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 10.43% year-to-date with +$23 M in net flows, whereas ZDH is at 15% 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 | $1,048.79 M | $239.11 M |
| Management Fees | 0.28% | 0.40% |
| Exp. ratio | 0.32% | 0.44% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 27, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VGH | +3.69% | +1.76% | +10.43% | +10.28% | +62.49% |
ZDH | -0.54% | -0.67% | +15.00% | +19.68% | +66.63% | |
| Flows | VGH | -$2 M | +$2 M | +$23 M | +$35 M | +$183 M |
ZDH | +$0 M | +$4 M | +$7 M | +$10 M | -$21 M |
VGH vs ZDH exposure
Countries
VGH
USA
95.30%
ZDH
Japan
21.38%
France
13.81%
United Kingdom
13.28%
Netherlands
7.66%
Switzerland
7.40%
Other
36.47%
Sectors
VGH
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 27, 2026
Top 10 Holdings
VGH
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
VGH
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
VGH
ZDH
| Provider | Vanguard | BMO |
| Management | Passively managed | Actively managed |
| Benchmark | S&P U.S. Dividend Growers Index - USD | - |
| Replication Method | Other | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.06% | 2.77% |
| 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 October 27, 2026, VGH has returned 10.43% year to date, while ZDH has returned 15.00%. ZDH is ahead on YTD performance.
Which ETF is larger by assets under management: VGH or ZDH?
As of October 27, 2026, VGH manages $1.05 B in assets, while ZDH manages $239.11 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 +$23.30 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 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: VGH or ZDH?
VGH holds 331 securities, while ZDH holds 109. On holdings count, VGH is the more diversified portfolio.
Recent articles about VGH and ZDH
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.


