ZIN.TO vs. QIF.NEO
ZIN.TO (BMO Equal Weight Industrials Index ETF) and QIF.NEO (AGF Systematic Global Infrastructure ETF) are both Industrials Equities funds. ZIN.TO is passively managed, while QIF.NEO is actively managed. Over the past 5 years, ZIN.TO returned 13.35%/yr vs 11.27%/yr for QIF.NEO. At a 0.30 correlation, their price movements are largely independent. ZIN.TO charges 0.61%/yr vs 0.45%/yr for QIF.NEO.
Performance
ZIN.TO vs. QIF.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, ZIN.TO achieves a 24.06% return, which is significantly higher than QIF.NEO's 13.73% return.
ZIN.TO
- 1D
- 0.96%
- 1M
- 1.92%
- 6M
- 17.92%
- YTD
- 24.06%
- 1Y
- 33.13%
- 3Y*
- 20.43%
- 5Y*
- 13.35%
- 10Y*
- 13.47%
QIF.NEO
- 1D
- -0.49%
- 1M
- -0.40%
- 6M
- 10.78%
- YTD
- 13.73%
- 1Y
- 22.63%
- 3Y*
- 17.37%
- 5Y*
- 11.27%
- 10Y*
- —
ZIN.TO vs. QIF.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ZIN.TO BMO Equal Weight Industrials Index ETF | 24.06% | 16.80% | 16.33% | 19.36% | -8.05% | 17.86% | 6.62% | 22.67% | -2.63% |
QIF.NEO AGF Systematic Global Infrastructure ETF | 13.73% | 14.80% | 21.37% | 4.72% | -2.67% | 20.54% | -8.96% | 20.89% | 5.27% |
Correlation
The correlation between ZIN.TO and QIF.NEO is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Feb 12, 2018 | 0.30 |
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Return for Risk
ZIN.TO vs. QIF.NEO — Risk / Return Rank
ZIN.TO
QIF.NEO
ZIN.TO vs. QIF.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO Equal Weight Industrials Index ETF (ZIN.TO) and AGF Systematic Global Infrastructure ETF (QIF.NEO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ZIN.TO | QIF.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.43 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 4.11 | 4.89 | -0.78 |
| Martin ratioReturn relative to average drawdown | 13.95 | 13.28 | +0.67 |
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Drawdowns
ZIN.TO vs. QIF.NEO - Drawdown Comparison
The maximum ZIN.TO drawdown since its inception was -44.01%, which is greater than QIF.NEO's maximum drawdown of -30.71%. Use the drawdown chart below to compare losses from any high point for ZIN.TO and QIF.NEO.
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Drawdown Indicators
| ZIN.TO | QIF.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.01% | -30.71% | -13.30% |
Max Drawdown (1Y)Largest decline over 1 year | -8.10% | -4.67% | -3.43% |
Max Drawdown (3Y)Largest decline over 3 years | -22.39% | -10.29% | -12.10% |
Max Drawdown (5Y)Largest decline over 5 years | -23.10% | -15.54% | -7.56% |
Max Drawdown (10Y)Largest decline over 10 years | -44.01% | — | — |
Current DrawdownCurrent decline from peak | -0.29% | -2.34% | +2.05% |
Average DrawdownAverage peak-to-trough decline | -5.77% | -4.33% | -1.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.38% | 1.71% | +0.67% |
Volatility
ZIN.TO vs. QIF.NEO - Volatility Comparison
BMO Equal Weight Industrials Index ETF (ZIN.TO) has a higher volatility of 4.41% compared to AGF Systematic Global Infrastructure ETF (QIF.NEO) at 2.29%. This indicates that ZIN.TO's price experiences larger fluctuations and is considered to be riskier than QIF.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZIN.TO | QIF.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | 2.29% | +2.12% |
Volatility (6M)Calculated over the trailing 6-month period | 12.35% | 7.76% | +4.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.37% | 9.72% | +5.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.84% | 11.66% | +5.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.04% | 14.78% | +3.26% |
ZIN.TO vs. QIF.NEO - Expense Ratio Comparison
ZIN.TO has a 0.61% expense ratio, which is higher than QIF.NEO's 0.45% expense ratio.
Dividends
ZIN.TO vs. QIF.NEO - Dividend Comparison
ZIN.TO's dividend yield for the trailing twelve months is around 0.87%, less than QIF.NEO's 5.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QIF.NEO AGF Systematic Global Infrastructure ETF | 5.14% | 5.32% | 4.60% | 3.61% | 3.22% | 3.05% | 3.12% | 3.16% | 2.24% | 0.00% | 0.00% | 0.00% |
ZIN.TO BMO Equal Weight Industrials Index ETF | 0.87% | 1.22% | 1.42% | 1.68% | 2.01% | 1.84% | 2.10% | 2.32% | 1.82% | 1.35% | 1.48% | 2.25% |
Frequently Asked Questions
ZIN.TO and QIF.NEO have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QIF.NEO is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QIF.NEO is cheaper with a 0.45% expense ratio, compared with 0.61% for ZIN.TO.
They also come from different issuers: BMO and AGF. Their fees differ too: 0.61% for ZIN.TO and 0.45% for QIF.NEO.
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