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 $42.92 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: -14.31%, 1-year: -16.46%, 3-year annualised: +3.84%, 5-year annualised: +2.91%, 10-year annualised: +9.22%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.04, 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, 17.3%), Infosys Limited (INFY, 8.0%), AXIS BANK LTD. (AXISBANK, 6.7%), Mahindra & Mahindra Limited (M&M, 5.8%), Kotak Mahindra Bank Limited (KOTAKBANK, 4.7%) — and 3 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 Financial Services (26.4%), Energy (14.9%), Consumer Cyclicals (13.8%). 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 $174M 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 16.46% and a beta of 0.38 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.04 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
2026-07-13	$43.06	$43.11	$42.88	$42.92	$42.92	2,484
2026-07-10	$43.26	$43.42	$43.19	$43.19	$43.19	2,573
2026-07-09	$42.78	$43.23	$42.78	$43.23	$43.23	1,998
2026-07-08	$43.08	$43.08	$42.56	$42.72	$42.72	793
2026-07-07	$44.08	$44.08	$43.69	$43.75	$43.75	2,425
2026-07-06	$43.78	$44.10	$43.78	$44.10	$44.10	3,110
2026-07-03	$43.50	$43.75	$43.45	$43.59	$43.59	3,327
2026-07-02	$42.67	$43.55	$42.67	$43.52	$43.52	12,897
2026-06-30	$42.82	$42.82	$42.78	$42.78	$42.78	400
2026-06-29	$43.07	$43.07	$42.65	$42.66	$42.66	3,048

#	Ticker	Name	Weight
1	RELIANCE	Reliance Industries Limited	17.34%
2	INFY	Infosys Limited	8.05%
3	AXISBANK	AXIS BANK LTD.	6.66%
4	M&M	Mahindra & Mahindra Limited	5.83%
5	KOTAKBANK	Kotak Mahindra Bank Limited	4.68%
6	HINDALCO	Hindalco Industries Limited	3.10%
7	POWERGRID	POWER GRID CORPORATION OF INDIA LTD.	2.67%
8	ULTRACEMCO	ULTRATECH CEMENT LTD.	2.52%

Sector	Weight
Financial Services	26.40%
Energy	14.89%
Consumer Cyclicals	13.79%
Basic Materials	12.47%
Consumer Defensive	9.09%
Technology	8.25%
Industrials	6.13%
Utilities	4.08%
Healthcare	3.84%
Communication Services	0.60%
Real Estate	0.47%

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

CIBC Investor's Edge

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