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Compare iShares India Index ETF (XID) vs BMO MSCI India Selection Equity Index ETF (ZID) to find the best fit for your portfolio. XID provides Finance, Energy, and Consumer Cyclicals exposures, while ZID is primarily weighted in Energy, Non-Energy Materials, and Finance. When evaluating costs, XID features a management fee (MER) of 0.98%, compared to 0.6% for ZID. Performance-wise, XID has returned 2.66% year-to-date with +$1 M in net flows, whereas ZID is at 6.61% with -$33 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
XID
ZID
| AuM | $127.18 M | $168.94 M |
| Management Fees | 0.98% | 0.60% |
| Exp. ratio | 0.75% | 0.67% |
| Tracking Difference | - | -0.19% |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XID | +11.06% | +7.06% | -2.66% | -5.19% | +15.07% |
ZID | +11.99% | +5.21% | -6.61% | -9.39% | +17.47% | |
| Flows | XID | -$4 M | -$15 M | +$1 M | +$11 M | +$54 M |
ZID | -$4 M | -$12 M | -$33 M | -$36 M | +$56 M |
XID vs ZID exposure
Countries
XID
India
99.38%
ZID
India
100.00%
Sectors
XID
Finance
36.44%
Energy
9.46%
Consumer Cyclicals
9.36%
Industrials
8.95%
Technology
7.58%
Non-Energy Materials
7.34%
Other
20.87%
ZID
Energy
17.50%
Non-Energy Materials
15.46%
Finance
15.29%
Consumer Cyclicals
12.37%
Technology
10.85%
Consumer Non-Cyclicals
9.28%
Other
19.26%
As of November 11, 2026
Top 10 Holdings
XID
US4642895290
99.95%
ZID
Reliance Industries Ltd.
16.07%
Infosys Ltd.
7.31%
Axis Bank Ltd.
6.61%
Mahindra & Mahindra Ltd.
6.07%
Kotak Mahindra Bank Ltd.
5.25%
Eternal Ltd.
3.71%
Hindustan Unilever Ltd.
3.10%
Hindalco Industries Ltd.
2.92%
UltraTech Cement Ltd.
2.65%
Power Grid Corp. of India Ltd.
2.59%
Diversification
XID
Total weight of top 10 holdings out of 50 total
99.95%
ZID
Total weight of top 10 holdings out of 51 total
56.28%
Characteristics
Compare
XID
ZID
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | NSE Nifty 50 Index - INR | MSCI India Selection Index - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 15.04% | 0.74% |
| Meets ESG criteria | No | Yes |
| Inception Date | January 21, 2010 | January 19, 2010 |
Frequently asked questions about XID and ZID
Which ETF has performed better year to date: XID or ZID?
As of November 11, 2026, XID has returned -2.66% year to date, while ZID has returned -6.61%. XID is ahead on YTD performance.
Which ETF is larger by assets under management: XID or ZID?
As of November 11, 2026, XID manages $127.18 M in assets, while ZID manages $168.94 M. ZID is the larger fund by AUM.
How are XID and ZID managed?
XID is passively managed by iShares. It tracks the NSE Nifty 50 Index - INR benchmark. ZID is passively managed by BMO. It tracks the MSCI India Selection Index - CAD benchmark.
Which ETF is more diversified: XID or ZID?
XID holds 1 securities, while ZID holds 51. On holdings count, ZID is the more diversified portfolio.
Which ETF is attracting more investor flows: XID or ZID?
Year to date, XID has seen +$0.70 M in net flows, compared with -$33.32 M for ZID. XID has attracted more net investor money so far.
How do the fees of XID and ZID compare?
XID has an expense ratio of 0.75%, while ZID has an expense ratio of 0.67%.
What sectors do XID and ZID emphasize?
XID is most exposed to Finance, Energy, and Consumer Cyclicals. ZID is most exposed to Energy, Non-Energy Materials, and Finance.
Recent articles about XID and ZID
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.





