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BMO Low Volatility International Equity ETF (ZLI) and TD Q International Dividend ETF (TQID) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZLI focuses its top 3 sector exposures on Finance, Telecommunications, and Utilities, while TQID leans towards Finance, Industrials, and Technology. When evaluating costs, ZLI features a management fee (MER) of 0.4%, compared to 0.4% for TQID. 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
ZLI
TQID
| AuM | $294.30 M | $2.95 M |
| Management Fees | 0.40% | 0.40% |
| Exp. ratio | 0.45% | 0.40% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZLI | +4.91% | +2.15% | +11.73% | +10.88% | +52.69% |
TQID | -1.42% | - | - | - | - | |
| Flows | ZLI | +$0 M | -$6 M | -$3 M | -$0 M | -$170 M |
TQID | +$2 M | - | - | - | - |
ZLI vs TQID exposure
Countries
ZLI
Japan
26.37%
United Kingdom
13.71%
Netherlands
9.50%
France
9.19%
Germany
8.86%
Other
32.37%
TQID
Japan
26.09%
United Kingdom
13.70%
France
9.66%
Switzerland
7.90%
Germany
7.62%
Other
35.03%
Sectors
ZLI
Finance
23.25%
Telecommunications
10.92%
Utilities
10.79%
Consumer Non-Cyclicals
10.69%
Industrials
10.16%
Technology
9.69%
Other
24.50%
TQID
Finance
30.16%
Industrials
17.92%
Technology
10.96%
Healthcare
9.27%
Other
31.70%
As of October 30, 2026
Top 10 Holdings
ZLI
Euronext NV
2.37%
Deutsche Börse AG
1.99%
Orange SA
1.88%
Japan Post Holdings Co., Ltd.
1.75%
SoftBank Corp.
1.67%
Nitori Holdings Co., Ltd.
1.58%
Insurance Australia Group Ltd.
1.55%
KDDI Corp.
1.53%
OBIC Co. Ltd.
1.51%
SECOM Co., Ltd.
1.50%
TQID
ASML Holding NV
2.71%
BP Plc
2.13%
Intesa Sanpaolo SpA
2.03%
NatWest Group Plc
1.88%
Japan Tobacco, Inc.
1.80%
HSBC Holdings Plc
1.68%
Nordea Bank Abp
1.65%
Canon, Inc.
1.65%
Daito Trust Construction Co. Ltd.
1.51%
AIB Group plc
1.50%
Diversification
ZLI
Total weight of top 10 holdings out of 101 total
17.33%
TQID
Total weight of top 10 holdings out of 171 total
18.54%
Characteristics
Compare
ZLI
TQID
| Provider | BMO | TD Asset Management |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.03% | - |
| Meets ESG criteria | No | No |
| Inception Date | September 2, 2015 | July 23, 2026 |
Frequently asked questions about ZLI and TQID
Which ETF is larger by assets under management: ZLI or TQID?
As of October 30, 2026, ZLI manages $294.30 M in assets, while TQID manages $2.95 M. ZLI is the larger fund by AUM.
How are ZLI and TQID managed?
ZLI is actively managed by BMO. It does not track an index. TQID is actively managed by TD Asset Management. It does not track an index.
What sectors do ZLI and TQID emphasize?
ZLI is most exposed to Finance, Telecommunications, and Utilities. TQID is most exposed to Finance, Industrials, and Technology.
How do the fees of ZLI and TQID compare?
ZLI has an expense ratio of 0.45%, while TQID has an expense ratio of 0.40%.
What are the top holdings of ZLI and TQID?
ZLI's largest holdings include Euronext NV, Deutsche Börse AG, and Orange SA. TQID's top holdings include ASML Holding NV, BP Plc, and Intesa Sanpaolo SpA.
Which ETF is more diversified: ZLI or TQID?
ZLI holds 101 securities, while TQID holds 170. On holdings count, TQID is the more diversified portfolio.
Recent articles about ZLI and TQID
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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.