BMO Corporate Competition

ZCB ETF

CAD 47.12 -0.24 -0.51%

BMO Corporate Bond is grouped alongside IShares IG, IShares Canadian, IShares Core, Global X, and Mackenzie Emerging within its competitive landscape. Earnings revision trends for BMO Corporate and its competitors signal where analyst sentiment is shifting.

BMO Corporate vs Global X Correlation Details

Very good diversification

Across the chosen horizon, BMO Corporate and Global X show a correlation of 0.03 and fall into the Very good diversification bucket. The overlap area shows the portion of risk that can be diversified away by holding both instruments together.

Moving together with BMO ETF

0.99	XCB	iShares Core Canadian	Pair Corr
0.99	ZCM	BMO Mid Corporate	Pair Corr
0.96	HAB	Global X Active	Pair Corr
0.98	CBH	iShares 1 10Yr	Pair Corr
0.95	NSCC	NBI Sustainable Canadian	Pair Corr

Moving Against BMO ETF

0.48

HSD

BetaPro SAMPP 500

Pair Corr

Specify up to 10 symbols:

Mean reversion analysis in BMO Corporate's involves identifying price extremes that diverge materially from the historical norm. High prices may deter value investors, while unusually low prices often attract buyers anticipating a recovery. Mean reversion in BMO Corporate is distinct from trend following, which rides momentum rather than betting on reversals.

Hype

Prediction

Low	Estimated	High
46.87	47.12	47.37

Details

Intrinsic

Valuation

Low	Real	High
46.99	47.24	47.49

Details

Naive

Forecast

Low	Next	High
47.10	47.35	47.60

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
46.85	47.62	48.40

Details

Competitive positioning is a critical dimension of BMO Corporate analysis. Benchmarking BMO Corporate's performance and risk profile against competitors validates any investment thesis. Evaluating BMO Corporate in context means comparing BMO Corporate's against the competitive peer group.

BMO Corporate Competition Correlation Matrix

Studying peer correlation around BMO Corporate Bond gives investors a cleaner read on how much independent price behavior still exists across the competitive set. The useful question is whether competitors are behaving like true alternatives or simply tracking the same sector move with different volatility.

	XIG	XRB	XCNS	HAB	QEBH	USCL	GDXU	XUT	ZLI	QQCL
XIG		0.64	0.91	0.82	0.89	0.63	0.7	-0.03	0.75	0.3	XIG
XRB	0.64		0.64	0.81	0.61	0.05	0.61	0.67	0.93	-0.28	XRB
XCNS	0.91	0.64		0.82	0.86	0.72	0.81	-0.02	0.77	0.4	XCNS
HAB	0.82	0.81	0.82		0.83	0.35	0.68	0.28	0.9	-0.06	HAB
QEBH	0.89	0.61	0.86	0.83		0.53	0.64	0.04	0.77	0.19	QEBH
USCL	0.63	0.05	0.72	0.35	0.53		0.48	-0.6	0.22	0.87	USCL
GDXU	0.7	0.61	0.81	0.68	0.64	0.48		0.13	0.67	0.3	GDXU
XUT	-0.03	0.67	-0.02	0.28	0.04	-0.6	0.13		0.51	-0.71	XUT
ZLI	0.75	0.93	0.77	0.9	0.77	0.22	0.67	0.51		-0.18	ZLI
QQCL	0.3	-0.28	0.4	-0.06	0.19	0.87	0.3	-0.71	-0.18		QQCL
	XIG	XRB	XCNS	HAB	QEBH	USCL	GDXU	XUT	ZLI	QQCL

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High positive correlations

ZLI	+ 0.93	XRB
XCNS	+ 0.91	XIG
ZLI	+ 0.9	HAB
QEBH	+ 0.89	XIG
QQCL	+ 0.87	USCL
QEBH	+ 0.86	XCNS

High negative correlations

QQCL	- 0.71	XUT
XUT	- 0.6	USCL
QQCL	- 0.28	XRB
QQCL	- 0.18	ZLI
QQCL	- 0.06	HAB
XUT	- 0.03	XIG

BMO Corporate Constituents Risk-Adjusted Indicators

Evaluating BMO ETF requires separating price momentum from underlying operating strength versus competitors. Without risk-adjusted context, investors may overweight short-term returns and underweight the volatility required to achieve them. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
XIG	0.28	-0.02	0.00	-0.17	0.00	0.00	0.56	-0.76	1.84
XRB	0.31	0.02	0.20	0.04	0.35	-0.37	0.61	-0.69	2.08
XCNS	0.36	-0.01	0.00	-0.10	0.00	0.00	0.67	-1.00	2.13
HAB	0.24	0.00	0.23	-0.04	0.26	-0.28	0.49	-0.48	1.07
QEBH	0.36	-0.03	0.00	-0.46	0.00	0.00	0.70	-0.77	2.39
USCL	0.68	0.00	0.00	-0.08	0.00	0.00	1.28	-1.67	3.99
GDXU	4.93	0.24	0.01	0.00	8.85	-3.97	8.09	-13.00	30.74
XUT	0.48	0.09	0.19	-2.21	0.79	-0.51	1.20	-0.83	4.13
ZLI	0.53	0.02	0.00	-0.03	0.00	0.00	1.04	-1.26	4.00
QQCL	0.88	-0.01	0.00	-0.08	0.00	0.00	1.48	-2.12	4.52

BMO Corporate Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	ZCB	XIG	XRB	XCNS	HAB	QEBH	USCL	GDXU	XUT	ZLI
	0.51 47.12 BMO	0.77 19.27 IShares	0.79 22.68 IShares	1.54 24.88 IShares	0.1 10.18 Global	0.42 79.07 Mackenzie	1.67 21.73 Global	7.34 100.17 BetaPro	0.29 34.79 IShares	0.63 28.61 BMO
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low
Market Performance (90 Days Performance)	Weak	Weak	Soft	Weak	Weak	Weak	Weak	Weak	Moderate	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Fair	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Strong Hold	Buy	Buy	Strong Hold	Hold	Buy	Sell	Cautious Hold	Buy
Holdings Turnover	N/A	N/A	8.4	N/A	28.35	N/A	N/A	N/A	18.83	N/A
Net Asset	29.91 M	108.01 M	497.39 M	24.98 M	588.71 M	258.53 M	N/A	N/A	120.15 M	393.33 M
Price To Book	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1.52	N/A
Five Year Return	1.9	-1.0	-0.4	5.3	2.0	0.9	N/A	N/A	7.1	6.2
One Year Return	2.8	2.5	-0.7	8.2	2.6	5.5	10.7	N/A	25.8	5.1
Last Dividend Paid	0.4	0.062	0.24	0.13	0.027	N/A	N/A	N/A	0.077	0.34
Beta	0.96	1.0	1.03	0.98	0.97	0.6	N/A	N/A	0.65	0.84
Price To Earning	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	18.89	19.85
Price To Sales	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1.59	N/A
Equity Positions Weight	N/A	N/A	N/A	41.43	N/A	0.17	N/A	N/A	99.79	99.67
Three Year Return	5.1	2.3	1.4	9.4	5.0	6.7	N/A	N/A	12.7	9.6
Annual Yield	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.0286
Bond Positions Weight	94.52	96.21	99.97	54.67	85.72	95.92	N/A	N/A	N/A	N/A
Ten Year Return	N/A	1.5	1.1	N/A	2.9	N/A	N/A	N/A	9.6	5.6
Day Typical Price	47.17	19.31	22.72	24.94	10.17	79.07	21.83	103.75	34.8	28.66
Accumulation Distribution	16.02	69.28	13.87	191.8	19.99	0.0253	451.04	7827.32	469.13	9.53
Market Facilitation Index	0.0	0.0	0.0	0.0	0.0	1.0E-4	0.0	1.0E-4	0.0	1.0E-4
Daily Balance Of Power	-1.71	-1.36	-1.64	-2.29	-0.50	-33.00	-1.19	-0.74	0.303	-1.20
Period Momentum Indicator	-0.24	-0.15	-0.18	-0.39	-0.01	-0.33	-0.37	-7.94	0.1	-0.18
Rate Of Daily Change	0.99	0.99	0.99	0.98	1.0	1.0	0.98	0.93	1.0	0.99
Day Median Price	47.19	19.33	22.74	24.97	10.17	79.07	21.88	105.54	34.81	28.69
Price Action Indicator	-0.19	-0.13	-0.14	-0.28	0.005	-0.17	-0.33	-9.34	0.035	-0.17
Relative Strength Index	41.53	39.3	46.28	39.72	43.59	41.55	42.22	41.04	60.98	42.06
Coefficient Of Variation	-7,650	-1,464	2535.18	-1,420	5954.23	-1,737	-1,595	478834.39	688.33	-71,841
Mean Deviation	0.1791	0.2826	0.3142	0.3614	0.2414	0.3602	0.6819	4.93	0.4841	0.5332
Jensen Alpha	-0.0035	-0.02	0.0193	-0.01	0.0036	-0.03	-0.0043	0.2392	0.0944	0.0195
Total Risk Alpha	0.0096	-0.0006	0.0444	9.0E-4	0.0218	0.0062	0.0163	0.6094	0.1664	0.057
Sortino Ratio	N/A	N/A	0.1955	N/A	0.2259	N/A	N/A	0.0075	0.1897	N/A
Downside Variance	N/A	N/A	0.18	N/A	0.1003	N/A	N/A	81.69	0.8455	N/A
Standard Deviation	0.2472	0.3884	0.4128	0.4954	0.2911	0.4661	0.8864	6.69	0.7422	0.7355
Kurtosis	2.04	1.47	0.8137	1.42	-0.97	0.413	0.0854	1.45	9.11	2.31
Potential Upside	0.3378	0.5589	0.6114	0.6719	0.4888	0.6998	1.28	8.09	1.2	1.04
Treynor Ratio	-0.10	-0.17	0.0371	-0.1	-0.04	-0.46	-0.08	-0.0027	-2.21	-0.03
Maximum Drawdown	1.29	1.84	2.08	2.13	1.07	2.39	3.99	30.74	4.13	4.0
Variance	0.0611	0.1509	0.1704	0.2454	0.0847	0.2172	0.7856	44.71	0.5508	0.541
Market Risk Adjusted Performance	-0.09	-0.16	0.0471	-0.09	-0.03	-0.45	-0.07	0.0073	-2.20	-0.02
Risk Adjusted Performance	-0.03	-0.07	0.0226	-0.07	-0.0046	-0.06	-0.05	0.0089	0.1193	-0.0024
Skewness	-0.76	-0.83	0.1359	-0.85	-0.05	-0.20	-0.46	-1.05	-2.07	-1.14
Semi Deviation	N/A	N/A	0.3511	N/A	0.2649	N/A	N/A	8.85	0.786	N/A
Information Ratio	0.2565	0.1033	0.2009	0.0641	0.2457	0.0854	0.0125	0.0102	0.2351	0.0892
Value At Risk	-0.44	-0.76	-0.69	-1.00	-0.48	-0.77	-1.67	-13.00	-0.83	-1.26
Expected Short fall	N/A	N/A	-0.37	N/A	-0.28	N/A	N/A	-3.97	-0.51	N/A
Downside Deviation	N/A	N/A	0.4242	N/A	0.3167	N/A	N/A	9.04	0.9195	N/A
Semi Variance	N/A	N/A	0.1232	N/A	0.0702	N/A	N/A	78.29	0.6177	N/A

BMO Corporate Competition Peer Performance Charts

How to Analyze BMO Corporate Against Peers

BMO Corporate's peer analysis compares BMO Corporate with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether BMO Corporate trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where BMO Corporate leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

Peer Comparison Metrics & Methodology

BMO Corporate has a wider economic moat score than the average competitor, based on return spread and reinvestment patterns. Peer rankings that stay stable over multiple quarters tend to reflect structural edges rather than short-term luck. Competition analysis is most useful when price, margins, leverage, and growth are read together.

Unless otherwise specified, data for BMO Corporate Bond is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day.

This content is curated and reviewed by:

Raphi Shpitalnik - Junior Member of Macroaxis Editorial Board

Last reviewed on March 16th, 2026

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BMO Corporate Competition

BMO Corporate vs Global X Correlation Details

Moving together with BMO ETF

Moving Against BMO ETF

Specify up to 10 symbols:

BMO Corporate Competition Correlation Matrix

High positive correlations

High negative correlations

BMO Corporate Constituents Risk-Adjusted Indicators

BMO Corporate Competitive Analysis

BMO Corporate Competition Peer Performance Charts

How to Analyze BMO Corporate Against Peers

Peer Comparison Metrics & Methodology

This content is curated and reviewed by:

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