PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XID.TO vs. ZID.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

XID.TO vs. ZID.TO

Last updated Apr 1, 2026

Compare and contrast key facts about iShares India Index ETF (XID.TO) and BMO MSCI India ESG Leaders Index ETF (ZID.TO).

XID.TO and ZID.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XID.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Jan 21, 2010. ZID.TO is a passively managed fund by BMO that tracks the performance of the MSCI India ESG Leaders Index. It was launched on Jan 19, 2010. Both XID.TO and ZID.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XID.TO vs. ZID.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares India Index ETF (XID.TO) and BMO MSCI India ESG Leaders Index ETF (ZID.TO). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

XID.TO vs. ZID.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XID.TO
iShares India Index ETF		-13.04%-0.28%12.36%14.07%-0.64%17.51%7.86%4.33%3.73%26.87%
ZID.TO
BMO MSCI India ESG Leaders Index ETF		-18.10%-0.67%19.13%11.89%-4.71%25.55%15.79%7.37%8.20%34.21%

Returns By Period

In the year-to-date period, XID.TO achieves a -13.04% return, which is significantly higher than ZID.TO's -18.10% return. Over the past 10 years, XID.TO has underperformed ZID.TO with an annualized return of 7.36%, while ZID.TO has yielded a comparatively higher 9.30% annualized return.

XID.TO

1D
3.13%
1M
-8.71%
YTD
-13.04%
6M
-10.34%
1Y
-12.98%
3Y*
4.65%
5Y*
4.40%
10Y*
7.36%

ZID.TO

1D
2.16%
1M
-11.36%
YTD
-18.10%
6M
-15.40%
1Y
-16.03%
3Y*
4.42%
5Y*
3.47%
10Y*
9.30%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares India Index ETF

BMO MSCI India ESG Leaders Index ETF

Often compared with XID.TO:
XID.TO vs. NFTYXID.TO vs. FLINXID.TO vs. GLINXID.TO vs. VOOXID.TO vs. ZCN.TOXID.TO vs. VGRO.TOXID.TO vs. ^GSPC
Often compared with ZID.TO:
ZID.TO vs. ZLU.TOZID.TO vs. VFV.TOZID.TO vs. NFTYZID.TO vs. VVL.TOZID.TO vs. ZEA.TOZID.TO vs. THDZID.TO vs. ^NIFTY500

XID.TO vs. ZID.TO - Expense Ratio Comparison

XID.TO has a 1.08% expense ratio, which is higher than ZID.TO's 0.67% expense ratio.

XID.TO
iShares India Index ETF
ZID.TO
BMO MSCI India ESG Leaders Index ETF

Return for Risk

XID.TO vs. ZID.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XID.TO
XID.TO Risk / Return Rank: 11
Overall Rank
XID.TO Sharpe Ratio Rank: 11
Sharpe Ratio Rank
XID.TO Sortino Ratio Rank: 11
Sortino Ratio Rank
XID.TO Omega Ratio Rank: 22
Omega Ratio Rank
XID.TO Calmar Ratio Rank: 22
Calmar Ratio Rank
XID.TO Martin Ratio Rank: 00
Martin Ratio Rank
ZID.TO
ZID.TO Risk / Return Rank: 11
Overall Rank
ZID.TO Sharpe Ratio Rank: 11
Sharpe Ratio Rank
ZID.TO Sortino Ratio Rank: 11
Sortino Ratio Rank
ZID.TO Omega Ratio Rank: 11
Omega Ratio Rank
ZID.TO Calmar Ratio Rank: 22
Calmar Ratio Rank
ZID.TO Martin Ratio Rank: 00
Martin Ratio Rank
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.

XID.TO vs. ZID.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares India Index ETF (XID.TO) and BMO MSCI India ESG Leaders Index ETF (ZID.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.

XID.TOZID.TODifference

Sharpe ratio

Return per unit of total volatility

-0.84

-0.94

+0.10

Sortino ratio

Return per unit of downside risk

-1.19

-1.31

+0.11

Omega ratio

Gain probability vs. loss probability

0.87

0.85

+0.01

Calmar ratio

Return relative to maximum drawdown

-0.66

-0.64

-0.02

Martin ratio

Return relative to average drawdown

-2.07

-1.99

-0.08

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XID.TO vs. ZID.TO - Sharpe Ratio Comparison

The current XID.TO Sharpe Ratio is -0.84, which is comparable to the ZID.TO Sharpe Ratio of -0.94. The chart below compares the historical Sharpe Ratios of XID.TO and ZID.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.

Loading graphics...

Sharpe Ratios by Period

XID.TOZID.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.84

-0.94

+0.10

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.31

0.22

+0.09

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.41

0.47

-0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.33

0.35

-0.02

Correlation

The correlation between XID.TO and ZID.TO is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

XID.TO vs. ZID.TO - Dividend Comparison

XID.TO's dividend yield for the trailing twelve months is around 16.47%, more than ZID.TO's 0.84% yield.

TTM20252024202320222021202020192018201720162015
XID.TO
iShares India Index ETF		16.47%14.32%0.17%0.42%3.45%6.82%0.03%0.43%0.39%0.16%0.36%0.36%
ZID.TO
BMO MSCI India ESG Leaders Index ETF		0.84%0.69%0.28%1.18%0.29%1.24%0.11%0.11%0.74%0.38%1.15%0.64%

Drawdowns

XID.TO vs. ZID.TO - Drawdown Comparison

The maximum XID.TO drawdown since its inception was -42.26%, smaller than the maximum ZID.TO drawdown of -45.18%. Use the drawdown chart below to compare losses from any high point for XID.TO and ZID.TO.

Loading graphics...

Drawdown Indicators

XID.TOZID.TODifference

Max Drawdown

Largest peak-to-trough decline

-42.26%

-45.18%

+2.92%

Max Drawdown (1Y)

Largest decline over 1 year

-18.75%

-24.35%

+5.60%

Max Drawdown (5Y)

Largest decline over 5 years

-20.11%

-27.08%

+6.97%

Max Drawdown (10Y)

Largest decline over 10 years

-39.46%

-45.18%

+5.72%

Current Drawdown

Current decline from peak

-17.61%

-25.50%

+7.89%

Average Drawdown

Average peak-to-trough decline

-10.36%

-11.19%

+0.83%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.99%

7.82%

-1.83%

Volatility

XID.TO vs. ZID.TO - Volatility Comparison

iShares India Index ETF (XID.TO) and BMO MSCI India ESG Leaders Index ETF (ZID.TO) have volatilities of 7.36% and 7.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

XID.TOZID.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

7.36%

7.38%

-0.02%

Volatility (6M)

Calculated over the trailing 6-month period

11.32%

12.46%

-1.14%

Volatility (1Y)

Calculated over the trailing 1-year period

15.46%

17.12%

-1.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.34%

15.91%

-1.57%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.18%

19.78%

-1.60%