(ZLB) BMO Low Volatility Canadian - Ratings and Ratios

BMO Low Volatility Canadian Equity ETF (ZLB) is designed to provide exposure to Canadian equities with reduced volatility. The fund tracks the Morningstar Canada GR CAD Index, focusing on low-volatility stocks within the Canadian market. ZLB is listed on the Toronto Stock Exchange (TO) and falls under the Canadian Equity ETF category.

From a technical standpoint, ZLB has shown moderate trading activity, with an average 20-day volume of 91,100 shares. The ETF is currently trading at 50.27, slightly above its short-term SMA 20 of 49.12 and SMA 50 of 48.87. The SMA 200 stands at 47.38, indicating a gradual upward trend over the past year. The Average True Range (ATR) of 0.64 reflects the funds low volatility, consistent with its investment strategy.

Fundamentally, ZLB manages assets under management (AUM) of 4,174.26M CAD, demonstrating its popularity among investors seeking stable Canadian equity exposure. The funds structure is designed to appeal to risk-averse investors who prioritize capital preservation alongside growth.

3-Month Forecast: Based on the current technical and fundamental data, ZLB is expected to maintain its stable performance. The ETFs low ATR of 0.64 suggests continued minimal volatility, supported by its focus on low-volatility stocks. The upward trend in SMAs indicates potential for modest growth, though gains may remain subdued due to the funds risk-reducing strategy. The strong AUM of 4,174.26M CAD underscores investor confidence and liquidity, which is likely to sustain the ETFs stability in the near term.