ZLU.TO vs. ZID.TO
Compare and contrast key facts about BMO Low Volatility US Equity ETF (CAD) (ZLU.TO) and BMO MSCI India ESG Leaders Index ETF (ZID.TO).
ZLU.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. ZLU.TO is an actively managed fund by BMO. It was launched on Mar 19, 2013. 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.
Performance
ZLU.TO vs. ZID.TO - Performance Comparison
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ZLU.TO vs. ZID.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
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, ZLU.TO achieves a 7.06% return, which is significantly higher than ZID.TO's -18.10% return. Both investments have delivered pretty close results over the past 10 years, with ZLU.TO having a 9.18% annualized return and ZID.TO not far ahead at 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%
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%
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ZLU.TO vs. ZID.TO - Expense Ratio Comparison
ZLU.TO has a 0.33% expense ratio, which is lower than ZID.TO's 0.67% expense ratio.
Return for Risk
ZLU.TO vs. ZID.TO — Risk / Return Rank
ZLU.TO
ZID.TO
ZLU.TO vs. ZID.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO Low Volatility US Equity ETF (CAD) (ZLU.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.
| ZLU.TO | ZID.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.06 | -0.94 | +1.00 |
Sortino ratioReturn per unit of downside risk | 0.16 | -1.31 | +1.47 |
Omega ratioGain probability vs. loss probability | 1.02 | 0.85 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 0.28 | -0.64 | +0.92 |
Martin ratioReturn relative to average drawdown | 0.54 | -1.99 | +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
| ZLU.TO | ZID.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.06 | -0.94 | +1.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | 0.22 | +0.67 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.47 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.97 | 0.35 | +0.62 |
Correlation
The correlation between ZLU.TO and ZID.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
ZLU.TO vs. ZID.TO - Dividend Comparison
ZLU.TO's dividend yield for the trailing twelve months is around 1.77%, more than ZID.TO's 0.84% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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
ZLU.TO vs. ZID.TO - Drawdown Comparison
The maximum ZLU.TO drawdown since its inception was -25.49%, smaller than the maximum ZID.TO drawdown of -45.18%. Use the drawdown chart below to compare losses from any high point for ZLU.TO and ZID.TO.
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Drawdown Indicators
| ZLU.TO | ZID.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.49% | -45.18% | +19.69% |
Max Drawdown (1Y)Largest decline over 1 year | -8.43% | -24.35% | +15.92% |
Max Drawdown (5Y)Largest decline over 5 years | -10.40% | -27.08% | +16.68% |
Max Drawdown (10Y)Largest decline over 10 years | -25.49% | -45.18% | +19.69% |
Current DrawdownCurrent decline from peak | -4.12% | -25.50% | +21.38% |
Average DrawdownAverage peak-to-trough decline | -3.10% | -11.19% | +8.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.70% | 7.82% | -3.12% |
Volatility
ZLU.TO vs. ZID.TO - Volatility Comparison
The current volatility for BMO Low Volatility US Equity ETF (CAD) (ZLU.TO) is 3.44%, while BMO MSCI India ESG Leaders Index ETF (ZID.TO) has a volatility of 7.38%. This indicates that ZLU.TO experiences smaller price fluctuations and is considered to be less risky than ZID.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZLU.TO | ZID.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.44% | 7.38% | -3.94% |
Volatility (6M)Calculated over the trailing 6-month period | 8.18% | 12.46% | -4.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.75% | 17.12% | -4.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.37% | 15.91% | -4.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.92% | 19.78% | -5.86% |