Compare Vanguard FTSE Canada Index ETF (VCE) vs BMO S&P/TSX 60 Index ETF (ZIU) to find the best fit for your portfolio. VCE and ZIU provide the same top sector exposures: Financials, Energy, and Materials. When evaluating costs, VCE features a management fee (MER) of 0.05%, compared to 0.15% for ZIU. Performance-wise, VCE has returned 8.17% year-to-date with +$238 M in net flows, whereas ZIU is at 9.09% with +$132 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
VCE
ZIU
| AuM | $3,419.03 M | $260.70 M |
| Management Fees | 0.05% | 0.15% |
| Exp. ratio | 0.06% | 0.15% |
| Tracking Difference | 0.70% | -0.26% |
Historical performance and flows
As of May 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VCE | -0.21% | +2.47% | +8.17% | +31.40% | +87.13% |
ZIU | +2.19% | +3.76% | +9.09% | +33.11% | - | |
| Flows | VCE | +$40 M | +$127 M | +$238 M | +$453 M | +$890 M |
ZIU | +$2 M | +$127 M | +$132 M | +$75 M | - |
VCE vs ZIU exposure
Countries
VCE
Canada
99.58%
ZIU
Canada
99.38%
Sectors
VCE
Financials
31.95%
Energy
18.42%
Materials
14.58%
Other
12.60%
Information Technology
7.01%
Other
15.44%
ZIU
Financials
33.18%
Energy
19.56%
Other
12.21%
Materials
12.03%
Information Technology
7.32%
Other
15.69%
As of May 20, 2026
Top 10 Holdings
VCE
ROYAL BK CANADA
7.71%
TORONTO DOMINION
5.35%
SHOPIFY SUBORDINATE VOTING
4.95%
ENBRIDGE
4.03%
AGNICO EAGLE MINES LTD
3.45%
CDN NATURAL RESOURCE
3.40%
BANK OF MONTREAL
3.27%
CDN IMPERIAL BK
3.03%
BNS
2.95%
CA11271J1075
2.92%
ZIU
ROYAL BK CANADA
8.45%
TORONTO DOMINION
5.89%
SHOPIFY SUBORDINATE VOTING
5.25%
ENBRIDGE
4.54%
CDN NATURAL RESOURCE
3.94%
AGNICO EAGLE MINES LTD
3.68%
BANK OF MONTREAL
3.57%
CA11271J1075
3.28%
CDN IMPERIAL BK
3.27%
BNS
3.18%
Diversification
VCE
Total weight of top 10 holdings out of 84 total
41.07%
ZIU
Total weight of top 10 holdings out of 60 total
45.04%
Characteristics
Compare
VCE
ZIU
| Provider | Vanguard | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Domestic TR Index - CAD | S&P/TSX 60 Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.77% | 2.12% |
| Meets ESG criteria | No | No |
| Inception Date | November 30, 2011 | October 2, 2023 |
Frequently asked questions about VCE and ZIU
Which ETF has performed better year to date: VCE or ZIU?
As of May 20, 2026, VCE has returned 8.17% year to date, while ZIU has returned 9.09%. ZIU is ahead on YTD performance.
Which ETF is larger by assets under management: VCE or ZIU?
As of May 20, 2026, VCE manages $3.42 B in assets, while ZIU manages $260.70 M. VCE is the larger fund by AUM.
How are VCE and ZIU managed?
VCE is passively managed by Vanguard. It tracks the FTSE Canada Domestic TR Index - CAD benchmark. ZIU is passively managed by BMO. It tracks the S&P/TSX 60 Total Return Index - CAD benchmark.
What sectors do VCE and ZIU emphasize?
VCE is most exposed to Financials, Energy, and Materials. ZIU is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: VCE or ZIU?
Year to date, VCE has seen +$238.23 M in net flows, compared with +$132.07 M for ZIU. VCE has attracted more net investor money so far.
How do the fees of VCE and ZIU compare?
VCE has an expense ratio of 0.06%, while ZIU has an expense ratio of 0.15%.
What are the top holdings of VCE and ZIU?
VCE's largest holdings include ROYAL BK CANADA and TORONTO DOMINION. ZIU's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: VCE or ZIU?
VCE holds 75 securities, while ZIU holds 54. On holdings count, VCE is the more diversified portfolio.
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