A side-by-side comparison of BMO MSCI EAFE (CAD Hedged) (ZDM) and Vanguard FTSE Developed All Cap ex North Amer Idx ETF (VIU) to help Canadian investors make an informed decision.
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1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | ZDM | VIU |
|---|---|---|
| YTD Return | +7.95% | +15.60%✓ |
| 1-Day Change | +0.66%✓ | +0.56% |
| 1-Week Change | -0.03% | +0.74%✓ |
| 1-Month Change | +3.94%✓ | +7.37% |
| Current Price | $38.00 | $50.25 |
| AUM | $1.84B | $10.65B✓ |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 1.97% | 2.32%✓ |
| Distribution Frequency | Quarterly | Quarterly |
| Inception Date | 2009-10-20 | 2015-12-01 |
| Holdings Count | 1 | 10 |
| MorningStar Rating | ★★★★★ | ★★★★ |
| Category | International Equity | International Equity |
| Beta | 0.78 | 1.10 |
| 52-Week High | $38.50 | $50.25 |
| 52-Week Low | $30.37 | $37.20 |
| 50-Day MA | $36.58 | $47.08 |
| 200-Day MA | $35.26 | $44.31 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | ZDM | VIU |
|---|---|---|
| YTD | +7.95% | +15.60%✓ |
| 1 Year | +21.58% | +33.26%✓ |
| 3 Year | +16.93% | +20.97%✓ |
| 5 Year | +11.92% | +12.23%✓ |
| 10 Year | +10.79%✓ | +10.33% |
| 1Y Volatility | 10.13% | 15.65% |
| Sharpe Ratio (3Y) | 1.38 | 1.39 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | ZEA | BMO MSCI EAFE | 99.95% |
| 1 | 005930 | Samsung Electronics Co Ltd | 2.54% |
| 2 | ASML | ASML Holding N.V. | 2.02% |
| 3 | 000660 | SK Hynix Inc | 1.70% |
| 4 | HSBA | HSBC Holdings PLC | 1.14% |
| 5 | ROP | Roche Holding AG | 1.04% |
| 6 | NOVN | Novartis AG | 1.03% |
| 7 | AZN | AstraZeneca PLC | 1.03% |
| 8 | NESN | Nestle S.A. | 0.94% |
| 9 | SHEL | Shell plc | 0.93% |
| 10 | SIE | Siemens Aktiengesellschaft | 0.79% |
Sector Weights
| Sector | ZDM | VIU |
|---|---|---|
| Basic Materials | 5.90% | 6.44% |
| Communication Services | 4.51% | 3.81% |
| Consumer Cyclicals | 7.87% | 7.98% |
| Consumer Defensive | 6.98% | 6.14% |
| Energy | 4.23% | 3.69% |
| Financial Services | 24.30% | 21.82% |
| Healthcare | 11.11% | 9.23% |
| Industrials | 19.73% | 20.17% |
| Real Estate | 1.94% | 2.88% |
| Technology | 9.42% | 14.43% |
| Utilities | 4.02% | 3.42% |
About ZDM
BMO MSCI EAFE (CAD Hedged) (ZDM.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
About VIU
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Which ETF is Right for You?
Both ZDM and VIU are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, VIU scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between ZDM and VIU?
ZDM (BMO MSCI EAFE (CAD Hedged)) and VIU (Vanguard FTSE Developed All Cap ex North Amer Idx ETF) are both Canadian-listed ETFs. Key differences include their AUM ($1.84B vs $10.65B), dividend yield (1.97% vs 2.32%), and year-to-date performance (+7.95% vs +15.60%).
Is ZDM better than VIU?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy ZDM and VIU on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both ZDM and VIU should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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