VS
Vanguard Balanced ETF Portfolio (VBAL) and Vanguard Growth ETF Portfolio (VGRO) offer distinct profiles for Canadian ETF investors. A direct comparison shows that VBAL focuses its top 3 sector exposures on Information Technology, Sovereign, and Financials, while VGRO leans towards Information Technology, Financials, and Industrials. When evaluating costs, VBAL features a management fee (MER) of 0.22%, compared to 0.22% for VGRO. Performance-wise, VBAL has returned 7.91% year-to-date with +$764 M in net flows, whereas VGRO is at 10.23% with +$976 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
VBAL
VGRO
| AuM | $5,529.01 M | $10,275.19 M |
| Management Fees | 0.22% | 0.22% |
| Exp. ratio | 0.24% | 0.24% |
| Tracking Difference | - | - |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VBAL | +2.26% | +7.87% | +7.91% | +18.89% | +52.60% |
VGRO | +2.63% | +10.07% | +10.23% | +24.71% | +68.23% | |
| Flows | VBAL | +$147 M | +$369 M | +$764 M | +$1,301 M | +$1,936 M |
VGRO | +$191 M | +$472 M | +$976 M | +$1,611 M | +$3,255 M |
VBAL vs VGRO exposure
Countries
VBAL
Canada
41.27%
USA
33.79%
Other
24.93%
VGRO
USA
38.45%
Canada
35.72%
Other
25.83%
Sectors
VBAL
Other
14.15%
Information Technology
13.05%
Sovereign
12.21%
Financials
11.56%
Other
49.03%
VGRO
Information Technology
17.13%
Financials
15.30%
Other
11.25%
Industrials
8.04%
Other
48.28%
As of June 12, 2026
Top 10 Holdings
VBAL
NVIDIA
1.82%
APPLE
1.58%
ROYAL BK CANADA
1.31%
MICROSOFT-T
1.20%
AMAZON.COM INC
1.01%
TORONTO DOMINION
0.94%
ALPHABET INC-CL
0.89%
BROADCOM LIMITED
0.78%
SHOPIFY SUBORDINATE VOTING
0.78%
ALPHABET INC-CL
0.70%
VGRO
NVIDIA
2.41%
APPLE
2.08%
ROYAL BK CANADA
1.76%
MICROSOFT-T
1.58%
AMAZON.COM INC
1.34%
TORONTO DOMINION
1.27%
ALPHABET INC-CL
1.17%
SHOPIFY SUBORDINATE VOTING
1.04%
BROADCOM LIMITED
1.03%
ALPHABET INC-CL
0.92%
Diversification
VBAL
Total weight of top 10 holdings out of 33,766 total
11.01%
VGRO
Total weight of top 10 holdings out of 33,252 total
14.61%
Characteristics
Compare
VBAL
VGRO
| Provider | Vanguard | Vanguard |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.06% | 1.71% |
| Meets ESG criteria | No | No |
| Inception Date | February 1, 2018 | February 1, 2018 |
Frequently asked questions about VBAL and VGRO
Which ETF has performed better year to date: VBAL or VGRO?
As of June 12, 2026, VBAL has returned 7.91% year to date, while VGRO has returned 10.23%. VGRO is ahead on YTD performance.
Which ETF is larger by assets under management: VBAL or VGRO?
As of June 12, 2026, VBAL manages $5.53 B in assets, while VGRO manages $10.28 B. VGRO is the larger fund by AUM.
How are VBAL and VGRO managed?
VBAL is actively managed by Vanguard. It does not track an index. VGRO is actively managed by Vanguard. It does not track an index.
What sectors do VBAL and VGRO emphasize?
VBAL is most exposed to Information Technology, Sovereign, and Financials. VGRO is most exposed to Information Technology, Financials, and Industrials.
Which ETF is attracting more investor flows: VBAL or VGRO?
Year to date, VBAL has seen +$764.06 M in net flows, compared with +$976.15 M for VGRO. VGRO has attracted more net investor money so far.
How do the fees of VBAL and VGRO compare?
VBAL has an expense ratio of 0.24%, while VGRO has an expense ratio of 0.24%.
What are the top holdings of VBAL and VGRO?
VBAL's largest holdings include NVIDIA and ALPHABET INC-CL. VGRO's top holdings include NVIDIA and ALPHABET INC-CL.
Which ETF is more diversified: VBAL or VGRO?
VBAL holds 24762 securities, while VGRO holds 24696. On holdings count, VBAL is the more diversified portfolio.
Recent articles about VBAL and VGRO
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