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 $42.81 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: -14.53%, 1-year: -14.32%, 3-year annualised: +3.38%, 5-year annualised: +2.14%, 10-year annualised: +9.05%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.12, 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 0.78%, 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, 17.4%), Infosys Limited (INFY, 7.2%), AXIS BANK LTD. (AXISBANK, 6.3%), Mahindra & Mahindra Limited (M&M, 6.2%), Kotak Mahindra Bank Limited (KOTAKBANK, 4.6%) — 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 (17.9%), Consumer Cyclicals (16.6%), Basic Materials (14.9%). 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 $167M 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 16.91% and a beta of 0.36 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.12 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
2026-08-20	$42.90	$43.01	$42.81	$42.81	$42.81	2,515
2026-08-19	$42.90	$42.97	$42.90	$42.97	$42.97	2,115
2026-08-18	$43.09	$43.20	$42.94	$42.94	$42.94	2,125
2026-08-17	$43.48	$43.48	$43.10	$43.10	$43.10	1,354
2026-08-14	$43.70	$43.70	$43.41	$43.41	$43.41	2,297
2026-08-13	$44.00	$44.06	$43.84	$43.84	$43.84	1,125
2026-08-12	$44.06	$44.14	$43.80	$43.92	$43.92	2,368
2026-08-11	$44.03	$44.03	$44.03	$44.03	$44.03	579
2026-08-10	$44.38	$44.38	$44.01	$44.01	$44.01	3,998
2026-08-07	$44.08	$44.26	$44.08	$44.16	$44.16	2,328

#	Ticker	Name	Weight
1	RELIANCE	Reliance Industries Limited	17.41%
2	INFY	Infosys Limited	7.17%
3	AXISBANK	AXIS BANK LTD.	6.34%
4	M&M	Mahindra & Mahindra Limited	6.18%
5	KOTAKBANK	Kotak Mahindra Bank Limited	4.65%
6	HINDALCO	Hindalco Industries Limited	2.75%
7	ULTRACEMCO	ULTRATECH CEMENT LTD.	2.74%
8	POWERGRID	POWER GRID CORPORATION OF INDIA LTD.	2.70%
9	HCLTECH	HCL Technologies Limited	2.44%

Sector	Weight
Energy	17.89%
Consumer Cyclicals	16.64%
Basic Materials	14.85%
Financial Services	13.82%
Technology	10.13%
Consumer Defensive	9.98%
Industrials	7.74%
Utilities	4.74%
Healthcare	3.30%
Communication Services	0.90%
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