VS
BMO International Dividend ETF (ZDI) and iShares Core S&P/TSX Capped Composite Index ETF (XIC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZDI focuses its top 3 sector exposures on Finance, Industrials, and Consumer Non-Cyclicals, while XIC leans towards Finance, Energy, and Non-Energy Materials. When evaluating costs, ZDI features a management fee (MER) of 0.4%, compared to 0.05% for XIC. Performance-wise, ZDI has returned 15.71% year-to-date with +$121 M in net flows, whereas XIC is at 14.63% with +$9 B. 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
ZDI
XIC
| AuM | $950.51 M | $34,026.14 M |
| Management Fees | 0.40% | 0.05% |
| Exp. ratio | 0.44% | 0.06% |
| Tracking Difference | - | -0.09% |
Historical performance and flows
As of September 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZDI | -0.48% | +1.70% | +15.71% | +22.92% | +67.53% |
XIC | -1.33% | +2.95% | +14.63% | +24.30% | +89.35% | |
| Flows | ZDI | +$36 M | +$68 M | +$121 M | +$155 M | +$264 M |
XIC | +$1,388 M | +$2,850 M | +$8,685 M | +$9,109 M | +$14,851 M |
ZDI vs XIC exposure
Countries
ZDI
Japan
20.47%
France
14.37%
United Kingdom
14.03%
Netherlands
7.60%
Switzerland
7.54%
Other
35.99%
XIC
Canada
96.46%
Sectors
ZDI
Finance
31.23%
Industrials
13.19%
Consumer Non-Cyclicals
8.96%
Healthcare
7.89%
Technology
7.06%
Other
31.67%
XIC
Finance
41.74%
Energy
17.17%
Non-Energy Materials
15.75%
Industrials
8.14%
Other
17.19%
As of September 18, 2026
Top 10 Holdings
ZDI
ASML Holding NV
3.15%
HSBC Holdings Plc
2.85%
Intesa Sanpaolo SpA
2.53%
Roche Holding AG
2.42%
TotalEnergies SE
2.26%
DBS Group Holdings Ltd.
2.26%
Enel SpA
2.10%
Shell Plc
2.06%
Siemens AG
2.02%
Imperial Brands Plc
1.98%
XIC
Royal Bank of Canada
8.10%
The Toronto-Dominion Bank
5.52%
Shopify, Inc.
4.12%
Bank of Montreal
3.45%
Enbridge, Inc.
3.34%
Canadian Imperial Bank of Commerce
3.00%
The Bank of Nova Scotia
2.98%
Canadian Natural Resources Ltd.
2.72%
Brookfield Corp.
2.48%
Suncor Energy, Inc.
2.17%
Diversification
ZDI
Total weight of top 10 holdings out of 108 total
23.64%
XIC
Total weight of top 10 holdings out of 219 total
37.87%
Characteristics
Compare
ZDI
XIC
| Provider | BMO | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.00% | 1.96% |
| Meets ESG criteria | No | No |
| Inception Date | November 12, 2014 | February 16, 2001 |
Frequently asked questions about ZDI and XIC
Which ETF has performed better year to date: ZDI or XIC?
As of September 18, 2026, ZDI has returned 15.71% year to date, while XIC has returned 14.63%. ZDI is ahead on YTD performance.
Which ETF is larger by assets under management: ZDI or XIC?
As of September 18, 2026, ZDI manages $950.51 M in assets, while XIC manages $34.03 B. XIC is the larger fund by AUM.
How are ZDI and XIC managed?
ZDI is actively managed by BMO. It does not track an index. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do ZDI and XIC emphasize?
ZDI is most exposed to Finance, Industrials, and Consumer Non-Cyclicals. XIC is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: ZDI or XIC?
Year to date, ZDI has seen +$121.16 M in net flows, compared with +$8,684.54 M for XIC. XIC has attracted more net investor money so far.
How do the fees of ZDI and XIC compare?
ZDI has an expense ratio of 0.44%, while XIC has an expense ratio of 0.06%.
What are the top holdings of ZDI and XIC?
ZDI's largest holdings include Roche Holding AG, ASML Holding NV, and HSBC Holdings Plc. XIC's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: ZDI or XIC?
ZDI holds 107 securities, while XIC holds 219. On holdings count, XIC is the more diversified portfolio.
Recent articles about ZDI and XIC
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.