TSE:ZID
BMO India Equity Hedged to CAD ETF (ZID.TO)
Financials 
Technical Analysis 
Jul 14, 2026, 12:00 amThis summary was created by AI, based on 6 opinions in the last 12 months.
The BMO India Equity Hedged to CAD ETF (ZID-T) has received mixed reviews from various experts. Some analysts advise avoiding the ETF due to its current downward trend, suggesting that it may be better to wait for signs of recovery and momentum before investing. There are insights that the ETF broke below a significant price point, leading to a cautious outlook. However, some see potential, highlighting the long-term growth opportunities in India due to demographic advantages and improving infrastructure. Comparisons with other ETFs such as XID suggest that ZID may offer better diversification and lower fees, making it appealing for long-term investors despite current volatility. Technical analysis indicates a possible breakout pattern, which adds a degree of optimism, but concerns about government corruption and macroeconomic factors remain.
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.