Question 1

What is ZID?

Accepted Answer

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

Question 2

What is the ZID ETF price today?

Accepted Answer

ZID last traded at $41.05 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: -18.05%, 1-year: -20.56%, 3-year annualised: +1.49%, 5-year annualised: +0.32%, 10-year annualised: +8.26%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is -0.05, 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 0.80%, 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, 16.1%), Infosys Limited (INFY, 6.8%), AXIS BANK LTD. (AXISBANK, 6.3%), Mahindra & Mahindra Limited (M&M, 5.9%), 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 Consumer Cyclicals (18.7%), Energy (16.1%), Financial Services (15.1%). 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 $151M 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 17.28% and a beta of 0.43 (less volatile than the broad market). Its 3-year Sharpe ratio of -0.05 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
2026-10-22	$40.62	$41.05	$40.62	$41.05	$41.05	1,905
2026-10-21	$41.27	$41.27	$41.27	$41.27	$41.27	529
2026-10-20	$41.34	$41.60	$41.34	$41.60	$41.60	6,045
2026-10-19	$41.71	$41.71	$41.21	$41.34	$41.34	746
2026-10-16	$42.13	$42.13	$42.02	$42.03	$42.03	2,186
2026-10-15	$41.30	$42.13	$41.30	$42.13	$42.13	2,485
2026-10-14	$41.29	$41.30	$41.27	$41.30	$41.30	1,444
2026-10-13	$40.37	$41.40	$40.37	$41.33	$41.33	8,102
2026-10-09	$40.30	$40.32	$40.22	$40.31	$40.31	1,100
2026-10-08	$40.00	$40.00	$39.75	$39.85	$39.85	4,111

#	Ticker	Name	Weight
1	RELIANCE	Reliance Industries Limited	16.12%
2	INFY	Infosys Limited	6.83%
3	AXISBANK	AXIS BANK LTD.	6.28%
4	M&M	Mahindra & Mahindra Limited	5.90%
5	KOTAKBANK	Kotak Mahindra Bank Limited	5.12%
6	ETERNAL	Eternal Limited	3.67%
7	HINDALCO	Hindalco Industries Limited	2.83%
8	ULTRACEMCO	ULTRATECH CEMENT LTD.	2.65%
9	HCLTECH	HCL Technologies Limited	2.51%

Sector	Weight
Consumer Cyclicals	18.73%
Energy	16.12%
Financial Services	15.11%
Basic Materials	14.15%
Technology	10.18%
Consumer Defensive	9.49%
Industrials	7.51%
Utilities	4.32%
Healthcare	3.27%
Communication Services	0.98%
Real Estate	0.00%

Ticker	Name	Price	1D
SOXD		$18.09	+20.44%
CGMD		$6.95	+16.03%
GASD		$5.54	+12.37%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$9.75	+12.33%
SLVD	BetaPro Silver -2x Daily Bear ETF	$42.12	+11.75%
MSTZ		$1.97	+11.30%
CSUU		$12.05	+9.95%
QQQD		$7.28	+8.66%

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

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Frequently Asked Questions — ZID