ZDY.TO Alternatives & Similar ETFs

BMO US Dividend ETF (CAD) (ZDY.TO) belongs to the Dividend category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZDY.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZDY.TO

ZDY.TO charges 0.30% annually. There are 8 ETFs in the Dividend category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
ZDIV.TO	BMO MSCI Canada IMI High Dividend Yield Index ETF	0.09%	—	Feb 2026	ZDY.TO vs ZDIV.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	0.11%	5.25B	Jun 2017	ZDY.TO vs XDIV.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	0.16%	286.82M	Jun 2017	ZDY.TO vs XDU.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	0.16%	98.69M	Jun 2017	ZDY.TO vs XDUH.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	0.22%	7.99B	Nov 2012	ZDY.TO vs VDY.TO

Best Risk-Adjusted Alternatives to ZDY.TO

ZDY.TO has a PortfoliosLab risk / return rank of 71. There are 8 ETFs in the Dividend category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	98	7.99B	Nov 2012	ZDY.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	98	5.25B	Jun 2017	ZDY.TO vs XDIV.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	96	340.80M	Apr 2023	ZDY.TO vs TBNK.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	94	365.90M	Sep 2018	ZDY.TO vs FCCD.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	83	—	Jan 2025	ZDY.TO vs CWIN.TO

Top Performing ZDY.TO Alternatives (YTD)

ZDY.TO is at 18.13% YTD. There are 4 ETFs in the Dividend category with higher YTD returns, going as high as 27.69%.

Symbol	Name	YTD Return	AUM	Inception
DXU.TO	Dynamic Active U.S. Dividend ETF	27.69%	82.94M	Sep 2024	ZDY.TO vs DXU.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	20.59%	7.99B	Nov 2012	ZDY.TO vs VDY.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	19.17%	340.80M	Apr 2023	ZDY.TO vs TBNK.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	19.17%	5.25B	Jun 2017	ZDY.TO vs XDIV.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	15.75%	—	Jan 2025	ZDY.TO vs CWIN.TO

Lowest Volatility Alternatives to ZDY.TO

ZDY.TO has 11.85% 1-year volatility. There are 13 ETFs in the Dividend category with lower 1-year volatility, going as low as 6.79%.

Symbol	Name	Volatility 1Y	AUM	Inception
PDIV.TO	Purpose Enhanced Dividend Fund ETF	6.79%	212.60M	Jan 2018	ZDY.TO vs PDIV.TO
VUDV.TO	Vanguard U.S. High Dividend Yield Index ETF	7.57%	—	Mar 2026	ZDY.TO vs VUDV.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	7.85%	5.25B	Jun 2017	ZDY.TO vs XDIV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	8.21%	7.99B	Nov 2012	ZDY.TO vs VDY.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	8.37%	365.90M	Sep 2018	ZDY.TO vs FCCD.TO

Lowest Drawdown Alternatives to ZDY.TO

ZDY.TO has a 1-year max drawdown of -6.78%. There are 8 ETFs in the Dividend category with shallower 1-year drawdowns, going as shallow as -2.33%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	-2.33%	5.25B	Jun 2017	ZDY.TO vs XDIV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	-3.12%	7.99B	Nov 2012	ZDY.TO vs VDY.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	-5.22%	212.60M	Jan 2018	ZDY.TO vs PDIV.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	-5.67%	365.90M	Sep 2018	ZDY.TO vs FCCD.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	-6.08%	98.69M	Jun 2017	ZDY.TO vs XDUH.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 7 categories. AUM among these funds goes as high as $24B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	100	0.95%	5.70B	Nov 2021	ZDY.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	Nov 2012	ZDY.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	13.04%	789.04M	Jan 2022	ZDY.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	19.22%	5.16B	Oct 2009	ZDY.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.70%	16.67B	May 2009	ZDY.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	67	19.82%	3.25B	Jan 2010	ZDY.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	74	22.76%	2.28B	Feb 2019	ZDY.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	ZDY.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.80B	Jan 2010	ZDY.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	Oct 2011	ZDY.TO vs ZDV.TO

Often Compared With ZDY.TO

Investors most often compare ZDY.TO with SCHD, ZLU.TO, VIG. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	80	19.01%	94.95B	Oct 2011	ZDY.TO vs SCHD
ZLU.TO	BMO Low Volatility US Equity ETF (CAD)	Large Cap Blend Equities	26	9.40%	2.35B	Mar 2013	ZDY.TO vs ZLU.TO
VIG	Vanguard Dividend Appreciation ETF	Dividend	56	7.57%	124.70B	Apr 2006	ZDY.TO vs VIG
ZGRO.TO	BMO Growth ETF	Large Cap Growth Equities	73	10.53%	740.00M	Feb 2019	ZDY.TO vs ZGRO.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	22.21%	4.02B	Apr 2011	ZDY.TO vs XEI.TO
TPU.TO	TD U.S. Equity Index ETF	Large Cap Blend Equities	73	12.48%	5.84B	Mar 2016	ZDY.TO vs TPU.TO
JEPQ	JPMorgan Nasdaq Equity Premium Income ETF	Nasdaq-100, Derivative Income	74	9.54%	39.63B	May 2022	ZDY.TO vs JEPQ
VGG.TO	Vanguard U.S. Dividend Appreciation Index ETF	Dividend, Large Cap Blend Equities	59	8.57%	2.46B	Aug 2013	ZDY.TO vs VGG.TO
ZDI.TO	BMO International Dividend ETF	International Equity	46	10.68%	847.71M	Nov 2014	ZDY.TO vs ZDI.TO
XSMC.TO	iShares S&P U.S. Small-Cap Index ETF	Small Cap Blend Equities	62	16.67%	91.75M	Sep 2019	ZDY.TO vs XSMC.TO
CDZ.TO	iShares S&P/TSX Canadian Dividend Aristocrats Inde...	Canada Equities	84	13.46%	1.22B	Sep 2006	ZDY.TO vs CDZ.TO
XHU.TO	iShares U.S. High Dividend Equity Index ETF	Large Cap Blend Equities, Dividend	32	13.95%	184.48M	Feb 2015	ZDY.TO vs XHU.TO
JEPI	JPMorgan Equity Premium Income ETF	Dividend, Derivative Income	26	0.15%	44.59B	May 2020	ZDY.TO vs JEPI
XHD.TO	iShares U.S. High Dividend Equity Index ETF (CAD-H...	Large Cap Blend Equities, Dividend	30	11.94%	225.36M	Aug 2012	ZDY.TO vs XHD.TO
CDIV.TO	Manulife Smart Dividend ETF	Dividend	81	14.31%	—	Nov 2020	ZDY.TO vs CDIV.TO
ETSX.TO	Evolve S&P/TSX 60 Enhanced Yield Fund CAD Unhedged	Large Cap Blend Equities	75	7.49%	204.58M	Jan 2023	ZDY.TO vs ETSX.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	74	12.30%	32.85B	Nov 2012	ZDY.TO vs VFV.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	82	10.14%	22.52B	Sep 1999	ZDY.TO vs XIU.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	41	9.39%	1.24B	Nov 2014	ZDY.TO vs ZUQ.TO
BRKY.NEO	Berkshire Hathaway Yield Shares Purpose ETF	Large Cap Blend Equities	3	-6.85%	51.20M	Dec 2022	ZDY.TO vs BRKY.NEO

Compare ZDY.TO with Any Fund or Stock

Compare ZDY.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair ZDY.TO with funds that move differently

BMO US Dividend ETF (CAD) alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZDY.TO.

Explore ZDY.TO Diversifiers

BMO US Dividend ETF (CAD) (ZDY.TO) Alternatives