VS
Vanguard U.S. Dividend Appreciation Index ETF (VGH) and iShares MSCI USA Minimum Volatility Index ETF (XMU.U) offer distinct profiles for Canadian ETF investors. A direct comparison shows that VGH focuses its top 3 sector exposures on Technology, Finance, and Healthcare, while XMU.U leans towards Technology, Finance, and Healthcare. When evaluating costs, VGH features a management fee (MER) of 0.28%, compared to 0.3% for XMU.U. Performance-wise, VGH has returned 9.62% year-to-date with +$26 M in net flows, whereas XMU.U is at 8.29% with +$2 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
VGH
XMU.U
| AuM | $1,043.30 M | $9.63 M |
| Management Fees | 0.28% | 0.30% |
| Exp. ratio | 0.32% | 0.33% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VGH | +2.05% | -0.79% | +9.62% | +11.90% | +53.44% |
XMU.U | +1.48% | +1.50% | +8.29% | +10.85% | +41.41% | |
| Flows | VGH | +$1 M | +$4 M | +$26 M | +$40 M | +$185 M |
XMU.U | +$2 M | +$2 M | +$2 M | +$2 M | -$2 M |
VGH vs XMU.U exposure
Countries
VGH
USA
95.23%
XMU.U
USA
93.44%
Sectors
VGH
Technology
27.35%
Finance
19.41%
Healthcare
18.47%
Industrials
9.45%
Consumer Non-Cyclicals
8.93%
Other
16.39%
XMU.U
Technology
31.43%
Finance
14.51%
Healthcare
14.25%
Consumer Non-Cyclicals
10.68%
Other
29.14%
As of November 6, 2026
Top 10 Holdings
VGH
Microsoft Corp.
4.89%
Apple, Inc.
4.87%
Broadcom Inc.
4.29%
Eli Lilly & Co.
4.09%
JPMorgan Chase & Co.
3.88%
ExxonMobil Holdings Corp.
2.95%
Johnson & Johnson
2.82%
Visa, Inc.
2.52%
Walmart, Inc.
2.04%
AbbVie, Inc.
2.04%
XMU.U
Amphenol Corp.
1.68%
Microsoft Corp.
1.65%
NVIDIA Corp.
1.63%
Welltower, Inc.
1.52%
Johnson & Johnson
1.50%
Merck & Co., Inc.
1.48%
ExxonMobil Holdings Corp.
1.48%
Berkshire Hathaway, Inc.
1.45%
Chubb Ltd.
1.45%
Motorola Solutions, Inc.
1.44%
Diversification
VGH
Total weight of top 10 holdings out of 333 total
34.39%
XMU.U
Total weight of top 10 holdings out of 173 total
15.29%
Characteristics
Compare
VGH
XMU.U
| Provider | Vanguard | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | S&P U.S. Dividend Growers Index - USD | MSCI USA Minimum Volatility Net Total Return Index - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.07% | 1.07% |
| Meets ESG criteria | No | No |
| Inception Date | August 2, 2013 | October 22, 2019 |
Frequently asked questions about VGH and XMU.U
Which ETF has performed better year to date: VGH or XMU.U?
As of November 6, 2026, VGH has returned 9.62% year to date, while XMU.U has returned 8.29%. VGH is ahead on YTD performance.
Which ETF is larger by assets under management: VGH or XMU.U?
As of November 6, 2026, VGH manages $1.04 B in assets, while XMU.U manages $9.63 M. VGH is the larger fund by AUM.
How are VGH and XMU.U managed?
VGH is passively managed by Vanguard. It tracks the S&P U.S. Dividend Growers Index - USD benchmark. XMU.U is passively managed by iShares. It tracks the MSCI USA Minimum Volatility Net Total Return Index - CAD benchmark.
What sectors do VGH and XMU.U emphasize?
VGH is most exposed to Technology, Finance, and Healthcare. XMU.U is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: VGH or XMU.U?
Year to date, VGH has seen +$25.62 M in net flows, compared with +$2.33 M for XMU.U. VGH has attracted more net investor money so far.
How do the fees of VGH and XMU.U compare?
VGH has an expense ratio of 0.32%, while XMU.U has an expense ratio of 0.33%.
What are the top holdings of VGH and XMU.U?
VGH's largest holdings include Microsoft Corp., Apple, Inc., and Broadcom Inc.. XMU.U's top holdings include Amphenol Corp., Microsoft Corp., and NVIDIA Corp..
Which ETF is more diversified: VGH or XMU.U?
VGH holds 331 securities, while XMU.U holds 173. On holdings count, VGH is the more diversified portfolio.
Recent articles about VGH and XMU.U
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