Question 1

What is ZID?

Accepted Answer

ZID (BMO MSCI India Selection Equity Index ETF) is a Canadian-listed ETF trading on the TSX in the Geographic Equity category. It tracks the Morningstar Global Markets GR CAD.

Question 2

What is the ZID ETF price today?

Accepted Answer

ZID last traded at $40.63 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZID MER (management expense ratio)?

Accepted Answer

ZID has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, ZID is considered a low-cost ETF.

Question 4

What are ZID annualised returns?

Accepted Answer

ZID historical returns: YTD: -18.89%, 1-year: -14.90%, 3-year annualised: +1.69%, 5-year annualised: +0.70%, 10-year annualised: +8.43%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.09, which measures risk-adjusted return.

Question 5

Does ZID pay dividends or distributions?

Accepted Answer

Yes, ZID distributes income to unitholders. The current distribution yield is approximately 0.79%, paid annually. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does ZID invest in?

Accepted Answer

ZID's top holdings include Reliance Industries Limited (RELIANCE, 17.1%), Infosys Limited (INFY, 7.6%), Mahindra & Mahindra Limited (M&M, 6.4%), AXIS BANK LTD. (AXISBANK, 6.4%), Kotak Mahindra Bank Limited (KOTAKBANK, 5.1%) — and 4 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Global Markets GR CAD.

Question 7

What sectors does ZID invest in?

Accepted Answer

ZID's largest sector exposures are Energy (17.6%), Consumer Cyclicals (17.2%), Basic Materials (14.8%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZID? (Assets under management)

Accepted Answer

ZID has approximately $155M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was ZID launched?

Accepted Answer

ZID was launched on January 19, 2010, giving it a 16-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy ZID in Canada?

Accepted Answer

ZID trades on the TSX under the ticker ZID. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is ZID?

Accepted Answer

ZID has a 1-year volatility of 16.82% and a beta of 0.36 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.09 indicates below-average risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-10-01	$40.75	$40.76	$40.59	$40.63	$40.63	4,315
2026-09-30	$40.65	$40.76	$40.65	$40.76	$40.76	1,044
2026-09-29	$40.90	$40.90	$40.76	$40.85	$40.85	1,592
2026-09-28	$41.08	$41.24	$41.00	$41.20	$41.20	4,670
2026-09-25	$41.61	$41.80	$41.61	$41.80	$41.80	3,817
2026-09-24	$41.55	$41.55	$41.45	$41.46	$41.46	1,007
2026-09-23	$42.07	$42.07	$41.97	$41.97	$41.97	312
2026-09-22	$41.99	$42.00	$41.83	$41.83	$41.83	1,567
2026-09-21	$41.40	$41.99	$41.40	$41.99	$41.99	3,038
2026-09-18	$41.49	$41.50	$41.29	$41.29	$41.29	1,455

#	Ticker	Name	Weight
1	RELIANCE	Reliance Industries Limited	17.13%
2	INFY	Infosys Limited	7.63%
3	M&M	Mahindra & Mahindra Limited	6.38%
4	AXISBANK	AXIS BANK LTD.	6.37%
5	KOTAKBANK	Kotak Mahindra Bank Limited	5.07%
6	HINDALCO	Hindalco Industries Limited	2.91%
7	ULTRACEMCO	ULTRATECH CEMENT LTD.	2.62%
8	HCLTECH	HCL Technologies Limited	2.54%
9	POWERGRID	POWER GRID CORPORATION OF INDIA LTD.	2.44%

Sector	Weight
Energy	17.62%
Consumer Cyclicals	17.17%
Basic Materials	14.80%
Financial Services	14.32%
Technology	10.74%
Consumer Defensive	9.24%
Industrials	7.65%
Utilities	4.31%
Healthcare	3.14%
Communication Services	1.01%
Real Estate	0.00%

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CIBC Investor's Edge

BMO MSCI India Selection Equity Index ETF (ZID : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

7 stocks to buy and hold forever

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Frequently Asked Questions — ZID