BMO etf ZWU, ZLB AND ZUH

I actually like two of these 3 funds. I'm not a huge fan of ZWU, especially if utilities are near a bottom. In the event of a bull market in the utility sector ZWU will likely underperform due to its covered call nature.
The healthcare ETF is in a drawdown since 2021 likely due to the fading of COVID related products and just pressure on high debt healthcare companies in general. However, its got some rock solid holdings in it and although it isn't equal weight, its not heavily weighted towards any particular healthcare company which should help in reducing volatility.

ZLB is a great ETF. A great makeup of companies that have outperformed the TSX by a wide margin over the long term. Because it is low volatility does contain a lot of utilities, blue chip financial companies and telecoms, among other rate sensitive options. So if rates do stay elevated for longer, I could see this one underperforming a bit relatively to the TSX but I'm not sure I'd be in any rush to go out and sell it.