RIDH.TO vs. ZLI.TO

Last updated Apr 1, 2026

Compare and contrast key facts about RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF (RIDH.TO) and BMO Low Volatility International Equity ETF (ZLI.TO).

RIDH.TO and ZLI.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RIDH.TO is an actively managed fund by RBC. It was launched on Oct 22, 2014. ZLI.TO is an actively managed fund by BMO. It was launched on Sep 2, 2015.

Performance

RIDH.TO vs. ZLI.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF (RIDH.TO) and BMO Low Volatility International Equity ETF (ZLI.TO). The values are adjusted to include any dividend payments, if applicable.

RIDH.TO vs. ZLI.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RIDH.TO RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	7.03%	31.43%	17.07%	25.01%	-2.03%	24.91%	-3.01%	25.66%	-5.74%	12.88%
ZLI.TO BMO Low Volatility International Equity ETF	2.60%	12.93%	11.92%	9.08%	-9.81%	6.78%	-0.89%	9.70%	4.88%	13.87%

Returns By Period

In the year-to-date period, RIDH.TO achieves a 7.03% return, which is significantly higher than ZLI.TO's 2.60% return. Over the past 10 years, RIDH.TO has outperformed ZLI.TO with an annualized return of 14.51%, while ZLI.TO has yielded a comparatively lower 5.84% annualized return.

RIDH.TO

• 1D: 2.37%
• 1M: -3.86%
• YTD: 7.03%
• 6M: 16.45%
• 1Y: 30.99%
• 3Y*: 24.06%
• 5Y*: 17.70%
• 10Y*: 14.51%

ZLI.TO

• 1D: 1.81%
• 1M: -5.09%
• YTD: 2.60%
• 6M: 1.49%
• 1Y: 6.89%
• 3Y*: 10.15%
• 5Y*: 6.50%
• 10Y*: 5.84%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RIDH.TO vs. ZLI.TO - Expense Ratio Comparison

RIDH.TO has a 0.54% expense ratio, which is higher than ZLI.TO's 0.40% expense ratio.

RIDH.TO

RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF

ZLI.TO

BMO Low Volatility International Equity ETF

Return for Risk

RIDH.TO vs. ZLI.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RIDH.TO

RIDH.TO Risk / Return Rank: 89
RIDH.TO Sharpe Ratio Rank: 88
RIDH.TO Sortino Ratio Rank: 91
RIDH.TO Omega Ratio Rank: 93
RIDH.TO Calmar Ratio Rank: 84
RIDH.TO Martin Ratio Rank: 90

ZLI.TO

ZLI.TO Risk / Return Rank: 30
ZLI.TO Sharpe Ratio Rank: 31
ZLI.TO Sortino Ratio Rank: 30
ZLI.TO Omega Ratio Rank: 29
ZLI.TO Calmar Ratio Rank: 31
ZLI.TO Martin Ratio Rank: 29

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RIDH.TO vs. ZLI.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF (RIDH.TO) and BMO Low Volatility International Equity ETF (ZLI.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	RIDH.TO	ZLI.TO	Difference
Sharpe ratio Return per unit of total volatility	1.91	0.58	+1.33
Sortino ratio Return per unit of downside risk	2.66	0.87	+1.79
Omega ratio Gain probability vs. loss probability	1.42	1.12	+0.30
Calmar ratio Return relative to maximum drawdown	2.56	0.78	+1.78
Martin ratio Return relative to average drawdown	11.94	2.50	+9.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RIDH.TO vs. ZLI.TO - Sharpe Ratio Comparison

The current RIDH.TO Sharpe Ratio is 1.91, which is higher than the ZLI.TO Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of RIDH.TO and ZLI.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RIDH.TO	ZLI.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.91	0.58	+1.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.32	0.61	+0.71
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.92	0.47	+0.44
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.50	+0.38

Correlation

The correlation between RIDH.TO and ZLI.TO is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

RIDH.TO vs. ZLI.TO - Dividend Comparison

RIDH.TO's dividend yield for the trailing twelve months is around 3.05%, more than ZLI.TO's 2.19% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RIDH.TO RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	3.05%	3.12%	7.51%	9.53%	6.85%	7.07%	4.73%	9.16%	8.80%	5.59%	10.87%	17.06%
ZLI.TO BMO Low Volatility International Equity ETF	2.19%	2.24%	2.47%	2.69%	2.86%	2.50%	2.65%	2.35%	2.48%	2.21%	2.49%	0.91%

Drawdowns

RIDH.TO vs. ZLI.TO - Drawdown Comparison

The maximum RIDH.TO drawdown since its inception was -34.34%, which is greater than ZLI.TO's maximum drawdown of -24.67%. Use the drawdown chart below to compare losses from any high point for RIDH.TO and ZLI.TO.

Drawdown Indicators

	RIDH.TO	ZLI.TO	Difference
Max Drawdown Largest peak-to-trough decline	-34.34%	-24.67%	-9.67%
Max Drawdown (1Y) Largest decline over 1 year	-11.40%	-8.37%	-3.03%
Max Drawdown (5Y) Largest decline over 5 years	-14.33%	-24.67%	+10.34%
Max Drawdown (10Y) Largest decline over 10 years	-34.34%	-24.67%	-9.67%
Current Drawdown Current decline from peak	-4.03%	-5.09%	+1.06%
Average Drawdown Average peak-to-trough decline	-3.16%	-4.99%	+1.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.54%	2.60%	-0.06%

Volatility

RIDH.TO vs. ZLI.TO - Volatility Comparison

RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF (RIDH.TO) has a higher volatility of 6.28% compared to BMO Low Volatility International Equity ETF (ZLI.TO) at 5.34%. This indicates that RIDH.TO's price experiences larger fluctuations and is considered to be riskier than ZLI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RIDH.TO	ZLI.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.28%	5.34%	+0.94%
Volatility (6M) Calculated over the trailing 6-month period	8.86%	7.59%	+1.27%
Volatility (1Y) Calculated over the trailing 1-year period	16.28%	11.89%	+4.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.44%	10.70%	+2.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.87%	12.39%	+3.48%