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 Sovereign, Information Technology, 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 4.18% year-to-date with +$590 M in net flows, whereas VGRO is at 5.51% with +$742 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 | $5,168.04 M | $9,607.31 M |
| Management Fees | 0.22% | 0.22% |
| Exp. ratio | 0.24% | 0.24% |
| Tracking Difference | - | - |
Historical performance and flows
As of May 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VBAL | +3.37% | +2.31% | +4.18% | +19.16% | +47.01% |
VGRO | +4.36% | +3.16% | +5.51% | +25.52% | +61.12% | |
| Flows | VBAL | +$118 M | +$453 M | +$590 M | +$1,181 M | +$1,792 M |
VGRO | +$156 M | +$515 M | +$742 M | +$1,474 M | +$3,077 M |
VBAL vs VGRO exposure
Countries
VBAL
Canada
42.17%
USA
33.29%
Other
24.53%
VGRO
USA
37.67%
Canada
36.64%
Other
25.69%
Sectors
VBAL
Other
13.62%
Sovereign
12.96%
Information Technology
11.84%
Financials
11.34%
Municipal
7.12%
Other
43.13%
VGRO
Information Technology
15.70%
Financials
15.07%
Other
10.99%
Industrials
7.93%
Other
50.30%
As of May 1, 2026
Top 10 Holdings
VBAL
NVIDIA
1.68%
APPLE
1.56%
ROYAL BK CANADA
1.28%
MICROSOFT-T
1.15%
TORONTO DOMINION
0.89%
AMAZON.COM INC
0.84%
SHOPIFY SUBORDINATE VOTING
0.82%
ALPHABET INC-CL
0.70%
ENBRIDGE
0.67%
BROADCOM LIMITED
0.61%
VGRO
NVIDIA
2.25%
APPLE
2.08%
ROYAL BK CANADA
1.71%
MICROSOFT-T
1.53%
TORONTO DOMINION
1.19%
AMAZON.COM INC
1.12%
SHOPIFY SUBORDINATE VOTING
1.10%
ALPHABET INC-CL
0.93%
ENBRIDGE
0.89%
BROADCOM LIMITED
0.82%
Diversification
VBAL
Total weight of top 10 holdings out of 33,845 total
10.19%
VGRO
Total weight of top 10 holdings out of 33,350 total
13.63%
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 | 2.13% | 1.79% |
| 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 May 1, 2026, VBAL has returned 4.18% year to date, while VGRO has returned 5.51%. VGRO is ahead on YTD performance.
Which ETF is larger by assets under management: VBAL or VGRO?
As of May 1, 2026, VBAL manages $5.17 B in assets, while VGRO manages $9.61 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 Sovereign, Information Technology, 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 +$590.13 M in net flows, compared with +$741.52 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 APPLE. VGRO's top holdings include NVIDIA and APPLE.
Which ETF is more diversified: VBAL or VGRO?
VBAL holds 24963 securities, while VGRO holds 24906. On holdings count, VBAL is the more diversified portfolio.
Recent articles about VBAL and VGRO
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