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Compare Manulife Smart US Dividend ETF (UDIV) vs Vanguard U.S. Dividend Appreciation Index ETF (VGH) to find the best fit for your portfolio. UDIV provides Technology, Finance, and Industrials exposures, while VGH is primarily weighted in Technology, Finance, and Healthcare. When evaluating costs, UDIV features a management fee (MER) of 0.33%, compared to 0.28% for VGH. Performance-wise, UDIV has returned 18.23% year-to-date with +$11 M in net flows, whereas VGH is at 13.48% with +$28 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
UDIV
VGH
| AuM | $102.92 M | $1,082.42 M |
| Management Fees | 0.33% | 0.28% |
| Exp. ratio | 0.37% | 0.32% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | UDIV | -0.32% | -2.98% | +18.23% | +17.80% | +59.86% |
VGH | +4.83% | +2.22% | +13.48% | +14.02% | +57.80% | |
| Flows | UDIV | +$6 M | +$1 M | +$11 M | +$9 M | -$37 M |
VGH | +$2 M | +$7 M | +$28 M | +$43 M | +$190 M |
UDIV vs VGH exposure
Countries
UDIV
USA
94.55%
VGH
USA
95.23%
Sectors
UDIV
Technology
45.31%
Finance
23.01%
Industrials
7.38%
Other
24.31%
VGH
Technology
27.35%
Finance
19.41%
Healthcare
18.47%
Industrials
9.45%
Consumer Non-Cyclicals
8.93%
Other
16.39%
As of November 11, 2026
Top 10 Holdings
UDIV
NVIDIA Corp.
8.28%
Microsoft Corp.
5.89%
Cisco Systems, Inc.
3.39%
Lam Research Corp.
2.97%
Apple, Inc.
2.80%
Verizon Communications, Inc.
2.64%
United Parcel Service, Inc.
2.59%
Broadcom Inc.
2.43%
HP, Inc.
2.27%
Johnson & Johnson
2.13%
VGH
Microsoft Corp.
4.89%
Apple, Inc.
4.87%
Broadcom Inc.
4.29%
Eli Lilly & Co.
4.09%
JPMorgan Chase & Co.
3.88%
ExxonMobil Holdings Corp.
2.95%
Johnson & Johnson
2.82%
Visa, Inc.
2.52%
Walmart, Inc.
2.04%
AbbVie, Inc.
2.04%
Diversification
UDIV
Total weight of top 10 holdings out of 105 total
35.39%
VGH
Total weight of top 10 holdings out of 333 total
34.39%
Characteristics
Compare
UDIV
VGH
| Provider | Manulife Investments | Vanguard |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P U.S. Dividend Growers Index - USD |
| Replication Method | - | Other |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.86% | 1.03% |
| Meets ESG criteria | No | No |
| Inception Date | November 10, 2020 | August 2, 2013 |
Frequently asked questions about UDIV and VGH
Which ETF has performed better year to date: UDIV or VGH?
As of November 11, 2026, UDIV has returned 18.23% year to date, while VGH has returned 13.48%. UDIV is ahead on YTD performance.
Which ETF is larger by assets under management: UDIV or VGH?
As of November 11, 2026, UDIV manages $102.92 M in assets, while VGH manages $1.08 B. VGH is the larger fund by AUM.
How are UDIV and VGH managed?
UDIV is actively managed by Manulife Investments. It does not track an index. VGH is passively managed by Vanguard. It tracks the S&P U.S. Dividend Growers Index - USD benchmark.
What sectors do UDIV and VGH emphasize?
UDIV is most exposed to Technology, Finance, and Industrials. VGH is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: UDIV or VGH?
Year to date, UDIV has seen +$10.77 M in net flows, compared with +$27.97 M for VGH. VGH has attracted more net investor money so far.
How do the fees of UDIV and VGH compare?
UDIV has an expense ratio of 0.37%, while VGH has an expense ratio of 0.32%.
What are the top holdings of UDIV and VGH?
UDIV's largest holdings include NVIDIA Corp., Microsoft Corp., and Cisco Systems, Inc.. VGH's top holdings include Microsoft Corp., Apple, Inc., and Broadcom Inc..
Which ETF is more diversified: UDIV or VGH?
UDIV holds 105 securities, while VGH holds 331. On holdings count, VGH is the more diversified portfolio.
Recent articles about UDIV and VGH
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