PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
ZDI.TO vs. VYMI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ZDI.TO vs. VYMI

Last updated Jun 4, 2026

ZDI.TO (BMO International Dividend ETF) and VYMI (Vanguard International High Dividend Yield ETF) are both exchange-traded funds - ZDI.TO is a International Equity fund actively managed by BMO, while VYMI is a Dividend fund tracking the FTSE All-World ex US High Dividend Yield Index. ZDI.TO is actively managed, while VYMI is passively managed. Over the past 10 years, ZDI.TO returned 9.28%/yr vs 11.29%/yr for VYMI. Their correlation of 0.83 suggests significant overlap in exposure. ZDI.TO charges 0.44%/yr vs 0.07%/yr for VYMI.

Performance

ZDI.TO vs. VYMI - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BMO International Dividend ETF (ZDI.TO) and Vanguard International High Dividend Yield ETF (VYMI). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

ZDI.TO is traded in CAD, while VYMI is traded in USD. To make them comparable, the VYMI values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ZDI.TO achieves a 10.68% return, which is significantly lower than VYMI's 12.72% return. Over the past 10 years, ZDI.TO has underperformed VYMI with an annualized return of 9.28%, while VYMI has yielded a comparatively higher 11.29% annualized return.

ZDI.TO

1D
-0.03%
1M
4.16%
YTD
10.68%
6M
9.50%
1Y
21.55%
3Y*
17.08%
5Y*
12.72%
10Y*
9.28%

VYMI

1D
-0.60%
1M
4.09%
YTD
12.72%
6M
14.32%
1Y
31.91%
3Y*
23.30%
5Y*
15.15%
10Y*
11.29%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ZDI.TO vs. VYMI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ZDI.TO
BMO International Dividend ETF		10.68%22.48%10.57%17.05%0.31%12.87%-6.21%12.96%-6.84%15.07%
VYMI
Vanguard International High Dividend Yield ETF		12.72%31.72%16.25%14.49%-0.40%14.35%-2.78%12.61%-5.24%14.57%

Correlation

The correlation between ZDI.TO and VYMI is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.85

Correlation (3Y)
Calculated over the trailing 3-year period

0.83

Correlation (5Y)
Calculated over the trailing 5-year period

0.83

Correlation (10Y)
Calculated over the trailing 10-year period

0.83

Correlation (All Time)
Calculated using the full available price history since Mar 3, 2016

0.83

The correlation between ZDI.TO and VYMI has been stable across timeframes, ranging from 0.83 to 0.85 - a consistent structural relationship.

ZDI.TO vs. VYMI - Sectors Allocation Comparison

Sectors
ZDI.TO
VYMI

Financial Services

25.0%
41.9%

Industrials

19.3%
6.6%

Healthcare

8.4%
6.6%

Consumer Defensive

7.7%
7.0%

Energy

7.1%
9.5%

Communication Services

7.0%
4.0%

Utilities

6.5%
5.6%

Consumer Cyclical

6.3%
6.5%

Technology

4.9%
4.3%

Basic Materials

4.9%
6.8%

Real Estate

2.9%
1.3%

Financial Services

ZDI.TO
25.0%
VYMI
41.9%

Industrials

ZDI.TO
19.3%
VYMI
6.6%

Healthcare

ZDI.TO
8.4%
VYMI
6.6%

Consumer Defensive

ZDI.TO
7.7%
VYMI
7.0%

Energy

ZDI.TO
7.1%
VYMI
9.5%

Communication Services

ZDI.TO
7.0%
VYMI
4.0%

Utilities

ZDI.TO
6.5%
VYMI
5.6%

Consumer Cyclical

ZDI.TO
6.3%
VYMI
6.5%

Technology

ZDI.TO
4.9%
VYMI
4.3%

Basic Materials

ZDI.TO
4.9%
VYMI
6.8%

Real Estate

ZDI.TO
2.9%
VYMI
1.3%

Compare stocks, funds, or ETFs

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

BMO International Dividend ETF

Vanguard International High Dividend Yield ETF

Often compared with ZDI.TO:
ZDI.TO vs. XEI.TOZDI.TO vs. VFV.TOZDI.TO vs. ZEM.TOZDI.TO vs. HXX.TOZDI.TO vs. XEF.TOZDI.TO vs. ZDH.TOZDI.TO vs. ZWC.TO
Often compared with VYMI:
VYMI vs. VYMVYMI vs. SCHYVYMI vs. SCHDVYMI vs. VIGIVYMI vs. VOOVYMI vs. IDEVVYMI vs. VT

Return for Risk

ZDI.TO vs. VYMI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ZDI.TO
ZDI.TO Risk / Return Rank: 4646
Overall Rank
ZDI.TO Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
ZDI.TO Sortino Ratio Rank: 4545
Sortino Ratio Rank
ZDI.TO Omega Ratio Rank: 4747
Omega Ratio Rank
ZDI.TO Calmar Ratio Rank: 4343
Calmar Ratio Rank
ZDI.TO Martin Ratio Rank: 4949
Martin Ratio Rank
VYMI
VYMI Risk / Return Rank: 6666
Overall Rank
VYMI Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
VYMI Sortino Ratio Rank: 6868
Sortino Ratio Rank
VYMI Omega Ratio Rank: 6969
Omega Ratio Rank
VYMI Calmar Ratio Rank: 5959
Calmar Ratio Rank
VYMI Martin Ratio Rank: 6464
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.

ZDI.TO vs. VYMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BMO International Dividend ETF (ZDI.TO) and Vanguard International High Dividend Yield ETF (VYMI). 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.

ZDI.TOVYMIDifference
Sharpe ratioReturn per unit of total volatility
1.61
2.69

-1.08

Sortino ratioReturn per unit of downside risk
2.27
3.65

-1.38

Omega ratioGain probability vs. loss probability

1.30

1.50

-0.20

Calmar ratioReturn relative to maximum drawdown

2.12

3.26

-1.14

Martin ratioReturn relative to average drawdown

8.20

13.58

-5.38

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

ZDI.TO vs. VYMI - Sharpe Ratio Comparison

The current ZDI.TO Sharpe Ratio is 1.61, which is lower than the VYMI Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of ZDI.TO and VYMI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

ZDI.TOVYMIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.61

2.69

-1.08

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.98

1.30

-0.32

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.59

0.81

-0.22

Sharpe Ratio (All Time)

Calculated using the full available price history

0.53

0.81

-0.28

Drawdowns

ZDI.TO vs. VYMI - Drawdown Comparison

The maximum ZDI.TO drawdown since its inception was -33.89%, which is greater than VYMI's maximum drawdown of -31.33%. Use the drawdown chart below to compare losses from any high point for ZDI.TO and VYMI.

Loading charts...

Drawdown Indicators

ZDI.TOVYMIDifference

Max Drawdown

Largest peak-to-trough decline

-33.89%

-31.33%

-2.56%

Max Drawdown (1Y)

Largest decline over 1 year

-10.23%

-9.84%

-0.39%

Max Drawdown (3Y)

Largest decline over 3 years

-14.11%

-13.21%

-0.90%

Max Drawdown (5Y)

Largest decline over 5 years

-18.97%

-17.66%

-1.31%

Max Drawdown (10Y)

Largest decline over 10 years

-33.89%

-31.33%

-2.56%

Current Drawdown

Current decline from peak

-2.23%

-0.64%

-1.59%

Average Drawdown

Average peak-to-trough decline

-4.85%

-3.98%

-0.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.64%

2.36%

+0.28%

Volatility

ZDI.TO vs. VYMI - Volatility Comparison

BMO International Dividend ETF (ZDI.TO) has a higher volatility of 4.92% compared to Vanguard International High Dividend Yield ETF (VYMI) at 3.85%. This indicates that ZDI.TO's price experiences larger fluctuations and is considered to be riskier than VYMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

ZDI.TOVYMIDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.92%

3.85%

+1.07%

Volatility (6M)

Calculated over the trailing 6-month period

10.96%

10.03%

+0.93%

Volatility (1Y)

Calculated over the trailing 1-year period

13.46%

11.91%

+1.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.11%

11.75%

+1.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.80%

14.00%

+1.80%

ZDI.TO vs. VYMI - Expense Ratio Comparison

ZDI.TO has a 0.44% expense ratio, which is higher than VYMI's 0.07% expense ratio.

Dividends

ZDI.TO vs. VYMI - Dividend Comparison

ZDI.TO's dividend yield for the trailing twelve months is around 3.05%, less than VYMI's 3.44% yield.

PositionTTM20252024202320222021202020192018201720162015
VYMI
Vanguard International High Dividend Yield ETF		3.44%3.68%4.84%4.58%4.70%4.30%3.22%4.20%4.29%3.21%2.39%0.00%
ZDI.TO
BMO International Dividend ETF		3.05%3.34%3.94%4.15%3.99%3.72%4.96%4.92%5.23%4.23%4.62%4.26%

Frequently Asked Questions

ZDI.TO and VYMI have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, VYMI is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VYMI is cheaper with a 0.07% expense ratio, compared with 0.44% for ZDI.TO.

ZDI.TO is categorized as International Equity, while VYMI is Dividend. They also come from different issuers: BMO and Vanguard. Their fees differ too: 0.44% for ZDI.TO and 0.07% for VYMI.

Portfolio Optimizer

Find the right allocation for ZDI.TO and VYMI

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer