ZXLB
BMO SPDR MATERIALS SELECT SECTOR INDEX ETF
stock TSE

Wow you are insufferable.
Why would I want to look at your posting history? For all intents and purposes you are an anonymous on the internet, so is the OP and so am I.
Second, I don't care in which department you work for, your interests are on the outset aligned with Big Blue. Otherwise, why are you telling people to *not to worry about the liquidity* of ETFs that are **25-30 times SMALLER in AUM** than the main ones at Vanguard / Blackrock!?
Just out of a whim, 200M$ in AUM is essentially trivial-to-ZERO institutional demand for the ETF. This is probably all retail holding the bag.
In comparison, did a quick-check of my Nesbitt Burns account, and I have about 10 Z-ETFs. Why? Probably because they were packaged in funds my advisor recommended, and probably to grease the wheels of the bank. *Would I get those in any other situation*? **Absolutely not**. But my own inertia does wonders to BMO's balance sheet.
And why are you defending microscopic ETFs such as ZXLB if it's not to promote it? I advise against them because they can be shut down due to the low AUM. To promote them to retail is basically bad faith.
From your own press on recent ETF terminations:
[https://newsroom.bmo.com/2025-02-12-BMO-Announces-Proposed-Termination-of-Certain-BMO-ETFs-and-Certain-BMO-Mutual-Funds](https://newsroom.bmo.com/2025-02-12-BMO-Announces-Proposed-Termination-of-Certain-BMO-ETFs-and-Certain-BMO-Mutual-Funds)
So in short, *ceteris paribus*, **go for the larger funds**, unless the smaller one - ZEQT - *offers an edge*, which on the outset **it doesn't**.
And yes for phantom bids. I buy/sell using limit orders only and have enough of my limited experience to notice when I put my order on the bid/ask price and *magically no one is there to hit me* even though multiple lots were there before my order.
This discussion has delved *far beyond pointless*, and at the end of the day **I don't care where you or the OP invest**. I gave my opinion on the matter (the **original** reply) and stand by it, whether you like it or not.
I have nothing further to contribute and I'm not replying beyond this point.

Wow you are insufferable.
Why would I want to look at your posting history? For all intents and purposes you are an anonymous on the internet, so is the OP and so am I.
Second, I don't care in which department you work for, your interests are on the outset aligned with Big Blue. Otherwise, why are you telling people to *not to worry about the liquidity* of ETFs that are **25-30 times SMALLER in AUM** than the main ones at Vanguard / Blackrock!?
Just out of a whim, 200M$ in AUM is essentially trivial-to-ZERO institutional demand for the ETF. This is probably all retail holding the bag.
In comparison, did a quick-check of my Nesbitt Burns account, and I have about 10 Z-ETFs. Why? Probably because they were packaged in funds my advisor recommended, and probably to grease the wheels of the bank. *Would I get those in any other situation*? **Absolutely not**. But my own inertia does wonders to BMO's balance sheet.
And why are you defending microscopic ETFs such as ZXLB if it's not to promote it? I advise against them because they can be shut down due to the low AUM. To promote them to retail is basically bad faith.
From your own press on recent ETF terminations:
[https://newsroom.bmo.com/2025-02-12-BMO-Announces-Proposed-Termination-of-Certain-BMO-ETFs-and-Certain-BMO-Mutual-Funds](https://newsroom.bmo.com/2025-02-12-BMO-Announces-Proposed-Termination-of-Certain-BMO-ETFs-and-Certain-BMO-Mutual-Funds)
So in short, *ceteris paribus*, **go for the larger funds**, unless the smaller one - ZEQT - *offers an edge*, which on the outset **it doesn't**.
And yes for phantom bids. I buy/sell using limit orders only and have enough of my limited experience to notice when I put my order on the bid/ask price and *magically no one is there to hit me* even though multiple lots were there before my order.
This discussion has delved *far beyond pointless*, and at the end of the day **I don't care where you or the OP invest**. I gave my opinion on the matter (the **original** reply) and stand by it, whether you like it or not.
I have nothing further to contribute and I'm not replying beyond this point.