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 9.35% year-to-date with +$23 M in net flows, whereas ZDH is at 15.83% 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
Key Data
Compare
VGH
ZDH
| AuM | $1,040.66 M | $238.95 M |
| Management Fees | 0.28% | 0.40% |
| Exp. ratio | 0.32% | 0.44% |
| Tracking Difference | - | - |
Historical performance and flows
As of July 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VGH | +2.31% | +7.19% | +9.35% | +14.98% | +45.55% |
ZDH | +3.01% | +7.37% | +15.83% | +28.52% | +61.08% | |
| Flows | VGH | +$9 M | +$11 M | +$23 M | +$26 M | +$189 M |
ZDH | +$0 M | +$0 M | +$3 M | +$15 M | -$26 M |
VGH vs ZDH exposure
Countries
VGH
USA
94.25%
ZDH
Japan
21.51%
France
14.95%
United Kingdom
14.09%
Switzerland
7.87%
Netherlands
7.47%
Other
34.10%
Sectors
VGH
Technology
26.83%
Finance
19.00%
Healthcare
17.55%
Industrials
9.70%
Consumer Non-Cyclicals
9.00%
Other
17.92%
ZDH
Finance
29.69%
Industrials
12.13%
Consumer Non-Cyclicals
8.65%
Technology
8.58%
Healthcare
8.26%
Non-Energy Materials
7.01%
Other
25.68%
As of July 28, 2026
Top 10 Holdings
VGH
Broadcom Inc.
4.50%
Apple, Inc.
4.18%
Eli Lilly & Co.
4.11%
JPMorgan Chase & Co.
3.54%
Microsoft Corp.
3.49%
Johnson & Johnson
2.65%
Exxon Mobil Corp.
2.46%
Lam Research Corp.
2.35%
Visa, Inc.
2.30%
Walmart, Inc.
2.15%
ZDH
ASML Holding NV
3.34%
HSBC Holdings Plc
2.65%
Roche Holding AG
2.45%
Intesa Sanpaolo SpA
2.40%
Enel SpA
2.26%
Rio Tinto Plc
2.20%
ENGIE SA
2.13%
TotalEnergies SE
2.13%
DBS Group Holdings Ltd.
2.10%
Siemens AG
2.04%
Diversification
VGH
Total weight of top 10 holdings out of 332 total
31.73%
ZDH
Total weight of top 10 holdings out of 109 total
23.69%
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 | 1.05% | 2.69% |
| 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 July 28, 2026, VGH has returned 9.35% year to date, while ZDH has returned 15.83%. ZDH is ahead on YTD performance.
Which ETF is larger by assets under management: VGH or ZDH?
As of July 28, 2026, VGH manages $1.04 B in assets, while ZDH manages $238.95 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 +$22.55 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 0.32%, 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 Eli Lilly & Co.. ZDH's top holdings include ASML Holding NV, Roche Holding AG, and HSBC Holdings Plc.
Which ETF is more diversified: VGH or ZDH?
VGH holds 329 securities, while ZDH holds 108. On holdings count, VGH is the more diversified portfolio.
Recent articles about VGH and ZDH
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