What Is ZLU?
BMO Low Volatility US Equity ETF (US Dollar Units) has been designed to provide exposure to a low beta weighted portfolio of U.S. stocks. Beta measures the security's sensitivity to market movements. The ETF utilizes a rules based methodology to select the 100 least market sensitive stocks from a universe of U.S. large cap stocks. The underlying portfolio is re-balanced in May and reconstituted in November. The ETF trades in U.S. dollars on the TSX.
Set it, forget it, let compounding do the heavy lifting. ๐ช