-Adjusted Performance Rank
ZLB.TO
VFH
ZLB.TO vs. VFH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO Low Volatility Canadian Equity ETF (ZLB.TO) and Vanguard Financials ETF (VFH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ZLB.TO vs. VFH - Dividend Comparison
ZLB.TO's dividend yield for the trailing twelve months is around 2.32%, more than VFH's 1.68% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZLB.TO BMO Low Volatility Canadian Equity ETF | 2.32% | 2.37% | 2.67% | 2.66% | 2.39% | 2.83% | 2.44% | 2.76% | 2.52% | 2.94% | 2.34% | 1.94% |
VFH Vanguard Financials ETF | 1.68% | 1.75% | 2.08% | 2.31% | 1.87% | 2.21% | 2.17% | 2.30% | 1.53% | 1.63% | 2.00% | 1.85% |
Drawdowns
ZLB.TO vs. VFH - Drawdown Comparison
The maximum ZLB.TO drawdown since its inception was -33.96%, smaller than the maximum VFH drawdown of -78.61%. Use the drawdown chart below to compare losses from any high point for ZLB.TO and VFH. For additional features, visit the drawdowns tool.
Volatility
ZLB.TO vs. VFH - Volatility Comparison
The current volatility for BMO Low Volatility Canadian Equity ETF (ZLB.TO) is 2.35%, while Vanguard Financials ETF (VFH) has a volatility of 3.51%. This indicates that ZLB.TO experiences smaller price fluctuations and is considered to be less risky than VFH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.