BMO MSCI USA High Quality Index ETF (ZUQ)

BMO MSCI USA High Quality Index ETF (ZUQ $88.78)
- $88.78 Fwd P/E: 56.3X Cap: $893M
- View ZUQ Profile
- View Questions on ZUQ

{tplLang.businessdescription | toLang tLang}

{ profileData.description }

{tplLang.details | toLang tLang}

{tplLang.ceo | toLang tLang}

{profileData.profile.details.ceo}

{tplLang.employees | toLang tLang}

{profileData.profile.details.employees | numeraljs '0,0'}

{tplLang.issuetype | toLang tLang}

{profileData.profile.details.issuetype | asIssueType}

{tplLang.industryclassifications | toLang tLang}

{tplLang.sector | toLang tLang}

{profileData.profile.classification.sector}

{tplLang.industry | toLang tLang}

{profileData.profile.classification.industry}

{tplLang.toolname| toLang tLang}

There is no {tplLang.toolname| toLang tLang} currently available for {data.symbolstring}.

BMO MSCI USA High Quality Index ETF (ZUQ $88.78)
- $88.78 Fwd P/E: 56.3X Cap: $893M
- View ZUQ Profile
- View Questions on ZUQ
BMO S&P 500 Index ETF (ZSP $94.54)
- $94.54 Fwd P/E: 57.09X Cap: $16.61B
- View ZSP Profile
- View Questions on ZSP
BMO S&P/TSX Capped Composite Index ETF (ZCN $36.56)
- $36.56 Fwd P/E: 16.49X Cap: $9.30B
- View ZCN Profile
- View Questions on ZCN
iShares Canadian Growth Index ETF (XCG $61.92)
- $61.92 Fwd P/E: 9.37X Cap: $102M
- View XCG Profile
- View Questions on XCG
Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $52.74)
- $52.74 Fwd P/E: 14.74X Cap: $3.03B
- View VDY Profile
- View Questions on VDY
Vanguard U.S. Dividend Appreciation Index ETF (VGG $96.27)
- $96.27 Cap: $1.68B
- View VGG Profile
- View Questions on VGG
Vanguard Balanced ETF Portfolio (VBAL $34.48)
- $34.48 Fwd P/E: 20.32X Cap: $3.10B
- View VBAL Profile
- View Questions on VBAL
Vanguard Growth ETF Portfolio (VGRO $39.40)
- $39.40 Fwd P/E: 25.6X Cap: $5.95B
- View VGRO Profile
- View Questions on VGRO
Vanguard All-Equity ETF Portfolio (VEQT $48.73)
- $48.73 Fwd P/E: 12.76X Cap: $4.98B
- View VEQT Profile
- View Questions on VEQT
iShares Core Balanced ETF Portfolio (XBAL $31.19)
- $31.19 Fwd P/E: 4.14X Cap: $1.46B
- View XBAL Profile
- View Questions on XBAL
iShares Core Growth ETF Portfolio (XGRO $32.07)
- $32.07 Fwd P/E: 4.04X Cap: $2.56B
- View XGRO Profile
- View Questions on XGRO
iShares Core Equity ETF Portfolio (XEQT $36.04)
- $36.04 Fwd P/E: 20.82X Cap: $4.14B
- View XEQT Profile
- View Questions on XEQT

Q: Following up on Harrison's RESP question from February 10th, I'm seeking advice on ETF recommendations for my grandson's RESP. He turns two in March 2025, giving him approximately 16 years until he'll need the funds.
I appreciate your ETF recommendations, particularly the split between Canadian and US markets (VGG, ZSP, ZCN, XCG, VDY). I'm also considering ZUQ (BMO MSCI USA High Quality Index), but I'm wondering if it's too similar to ZSP? Your thoughts?
I do not like CDZs holdings as much.
You also mentioned two balanced ETFs in your response (XBAL and VBAL). The fixed income allocation is approximately 40% for these balanced ETFs. In contrast, XGRO and VGRO have a fixed income allocation of around 20%, and XEQT or VEQT have no fixed income. What I like about these allocation ETFs is they have some international exposure.
Considering the long-term horizon, I'm leaning towards XEQT/VEQT, which have no fixed income. My main question is whether the 20% fixed income component of XGRO/VGRO or even the XBAL/VBAL (40% fixed income) is necessary for a two-year-old’s RESP? Or are XEQT/VEQT too aggressive, considering the other ETFs mentioned?
Finally, wouldn't it be more appropriate to introduce a 100% fixed income ETF closer to the withdrawal age or perhaps three years before we start accessing the funds?
Deduct as many points as you think necessary.
As always thanks for the great advice.
Élaine

Read Answer Asked by Elaine on February 20, 2025

BMO Equal Weight US Banks Index ETF (ZBK $38.67)
- $38.67 Fwd P/E: 11.69X Cap: $892M
- View ZBK Profile
- View Questions on ZBK
BMO MSCI USA High Quality Index ETF (ZUQ $88.78)
- $88.78 Fwd P/E: 56.3X Cap: $893M
- View ZUQ Profile
- View Questions on ZUQ
Global X S&P 500 Index Corporate Class ETF (HXS $88.96)
- $88.96 Cap: $4.28B
- View HXS Profile
- View Questions on HXS
iShares Core S&P/TSX Capped Composite Index ETF (XIC $43.59)
- $43.59 Fwd P/E: 5.58X Cap: $14.24B
- View XIC Profile
- View Questions on XIC
iShares S&P/TSX 60 Index ETF (XIU $41.16)
- $41.16 Fwd P/E: 13.4X Cap: $15.41B
- View XIU Profile
- View Questions on XIU
Vanguard U.S. Dividend Appreciation Index ETF (VGG $96.27)
- $96.27 Cap: $1.68B
- View VGG Profile
- View Questions on VGG
Global X Europe 50 Index Corporate Class ETF (HXX $60.54)
- $60.54 Cap: $120M
- View HXX Profile
- View Questions on HXX
iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $32.29)
- $32.29 Fwd P/E: 25.07X Cap: $1.43B
- View XDIV Profile
- View Questions on XDIV
BMO S&P US Mid Cap Index ETF (ZMID $46.60)
- $46.60 Fwd P/E: 35.93X Cap: $311M
- View ZMID Profile
- View Questions on ZMID

Q: I have CAD to invest in Canadian-dollar denominated ETFs: (1) Canadian stocks - VGG. XIU XIC XDIV; (2) US ETFs in CAD FX - HXS ZUQ ZMID and ZBK and (3) - EU ETF - HXX. How to go about assessing one against the other. Is there a better ETF in each group you would prefer? Would appreciate guidance on which ones are keepers for long-term hold? How would you evaluate them?

Read Answer Asked by sam on February 14, 2025

BMO Equal Weight US Banks Index ETF (ZBK $38.67)
- $38.67 Fwd P/E: 11.69X Cap: $892M
- View ZBK Profile
- View Questions on ZBK
BMO MSCI USA High Quality Index ETF (ZUQ $88.78)
- $88.78 Fwd P/E: 56.3X Cap: $893M
- View ZUQ Profile
- View Questions on ZUQ
Global X S&P 500 Index Corporate Class ETF (HXS $88.96)
- $88.96 Cap: $4.28B
- View HXS Profile
- View Questions on HXS
iShares S&P/TSX 60 Index ETF (XIU $41.16)
- $41.16 Fwd P/E: 13.4X Cap: $15.41B
- View XIU Profile
- View Questions on XIU
Invesco Aerospace & Defense ETF (PPA $146.54)
- $146.54 Fwd P/E: 64.57X Cap: $6.01B
- View PPA Profile
- View Questions on PPA
Global X Europe 50 Index Corporate Class ETF (HXX $60.54)
- $60.54 Cap: $120M
- View HXX Profile
- View Questions on HXX
American Century ETF Trust (QGROQGRO)
- Fwd P/E: 29.0X
- View QGROQGRO Profile
- View Questions on QGROQGRO
ENTREPRENEURSHARES (XOVR $19.55)
- $19.55 Fwd P/E: 65.73X Cap: $460M
- View XOVR Profile
- View Questions on XOVR
BMO S&P US Mid Cap Index ETF (ZMID $46.60)
- $46.60 Fwd P/E: 35.93X Cap: $311M
- View ZMID Profile
- View Questions on ZMID
iShares U.S. Broker-Dealers ETF (IAI $174.63)
- $174.63 Fwd P/E: 36.87X Cap: $1.40B
- View IAI Profile
- View Questions on IAI
First Trust RBA American Industrial Renaissance ET (AIRR $85.00)
- $85.00 Fwd P/E: 22.37X Cap: $4.29B
- View AIRR Profile
- View Questions on AIRR
Invesco S&P 500 Momentum ETF (SPMO $113.83)
- $113.83 Fwd P/E: 56.03X Cap: $10.14B
- View SPMO Profile
- View Questions on SPMO
Evolve Canadian Utilities Enhanced Yield Index Fund (UTES $9.21)
- $9.21 Fwd P/E: 46.52X Cap: $119M
- View UTES Profile
- View Questions on UTES

Q: Part of our total portfolio is invested in ETFs [non-registered accounts] and one-third is in Canadian-based and Canadian-dollar denominated US ETFs. Another third is in US ETFs - spread among Large Cap Value, Blend and Growth, and SMID. The final third is in Special US ETF - IAI ZBK AIRR PAVE SHLD PPA SMH UTES AND HXX. Your advice is requested as to which ones to over-weight, underweight or sell. Please rank each category, if you would. My lean is less tech/ M7 as already own most.

Read Answer Asked by sam on February 10, 2025