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%	1.72B	Jan 2018	ZEA.TO vs QDX.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	0.23%	22.53B	Apr 2013	ZEA.TO vs XEF.TO
FLUR.NEO	Franklin International Equity Index ETF	0.27%	—	Feb 2019	ZEA.TO vs FLUR.NEO
XDSR.TO	iShares ESG Advanced MSCI EAFE Index ETF	0.28%	967.06M	Apr 2020	ZEA.TO vs XDSR.TO
XSEA.TO	iShares ESG Aware MSCI EAFE Index ETF	0.28%	368.09M	Mar 2019	ZEA.TO vs XSEA.TO

Best Risk-Adjusted Alternatives to ZEA.TO

ZEA.TO has a PortfoliosLab risk / return rank of 64. There are 9 ETFs in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 93.

Symbol	Name	Risk / Return Rank	AUM	Inception
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	93	156.05M	Oct 2014	ZEA.TO vs RIDH.TO
FCIV.TO	Fidelity International Value ETF	88	2.31B	Jun 2025	ZEA.TO vs FCIV.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	88	2.00B	Aug 2018	ZEA.TO vs VIDY.TO
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	83	150.80M	Nov 2014	ZEA.TO vs ZXM.TO
FCRI.TO	Franklin International Core Equity Fund ETF Series	80	—	Jan 2026	ZEA.TO vs FCRI.TO

Top Performing ZEA.TO Alternatives (YTD)

ZEA.TO is at 13.25% YTD. There are 9 ETFs in the Foreign Large Cap Equities category with higher YTD returns, going as high as 18.43%.

Symbol	Name	YTD Return	AUM	Inception
FCIV.TO	Fidelity International Value ETF	18.43%	2.31B	Jun 2025	ZEA.TO vs FCIV.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	16.63%	2.00B	Aug 2018	ZEA.TO vs VIDY.TO
XDSR.TO	iShares ESG Advanced MSCI EAFE Index ETF	15.63%	967.06M	Apr 2020	ZEA.TO vs XDSR.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	15.46%	156.05M	Oct 2014	ZEA.TO vs RIDH.TO
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	15.31%	150.80M	Nov 2014	ZEA.TO vs ZXM.TO

Lowest Volatility Alternatives to ZEA.TO

ZEA.TO has 14.61% 1-year volatility. There are 11 ETFs in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 8.45%.

Symbol	Name	Volatility 1Y	AUM	Inception
ZLD.TO	BMO Low Volatility International Equity Hedged to ...	8.45%	32.94M	Feb 2016	ZEA.TO vs ZLD.TO
ZLI.TO	BMO Low Volatility International Equity ETF	10.40%	284.95M	Sep 2015	ZEA.TO vs ZLI.TO
ZWE.TO	BMO Europe High Dividend Covered Call Hedged to CA...	11.08%	765.75M	Sep 2015	ZEA.TO vs ZWE.TO
TILV.TO	TD Q International Low Volatility ETF	11.29%	130.72M	May 2019	ZEA.TO vs TILV.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	12.02%	156.05M	Oct 2014	ZEA.TO vs RIDH.TO

Lowest Drawdown Alternatives to ZEA.TO

ZEA.TO has a 1-year max drawdown of -10.91%. There are 10 ETFs in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -7.09%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZLD.TO	BMO Low Volatility International Equity Hedged to ...	-7.09%	32.94M	Feb 2016	ZEA.TO vs ZLD.TO
TILV.TO	TD Q International Low Volatility ETF	-7.11%	130.72M	May 2019	ZEA.TO vs TILV.TO
ZLI.TO	BMO Low Volatility International Equity ETF	-8.37%	284.95M	Sep 2015	ZEA.TO vs ZLI.TO
FCIV.TO	Fidelity International Value ETF	-8.59%	2.31B	Jun 2025	ZEA.TO vs FCIV.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	-8.67%	156.05M	Oct 2014	ZEA.TO vs RIDH.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	1.25%	5.77B	Nov 2021	ZEA.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	78	13.65%	24.35B	Nov 2012	ZEA.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	83	14.44%	895.11M	Jan 2022	ZEA.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	36.93%	7.20B	Oct 2009	ZEA.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	90	12.95%	17.34B	May 2009	ZEA.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	38	15.43%	3.09B	Jan 2010	ZEA.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	64	19.67%	2.35B	Feb 2019	ZEA.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	53	7.89%	6.24B	Oct 2011	ZEA.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	33	1.25%	13.13B	Jan 2010	ZEA.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	98	22.62%	1.86B	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 15 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	87	14.16%	20.34B	Aug 2019	ZEA.TO vs XEQT.TO
VXC.TO	Vanguard FTSE Global All Cap ex Canada Index ETF	Global Equities	80	14.58%	3.47B	Jun 2014	ZEA.TO vs VXC.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	81	14.82%	4.49B	Feb 2015	ZEA.TO vs XAW.TO
IEFA	iShares Core MSCI EAFE ETF	Foreign Large Cap Equities	53	10.82%	187.22B	Oct 2012	ZEA.TO vs IEFA
VDU.TO	Vanguard FTSE Developed All Cap ex U.S. Index ETF	Global Equities	75	16.52%	842.01M	Aug 2013	ZEA.TO vs VDU.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	79	13.67%	34.09B	Nov 2012	ZEA.TO vs VFV.TO
VIU.TO	Vanguard FTSE Developed All Cap ex North America I...	International Equity	73	17.21%	11.04B	Dec 2015	ZEA.TO vs VIU.TO
ZID.TO	BMO MSCI India ESG Leaders Index ETF	India Equities, Asia Pacific Equities	3	-14.35%	180.89M	Jan 2010	ZEA.TO vs ZID.TO
ZDM.TO	BMO MSCI EAFE Hedged to CAD Index ETF	International Equity	69	12.44%	1.92B	Oct 2009	ZEA.TO vs ZDM.TO
VYMI	Vanguard International High Dividend Yield ETF	Dividend, Foreign Large Cap Equities	86	14.95%	20.50B	Feb 2016	ZEA.TO vs VYMI
TPE.TO	TD International Equity Index ETF	International Equity	63	13.27%	5.50B	Mar 2016	ZEA.TO vs TPE.TO
XEM.TO	iShares MSCI Emerging Markets Index ETF	Emerging Markets Equities	70	22.98%	474.45M	Jun 2009	ZEA.TO vs XEM.TO
HXQ.TO	Horizons NASDAQ-100 Index ETF	Nasdaq-100	64	19.69%	1.78B	Apr 2016	ZEA.TO vs HXQ.TO
QUU.TO	Mackenzie US Large Cap Equity Index ETF	Large Cap Blend Equities	75	13.61%	6.36B	Jan 2018	ZEA.TO vs QUU.TO
VVL.TO	Vanguard Global Value Factor ETF CAD	Global Equities	86	16.79%	800.80M	Jun 2016	ZEA.TO vs VVL.TO
XEH.TO	iShares MSCI Europe IMI Index ETF (CAD-Hedged)	Europe Equities	54	10.17%	292.04M	Apr 2014	ZEA.TO vs XEH.TO
DGRO	iShares Core Dividend Growth ETF	Large Cap Growth Equities, Dividend	86	11.40%	42.05B	Jun 2014	ZEA.TO vs DGRO
PDN	Invesco FTSE RAFI Developed Markets ex-U.S. Small-...	Foreign Small & Mid Cap Equities	48	9.29%	350.99M	Sep 2007	ZEA.TO vs PDN
ZJPN.TO	BMO Japan Index ETF	Japan Equities, Asia Pacific Equities	72	18.43%	702.59M	Jan 2022	ZEA.TO vs ZJPN.TO
TQSM.TO	TD Q U.S. Small-Mid-Cap Equity ETF	Mid Cap Value Equities	68	19.49%	973.44M	Jan 2025	ZEA.TO vs TQSM.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