VS
BMO MSCI India Selection Equity Index ETF (ZID) and iShares Core S&P/TSX Capped Composite Index ETF (XIC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZID focuses its top 3 sector exposures on Energy, Non-Energy Materials, and Finance, while XIC leans towards Finance, Non-Energy Materials, and Energy. When evaluating costs, ZID features a management fee (MER) of 0.6%, compared to 0.05% for XIC. Performance-wise, ZID has returned 16.37% year-to-date with -$33 M in net flows, whereas XIC is at 15.2% with +$11 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
ZID
XIC
| AuM | $151.29 M | $36,582.72 M |
| Management Fees | 0.60% | 0.05% |
| Exp. ratio | 0.67% | 0.06% |
| Tracking Difference | -0.31% | -0.08% |
Historical performance and flows
As of October 19, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZID | -1.48% | -2.72% | -16.37% | -19.78% | +5.22% |
XIC | -0.07% | +3.29% | +15.20% | +20.70% | +100.95% | |
| Flows | ZID | -$10 M | -$21 M | -$33 M | -$28 M | +$56 M |
XIC | +$2,545 M | +$4,699 M | +$11,229 M | +$12,256 M | +$17,393 M |
ZID vs XIC exposure
Countries
ZID
India
100.00%
XIC
Canada
96.58%
Sectors
ZID
Energy
18.48%
Non-Energy Materials
15.65%
Finance
14.88%
Consumer Cyclicals
12.74%
Technology
11.18%
Consumer Non-Cyclicals
9.25%
Other
17.82%
XIC
Finance
40.52%
Non-Energy Materials
18.87%
Energy
16.69%
Industrials
7.86%
Other
16.05%
As of October 19, 2026
Top 10 Holdings
ZID
Reliance Industries Ltd.
17.14%
Infosys Ltd.
7.63%
Mahindra & Mahindra Ltd.
6.38%
Axis Bank Ltd.
6.37%
Kotak Mahindra Bank Ltd.
5.07%
Hindustan Unilever Ltd.
3.10%
Hindalco Industries Ltd.
2.91%
UltraTech Cement Ltd.
2.62%
HCL Technologies Ltd.
2.54%
Power Grid Corp. of India Ltd.
2.44%
XIC
Royal Bank of Canada
7.63%
The Toronto-Dominion Bank
5.40%
Shopify, Inc.
4.80%
Bank of Montreal
3.19%
The Bank of Nova Scotia
3.00%
Enbridge, Inc.
2.95%
Canadian Natural Resources Ltd.
2.79%
Canadian Imperial Bank of Commerce
2.79%
Agnico Eagle Mines Ltd.
2.75%
Brookfield Corp.
2.35%
Diversification
ZID
Total weight of top 10 holdings out of 53 total
56.20%
XIC
Total weight of top 10 holdings out of 217 total
37.65%
Characteristics
Compare
ZID
XIC
| Provider | BMO | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI India Selection Index - CAD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.82% | 1.97% |
| Meets ESG criteria | Yes | No |
| Inception Date | January 19, 2010 | February 16, 2001 |
Frequently asked questions about ZID and XIC
Which ETF has performed better year to date: ZID or XIC?
As of October 19, 2026, ZID has returned -16.37% year to date, while XIC has returned 15.20%. XIC is ahead on YTD performance.
Which ETF is larger by assets under management: ZID or XIC?
As of October 19, 2026, ZID manages $151.29 M in assets, while XIC manages $36.58 B. XIC is the larger fund by AUM.
How are ZID and XIC managed?
ZID is passively managed by BMO. It tracks the MSCI India Selection Index - CAD benchmark. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do ZID and XIC emphasize?
ZID is most exposed to Energy, Non-Energy Materials, and Finance. XIC is most exposed to Finance, Non-Energy Materials, and Energy.
Which ETF is attracting more investor flows: ZID or XIC?
Year to date, ZID has seen -$33.32 M in net flows, compared with +$11,229.32 M for XIC. XIC has attracted more net investor money so far.
How do the fees of ZID and XIC compare?
ZID has an expense ratio of 0.67%, while XIC has an expense ratio of 0.06%.
What are the top holdings of ZID and XIC?
ZID's largest holdings include Reliance Industries Ltd., Infosys Ltd., and Mahindra & Mahindra Ltd.. XIC's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: ZID or XIC?
ZID holds 53 securities, while XIC holds 217. On holdings count, XIC is the more diversified portfolio.
Recent articles about ZID and XIC
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