BMO Low Volatility US Equity ETF (CAD) (ZLU.TO) ETF Analysis

Fund Overview

BMO Low Volatility US Equity ETF (CAD) (ZLU.TO) is an exchange-traded fund. The expense ratio is 0.3%. On a CA$10,000 position that is CA$30.00 a year. The fund is issued by BMO Asset Management Inc. The inception date on file is March 19, 2013.

The largest positions on file are Johnson & Johnson (JNJ), Cencora Inc (COR), and Teledyne Technologies Inc (TDY). Johnson & Johnson alone accounts for 2.95% of the portfolio. The ten largest positions together make up 23.45% of the fund.

Performance Analysis

The most recent close on file for ZLU.TO is CA$64.45, dated September 4, 2026. Over the trailing twelve months the price has returned +10.01%. Measured over 5 years, that is +9.35% a year compounded. The trailing distribution yield is 1.68%.

Across the complete calendar years on file, 2024 returned +21.52% and 2023 returned −3.36%. Of the 7 complete calendar years on file, 6 finished higher. So far in 2026 the price is +13.57%.

Price & Risk Profile

Annualized volatility over the trailing 8 years is 14.86%. The reported beta is 0.32. The 52-week range on file runs from CA$56.80 to CA$66.68. The latest close sits 13.47% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.