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: Finance, Energy, and Non-Energy Materials. When evaluating costs, VCE features a management fee (MER) of 0.05%, compared to 0.15% for ZIU. Performance-wise, VCE has returned 14.5% year-to-date with +$347 M in net flows, whereas ZIU is at 14.94% with +$152 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 | $3,710.00 M | $293.60 M |
| Management Fees | 0.05% | 0.15% |
| Exp. ratio | 0.06% | 0.14% |
| Tracking Difference | 0.67% | -0.22% |
Historical performance and flows
As of September 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VCE | -0.03% | +4.35% | +14.50% | +27.65% | +92.99% |
ZIU | +0.04% | +4.86% | +14.94% | +27.07% | - | |
| Flows | VCE | +$39 M | +$98 M | +$347 M | +$487 M | +$960 M |
ZIU | +$4 M | +$20 M | +$152 M | +$153 M | - |
VCE vs ZIU exposure
Countries
VCE
Canada
97.36%
ZIU
Canada
97.84%
Sectors
VCE
Finance
45.69%
Energy
17.67%
Non-Energy Materials
13.15%
Industrials
7.48%
Other
16.01%
ZIU
Finance
47.57%
Energy
17.63%
Non-Energy Materials
11.75%
Other
23.04%
As of September 1, 2026
Top 10 Holdings
VCE
Royal Bank of Canada
9.32%
The Toronto-Dominion Bank
6.38%
Shopify, Inc.
4.57%
Bank of Montreal
4.04%
Enbridge, Inc.
3.78%
Canadian Imperial Bank of Commerce
3.47%
The Bank of Nova Scotia
3.44%
Canadian Natural Resources Ltd.
3.10%
Brookfield Corp.
2.83%
Suncor Energy, Inc.
2.54%
ZIU
Royal Bank of Canada
10.08%
The Toronto-Dominion Bank
6.87%
Shopify, Inc.
5.13%
Bank of Montreal
4.31%
Enbridge, Inc.
4.15%
Canadian Imperial Bank of Commerce
3.73%
The Bank of Nova Scotia
3.71%
Canadian Natural Resources Ltd.
3.38%
Brookfield Corp.
3.08%
Suncor Energy, Inc.
2.70%
Diversification
VCE
Total weight of top 10 holdings out of 85 total
43.46%
ZIU
Total weight of top 10 holdings out of 60 total
47.15%
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 | 2.62% | 2.04% |
| 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 September 1, 2026, VCE has returned 14.50% year to date, while ZIU has returned 14.94%. ZIU is ahead on YTD performance.
Which ETF is larger by assets under management: VCE or ZIU?
As of September 1, 2026, VCE manages $3.71 B in assets, while ZIU manages $293.60 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 Finance, Energy, and Non-Energy Materials. ZIU is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: VCE or ZIU?
Year to date, VCE has seen +$347.47 M in net flows, compared with +$152.34 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 0.14%.
What are the top holdings of VCE and ZIU?
VCE's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc.. ZIU's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: VCE or ZIU?
VCE holds 84 securities, while ZIU holds 60. On holdings count, VCE is the more diversified portfolio.
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.