iShares India Index ETF (XID) and BMO S&P 500 Index ETF (ZSP) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XID focuses its top 3 sector exposures on Finance, Consumer Cyclicals, and Energy, while ZSP leans towards Technology, Finance, and Healthcare. When evaluating costs, XID features a management fee (MER) of 0.98%, compared to 0.08% for ZSP. Performance-wise, XID has returned 10% year-to-date with +$4 M in net flows, whereas ZSP is at 13.58% with +$452 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
ZSP
| AuM | $120.86 M | $24,332.28 M |
| Management Fees | 0.98% | 0.08% |
| Exp. ratio | 0.92% | 0.09% |
| Tracking Difference | - | -0.25% |
Historical performance and flows
As of September 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XID | -2.91% | +3.71% | -10.00% | -6.73% | +7.09% |
ZSP | -2.43% | +0.98% | +13.58% | +21.06% | +78.34% | |
| Flows | XID | -$14 M | -$15 M | +$4 M | +$9 M | +$69 M |
ZSP | +$57 M | +$200 M | +$452 M | +$896 M | +$5,264 M |
XID vs ZSP exposure
Countries
XID
India
99.72%
ZSP
USA
96.51%
Sectors
XID
Finance
35.90%
Consumer Cyclicals
9.72%
Energy
9.56%
Technology
8.53%
Industrials
8.31%
Non-Energy Materials
7.13%
Other
20.85%
ZSP
Technology
44.85%
Finance
14.06%
Healthcare
8.98%
Consumer Non-Cyclicals
8.97%
Industrials
7.63%
Other
15.53%
As of September 1, 2026
Top 10 Holdings
XID
HDFC Bank Ltd.
10.33%
ICICI Bank Ltd.
9.19%
Reliance Industries Ltd.
7.82%
Bharti Airtel Ltd.
5.33%
Larsen & Toubro Ltd.
4.13%
State Bank of India
3.81%
Infosys Ltd.
3.63%
BlackRock Cash Funds - Treasury
3.53%
Axis Bank Ltd.
3.15%
Mahindra & Mahindra Ltd.
2.63%
ZSP
Apple, Inc.
7.66%
NVIDIA Corp.
7.39%
Microsoft Corp.
5.24%
Amazon.com, Inc.
3.61%
Alphabet, Inc.
3.07%
Broadcom Inc.
2.88%
Alphabet, Inc.
2.47%
Meta Platforms, Inc.
1.85%
Micron Technology, Inc.
1.55%
JPMorgan Chase & Co.
1.47%
Diversification
XID
Total weight of top 10 holdings out of 51 total
53.56%
ZSP
Total weight of top 10 holdings out of 502 total
37.19%
Characteristics
Compare
XID
ZSP
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | NSE Nifty 50 Index - INR | S&P 500 CAD Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 16.26% | 0.76% |
| Meets ESG criteria | No | No |
| Inception Date | January 21, 2010 | November 14, 2012 |
Frequently asked questions about XID and ZSP
Which ETF has performed better year to date: XID or ZSP?
As of September 1, 2026, XID has returned -10.00% year to date, while ZSP has returned 13.58%. ZSP is ahead on YTD performance.
Which ETF is larger by assets under management: XID or ZSP?
As of September 1, 2026, XID manages $120.86 M in assets, while ZSP manages $24.33 B. ZSP is the larger fund by AUM.
How are XID and ZSP managed?
XID is passively managed by iShares. It tracks the NSE Nifty 50 Index - INR benchmark. ZSP is passively managed by BMO. It tracks the S&P 500 CAD Total Return Index - CAD benchmark.
What sectors do XID and ZSP emphasize?
XID is most exposed to Finance, Consumer Cyclicals, and Energy. ZSP is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: XID or ZSP?
Year to date, XID has seen +$4.10 M in net flows, compared with +$452.11 M for ZSP. ZSP has attracted more net investor money so far.
How do the fees of XID and ZSP compare?
XID has an expense ratio of 0.92%, while ZSP has an expense ratio of 0.09%.
What are the top holdings of XID and ZSP?
XID's largest holdings include HDFC Bank Ltd., ICICI Bank Ltd., and Reliance Industries Ltd.. ZSP's top holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc..
Which ETF is more diversified: XID or ZSP?
XID holds 51 securities, while ZSP holds 494. On holdings count, ZSP is the more diversified portfolio.
Recent articles about XID and ZSP
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