VS
Compare BMO Low Volatility Canadian Equity ETF (ZLB) vs Franklin International Low Volatility High Dividend Index ETF (CA) (FLVI) to find the best fit for your portfolio. ZLB provides Finance, Consumer Non-Cyclicals, and Utilities exposures, while FLVI is primarily weighted in Finance, Utilities, and Telecommunications. When evaluating costs, ZLB features a management fee (MER) of 0.35%, compared to 0.25% for FLVI. Performance-wise, ZLB has returned 7.38% year-to-date with +$186 M in net flows, whereas FLVI is at 11.07% with +$119 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
ZLB
FLVI
| AuM | $6,238.00 M | $298.13 M |
| Management Fees | 0.35% | 0.25% |
| Exp. ratio | 0.39% | 0.28% |
| Tracking Difference | - | 3.36% |
Historical performance and flows
As of July 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZLB | +4.14% | +4.82% | +7.38% | +18.84% | +58.69% |
FLVI | +1.69% | +3.74% | +11.07% | +24.08% | - | |
| Flows | ZLB | -$41 M | +$56 M | +$186 M | +$440 M | +$1,314 M |
FLVI | +$9 M | +$33 M | +$119 M | +$202 M | - |
ZLB vs FLVI exposure
Countries
ZLB
Canada
95.71%
FLVI
Japan
13.41%
Italy
11.16%
Singapore
11.12%
France
10.81%
Switzerland
10.44%
Germany
8.36%
Other
34.70%
Sectors
ZLB
Finance
30.68%
Consumer Non-Cyclicals
18.41%
Utilities
17.72%
Telecommunications
9.66%
Other
23.54%
FLVI
Finance
25.40%
Utilities
16.03%
Telecommunications
11.35%
Energy
9.62%
Industrials
9.51%
Consumer Non-Cyclicals
7.88%
Other
20.22%
As of July 2, 2026
Top 10 Holdings
ZLB
Fortis, Inc.
4.36%
Quebecor, Inc.
4.24%
Hydro One Ltd.
4.12%
Great-West Lifeco, Inc.
3.94%
Loblaw Cos. Ltd.
3.88%
Emera, Inc.
3.69%
Empire Co. Ltd.
3.54%
Intact Financial Corp.
3.38%
Metro, Inc.
3.20%
TMX Group Ltd.
3.11%
FLVI
Repsol SA
2.99%
TotalEnergies SE
2.97%
Rio Tinto Plc
2.77%
CK Hutchison Holdings Ltd.
2.74%
Enel SpA
2.64%
Deutsche Post AG
2.62%
DBS Group Holdings Ltd.
2.61%
ENGIE SA
2.57%
SNAM SpA
2.55%
Nordea Bank Abp
2.53%
Diversification
ZLB
Total weight of top 10 holdings out of 53 total
37.44%
FLVI
Total weight of top 10 holdings out of 119 total
26.99%
Characteristics
Compare
ZLB
FLVI
| Provider | BMO | Franklin Templeton |
| Management | Actively managed | Passively managed |
| Benchmark | - | Franklin International ex North America Low Volatility High Dividend Index NTR - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.82% | 2.51% |
| Meets ESG criteria | No | No |
| Inception Date | October 27, 2011 | March 28, 2024 |
Frequently asked questions about ZLB and FLVI
Which ETF has performed better year to date: ZLB or FLVI?
As of July 2, 2026, ZLB has returned 7.38% year to date, while FLVI has returned 11.07%. FLVI is ahead on YTD performance.
Which ETF is larger by assets under management: ZLB or FLVI?
As of July 2, 2026, ZLB manages $6.24 B in assets, while FLVI manages $298.13 M. ZLB is the larger fund by AUM.
How are ZLB and FLVI managed?
ZLB is actively managed by BMO. It does not track an index. FLVI is passively managed by Franklin Templeton. It tracks the Franklin International ex North America Low Volatility High Dividend Index NTR - CAD benchmark.
What sectors do ZLB and FLVI emphasize?
ZLB is most exposed to Finance, Consumer Non-Cyclicals, and Utilities. FLVI is most exposed to Finance, Utilities, and Telecommunications.
Which ETF is attracting more investor flows: ZLB or FLVI?
Year to date, ZLB has seen +$186.44 M in net flows, compared with +$118.77 M for FLVI. ZLB has attracted more net investor money so far.
How do the fees of ZLB and FLVI compare?
ZLB has an expense ratio of 0.39%, while FLVI has an expense ratio of 0.28%.
What are the top holdings of ZLB and FLVI?
ZLB's largest holdings include Fortis, Inc., Quebecor, Inc., and Hydro One Ltd.. FLVI's top holdings include Repsol SA, TotalEnergies SE, and Rio Tinto Plc.
Which ETF is more diversified: ZLB or FLVI?
ZLB holds 53 securities, while FLVI holds 119. On holdings count, FLVI is the more diversified portfolio.
Recent articles about ZLB and FLVI
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