TSE:ZLB

BMO Low Volatility Cdn Eqty ETF (ZLB.TO)

58.74
-0.46 (0.78%)
as of Sep 29, 2026, 5:02:55 pm Market Open.
151 watching
0
BUY ON WEAKNESS
Low volatile ETF. He would be a buyer at $28. It has been a phenomenal performer compared to the TSX.
TOP PICK
His more conservative side. Low volatility stocks do very well when markets get dicey. It hasn’t been a bad ETF to be in through various market cycles. Mostly banks and utilities with virtually no energy stocks.
PARTIAL BUY
Targets 60/40 US/Canadian. Given coming volatility, invest in this or wait for dips? Yes. Though for an RRSP, you have until end-February to invest and get the tax credit. Or you can contribute to cash and invest down the road and still get the tax credit. Generally, yes, invest it or split the investment between ZLB and an American ETF.
BUY ON WEAKNESS
Likes it since it is low volatility. The yield isn't particularly good right now, and it's a little expensive since people are looking for low volatile names. He has some for his clients.
TOP PICK
Being cautious. Still some noise to come. Now breaking out and consolidating. Sideways in this market is OK.
PAST TOP PICK
(A Top Pick Aug 10/18, Up 12%) Probably one of the best places to park your market in a volatile market. Has a low beta. The list keeps changing and gets restructured every year.
TOP PICK
Still recommends it. It could sell off if the general market sells off, but it tends not to move as much as others. A good place to park your money.
WEAK BUY
Fan of low vol anomaly, which is characterized by lower, steadier-returning stocks achieving higher, risk-adjusted returns. Very high risk stocks have lower returns than steady, low vol portfolios. What low vols miss, and what the min vols have, is portfolio construction to lower the vol and keep it diversified. But this BMO one isn't bad at all.
TOP PICK

Low volatility. Long and overweight in the U.S. but starting to get more cautious so this is a good Canadian play. It's reasonably priced and the management fee is low enough. Its top holdings are Fairfax, Rogers and Telus. Dividend paying companies. ZLU-T is the U.S. version.

TOP PICK
Low volatility, well diversified, for tougher markets ahead. Very low risk. Yield is 2.42%.
TOP PICK
This has always been a good ETF in a difficult market. This is a good place to hide in uncertain times. Yield = 2.4% : expense ratio = 0.4%
BUY
He likes the diversification components. It avoids the overweight on energy and Banks stocks. It's done fine.
TOP PICK
Investors should own Canada in their portfolios. He buys this for conservative, lower-risk clients given the low-volatilty in this ETF. This is the poster child of Low-Vol Anomaly: some low-vol stocks actually outperform than higher-vol. ZLB is overweight utilities and financials, so if there are rapid moves in interest rates, it could hurt those sectors.
DON'T BUY
ZLB vs. ZUB These are low-volatility ETFs, and he isn't keen on low-vol. Low-vol means defensive sectors like utilities, and away from growth. He's slightly bullish the cyclical outlook. This is not a good entry point now, though otherwise both are good ETFs.
N/A
ZWU-T or ZLB-T vs. covered call ETFs ZWC-T or ZWH-T. From a technician's point of view ZLB-T has established a double bottom. It has better upside tendencies relative to covered call strategies. These are the right area to approach the market in if you want less volatility.
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