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 $43.34 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: -13.48%, 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 0.82%, 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 HDFC Bank Limited (HDFCBANK, 15.4%), Reliance Industries Limited (RELIANCE, 14.6%), Infosys Limited (INFY, 6.8%), AXIS BANK LTD. (AXISBANK, 5.2%), Mahindra & Mahindra Limited (M&M, 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 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 0.37 (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
2026-06-22	$43.04	$43.40	$43.04	$43.34	$43.34	4,060
2026-06-19	$42.84	$43.13	$42.83	$43.12	$43.12	1,880
2026-06-18	$42.02	$43.21	$42.02	$43.00	$43.00	5,599
2026-06-17	$42.68	$43.00	$42.53	$42.62	$42.62	5,531
2026-06-16	$42.32	$42.78	$42.32	$42.68	$42.68	5,744
2026-06-15	$42.12	$42.38	$42.12	$42.32	$42.32	6,969
2026-06-12	$41.44	$41.50	$41.38	$41.41	$41.41	4,237
2026-06-11	$40.57	$40.96	$40.45	$40.96	$40.96	3,732
2026-06-10	$40.80	$40.80	$40.53	$40.55	$40.55	1,518
2026-06-09	$40.78	$40.89	$40.48	$40.66	$40.66	2,781

#	Ticker	Name	Weight
1	HDFCBANK	HDFC Bank Limited	15.39%
2	RELIANCE	Reliance Industries Limited	14.55%
3	INFY	Infosys Limited	6.77%
4	AXISBANK	AXIS BANK LTD.	5.20%
5	M&M	Mahindra & Mahindra Limited	5.05%
6	KOTAKBANK	Kotak Mahindra Bank Limited	3.70%
7	HINDALCO	Hindalco Industries Limited	2.64%
8	POWERGRID	POWER GRID CORPORATION OF INDIA LTD.	2.41%
9	ULTRACEMCO	ULTRATECH CEMENT LTD.	2.41%

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)

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Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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