🇨🇦 Canada ETF Radar · TOR

ZUE

BMO S&P 500 Hedged to CAD Index ETF

Equity Index · Unclassified · Unclassified

Stable uptrend
Recent price path ZUE recent weekly close path 99 CAD 24 Jul 2026
Weekly Return -0.9% latest completed week
4-Week Return 0.5% short momentum
Trend Gap 3.9% Trend positive
Fair Gap 24.2% vs fair value
Volume 1.1x 104.6K latest
Market Dynamics 0.39 positive
Relative Strength -3.78 vs country ETF tape
Opportunity 15.4 composite radar score
Risk 1.7 -2.5% drawdown · 1.3% volatility
Price Action

Price, Trend Line, Fair Value

12 months
ZUE weekly price action
Price Trend Line Fair Value
Market Dynamics

Pressure, strength, volume

12 months
ZUE Market Dynamics and relative strength
Market Dynamics Relative Strength Volume
Signal View

What it shows

Above Trend Line

Balanced read: watch trend, volume, and four-week follow-through for the next clue.

Trend, drawdown, and follow-through are constructive.

ZUE sits in Equity Index, so read it as a Canada exposure first and a single ETF second.

The latest week moved -0.9%; the four-week move is 0.5%, which helps separate one-week noise from actual follow-through.

Trend is positive, volume is running at 1.1x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • Price is above fair value with a positive trend setup
Risk Signals

What needs caution

  • Momentum is fading after a stronger short-term run
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 HCA · TOR Hamilton Canadian Bank Mean Reversion Index ETF 🇨🇦 Canada · Equity Index Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -2.8% 4W 0.4% Vol 1.7x -2.8% 2 ZBK · TOR BMO Equal Weight US Banks Index ETF 🇨🇦 Canada · Equity Index Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.3% 4W 1.6% Vol 1.6x 0.3% 3 PXC · TOR Invesco RAFI Canadian Index ETF 🇨🇦 Canada · Equity Index Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.5% 4W 4.0% Vol 0.3x 0.5% 4 CIEH · TOR CIBC MSCI EAFE Equity Index ETF (CAD-Hedged) 🇨🇦 Canada · Equity Index Trend and recent returns are aligned, so demand is still moving in the same direction. Week 1.2% 4W 0.6% Vol 1.8x 1.2% 5 ZCN · TOR BMO S&P/TSX Capped Composite Index ETF 🇨🇦 Canada · Equity Index Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.3% 4W 1.2% Vol 2.1x 0.3% 6 ZEB · TOR BMO Equal Weight Banks Index ETF 🇨🇦 Canada · Equity Index Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week -2.3% 4W 1.9% Vol 1.2x -2.3% 7 HEB · TOR HAMILTON CHAMPIONS Canadian Bank Equal-Weight Index ETF 🇨🇦 Canada · Equity Index Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week -2.5% 4W 1.7% Vol 0.7x -2.5% 8 QCN · TOR Mackenzie Canadian Equity Index ETF 🇨🇦 Canada · Equity Index Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.2% 4W 1.2% Vol 1.6x 0.2% 9 DMEC · TOR Desjardins Canadian Equity Index ETF 🇨🇦 Canada · Equity Index Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.4% 4W 1.4% Vol 1.6x 0.4% 10 TLV · TOR Invesco S&P/TSX Composite Low Volatility Index ETF 🇨🇦 Canada · Equity Index Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week -0.3% 4W 1.8% Vol 0.3x -0.3%
Latest Event

Historical signal events

Recent Trend Line crossings and Market Dynamics buy signals from the weekly history.

6 Mar 2026 Broke below Trend Line 91 CAD · -2.1%
10 Apr 2026 Crossed above Trend Line 92 CAD · 3.5%
ZUE

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
1 Aug 2025 85 CAD 80 CAD 67 CAD % 0.89 -1.56 63.8K
8 Aug 2025 87 CAD 80 CAD 67 CAD 2.5% 0.88 -1.73 44.9K
15 Aug 2025 88 CAD 81 CAD 68 CAD 0.9% 1.00 -1.27 67.7K
22 Aug 2025 88 CAD 81 CAD 68 CAD 0.3% 1.04 -2.35 68.4K
29 Aug 2025 88 CAD 81 CAD 68 CAD -0.2% 1.18 -3.22 44.2K
5 Sep 2025 88 CAD 81 CAD 68 CAD 0.3% 1.23 -4.39 39.2K
12 Sep 2025 89 CAD 81 CAD 69 CAD 1.7% 1.30 -3.46 92.3K
19 Sep 2025 90 CAD 82 CAD 69 CAD 1.2% 1.48 -3.75 132.4K
26 Sep 2025 90 CAD 82 CAD 69 CAD -0.3% 1.47 -3.90 71.2K
3 Oct 2025 91 CAD 82 CAD 69 CAD 1.1% 1.50 -4.93 66.3K
10 Oct 2025 89 CAD 83 CAD 70 CAD -2.5% 1.21 -5.24 118.5K
17 Oct 2025 90 CAD 83 CAD 70 CAD 1.7% 0.94 -4.31 125.5K
24 Oct 2025 92 CAD 84 CAD 70 CAD 1.9% 0.91 -3.14 107.2K
31 Oct 2025 93 CAD 84 CAD 70 CAD 0.7% 0.93 -2.07 129.0K
7 Nov 2025 91 CAD 85 CAD 71 CAD -1.7% 1.01 -2.47 133.4K
14 Nov 2025 91 CAD 86 CAD 71 CAD 0.1% 0.94 -3.58 148.1K
21 Nov 2025 90 CAD 86 CAD 71 CAD -2.0% 0.62 -4.83 266.9K
28 Nov 2025 93 CAD 87 CAD 71 CAD 3.7% 0.32 -4.96 98.9K
5 Dec 2025 93 CAD 87 CAD 72 CAD 0.2% 0.13 -4.36 80.9K
12 Dec 2025 92 CAD 88 CAD 72 CAD -0.7% -0.05 -5.47 119.4K
19 Dec 2025 93 CAD 88 CAD 72 CAD 0.1% -0.09 -5.81 123.5K
26 Dec 2025 94 CAD 89 CAD 72 CAD 1.4% -0.18 -5.03 22.0K
2 Jan 2026 93 CAD 89 CAD 73 CAD -1.2% -0.36 -5.66 58.7K
9 Jan 2026 94 CAD 89 CAD 73 CAD 1.6% -0.39 -6.14 76.6K
16 Jan 2026 94 CAD 90 CAD 73 CAD -0.4% -0.32 -7.46 65.0K
23 Jan 2026 93 CAD 90 CAD 73 CAD -0.4% -0.36 -7.90 97.5K
30 Jan 2026 94 CAD 90 CAD 74 CAD 0.4% -0.32 -3.86 112.5K
6 Feb 2026 94 CAD 91 CAD 74 CAD -0.2% -0.34 -5.47 222.6K
13 Feb 2026 92 CAD 91 CAD 74 CAD -1.4% -0.59 -8.18 149.8K
20 Feb 2026 93 CAD 91 CAD 74 CAD 1.1% -0.65 -8.93 124.2K
27 Feb 2026 93 CAD 91 CAD 75 CAD -0.4% -0.62 -10.44 112.6K
6 Mar 2026 91 CAD 91 CAD 75 CAD -2.1% -0.75 -8.71 369.6K
13 Mar 2026 89 CAD 92 CAD 75 CAD -1.6% -0.72 -8.44 273.8K
20 Mar 2026 88 CAD 92 CAD 75 CAD -1.9% -0.89 -6.49 74.0K
27 Mar 2026 86 CAD 91 CAD 75 CAD -2.3% -0.99 -10.25 312.7K
3 Apr 2026 89 CAD 92 CAD 76 CAD 3.4% -1.13 -10.27 271.1K
10 Apr 2026 92 CAD 92 CAD 76 CAD 3.5% -1.04 -8.52 175.8K
17 Apr 2026 96 CAD 92 CAD 76 CAD 4.3% -0.67 -6.24 155.5K
24 Apr 2026 96 CAD 92 CAD 76 CAD 0.5% -0.33 -4.42 185.6K
1 May 2026 97 CAD 92 CAD 77 CAD 0.6% 0.21 -3.65 474.5K
8 May 2026 99 CAD 92 CAD 77 CAD 2.3% 0.54 -1.92 111.6K
15 May 2026 99 CAD 93 CAD 77 CAD 0.3% 0.72 -0.84 122.5K
22 May 2026 100 CAD 93 CAD 77 CAD 0.9% 0.82 -1.71 108.6K
29 May 2026 102 CAD 93 CAD 78 CAD 1.4% 0.82 -1.05 242.4K
5 Jun 2026 99 CAD 94 CAD 78 CAD -2.5% 0.77 -2.43 36.2K
12 Jun 2026 99 CAD 94 CAD 78 CAD 0.5% 0.72 -3.29 91.0K
19 Jun 2026 101 CAD 94 CAD 79 CAD 1.1% 0.67 -2.24 16.2K
26 Jun 2026 99 CAD 94 CAD 79 CAD -1.9% 0.55 -3.93 164.8K
3 Jul 2026 101 CAD 95 CAD 79 CAD 2.8% 0.62 -1.82 57.8K
10 Jul 2026 101 CAD 95 CAD 79 CAD 0.1% 0.67 -1.75 44.1K
17 Jul 2026 100 CAD 95 CAD 80 CAD -1.4% 0.61 -2.87 72.0K
24 Jul 2026 99 CAD 95 CAD 80 CAD -0.9% 0.39 -3.78 104.6K