VGH
Vanguard U.S. Dividend Appreciation Index ETF

Full VGH fund page
VS
ZDH
BMO International Dividend ETF

Full ZDH fund page

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 Information Technology, Health Care, and Financials, while ZDH leans towards Financials, Industrials, and Utilities. When evaluating costs, VGH features a management fee (MER) of 0.28%, compared to 0.4% for ZDH. Performance-wise, VGH has returned 2.68% year-to-date with +$11 M in net flows, whereas ZDH is at 8.17% with +$3 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-2.00.02.04.06.0%Mar 24Mar 31Apr 8Apr 15Apr 22

Key Data

Historical performance and flows

As of April 24, 2026
1M3MYTD1Y3Y
Perf.
VGH
+5.34%+0.62%+2.68%+19.31%+44.72%
ZDH
+4.21%+4.66%+8.17%+27.08%+55.81%
Flows
VGH
+$3 M+$11 M+$11 M+$77 M+$180 M
ZDH
-$7 M-$3 M+$3 M+$26 M-$90 M

VGH vs ZDH exposure

Countries

VGH
USA
94.11%
ZDH
Japan
21.16%
United Kingdom
16.20%
France
15.73%
Switzerland
7.35%
Germany
7.24%
Other
32.32%

Sectors

VGH
Information Technology
26.28%
Health Care
17.35%
Financials
15.33%
Industrials
11.16%
Consumer Staples
10.42%
Other
19.47%
ZDH
Financials
23.00%
Industrials
16.38%
Utilities
7.78%
Communication Services
7.43%
Energy
7.15%
Other
38.26%
As of April 24, 2026

Top 10 Holdings

VGH
BROADCOM LIMITED
4.05%
APPLE
4.02%
MICROSOFT-T
3.79%
JPMORGAN CHASE
3.52%
LILLY
3.46%
EXXON
3.37%
JOHNSON&JOHNSON
2.80%
WALMART INC
2.59%
VISA INCORPORATION
2.25%
COSTCO WHOLESALE
2.10%
ZDH
RIO TINTO
3.04%
TOTALENERGIES SE
2.65%
CH1499059983
2.42%
SHELL PLC
2.38%
IMPERIAL BRANDS PLC
2.36%
HSBC HOLDINGS
2.35%
ENGIE
2.29%
ENEL GLOBAL TRADING
2.22%
INTESA SANPAOLO
2.18%
MITSUI
2.06%

Diversification

VGH
Total weight of top 10 holdings out of 334 total
31.94%
ZDH
Total weight of top 10 holdings out of 106 total
23.96%

Characteristics

Compare
VGH
ZDH
ProviderVanguardBMO
ManagementPassively managedActively managed
BenchmarkS&P U.S. Dividend Growers Index - USD-
Replication Method
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield1.08%2.84%
Meets ESG criteriaNoNo
Inception DateAugust 2, 2013September 2, 2015

Frequently asked questions about VGH and ZDH

Which ETF has performed better year to date: VGH or ZDH?
As of April 24, 2026, VGH has returned 2.68% year to date, while ZDH has returned 8.17%. ZDH is ahead on YTD performance.
Which ETF is larger by assets under management: VGH or ZDH?
As of April 24, 2026, VGH manages $969.30 M in assets, while ZDH manages $224.74 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 Information Technology, Health Care, and Financials. ZDH is most exposed to Financials, Industrials, and Utilities.
Which ETF is attracting more investor flows: VGH or ZDH?
Year to date, VGH has seen +$11.28 M in net flows, compared with +$3.05 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 0.31%, while ZDH has an expense ratio of 0.44%.
What are the top holdings of VGH and ZDH?
VGH's largest holdings include BROADCOM LIMITED, APPLE, and MICROSOFT-T. ZDH's top holdings include RIO TINTO and TOTALENERGIES SE.
Which ETF is more diversified: VGH or ZDH?
VGH holds 323 securities, while ZDH holds 100. On holdings count, VGH is the more diversified portfolio.

Recent articles about VGH and ZDH

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