A side-by-side comparison of BMO MSCI India Selection Equity Index ETF (ZID) and BMO Japan Index ETF (ZJPN) 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 | ZID | ZJPN |
|---|---|---|
| YTD Return | -13.48% | +21.76%✓ |
| 1-Day Change | +0.51% | +1.29%✓ |
| 1-Week Change | +2.41% | +4.20%✓ |
| 1-Month Change | +4.46%✓ | +8.36% |
| Current Price | $43.34 | $51.87 |
| AUM | $174M | $673M✓ |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 0.82% | 1.20%✓ |
| Distribution Frequency | Annually | Quarterly |
| Inception Date | 2010-01-19 | 2022-01-24 |
| Holdings Count | 9 | 10 |
| MorningStar Rating | — | — |
| Category | Geographic Equity | Geographic Equity |
| Beta | 0.37 | 0.77 |
| 52-Week High | $52.59 | $52.28 |
| 52-Week Low | $39.70 | $36.40 |
| 50-Day MA | $41.90 | $47.51 |
| 200-Day MA | $47.57 | $44.74 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | ZID | ZJPN |
|---|---|---|
| YTD | -13.48% | +21.76%✓ |
| 1 Year | -16.46% | +31.85%✓ |
| 3 Year | +3.84% | +19.10%✓ |
| 5 Year | +2.91% | — |
| 10 Year | +9.22% | — |
| 1Y Volatility | 16.46% | 15.09% |
| Sharpe Ratio (3Y) | 0.04 | 1.36 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | HDFCBANK | HDFC Bank Limited | 15.39% |
| 2 | RELIANCE | Reliance Industries Limited | 14.55% |
| 3 | INFY | Infosys Limited | 6.77% |
| 4 | AXISBANK | AXIS BANK LTD. | 5.20% |
| 5 | M&M | Mahindra & Mahindra Limited | 5.05% |
| 6 | KOTAKBANK | Kotak Mahindra Bank Limited | 3.70% |
| 7 | HINDALCO | Hindalco Industries Limited | 2.64% |
| 8 | POWERGRID | POWER GRID CORPORATION OF INDIA LTD. | 2.41% |
| 9 | ULTRACEMCO | ULTRATECH CEMENT LTD. | 2.41% |
| 1 | 8306 | Mitsubishi UFJ Financial Group Inc | 3.98% |
| 2 | 7203 | Toyota Motor Corp | 3.51% |
| 3 | 8316 | Sumitomo Mitsui Financial | 2.53% |
| 4 | 6758 | Sony Corp | 2.45% |
| 5 | 6501 | Hitachi Ltd | 2.42% |
| 6 | 8035 | Tokyo Electron Limited | 2.40% |
| 7 | 9984 | Softbank Group Corp. | 2.22% |
| 8 | 6857 | Advantest Corp. | 2.13% |
| 9 | 8058 | Mitsubishi Corp. | 2.12% |
| 10 | 8411 | Mizuho Financial Group Inc | 1.92% |
Sector Weights
| Sector | ZID | ZJPN |
|---|---|---|
| Basic Materials | 12.47% | 3.67% |
| Communication Services | 0.60% | 7.84% |
| Consumer Cyclicals | 13.79% | 12.06% |
| Consumer Defensive | 9.09% | 3.83% |
| Energy | 14.89% | 0.90% |
| Financial Services | 26.40% | 16.47% |
| Healthcare | 3.84% | 5.68% |
| Industrials | 6.13% | 27.02% |
| Real Estate | 0.47% | 2.96% |
| Technology | 8.25% | 18.37% |
| Utilities | 4.08% | 1.21% |
About ZID
BMO MSCI India Selection Equity Index ETF (ZID.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
About ZJPN
NA
Which ETF is Right for You?
Both ZID and ZJPN 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, ZJPN 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 ZID and ZJPN?
ZID (BMO MSCI India Selection Equity Index ETF) and ZJPN (BMO Japan Index ETF) are both Canadian-listed ETFs. Key differences include their AUM ($174M vs $673M), dividend yield (0.82% vs 1.20%), and year-to-date performance (-13.48% vs +21.76%).
Is ZID better than ZJPN?
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 ZID and ZJPN on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both ZID and ZJPN should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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