ZUD.TO Alternatives & Similar ETFs

BMO US Dividend Hedged to CAD ETF (ZUD.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 ZUD.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZUD.TO

ZUD.TO charges 0.33% annually. There are 15 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	ZUD.TO vs ZDIV.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	0.11%	5.84B	Jun 2017	ZUD.TO vs XDIV.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	0.16%	101.75M	Jun 2017	ZUD.TO vs XDUH.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	0.16%	290.40M	Jun 2017	ZUD.TO vs XDU.TO
UMVP.TO	Hamilton Champions Utilities Index ETF	0.19%	309.70M	Jan 2026	ZUD.TO vs UMVP.TO

Best Risk-Adjusted Alternatives to ZUD.TO

ZUD.TO has a PortfoliosLab risk / return rank of 81. There are 20 ETFs in the Dividend category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	99	8.59B	Nov 2012	ZUD.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	98	5.84B	Jun 2017	ZUD.TO vs XDIV.TO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	98	—	Mar 2025	ZUD.TO vs CLSA.TO
PDC.TO	Invesco Canadian Dividend Index ETF	98	1.05B	Apr 2011	ZUD.TO vs PDC.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	98	408.31M	Apr 2023	ZUD.TO vs TBNK.TO

Top Performing ZUD.TO Alternatives (YTD)

ZUD.TO is at 14.56% YTD. There are 30 ETFs in the Dividend category with higher YTD returns, going as high as 41.36%.

Symbol	Name	YTD Return	AUM	Inception
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	41.36%	—	Mar 2025	ZUD.TO vs CLSA.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	32.94%	408.31M	Apr 2023	ZUD.TO vs TBNK.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	29.32%	8.59B	Nov 2012	ZUD.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	28.31%	5.84B	Jun 2017	ZUD.TO vs XDIV.TO
ENBE.TO	Harvest Enbridge Enhanced High Income Shares ETF	27.08%	—	Aug 2025	ZUD.TO vs ENBE.TO

Lowest Volatility Alternatives to ZUD.TO

ZUD.TO has 11.13% 1-year volatility. There are 18 ETFs in the Dividend category with lower 1-year volatility, going as low as 6.35%.

Symbol	Name	Volatility 1Y	AUM	Inception
PINC.TO	Purpose Multi-Asset Income Fund	6.35%	109.90M	Apr 2018	ZUD.TO vs PINC.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	6.90%	231.40M	Jan 2018	ZUD.TO vs PDIV.TO
VUDV.TO	Vanguard U.S. High Dividend Yield Index ETF	7.95%	—	Mar 2026	ZUD.TO vs VUDV.TO
PDF.TO	Purpose Core Dividend Fund	8.38%	473.40M	Sep 2013	ZUD.TO vs PDF.TO
ZZZD.TO	BMO Tactical Dividend ETF Fund	8.51%	25.05M	Jan 2019	ZUD.TO vs ZZZD.TO

Lowest Drawdown Alternatives to ZUD.TO

ZUD.TO has a 1-year max drawdown of -5.67%. There are 8 ETFs in the Dividend category with shallower 1-year drawdowns, going as shallow as -2.72%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZZZD.TO	BMO Tactical Dividend ETF Fund	-2.72%	25.05M	Jan 2019	ZUD.TO vs ZZZD.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	-2.78%	5.84B	Jun 2017	ZUD.TO vs XDIV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	-3.12%	8.59B	Nov 2012	ZUD.TO vs VDY.TO
PINC.TO	Purpose Multi-Asset Income Fund	-3.59%	109.90M	Apr 2018	ZUD.TO vs PINC.TO
PDC.TO	Invesco Canadian Dividend Index ETF	-3.86%	1.05B	Apr 2011	ZUD.TO vs PDC.TO

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

Often Compared With ZUD.TO

Investors most often compare ZUD.TO with DGR.TO, IQD.TO, ICAE.TO. These 14 comparison targets span 4 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
DGR.TO	CI U.S. Quality Dividend Growth Index ETF	Quality Factor, Dividend	40	5.42%	218.44M	Jul 2016	ZUD.TO vs DGR.TO
IQD.TO	CI International Quality Dividend Growth Index ETF	Quality Factor, Dividend	40	7.65%	122.00M	Jul 2016	ZUD.TO vs IQD.TO
ICAE.TO	Invesco S&P/TSX Canadian Dividend Aristocrats ESG ...	Dividend	38	19.10%	10.89M	Feb 2023	ZUD.TO vs ICAE.TO
DXU.TO	Dynamic Active U.S. Dividend ETF	Dividend	68	23.68%	82.94M	Sep 2024	ZUD.TO vs DXU.TO
FCID.TO	Fidelity International High Dividend ETF	Dividend	86	15.82%	347.90M	Sep 2018	ZUD.TO vs FCID.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	Dividend	96	16.98%	378.40M	Sep 2018	ZUD.TO vs FCCD.TO
VGG.TO	Vanguard U.S. Dividend Appreciation Index ETF	Dividend, Large Cap Blend Equities	80	11.93%	2.57B	Aug 2013	ZUD.TO vs VGG.TO
ZDY.TO	BMO US Dividend ETF (CAD)	Dividend, Large Cap Blend Equities	43	18.85%	878.42M	Mar 2013	ZUD.TO vs ZDY.TO
CDIV.TO	Manulife Smart Dividend ETF	Dividend	58	17.33%	—	Nov 2020	ZUD.TO vs CDIV.TO
BLOV.TO	Brompton North American Low Volatility Dividend ET...	Dividend, Low Volatility	87	12.06%	11.26M	Apr 2020	ZUD.TO vs BLOV.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	Dividend	96	22.80%	—	Jan 2025	ZUD.TO vs CWIN.TO
LLYH.TO	Harvest Eli Lilly High Income Shares ETF Class A U...	Dividend	57	15.41%	—	Aug 2024	ZUD.TO vs LLYH.TO
IDIV-B.TO	Manulife Smart International Dividend ETF Unhedged...	Dividend	68	19.15%	—	Nov 2022	ZUD.TO vs IDIV-B.TO
VGH.TO	Vanguard U.S. Dividend Appreciation Index ETF CAD-...	Dividend	54	7.88%	1.01B	Aug 2013	ZUD.TO vs VGH.TO

Compare ZUD.TO with Any Fund or Stock

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

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Diversifiers

Pair ZUD.TO with funds that move differently

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

Explore ZUD.TO Diversifiers

BMO US Dividend Hedged to CAD ETF (ZUD.TO) Alternatives