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Compare BMO MSCI EAFE Index ETF (ZEA) vs BMO MSCI EAFE Hedged to CAD Index ETF (ZDM) to find the best fit for your portfolio. ZEA and ZDM provide the same top sector exposures: Finance, Industrials, and Technology. When evaluating costs, ZEA features a management fee (MER) of 0.2%, compared to 0.2% for ZDM. Performance-wise, ZEA has returned 13.02% year-to-date with +$894 M in net flows, whereas ZDM is at 12.14% with +$253 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
ZEA
ZDM
| AuM | $13,519.45 M | $1,977.29 M |
| Management Fees | 0.20% | 0.20% |
| Exp. ratio | 0.22% | 0.22% |
| Tracking Difference | -0.84% | -1.22% |
Historical performance and flows
As of September 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZEA | -2.37% | +0.52% | +13.02% | +17.64% | +66.74% |
ZDM | -2.88% | +0.93% | +12.14% | +19.45% | +57.35% | |
| Flows | ZEA | +$124 M | +$826 M | +$894 M | +$1,012 M | +$2,757 M |
ZDM | +$31 M | +$95 M | +$253 M | +$424 M | +$863 M |
ZEA vs ZDM exposure
Countries
ZEA
Japan
24.83%
United Kingdom
13.79%
Switzerland
9.29%
France
8.17%
Germany
8.11%
Australia
7.07%
Other
28.75%
ZDM
Japan
24.79%
United Kingdom
13.77%
Switzerland
9.28%
France
8.15%
Germany
8.10%
Australia
7.06%
Other
28.84%
Sectors
ZEA
Finance
27.47%
Industrials
16.39%
Technology
11.86%
Healthcare
9.39%
Consumer Non-Cyclicals
8.10%
Non-Energy Materials
7.46%
Other
19.34%
ZDM
Finance
27.44%
Industrials
16.37%
Technology
11.84%
Healthcare
9.38%
Consumer Non-Cyclicals
8.09%
Non-Energy Materials
7.45%
Other
19.44%
As of September 16, 2026
Top 10 Holdings
ZEA
ASML Holding NV
2.51%
HSBC Holdings Plc
1.42%
Roche Holding AG
1.20%
Novartis AG
1.12%
Nestlé SA
1.03%
AstraZeneca PLC
1.01%
Shell Plc
0.98%
Siemens AG
0.94%
Mitsubishi UFJ Financial Group, Inc.
0.92%
BHP Group Ltd.
0.82%
ZDM
ASML Holding NV
2.51%
HSBC Holdings Plc
1.42%
Roche Holding AG
1.20%
Novartis AG
1.12%
Nestlé SA
1.03%
AstraZeneca PLC
1.01%
Shell Plc
0.97%
Siemens AG
0.94%
Mitsubishi UFJ Financial Group, Inc.
0.92%
BHP Group Ltd.
0.82%
Diversification
ZEA
Total weight of top 10 holdings out of 2,608 total
11.96%
ZDM
Total weight of top 10 holdings out of 2,608 total
11.94%
Characteristics
Compare
ZEA
ZDM
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI EAFE Net Total Return Index - CAD | MSCI EAFE 100% Hedged to CAD Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.91% | 1.91% |
| Meets ESG criteria | No | No |
| Inception Date | February 10, 2014 | October 20, 2009 |
Frequently asked questions about ZEA and ZDM
Which ETF has performed better year to date: ZEA or ZDM?
As of September 16, 2026, ZEA has returned 13.02% year to date, while ZDM has returned 12.14%. ZEA is ahead on YTD performance.
Which ETF is larger by assets under management: ZEA or ZDM?
As of September 16, 2026, ZEA manages $13.52 B in assets, while ZDM manages $1.98 B. ZEA is the larger fund by AUM.
How are ZEA and ZDM managed?
ZEA is passively managed by BMO. It tracks the MSCI EAFE Net Total Return Index - CAD benchmark. ZDM is passively managed by BMO. It tracks the MSCI EAFE 100% Hedged to CAD Net Total Return Index - CAD benchmark.
What sectors do ZEA and ZDM emphasize?
ZEA is most exposed to Finance, Industrials, and Technology. ZDM is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: ZEA or ZDM?
Year to date, ZEA has seen +$894.24 M in net flows, compared with +$252.52 M for ZDM. ZEA has attracted more net investor money so far.
How do the fees of ZEA and ZDM compare?
ZEA has an expense ratio of 0.22%, while ZDM has an expense ratio of 0.22%.
What are the top holdings of ZEA and ZDM?
ZEA's largest holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG. ZDM's top holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG.
Which ETF is more diversified: ZEA or ZDM?
ZEA holds 2596 securities, while ZDM holds 2596. On holdings count, ZEA is the more diversified portfolio.
Recent articles about ZEA and ZDM
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