ZLD.TO Alternatives & Similar ETFs

BMO Low Volatility International Equity Hedged to CAD ETF (ZLD.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 ZLD.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZLD.TO

ZLD.TO charges 0.45% annually. There are 21 ETFs in the Foreign Large Cap Equities category with lower expense ratios, going as low as 0.11%.

Symbol	Name	Expense Ratio	AUM	Inception
FCRI.TO	Franklin International Core Equity Fund ETF Series	0.11%	—	Jun 2025	ZLD.TO vs FCRI.TO
QDX.TO	Mackenzie International Equity Index ETF	0.17%	1.69B	Jan 2018	ZLD.TO vs QDX.TO
QDXH.TO	Mackenzie International Equity Index ETF (CAD-Hedg...	0.17%	39.91M	Jan 2018	ZLD.TO vs QDXH.TO
TPE.TO	TD International Equity Index ETF	0.19%	5.44B	Mar 2016	ZLD.TO vs TPE.TO
HXDM.TO	Global X Intl Developed Markets Equity Index Corpo...	0.20%	1.24B	Sep 2017	ZLD.TO vs HXDM.TO

Best Risk-Adjusted Alternatives to ZLD.TO

ZLD.TO has a PortfoliosLab risk / return rank of 27. There are 39 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	156.14M	Oct 2014	ZLD.TO vs RIDH.TO
KNGX.TO	Brompton International Cash Flow Kings ETF	91	—	Jul 2024	ZLD.TO vs KNGX.TO
FLVI.NEO	Franklin International Low Volatility High Dividen...	89	—	Mar 2024	ZLD.TO vs FLVI.NEO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	88	2.00B	Aug 2018	ZLD.TO vs VIDY.TO
FCIV.TO	Fidelity International Value ETF	87	2.31B	Jun 2025	ZLD.TO vs FCIV.TO

Top Performing ZLD.TO Alternatives (YTD)

ZLD.TO is at 6.24% YTD. There are 39 ETFs in the Foreign Large Cap Equities category with higher YTD returns, going as high as 18.56%.

Symbol	Name	YTD Return	AUM	Inception
FCIV.TO	Fidelity International Value ETF	18.56%	2.31B	Jun 2025	ZLD.TO vs FCIV.TO
FCIM.NEO	Fidelity International Momentum Index ETF	17.96%	—	Jun 2020	ZLD.TO vs FCIM.NEO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	17.58%	2.00B	Aug 2018	ZLD.TO vs VIDY.TO
RID.TO	RBC Quant EAFE Dividend Leaders ETF CAD	16.03%	580.94M	Jan 2014	ZLD.TO vs RID.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	15.81%	156.14M	Oct 2014	ZLD.TO vs RIDH.TO

Lowest Volatility Alternatives to ZLD.TO

ZLD.TO has 8.50% 1-year volatility. No ETFs in the Foreign Large Cap Equities category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 9.27%.

Symbol	Name	Volatility 1Y	AUM	Inception
XML.TO	iShares MSCI Min Vol EAFE Index ETF (CAD-Hedged)	9.27%	48.95M	Apr 2016	ZLD.TO vs XML.TO
FLVI.NEO	Franklin International Low Volatility High Dividen...	10.11%	—	Mar 2024	ZLD.TO vs FLVI.NEO
XMI.TO	iShares MSCI Min Vol EAFE Index ETF	10.37%	175.65M	Jul 2012	ZLD.TO vs XMI.TO
ZLI.TO	BMO Low Volatility International Equity ETF	10.54%	286.06M	Sep 2015	ZLD.TO vs ZLI.TO
ZWE.TO	BMO Europe High Dividend Covered Call Hedged to CA...	11.01%	769.27M	Sep 2015	ZLD.TO vs ZWE.TO

Lowest Drawdown Alternatives to ZLD.TO

ZLD.TO has a 1-year max drawdown of -7.09%. There are 3 ETFs in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -6.12%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XMI.TO	iShares MSCI Min Vol EAFE Index ETF	-6.12%	175.65M	Jul 2012	ZLD.TO vs XMI.TO
KNGX.TO	Brompton International Cash Flow Kings ETF	-6.27%	—	Jul 2024	ZLD.TO vs KNGX.TO
XML.TO	iShares MSCI Min Vol EAFE Index ETF (CAD-Hedged)	-6.46%	48.95M	Apr 2016	ZLD.TO vs XML.TO
TILV.TO	TD Q International Low Volatility ETF	-7.11%	129.10M	May 2019	ZLD.TO vs TILV.TO
FLVI.NEO	Franklin International Low Volatility High Dividen...	-7.71%	—	Mar 2024	ZLD.TO vs FLVI.NEO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 9 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	1.29%	5.76B	Nov 2021	ZLD.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	74	11.72%	23.77B	Nov 2012	ZLD.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	82	13.11%	890.17M	Jan 2022	ZLD.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	32.66%	7.49B	Oct 2009	ZLD.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	91	12.78%	17.36B	May 2009	ZLD.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	31	10.04%	2.97B	Jan 2010	ZLD.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	57	14.59%	2.24B	Feb 2019	ZLD.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities, Low Volatility	56	7.93%	6.32B	Oct 2011	ZLD.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	35	0.95%	13.16B	Jan 2010	ZLD.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	98	23.65%	1.90B	Oct 2011	ZLD.TO vs ZDV.TO

Often Compared With ZLD.TO

Investors most often compare ZLD.TO with ESGE.TO, FLUR.NEO, XSEA.TO. These 16 comparison targets span 8 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ESGE.TO	BMO MSCI EAFE Selection Equity Index ETF	Foreign Large Cap Equities, ESG	57	12.31%	124.66M	Jan 2020	ZLD.TO vs ESGE.TO
FLUR.NEO	Franklin International Equity Index ETF	Foreign Large Cap Equities	61	12.81%	—	Feb 2019	ZLD.TO vs FLUR.NEO
XSEA.TO	iShares ESG Aware MSCI EAFE Index ETF	Foreign Large Cap Equities	45	12.23%	366.57M	Mar 2019	ZLD.TO vs XSEA.TO
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	Momentum, Foreign Large Cap Equities	80	13.64%	147.25M	Nov 2014	ZLD.TO vs ZXM.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	62	12.20%	22.58B	Apr 2013	ZLD.TO vs XEF.TO
XDSR.TO	iShares ESG Advanced MSCI EAFE Index ETF	Foreign Large Cap Equities	49	13.88%	968.62M	Apr 2020	ZLD.TO vs XDSR.TO
FCIL.NEO	Fidelity International Low Volatility ETF	Foreign Large Cap Equities, Low Volatility	60	10.43%	—	Jan 2019	ZLD.TO vs FCIL.NEO
ZEA.TO	BMO MSCI EAFE Index ETF	Foreign Large Cap Equities	63	12.50%	13.03B	Feb 2014	ZLD.TO vs ZEA.TO
DRMD.TO	Desjardins RI Developed ex-USA ex-Canada - Net-Zer...	Foreign Large Cap Equities, Sustainable	60	12.03%	91.04M	May 2020	ZLD.TO vs DRMD.TO
FFDI	Fidelity Fundamental Developed International ETF	Foreign Large Cap Equities, Actively Managed	24	6.52%	—	Nov 2024	ZLD.TO vs FFDI
DRFD.TO	Desjardins RI Developed ex-USA ex-Canada Multifact...	Foreign Large Cap Equities, Sustainable, Multi-factor	71	11.90%	318.73M	Sep 2018	ZLD.TO vs DRFD.TO
WSRD.TO	Wealthsimple Developed Markets ex North America So...	Foreign Large Cap Equities, Sustainable	21	2.35%	639.74M	Jun 2020	ZLD.TO vs WSRD.TO
CINT.TO	CIBC International Equity ETF	Foreign Large Cap Equities	16	3.85%	71.90M	Jul 2020	ZLD.TO vs CINT.TO
FCIN.NEO	Fidelity All-International Equity ETF	Foreign Large Cap Equities, Actively Managed	76	15.00%	1.02B	Feb 2024	ZLD.TO vs FCIN.NEO
FINT.TO	First Trust International Capital Strength ETF	Global Equities, Actively Managed	53	11.92%	18.12M	May 2018	ZLD.TO vs FINT.TO
ZLH.TO	BMO Low Volatility US Equity Hedged to CAD ETF	Low Volatility	31	10.18%	104.69M	Feb 2016	ZLD.TO vs ZLH.TO

Compare ZLD.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair ZLD.TO with funds that move differently

BMO Low Volatility International Equity Hedged to CAD ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZLD.TO.

Explore ZLD.TO Diversifiers

BMO Low Volatility International Equity Hedged to CAD ETF (ZLD.TO) Alternatives