ducovest

ZLH:CA:TSX-BMO Low Volatility US Equity Hedged to CAD ETF (CAD)

ETF | US Equity | Toronto Stock Exchange

Last Closing

CAD 32.61

Change

+0.22 (+0.68)%

Market Cap

CAD 0.17B

Volume

4.00K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

BMO Low Volatility US Equity Hedged to CAD ETF seeks to provide Unitholders with exposure to the performance of a portfolio of U.S. stocks with the potential for long-term capital appreciation. Securities will be selected from the large capitalization U.S. equity universe. The securities that have lower sensitivity to market movements (beta) will be selected for the portfolio and it will be weighted so that a higher allocation is given to securities with lower beta. The U.S. dollar currency exposure is hedged back to Canadian dollars.

Company Website : www.etfs.bmo.com

Currency: CAD

Country : Canada

Inception Date: 04/02/2016

Primary Benchmark: S&P 500 TR Hdg CAD

Primary Index: S&P 500 TR (Bank of Canada) CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.33 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for US Equity

Symbol Name Mer Price(Change) Market Cap
VFV:CA Vanguard S&P 500 Index ETF 0.08 %

N/A

 CAD 12.96B
ZSP:CA BMO S&P 500 0.09 %

N/A

 CAD 12.96B
XSP:CA iShares Core S&P 500 (CAD Hedg.. 0.11 %

N/A

 CAD 9.55B
VUN:CA Vanguard US Total Market 0.16 %

N/A

 CAD 7.86B
XUS:CA iShares Core S&P 500 Index ETF 0.11 %

N/A

 CAD 5.82B
HXS:CA Horizons S&P 500 Index ETF 0.11 %

N/A

 CAD 3.33B
VSP:CA Vanguard S&P 500 CAD hedged 0.09 %

N/A

 CAD 2.98B
QUU:CA Mackenzie US Large Cap Equity .. 0.09 %

N/A

 CAD 2.89B
XUU:CA iShares Core S&P US Total Mark.. 0.07 %

N/A

 CAD 2.66B
XQQ:CA iShares NASDAQ 100 (CAD Hedged.. 0.39 %

N/A

 CAD 2.54B

ETFs Containing ZLH:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (US Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 4.92% 10% F 51% F
Dividend Return 0.61% 77% C+ 26% F
Total Return 5.53% 8% B- 51% F
Trailing 12 Months  
Capital Gain 3.66% 3% F 46% F
Dividend Return 2.42% 84% B 43% F
Total Return 6.07% 2% F 46% F
Trailing 5 Years  
Capital Gain 30.39% 25% F 60% D-
Dividend Return 10.20% 78% C+ 55% F
Total Return 40.58% 28% F 61% D-
Average Annual (5 Year Horizon)  
Capital Gain 4.52% 25% F 61% D-
Dividend Return 6.22% 30% F 61% D-
Total Return 1.70% 74% C 49% F
Risk Return Profile  
Volatility (Standard Deviation) 9.63% 92% A 71% C-
Risk Adjusted Return 64.60% 49% F 90% A-
Market Capitalization 0.17B 29% F 35% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.