VS
Vanguard U.S. Dividend Appreciation Index ETF (VGH) and BMO International Dividend ETF (ZDH) 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 ZDH leans towards Finance, Industrials, and Consumer Non-Cyclicals. When evaluating costs, VGH features a management fee (MER) of 0.28%, compared to 0.4% for ZDH. Performance-wise, VGH has returned 8.04% year-to-date with +$23 M in net flows, whereas ZDH is at 15.36% 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
Key Data
Compare
VGH
ZDH
| AuM | $1,028.94 M | $240.42 M |
| Management Fees | 0.28% | 0.40% |
| Exp. ratio | 0.32% | 0.44% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VGH | -2.68% | +2.02% | +8.04% | +9.75% | +47.68% |
ZDH | -1.47% | +3.32% | +15.36% | +24.52% | +60.68% | |
| Flows | VGH | +$2 M | +$11 M | +$23 M | +$37 M | +$184 M |
ZDH | +$0 M | +$4 M | +$7 M | +$13 M | -$32 M |
VGH vs ZDH exposure
Countries
VGH
USA
95.32%
ZDH
Japan
20.47%
France
14.37%
United Kingdom
14.03%
Netherlands
7.60%
Switzerland
7.54%
Other
35.99%
Sectors
VGH
Technology
25.95%
Finance
20.47%
Healthcare
17.68%
Industrials
9.87%
Consumer Non-Cyclicals
9.08%
Other
16.94%
ZDH
Finance
31.23%
Industrials
13.19%
Consumer Non-Cyclicals
8.96%
Healthcare
7.89%
Technology
7.06%
Other
31.67%
As of September 11, 2026
Top 10 Holdings
VGH
Broadcom Inc.
4.61%
Apple, Inc.
4.44%
Microsoft Corp.
4.32%
JPMorgan Chase & Co.
4.06%
Eli Lilly & Co.
3.91%
ExxonMobil Holdings Corp.
2.78%
Johnson & Johnson
2.66%
Visa, Inc.
2.44%
Walmart, Inc.
2.10%
Mastercard, Inc.
1.99%
ZDH
ASML Holding NV
3.15%
HSBC Holdings Plc
2.85%
Intesa Sanpaolo SpA
2.53%
Roche Holding AG
2.42%
TotalEnergies SE
2.26%
DBS Group Holdings Ltd.
2.26%
Enel SpA
2.10%
Shell Plc
2.06%
Siemens AG
2.02%
Imperial Brands Plc
1.98%
Diversification
VGH
Total weight of top 10 holdings out of 333 total
33.31%
ZDH
Total weight of top 10 holdings out of 108 total
23.64%
Characteristics
Compare
VGH
ZDH
| Provider | Vanguard | BMO |
| Management | Passively managed | Actively managed |
| Benchmark | S&P U.S. Dividend Growers Index - USD | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.06% | 2.74% |
| Meets ESG criteria | No | No |
| Inception Date | August 2, 2013 | September 2, 2015 |
Frequently asked questions about VGH and ZDH
Which ETF has performed better year to date: VGH or ZDH?
As of September 11, 2026, VGH has returned 8.04% year to date, while ZDH has returned 15.36%. ZDH is ahead on YTD performance.
Which ETF is larger by assets under management: VGH or ZDH?
As of September 11, 2026, VGH manages $1.03 B in assets, while ZDH manages $240.42 M. VGH is the larger fund by AUM.
How are VGH and ZDH managed?
VGH 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 VGH and ZDH emphasize?
VGH 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: VGH or ZDH?
Year to date, VGH has seen +$23.31 M in net flows, compared with +$6.66 M for ZDH. VGH has attracted more net investor money so far.
How do the fees of VGH and ZDH compare?
VGH has an expense ratio of 0.32%, while ZDH has an expense ratio of 0.44%.
What are the top holdings of VGH and ZDH?
VGH's largest holdings include Broadcom Inc., Apple, Inc., and Microsoft Corp.. ZDH's top holdings include Roche Holding AG, ASML Holding NV, and HSBC Holdings Plc.
Which ETF is more diversified: VGH or ZDH?
VGH holds 331 securities, while ZDH holds 107. On holdings count, VGH is the more diversified portfolio.
Recent articles about VGH and ZDH
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