Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

BMO Long-Term US Treasury Bond Index ETF (ZTL.TO)

Investor Insights
star iconJun 21, 2026, 12:00 am

This summary was created by AI, based on 3 opinions in the last 12 months.

The BMO Long-Term US Treasury Bond Index ETF (ZTL-T) is viewed as a strategic investment by multiple experts, particularly during periods of economic uncertainty. With predictions of increased volatility in 2026, it is suggested that holding such bonds will provide a cushion against market shocks, allowing investors to capitalize on opportunities when equities are undervalued. Moreover, experts indicate that these bonds could rally in response to a tougher economic landscape in the US, making them an appealing choice for those looking to enhance their bond portfolio. However, considerations around tax implications may affect their attractiveness depending on an individual investor's situation. Overall, this ETF offers a blend of security and potential for growth, especially in challenging economic times.

consensus icon
Consensus
Positive
valuation icon
Valuation
Fair Value
review icon
Similar
TLT
PAST TOP PICK
(A Top Pick Apr 11/25, Up 3%)

Will protect you when there is a growth scare or shock. This will let you rebalance when stocks are on sale, being a source of funds.. There will be more volatility in 2026. 

BUY

US bonds. Buy this one and wait for a harder economic landing in the US, when we'll see long bonds rally.

COMMENT

If you want growth from your bond portfolio. But these don't have great tax treatment. Depends on what kind of investor you are.

TOP PICK

Lets you buy the same bonds that are in TLT but in a Canadian wrapper. Helps avoid the USD threshold amounts for Canadian investors. Longer duration, and more volatility. He'd probably hedge half the position. 

BUY

Must look at total return. Those that focus on the yield and don't understand the return are doomed to risk. Just hold TLT or ZTL -- US bonds at the long end of the treasury curve -- and don't go chasing yield.

premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jan 24/23, Down 7.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with ZTL has triggered its stop at $40.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment loss of 14%, when combined with our previous recommendations.

premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly We again reiterate this defensive ETF holding US long term government bonds priced in Canadian dollars, as a TOP PICK. It acts as a good hedge against a pending recession. With interest rates near expected peak levels, this is a good time to enter again. We recommend trailing up the stop-loss (from $30) to $40, looking to achieve $55 – upside potential over 25%. Yield 3.6%
premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly We reiterate this defensive ETF holding US long term government bonds priced in Canadian dollars, as a TOP PICK. It acts as a good hedge against a pending recession. With interest rates near expected peak levels, this is a good time to enter again. US 30 year treasury yields remain within 50 bps of the levels reached prior to the 2008 financial crisis. We recommend keeping the stop-loss at $30, looking to achieve $55 – upside potential of 25%. Yield 3.6%
BUY
Long-duration government bonds in Canada and US after reducing stocks exposure Bonds offer opportunities in 2023, like short-term corporates. Recessions will eventually reduce interest rates, so keep duration in mind. One- or two-year play? Also, look for inflation sticking into 2024.
premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O’Reilly A good defensive ETF holding US long term government bonds priced in Canadian dollars. A hedge against a pending recession. As interest rates have risen it has naturally gone down in value. US 30 year treasury yields are within 50 bps of the levels reached prior to the 2008 financial crisis. We recommend placing a stop-loss at $30, looking to achieve $55 – upside potential of 40%. Yield 3.6%
BUY
A weak economy usually presents a rise in long term interest rates. If recession comes, ZTL a good option for investors. Has added to holdings in long term interest bonds. Thinks inflation will be sticky and won't lead to large increase in bonds.
DON'T BUY
Best to buy this if you already have USD, and not converting your CAD. Buying long-term bonds now is a very risky strategy if bond yields rise. Fed has already signalled it's embarking on swift unwinding. He'd be very careful of putting a lot of money into long-term bonds. Bond ETFs have not always tracked well versus individual bonds. You can probably employ a simple buy-and-hold strategy for individual bonds.
premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly We again reiterate ZTL, a low MER ETF holding long term US government bonds priced in Canadian dollars, as a defensive buy during this period of global uncertainty. Interest rates are on the rise and the ETF has taken its lumps, but we view it as a safe haven for the foreseeable future. We think of it as insurance -- as such we will not set a stop-loss nor upper price objective. It pays a yield to park your cash and we like that it is in Canadian funds -- as we expect weakness in the Canadian dollar during any sizable market pullback. Yield 3.16%
COMMENT
ZTL is the Canadian equivalent to TLT.
premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly We again reiterate ZTL, a low MER ETF as a defensive buy during this period of global uncertainty. It is made up of long term (20-30 yr) US Treasury bonds -- viewed as a safe haven. We think of it as insurance -- as such we will not set a stop-loss nor upper price objective. It pays a yield to park your cash and we like that it is in Canadian funds -- as we expect weakness in the Canadian dollar during any sizable market pullback. Yield 2.59%
Showing 1 to 15 of 19 entries

BMO Long-Term US Treasury Bond Index ETF (ZTL.TO) Frequently Asked Questions

What is BMO Long-Term US Treasury Bond Index ETF stock symbol?

BMO Long-Term US Treasury Bond Index ETF is a OTC stock, trading under the symbol ZTL.TO (previously ZTL-T on Stockchase) on the undefined (undefined). It is usually referred to as or ZTL.TO

Is BMO Long-Term US Treasury Bond Index ETF a buy or a sell?

In the last year, 2 stock analysts issued a Buy, Sell, or Hold rating on ZTL.TO (previously ZTL-T on Stockchase). 2 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for BMO Long-Term US Treasury Bond Index ETF.

Is BMO Long-Term US Treasury Bond Index ETF a good investment or a top pick?

BMO Long-Term US Treasury Bond Index ETF was recommended as a Top Pick by The Panic-Proof Portfolio (Stockchase Research) on 2022-02-28. Read the latest stock experts ratings for BMO Long-Term US Treasury Bond Index ETF.

Why is BMO Long-Term US Treasury Bond Index ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for BMO Long-Term US Treasury Bond Index ETF.

Is BMO Long-Term US Treasury Bond Index ETF worth watching?

BMO Long-Term US Treasury Bond Index ETF is followed by 51 investors on Stockchase and is a trending stock that is worth watching.