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%	5.54B	Jun 2017	ZDY.TO vs XDIV.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	0.16%	98.63M	Jun 2017	ZDY.TO vs XDUH.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	0.16%	294.27M	Jun 2017	ZDY.TO vs XDU.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 38. There are 18 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	5.54B	Jun 2017	ZDY.TO vs XDIV.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	98	370.26M	Apr 2023	ZDY.TO vs TBNK.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	95	376.10M	Sep 2018	ZDY.TO vs FCCD.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	93	—	Jan 2025	ZDY.TO vs CWIN.TO

Top Performing ZDY.TO Alternatives (YTD)

ZDY.TO is at 18.51% YTD. There are 5 ETFs in the Dividend category with higher YTD returns, going as high as 30.09%.

Symbol	Name	YTD Return	AUM	Inception
TBNK.TO	TD Canadian Bank Dividend Index ETF	30.09%	370.26M	Apr 2023	ZDY.TO vs TBNK.TO
DXU.TO	Dynamic Active U.S. Dividend ETF	27.19%	82.94M	Sep 2024	ZDY.TO vs DXU.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	23.93%	7.99B	Nov 2012	ZDY.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	20.61%	5.54B	Jun 2017	ZDY.TO vs XDIV.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	20.08%	—	Jan 2025	ZDY.TO vs CWIN.TO

Lowest Volatility Alternatives to ZDY.TO

ZDY.TO has 12.95% 1-year volatility. There are 13 ETFs in the Dividend category with lower 1-year volatility, going as low as 6.92%.

Symbol	Name	Volatility 1Y	AUM	Inception
PDIV.TO	Purpose Enhanced Dividend Fund ETF	6.92%	223.90M	Jan 2018	ZDY.TO vs PDIV.TO
VUDV.TO	Vanguard U.S. High Dividend Yield Index ETF	8.02%	—	Mar 2026	ZDY.TO vs VUDV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	8.38%	7.99B	Nov 2012	ZDY.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	8.46%	5.54B	Jun 2017	ZDY.TO vs XDIV.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	8.57%	376.10M	Sep 2018	ZDY.TO vs FCCD.TO

Lowest Drawdown Alternatives to ZDY.TO

ZDY.TO has a 1-year max drawdown of -11.53%. There are 19 ETFs in the Dividend category with shallower 1-year drawdowns, going as shallow as -2.78%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	-2.78%	5.54B	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	-5.27%	223.90M	Jan 2018	ZDY.TO vs PDIV.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	-5.67%	376.10M	Sep 2018	ZDY.TO vs FCCD.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	-6.08%	98.63M	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 8 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	99	1.11%	5.68B	Nov 2021	ZDY.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	73	11.92%	24.23B	Nov 2012	ZDY.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	80	13.34%	846.16M	Jan 2022	ZDY.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	30.07%	6.15B	Oct 2009	ZDY.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	83	10.54%	16.91B	May 2009	ZDY.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	39	14.23%	3.24B	Jan 2010	ZDY.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	68	20.05%	2.39B	Feb 2019	ZDY.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	51	7.81%	6.18B	Oct 2011	ZDY.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	24	2.21%	12.97B	Jan 2010	ZDY.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	19.41%	1.83B	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 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	77	16.62%	99.95B	Oct 2011	ZDY.TO vs SCHD
ZLU.TO	BMO Low Volatility US Equity ETF (CAD)	Large Cap Blend Equities	37	12.59%	2.41B	Mar 2013	ZDY.TO vs ZLU.TO
VIG	Vanguard Dividend Appreciation ETF	Dividend	55	7.01%	127.80B	Apr 2006	ZDY.TO vs VIG
ZGRO.TO	BMO Growth ETF	Global Allocation, Diversified Portfolio	78	10.93%	767.07M	Feb 2019	ZDY.TO vs ZGRO.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	97	23.00%	4.13B	Apr 2011	ZDY.TO vs XEI.TO
TPU.TO	TD U.S. Equity Index ETF	Large Cap Blend Equities	72	12.05%	5.97B	Mar 2016	ZDY.TO vs TPU.TO
JEPQ	JPMorgan Nasdaq Equity Premium Income ETF	Nasdaq-100, Derivative Income	64	7.54%	40.03B	May 2022	ZDY.TO vs JEPQ
VGG.TO	Vanguard U.S. Dividend Appreciation Index ETF	Dividend, Large Cap Blend Equities	71	10.76%	2.46B	Aug 2013	ZDY.TO vs VGG.TO
ZDI.TO	BMO International Dividend ETF	International Equity	47	12.33%	873.50M	Nov 2014	ZDY.TO vs ZDI.TO
XSMC.TO	iShares S&P U.S. Small-Cap Index ETF	Small Cap Blend Equities	82	24.94%	97.64M	Sep 2019	ZDY.TO vs XSMC.TO
CDZ.TO	iShares S&P/TSX Canadian Dividend Aristocrats Inde...	Canada Equities	52	8.97%	1.23B	Sep 2006	ZDY.TO vs CDZ.TO
XHU.TO	iShares U.S. High Dividend Equity Index ETF	Large Cap Blend Equities, Dividend	19	10.26%	187.12M	Feb 2015	ZDY.TO vs XHU.TO
JEPI	JPMorgan Equity Premium Income ETF	Dividend, Derivative Income	26	1.33%	44.26B	May 2020	ZDY.TO vs JEPI
XHD.TO	iShares U.S. High Dividend Equity Index ETF (CAD-H...	Large Cap Blend Equities, Dividend	16	12.83%	220.53M	Aug 2012	ZDY.TO vs XHD.TO
ETSX.TO	Evolve S&P/TSX 60 Enhanced Yield Fund CAD Unhedged	Large Cap Blend Equities	80	7.80%	211.72M	Jan 2023	ZDY.TO vs ETSX.TO
CDIV.TO	Manulife Smart Dividend ETF	Dividend	48	13.99%	—	Nov 2020	ZDY.TO vs CDIV.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	74	11.92%	32.85B	Nov 2012	ZDY.TO vs VFV.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	88	11.33%	22.98B	Sep 1999	ZDY.TO vs XIU.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	47	10.92%	1.30B	Nov 2014	ZDY.TO vs ZUQ.TO
QUU.TO	Mackenzie US Large Cap Equity Index ETF	Large Cap Blend Equities	71	12.05%	6.24B	Jan 2018	ZDY.TO vs QUU.TO

Compare ZDY.TO with Any Fund or Stock

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

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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