VGG
Vanguard U.S. Dividend Appreciation Index ETF

Full VGG fund page
VS
ZDH
BMO International Dividend ETF

Full ZDH fund page

Vanguard U.S. Dividend Appreciation Index ETF (VGG) and BMO International Dividend ETF (ZDH) offer distinct profiles for Canadian ETF investors. A direct comparison shows that VGG focuses its top 3 sector exposures on Technology, Finance, and Healthcare, while ZDH leans towards Finance, Industrials, and Consumer Non-Cyclicals. When evaluating costs, VGG features a management fee (MER) of 0.28%, compared to 0.4% for ZDH. Performance-wise, VGG has returned 13.81% year-to-date with +$62 M in net flows, whereas ZDH is at 13.58% with +$7 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-2.0-1.00.01.02.03.0%Sep 23Sep 30Oct 7Oct 15Oct 22

Key Data

Historical performance and flows

As of October 23, 2026
1M3MYTD1Y3Y
Perf.
VGG
+2.32%+2.19%+13.81%+13.38%+70.19%
ZDH
-1.54%-1.48%+13.58%+18.80%+63.84%
Flows
VGG
+$10 M-$16 M+$62 M+$80 M+$642 M
ZDH
+$0 M+$4 M+$7 M+$10 M-$21 M

VGG vs ZDH exposure

Countries

VGG
USA
95.30%
ZDH
Japan
21.38%
France
13.81%
United Kingdom
13.28%
Netherlands
7.66%
Switzerland
7.40%
Other
36.47%

Sectors

VGG
Technology
26.27%
Finance
20.43%
Healthcare
18.15%
Industrials
9.45%
Consumer Non-Cyclicals
8.87%
Other
16.82%
ZDH
Finance
30.99%
Industrials
13.43%
Consumer Non-Cyclicals
8.80%
Healthcare
7.92%
Technology
7.48%
Other
31.38%
As of October 23, 2026

Top 10 Holdings

VGG
Microsoft Corp.
4.67%
Apple, Inc.
4.50%
Broadcom Inc.
4.34%
JPMorgan Chase & Co.
4.07%
Eli Lilly & Co.
3.90%
ExxonMobil Holdings Corp.
2.84%
Johnson & Johnson
2.73%
Visa, Inc.
2.50%
Mastercard, Inc.
2.03%
Walmart, Inc.
1.96%
ZDH
ASML Holding NV
3.28%
Intesa Sanpaolo SpA
2.60%
HSBC Holdings Plc
2.53%
Roche Holding AG
2.48%
DBS Group Holdings Ltd.
2.28%
TotalEnergies SE
2.21%
Shell Plc
2.12%
Siemens AG
2.08%
Enel SpA
2.01%
Mitsubishi UFJ Financial Group, Inc.
1.89%

Diversification

VGG
Total weight of top 10 holdings out of 333 total
33.53%
ZDH
Total weight of top 10 holdings out of 110 total
23.49%

Characteristics

Compare
VGG
ZDH
ProviderVanguardBMO
ManagementPassively managedActively managed
BenchmarkS&P U.S. Dividend Growers Index - USD-
Replication MethodOther-
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield1.04%2.80%
Meets ESG criteriaNoNo
Inception DateAugust 2, 2013September 2, 2015

Frequently asked questions about VGG and ZDH

Which ETF has performed better year to date: VGG or ZDH?
As of October 23, 2026, VGG has returned 13.81% year to date, while ZDH has returned 13.58%. VGG is ahead on YTD performance.
Which ETF is larger by assets under management: VGG or ZDH?
As of October 23, 2026, VGG manages $2.61 B in assets, while ZDH manages $236.16 M. VGG is the larger fund by AUM.
How are VGG and ZDH managed?
VGG is passively managed by Vanguard. It tracks the S&P U.S. Dividend Growers Index - USD benchmark. ZDH is actively managed by BMO. It does not track an index.
What sectors do VGG and ZDH emphasize?
VGG is most exposed to Technology, Finance, and Healthcare. ZDH is most exposed to Finance, Industrials, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: VGG or ZDH?
Year to date, VGG has seen +$61.89 M in net flows, compared with +$6.66 M for ZDH. VGG has attracted more net investor money so far.
How do the fees of VGG and ZDH compare?
VGG has an expense ratio of 0.31%, while ZDH has an expense ratio of 0.44%.
What are the top holdings of VGG and ZDH?
VGG's largest holdings include Microsoft Corp., Apple, Inc., and Broadcom Inc.. ZDH's top holdings include Roche Holding AG, ASML Holding NV, and Intesa Sanpaolo SpA.
Which ETF is more diversified: VGG or ZDH?
VGG holds 331 securities, while ZDH holds 109. On holdings count, VGG is the more diversified portfolio.

Recent articles about VGG and ZDH

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