Key stats
About BMO ASSET MANAGEMENT INC SPDR MATERIALS SELECT SECTOR INDEX ETF
Home page
Inception date
Feb 2, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
ZXLB invests in basic materials companies from the S&P 500, these would include companies in the chemicals, metals and mining, paper and forest products, containers and packaging, and construction materials industry. Its S&P 500-only portfolio means that it favors large-caps. To achieve its investment objective, the fund may invest directly in the index constituents securities or hold other securities with similar investment profiles through a sampling strategy. It may also use derivatives, enter securities lending and repurchase agreements, and engage in short selling to maximize its returns. The constituents are market cap-weighted with quarterly index rebalancing.
Related funds
Classification
What's in the fund
Exposure type
ETF
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ZXLB trades at 29.22 CAD today, its price has fallen −0.68% in the past 24 hours. Track more dynamics on ZXLB price chart.
ZXLB net asset value is 29.23 today — it's risen 4.55% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ZXLB assets under management is 1.47 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ZXLB fund flows account for 750.03 K CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ZXLB invests in funds. See more details in our Analysis section.
No, ZXLB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, ZXLB doesn't pay dividends to its holders.
ZXLB trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ZXLB shares are issued by Bank of Montreal
ZXLB follows the S&P Materials Select Sector. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 2, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.