Opinions Stan Wong
BMO Low Volatility Cdn Eqty ETFZLB.TODON'T BUYMar 09, 2017
$29.12
Stock price when the opinion was issued
$61.51
As of Jul 09, 2026. Market Open.
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
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BUY
Get similar or better returns with less risk, beta, volatility. Well constructed product. Skews more to certain sectors like utilities and financial services, so you'll see underperformance. For 5-10-15-20 years, it's a thoughtful way to get returns from the market. Try XMV, which creates a portfolio of minimum volatility. You could use these 2 ETFs together.
E.T.F.'s
PAST TOP PICK
(A Top Pick Mar 12/19, Up 15%) It has been a good performer since its inception. It moved out of Canadian energy stocks at a pivotal time based on its rules based methodology. It looks for the lowest beta Canadian stocks. This is an actively managed fund he feels as it has a human element to it as well. A conservative investor would like this one and could perhaps match it with a lower cost passively managed fund.
E.T.F.'s
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.
E.T.F.'s
A low volatility ETF. It is a formula that measures companies in Canada that is purchasing very low volatility lower beta type of names. He is not a fan of low volatility at this stage. Low volatility did very well up until last year, but since then it has underperformed the broader markets. It’s a basket of names right now that are in the real estate space along with some food names and utility names. These names are more expensive than the broader market, and probably going to underperform going forward.