ZDJ.TO vs. LCUS.L

Last updated Apr 1, 2026

Compare and contrast key facts about BMO Dow Jones Industrial Average Hedged to CAD Index ETF (ZDJ.TO) and Lyxor Core Morningstar US (DR) UCITS ETF (LCUS.L).

ZDJ.TO and LCUS.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZDJ.TO is a passively managed fund by BMO that tracks the performance of the Dow Jones Industrial Average (CAD Hedged). It was launched on Feb 3, 2011. LCUS.L is a passively managed fund by Amundi that tracks the performance of the Russell 1000 TR USD. It was launched on Feb 27, 2018. Both ZDJ.TO and LCUS.L 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

ZDJ.TO vs. LCUS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BMO Dow Jones Industrial Average Hedged to CAD Index ETF (ZDJ.TO) and Lyxor Core Morningstar US (DR) UCITS ETF (LCUS.L). The values are adjusted to include any dividend payments, if applicable.

ZDJ.TO vs. LCUS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ZDJ.TO BMO Dow Jones Industrial Average Hedged to CAD Index ETF	-3.79%	12.55%	13.24%	14.35%	-8.72%	19.71%	6.56%	23.40%	-2.87%
LCUS.L Lyxor Core Morningstar US (DR) UCITS ETF	0.00%	5.96%	36.02%	23.90%	-15.84%	25.07%	15.84%	23.30%	-2.04%

Different Trading Currencies

ZDJ.TO is traded in CAD, while LCUS.L is traded in GBP. To make them comparable, the LCUS.L values have been converted to CAD using the latest available exchange rates.

Returns By Period

ZDJ.TO

• 1D: 2.66%
• 1M: -5.43%
• YTD: -3.79%
• 6M: -0.26%
• 1Y: 9.71%
• 3Y*: 11.54%
• 5Y*: 7.12%
• 10Y*: 10.46%

LCUS.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ZDJ.TO vs. LCUS.L - Expense Ratio Comparison

ZDJ.TO has a 0.15% expense ratio, which is higher than LCUS.L's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

ZDJ.TO

BMO Dow Jones Industrial Average Hedged to CAD Index ETF

LCUS.L

Lyxor Core Morningstar US (DR) UCITS ETF

Return for Risk

ZDJ.TO vs. LCUS.L — Risk / Return Rank

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

ZDJ.TO

ZDJ.TO Risk / Return Rank: 34
ZDJ.TO Sharpe Ratio Rank: 31
ZDJ.TO Sortino Ratio Rank: 32
ZDJ.TO Omega Ratio Rank: 31
ZDJ.TO Calmar Ratio Rank: 38
ZDJ.TO Martin Ratio Rank: 37

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.

ZDJ.TO vs. LCUS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BMO Dow Jones Industrial Average Hedged to CAD Index ETF (ZDJ.TO) and Lyxor Core Morningstar US (DR) UCITS ETF (LCUS.L). 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.

	ZDJ.TO	LCUS.L	Difference
Sharpe ratio Return per unit of total volatility	0.58	—	—
Sortino ratio Return per unit of downside risk	0.96	—	—
Omega ratio Gain probability vs. loss probability	1.13	—	—
Calmar ratio Return relative to maximum drawdown	1.00	—	—
Martin ratio Return relative to average drawdown	3.53	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ZDJ.TO	LCUS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.58	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	—	—

Correlation

The correlation between ZDJ.TO and LCUS.L 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

ZDJ.TO vs. LCUS.L - Dividend Comparison

ZDJ.TO's dividend yield for the trailing twelve months is around 1.11%, while LCUS.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ZDJ.TO BMO Dow Jones Industrial Average Hedged to CAD Index ETF	1.11%	1.07%	1.33%	1.57%	1.63%	1.45%	1.71%	1.68%	1.80%	1.54%	1.78%	1.86%
LCUS.L Lyxor Core Morningstar US (DR) UCITS ETF	0.00%	0.00%	0.83%	0.77%	0.69%	0.48%	0.02%	0.01%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	ZDJ.TO	LCUS.L	Difference
Max Drawdown Largest peak-to-trough decline	-38.63%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-10.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.79%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.63%	—	—
Current Drawdown Current decline from peak	-7.79%	—	—
Average Drawdown Average peak-to-trough decline	-3.82%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	—	—

Volatility

Volatility by Period

	ZDJ.TO	LCUS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.09%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.75%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.74%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.83%	—	—