BMO Low Volatility Emerging Markets Equity ETF (ZLE.TO) ETF Analysis

Fund Overview

BMO Low Volatility Emerging Markets Equity ETF (ZLE.TO) is an exchange-traded fund. The fund holds CA$93.90M in total net assets. The expense ratio is 0.45%. On a CA$10,000 position that is CA$45.00 a year. BMO Asset Management Inc is the fund family on file. The inception date on file is May 10, 2016.

The largest positions on file are Taiwan Semiconductor Manufacturing Co Ltd (2330.TW), SK hynix Inc (000660.KQ), and Samsung Electronics Co Ltd (005930.KQ). Taiwan Semiconductor Manufacturing Co Ltd alone accounts for 7.01% of the portfolio. The ten largest positions together make up 28.48% of the fund.

Performance Analysis

ZLE.TO last closed at CA$28.48 on September 4, 2026. Over the trailing twelve months the price has returned +39.23%. Measured over 5 years, that is +9.87% a year compounded. The fund distributes at a trailing yield of 2.52%.

Across the complete calendar years on file, 2025 returned +18.71% and 2022 returned −11.98%. Of the 7 complete calendar years on file, 4 finished higher. 2026 is still running; the price is +31.00% year to date.

Price & Risk Profile

Annualized volatility over the trailing 8 years is 15.21%. The reported beta is 0.85. Over the past 52 weeks the price has ranged from CA$21.10 to CA$29.95. The latest close sits 34.98% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.