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TSE:ZID
BMO India Equity Hedged to CAD ETF (ZID.TO)
Financials 
Technical Analysis 
Jun 18, 2026, 12:00 amThis summary was created by AI, based on 7 opinions in the last 12 months.
The BMO India Equity Hedged to CAD ETF (ZID-T) presents a mixed outlook among experts. Some analysts advise caution, labeling the ETF as a potential 'avoid' until it shows signs of bottoming out and momentum returning, particularly given India's vulnerabilities to oil prices. However, others find the ETF attractive due to its technical indicators, such as a triangle breakout formation, which could signal strong future performance. The NASDAQ has shown interest in India's growth potential, especially with its youthful population and economic prospects, leading some to view ZID favorably as a long-term investment. Comparisons with alternative ETFs highlight ZID's lower fees and diversification benefits, positioning it as a preferable choice in the India-focused ETF space.
There has been a lot of enthusiasm about India’s new prime minister, and that he will be freeing up a lot of the capital restriction rules with much more open markets. The prices of these things have really gone through the roof in anticipation, but he doesn’t think it is being done yet. This is not something he would want to go into right now.
Hit a peak of around $21 and had expected it to come off a little, which it has. He has his 1st tranche in there for one client class, and is waiting to buy it for the 2nd client class. Chart shows a long downward and upward curve from 2011, which could become a cup and handle. He would like it to stay above the $17 level.
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Chart shows a strong upward trend from late 2013. Recently pulled back a little and is an opportunity within the trend that people ought to look at. India has been very accommodative of business.