ZLU.TO vs. XBAL.TO
Compare and contrast key facts about BMO Low Volatility US Equity ETF (CAD) (ZLU.TO) and iShares Core Balanced ETF Portfolio (XBAL.TO).
ZLU.TO and XBAL.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZLU.TO is an actively managed fund by BMO. It was launched on Mar 19, 2013. XBAL.TO is an actively managed fund by iShares. It was launched on Jun 21, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZLU.TO or XBAL.TO.
Correlation
The correlation between ZLU.TO and XBAL.TO is 0.54, 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
ZLU.TO vs. XBAL.TO - Performance Comparison
Key characteristics
ZLU.TO:
2.15
XBAL.TO:
2.43
ZLU.TO:
3.08
XBAL.TO:
3.47
ZLU.TO:
1.40
XBAL.TO:
1.45
ZLU.TO:
3.59
XBAL.TO:
4.61
ZLU.TO:
11.39
XBAL.TO:
16.36
ZLU.TO:
1.86%
XBAL.TO:
1.00%
ZLU.TO:
9.87%
XBAL.TO:
6.72%
ZLU.TO:
-25.49%
XBAL.TO:
-28.78%
ZLU.TO:
-0.58%
XBAL.TO:
-1.10%
Returns By Period
In the year-to-date period, ZLU.TO achieves a 3.74% return, which is significantly higher than XBAL.TO's 2.03% return. Over the past 10 years, ZLU.TO has outperformed XBAL.TO with an annualized return of 10.48%, while XBAL.TO has yielded a comparatively lower 5.97% annualized return.
ZLU.TO
3.74%
3.05%
8.05%
21.15%
8.76%
10.48%
XBAL.TO
2.03%
0.13%
6.51%
15.39%
6.95%
5.97%
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ZLU.TO vs. XBAL.TO - Expense Ratio Comparison
ZLU.TO has a 0.33% expense ratio, which is higher than XBAL.TO's 0.20% expense ratio.
Risk-Adjusted Performance
ZLU.TO vs. XBAL.TO — Risk-Adjusted Performance Rank
ZLU.TO
XBAL.TO
ZLU.TO vs. XBAL.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO Low Volatility US Equity ETF (CAD) (ZLU.TO) and iShares Core Balanced ETF Portfolio (XBAL.TO). 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
ZLU.TO vs. XBAL.TO - Dividend Comparison
ZLU.TO's dividend yield for the trailing twelve months is around 1.90%, less than XBAL.TO's 2.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZLU.TO BMO Low Volatility US Equity ETF (CAD) | 1.90% | 1.97% | 2.39% | 1.95% | 1.76% | 1.83% | 1.57% | 1.89% | 2.00% | 2.36% | 1.80% | 1.38% |
XBAL.TO iShares Core Balanced ETF Portfolio | 2.67% | 2.72% | 2.43% | 2.12% | 1.77% | 2.02% | 2.30% | 3.44% | 2.97% | 3.69% | 3.34% | 6.60% |
Drawdowns
ZLU.TO vs. XBAL.TO - Drawdown Comparison
The maximum ZLU.TO drawdown since its inception was -25.49%, smaller than the maximum XBAL.TO drawdown of -28.78%. Use the drawdown chart below to compare losses from any high point for ZLU.TO and XBAL.TO. For additional features, visit the drawdowns tool.
Volatility
ZLU.TO vs. XBAL.TO - Volatility Comparison
BMO Low Volatility US Equity ETF (CAD) (ZLU.TO) has a higher volatility of 3.66% compared to iShares Core Balanced ETF Portfolio (XBAL.TO) at 2.08%. This indicates that ZLU.TO's price experiences larger fluctuations and is considered to be riskier than XBAL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.