Finding deals is not nearly as easy as it was earlier in the year when the markets were concerned about things other than the coronavirus pandemic.
One great option could be the BMO Low Volatility Canadian Equity ETF (TSX:ZLB). As its name suggests, this isn't a very volatile fund, averaging a beta of just 0.72. It has excellent diversification with stocks from the financial services industry making up less than 22% of its total holdings, followed by utilities at 16% and consumer defensive at another 16%. Tech stocks, which are extremely expensive these days, account for just 4% of the fund's total weight.
Utility stocks and defensive stocks are normally safe places to invest in over the long term, and they can provide great stability when the markets aren't doing well.
If you're after stability and a good payout, this ETF could be one of the better options out there for you today.