A side-by-side comparison of BMO Japan Index ETF (ZJPN) and BMO MSCI India Selection Equity Index ETF (ZID) 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 | ZJPN | ZID |
|---|---|---|
| YTD Return | +16.50%✓ | -12.96% |
| 1-Day Change | -0.34% | -0.07%✓ |
| 1-Week Change | +1.22% | +3.44%✓ |
| 1-Month Change | -0.62% | +0.18%✓ |
| Current Price | $49.63 | $43.60 |
| AUM | $697M✓ | $179M |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 1.15%✓ | 0.78% |
| Distribution Frequency | Quarterly | Annually |
| Inception Date | 2022-01-24 | 2010-01-19 |
| Holdings Count | 10 | 9 |
| MorningStar Rating | — | — |
| Category | Geographic Equity | Geographic Equity |
| Beta | 0.77 | 0.38 |
| 52-Week High | $52.13 | $52.59 |
| 52-Week Low | $38.21 | $39.70 |
| 50-Day MA | $49.41 | $42.37 |
| 200-Day MA | $45.85 | $46.30 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | ZJPN | ZID |
|---|---|---|
| YTD | +16.50%✓ | -12.96% |
| 1 Year | +32.32%✓ | -11.87% |
| 3 Year | +19.23%✓ | +3.93% |
| 5 Year | — | +3.51% |
| 10 Year | — | +9.12% |
| 1Y Volatility | 15.13% | 17.15% |
| Sharpe Ratio (3Y) | 1.30 | 0.15 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | 8306 | Mitsubishi UFJ Financial Group Inc | 3.90% |
| 2 | 8035 | Tokyo Electron Limited | 3.80% |
| 3 | 7203 | Toyota Motor Corp | 3.07% |
| 4 | 8316 | Sumitomo Mitsui Financial | 2.57% |
| 5 | 6857 | Advantest Corp. | 2.56% |
| 6 | 9984 | Softbank Group Corp. | 2.31% |
| 7 | 6981 | Murata Mfg Co | 2.10% |
| 8 | 6758 | Sony Corp | 2.08% |
| 9 | 6501 | Hitachi Ltd | 2.08% |
| 10 | 8411 | Mizuho Financial Group Inc | 2.06% |
| 1 | RELIANCE | Reliance Industries Limited | 17.72% |
| 2 | AXISBANK | AXIS BANK LTD. | 6.99% |
| 3 | INFY | Infosys Limited | 6.83% |
| 4 | M&M | Mahindra & Mahindra Limited | 6.03% |
| 5 | KOTAKBANK | Kotak Mahindra Bank Limited | 4.85% |
| 6 | HINDALCO | Hindalco Industries Limited | 2.79% |
| 7 | POWERGRID | POWER GRID CORPORATION OF INDIA LTD. | 2.69% |
| 8 | ULTRACEMCO | ULTRATECH CEMENT LTD. | 2.61% |
| 9 | INDIGO | InterGlobe Aviation Limited | 2.29% |
Sector Weights
| Sector | ZJPN | ZID |
|---|---|---|
| Basic Materials | 3.47% | 14.94% |
| Communication Services | 8.12% | 0.74% |
| Consumer Cyclicals | 11.97% | 16.14% |
| Consumer Defensive | 3.84% | 9.76% |
| Energy | 0.75% | 18.21% |
| Financial Services | 17.28% | 14.75% |
| Healthcare | 5.48% | 3.24% |
| Industrials | 23.90% | 7.83% |
| Real Estate | 2.51% | 0.00% |
| Technology | 21.55% | 9.80% |
| Utilities | 1.13% | 4.59% |
About ZJPN
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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.
Which ETF is Right for You?
Both ZJPN and ZID 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 ZJPN and ZID?
ZJPN (BMO Japan Index ETF) and ZID (BMO MSCI India Selection Equity Index ETF) are both Canadian-listed ETFs. Key differences include their AUM ($697M vs $179M), dividend yield (1.15% vs 0.78%), and year-to-date performance (+16.50% vs -12.96%).
Is ZJPN better than ZID?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, ZJPN has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy ZJPN and ZID on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both ZJPN and ZID should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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