ZEA.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to ZEA.TO

ZEA.TO charges 0.22% annually. There is 1 ETF in the Foreign Large Cap Equities category with a lower expense ratio, going as low as 0.17%.

Symbol	Name	Expense Ratio	AUM	Inception
QDX.TO	Mackenzie International Equity Index ETF	0.17%	1.67B	Jan 2018	ZEA.TO vs QDX.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	0.23%	22.44B	Apr 2013	ZEA.TO vs XEF.TO
FLUR.NEO	Franklin International Equity Index ETF	0.27%	—	Feb 2019	ZEA.TO vs FLUR.NEO
XSEA.TO	iShares ESG Aware MSCI EAFE Index ETF	0.28%	366.74M	Mar 2019	ZEA.TO vs XSEA.TO
XDSR.TO	iShares ESG Advanced MSCI EAFE Index ETF	0.28%	382.27M	Apr 2020	ZEA.TO vs XDSR.TO

Best Risk-Adjusted Alternatives to ZEA.TO

ZEA.TO has a PortfoliosLab risk / return rank of 54. There are 7 ETFs in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 90.

Symbol	Name	Risk / Return Rank	AUM	Inception
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	90	149.91M	Oct 2014	ZEA.TO vs RIDH.TO
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	82	155.25M	Nov 2014	ZEA.TO vs ZXM.TO
FCIV.TO	Fidelity International Value ETF	77	2.19B	Jun 2025	ZEA.TO vs FCIV.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	75	1.90B	Aug 2018	ZEA.TO vs VIDY.TO
FLUR.NEO	Franklin International Equity Index ETF	56	—	Feb 2019	ZEA.TO vs FLUR.NEO

Top Performing ZEA.TO Alternatives (YTD)

ZEA.TO is at 12.12% YTD. There are 7 ETFs in the Foreign Large Cap Equities category with higher YTD returns, going as high as 16.04%.

Symbol	Name	YTD Return	AUM	Inception
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	16.04%	155.25M	Nov 2014	ZEA.TO vs ZXM.TO
FCIV.TO	Fidelity International Value ETF	14.83%	2.19B	Jun 2025	ZEA.TO vs FCIV.TO
XDSR.TO	iShares ESG Advanced MSCI EAFE Index ETF	14.81%	382.27M	Apr 2020	ZEA.TO vs XDSR.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	13.09%	1.90B	Aug 2018	ZEA.TO vs VIDY.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	13.07%	149.91M	Oct 2014	ZEA.TO vs RIDH.TO

Lowest Volatility Alternatives to ZEA.TO

ZEA.TO has 14.51% 1-year volatility. There are 8 ETFs in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 10.46%.

Symbol	Name	Volatility 1Y	AUM	Inception
ZLI.TO	BMO Low Volatility International Equity ETF	10.46%	291.46M	Sep 2015	ZEA.TO vs ZLI.TO
ZWE.TO	BMO Europe High Dividend Covered Call Hedged to CA...	11.14%	764.75M	Sep 2015	ZEA.TO vs ZWE.TO
TILV.TO	TD Q International Low Volatility ETF	11.37%	135.17M	May 2019	ZEA.TO vs TILV.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	12.12%	149.91M	Oct 2014	ZEA.TO vs RIDH.TO
FCIL.NEO	Fidelity International Low Volatility ETF	12.23%	—	Jan 2019	ZEA.TO vs FCIL.NEO

Lowest Drawdown Alternatives to ZEA.TO

ZEA.TO has a 1-year max drawdown of -10.91%. There are 9 ETFs in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -7.11%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
TILV.TO	TD Q International Low Volatility ETF	-7.11%	135.17M	May 2019	ZEA.TO vs TILV.TO
ZLI.TO	BMO Low Volatility International Equity ETF	-8.37%	291.46M	Sep 2015	ZEA.TO vs ZLI.TO
FCIV.TO	Fidelity International Value ETF	-8.59%	2.19B	Jun 2025	ZEA.TO vs FCIV.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	-8.67%	149.91M	Oct 2014	ZEA.TO vs RIDH.TO
FCIL.NEO	Fidelity International Low Volatility ETF	-9.17%	—	Jan 2019	ZEA.TO vs FCIL.NEO

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	ZEA.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	73	11.92%	24.23B	Nov 2012	ZEA.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	80	13.34%	846.16M	Jan 2022	ZEA.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	30.07%	6.15B	Oct 2009	ZEA.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	83	10.54%	16.91B	May 2009	ZEA.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	39	14.23%	3.24B	Jan 2010	ZEA.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	68	20.05%	2.39B	Feb 2019	ZEA.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	51	7.81%	6.18B	Oct 2011	ZEA.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	24	2.21%	12.97B	Jan 2010	ZEA.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	19.41%	1.83B	Oct 2011	ZEA.TO vs ZDV.TO

Often Compared With ZEA.TO

Investors most often compare ZEA.TO with XEQT.TO, VXC.TO, XAW.TO. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	81	12.77%	19.56B	Aug 2019	ZEA.TO vs XEQT.TO
VXC.TO	Vanguard FTSE Global All Cap ex Canada Index ETF	Global Equities	77	14.02%	3.45B	Jun 2014	ZEA.TO vs VXC.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	78	14.12%	4.47B	Feb 2015	ZEA.TO vs XAW.TO
IEFA	iShares Core MSCI EAFE ETF	Foreign Large Cap Equities	41	8.31%	187.61B	Oct 2012	ZEA.TO vs IEFA
VDU.TO	Vanguard FTSE Developed All Cap ex U.S. Index ETF	Global Equities	71	17.20%	833.59M	Aug 2013	ZEA.TO vs VDU.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	74	11.92%	32.85B	Nov 2012	ZEA.TO vs VFV.TO
VIU.TO	Vanguard FTSE Developed All Cap ex North America I...	International Equity	69	18.03%	10.65B	Dec 2015	ZEA.TO vs VIU.TO
ZID.TO	BMO MSCI India ESG Leaders Index ETF	Asia Pacific Equities	3	-12.86%	182.61M	Jan 2010	ZEA.TO vs ZID.TO
VYMI	Vanguard International High Dividend Yield ETF	Dividend, Foreign Large Cap Equities	69	10.71%	20.50B	Feb 2016	ZEA.TO vs VYMI
XEM.TO	iShares MSCI Emerging Markets Index ETF	Emerging Markets Equities	77	27.52%	474.06M	Jun 2009	ZEA.TO vs XEM.TO
ZDM.TO	BMO MSCI EAFE Hedged to CAD Index ETF	International Equity	63	11.06%	1.89B	Oct 2009	ZEA.TO vs ZDM.TO
TPE.TO	TD International Equity Index ETF	International Equity	53	11.97%	5.41B	Mar 2016	ZEA.TO vs TPE.TO
HXQ.TO	Horizons NASDAQ-100 Index ETF	Nasdaq-100	68	20.11%	1.82B	Apr 2016	ZEA.TO vs HXQ.TO
QUU.TO	Mackenzie US Large Cap Equity Index ETF	Large Cap Blend Equities	71	12.05%	6.24B	Jan 2018	ZEA.TO vs QUU.TO
XEH.TO	iShares MSCI Europe IMI Index ETF (CAD-Hedged)	Europe Equities	47	8.86%	293.06M	Apr 2014	ZEA.TO vs XEH.TO
VVL.TO	Vanguard Global Value Factor ETF CAD	Global Equities	77	13.72%	751.34M	Jun 2016	ZEA.TO vs VVL.TO
DGRO	iShares Core Dividend Growth ETF	Large Cap Growth Equities, Dividend	78	9.37%	41.89B	Jun 2014	ZEA.TO vs DGRO
PDN	Invesco FTSE RAFI Developed Markets ex-U.S. Small-...	Foreign Small & Mid Cap Equities	43	7.15%	358.66M	Sep 2007	ZEA.TO vs PDN
TQSM.TO	TD Q U.S. Small-Mid-Cap Equity ETF	Mid Cap Value Equities	66	19.53%	923.16M	Jan 2025	ZEA.TO vs TQSM.TO
ZJPN.TO	BMO Japan Index ETF	Japan Equities	62	18.09%	705.00M	Jan 2022	ZEA.TO vs ZJPN.TO

Compare ZEA.TO with Any Fund or Stock

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

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Diversifiers

Pair ZEA.TO with funds that move differently

BMO MSCI EAFE Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZEA.TO.

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BMO MSCI EAFE Index ETF (ZEA.TO) Alternatives