ZID.TO vs. ZLU.TO
Compare and contrast key facts about BMO MSCI India ESG Leaders Index ETF (ZID.TO) and BMO Low Volatility US Equity ETF (CAD) (ZLU.TO).
ZID.TO and ZLU.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. ZLU.TO is an actively managed fund by BMO. It was launched on Mar 19, 2013.
Performance
ZID.TO vs. ZLU.TO - Performance Comparison
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ZID.TO vs. ZLU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
ZLU.TO BMO Low Volatility US Equity ETF (CAD) | 7.06% | 1.95% | 21.52% | -3.36% | 7.85% | 20.62% | 1.98% | 20.39% | 8.31% | 4.98% |
Returns By Period
In the year-to-date period, ZID.TO achieves a -18.10% return, which is significantly lower than ZLU.TO's 7.06% return. Both investments have delivered pretty close results over the past 10 years, with ZID.TO having a 9.30% annualized return and ZLU.TO not far behind at 9.18%.
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%
ZLU.TO
- 1D
- 0.93%
- 1M
- -3.57%
- YTD
- 7.06%
- 6M
- 0.48%
- 1Y
- 0.80%
- 3Y*
- 9.14%
- 5Y*
- 10.02%
- 10Y*
- 9.18%
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ZID.TO vs. ZLU.TO - Expense Ratio Comparison
ZID.TO has a 0.67% expense ratio, which is higher than ZLU.TO's 0.33% expense ratio.
Return for Risk
ZID.TO vs. ZLU.TO — Risk / Return Rank
ZID.TO
ZLU.TO
ZID.TO vs. ZLU.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO MSCI India ESG Leaders Index ETF (ZID.TO) and BMO Low Volatility US Equity ETF (CAD) (ZLU.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.
| ZID.TO | ZLU.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.94 | 0.06 | -1.00 |
Sortino ratioReturn per unit of downside risk | -1.31 | 0.16 | -1.47 |
Omega ratioGain probability vs. loss probability | 0.85 | 1.02 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | -0.64 | 0.28 | -0.92 |
Martin ratioReturn relative to average drawdown | -1.99 | 0.54 | -2.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ZID.TO | ZLU.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.94 | 0.06 | -1.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | 0.89 | -0.67 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.66 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.97 | -0.62 |
Correlation
The correlation between ZID.TO and ZLU.TO is 0.24, 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
ZID.TO vs. ZLU.TO - Dividend Comparison
ZID.TO's dividend yield for the trailing twelve months is around 0.84%, less than ZLU.TO's 1.77% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
ZLU.TO BMO Low Volatility US Equity ETF (CAD) | 1.77% | 1.89% | 1.89% | 2.29% | 1.87% | 1.69% | 1.75% | 1.51% | 1.81% | 1.91% | 2.26% | 1.73% |
Drawdowns
ZID.TO vs. ZLU.TO - Drawdown Comparison
The maximum ZID.TO drawdown since its inception was -45.18%, which is greater than ZLU.TO's maximum drawdown of -25.49%. Use the drawdown chart below to compare losses from any high point for ZID.TO and ZLU.TO.
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Drawdown Indicators
| ZID.TO | ZLU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.18% | -25.49% | -19.69% |
Max Drawdown (1Y)Largest decline over 1 year | -24.35% | -8.43% | -15.92% |
Max Drawdown (5Y)Largest decline over 5 years | -27.08% | -10.40% | -16.68% |
Max Drawdown (10Y)Largest decline over 10 years | -45.18% | -25.49% | -19.69% |
Current DrawdownCurrent decline from peak | -25.50% | -4.12% | -21.38% |
Average DrawdownAverage peak-to-trough decline | -11.19% | -3.10% | -8.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.82% | 4.70% | +3.12% |
Volatility
ZID.TO vs. ZLU.TO - Volatility Comparison
BMO MSCI India ESG Leaders Index ETF (ZID.TO) has a higher volatility of 7.38% compared to BMO Low Volatility US Equity ETF (CAD) (ZLU.TO) at 3.44%. This indicates that ZID.TO's price experiences larger fluctuations and is considered to be riskier than ZLU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZID.TO | ZLU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.38% | 3.44% | +3.94% |
Volatility (6M)Calculated over the trailing 6-month period | 12.46% | 8.18% | +4.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.12% | 12.75% | +4.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.91% | 11.37% | +4.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.78% | 13.92% | +5.86% |