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Low Risk ETFs with Great Returns! BMO ETFs Low Volatility ETFs: ZLB \u0026 ZLUThe ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weight average of the fund's 3, 5, and 10 year (Morningstar. This fund's objective is to provide a balanced portfolio by investing primarily in exchange traded funds that invest in fixed income and equity securities. Quick Links. Investment products � Fund performance � Insights � Responsible Investing � Advisor Login � Newsroom � Careers. Documents. Regulatory documents.