Compare Vanguard Growth ETF Portfolio (VGRO) vs BMO Growth ETF (ZGRO) to find the best fit for your portfolio. VGRO provides Finance, Technology, and Industrials exposures, while ZGRO is primarily weighted in Technology, Finance, and Industrials. When evaluating costs, VGRO features a management fee (MER) of 0.22%, compared to 0.18% for ZGRO. Performance-wise, VGRO has returned 11.91% year-to-date with +$1 B in net flows, whereas ZGRO is at 11.99% with +$171 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
VGRO
ZGRO
| AuM | $10,867.98 M | $816.16 M |
| Management Fees | 0.22% | 0.18% |
| Exp. ratio | 0.24% | 0.20% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VGRO | -0.55% | -0.11% | +11.91% | +15.91% | +67.72% |
ZGRO | -0.48% | -0.03% | +11.99% | +15.93% | +65.03% | |
| Flows | VGRO | +$152 M | +$466 M | +$1,463 M | +$1,813 M | +$3,620 M |
ZGRO | +$19 M | +$50 M | +$171 M | +$216 M | +$429 M |
VGRO vs ZGRO exposure
Countries
VGRO
USA
39.45%
Canada
34.64%
Other
25.91%
ZGRO
USA
43.28%
Canada
33.80%
Other
22.92%
Sectors
VGRO
Finance
23.54%
Technology
20.42%
Industrials
8.31%
Sovereign
7.92%
Other
39.82%
ZGRO
Technology
22.02%
Finance
21.92%
Industrials
8.41%
Sovereign
7.45%
Other
40.21%
As of September 18, 2026
Top 10 Holdings
VGRO
NVIDIA Corp.
2.34%
Apple, Inc.
2.30%
Royal Bank of Canada
2.03%
Microsoft Corp.
1.75%
The Toronto-Dominion Bank
1.39%
Amazon.com, Inc.
1.33%
Alphabet, Inc.
1.06%
Shopify, Inc.
0.99%
Broadcom Inc.
0.93%
Bank of Montreal
0.88%
ZGRO
Apple, Inc.
2.77%
NVIDIA Corp.
2.68%
Canada, Bond 0.5 1oct2030 10Y
2.57%
Microsoft Corp.
1.90%
Royal Bank of Canada
1.66%
Amazon.com, Inc.
1.31%
The Toronto-Dominion Bank
1.13%
Alphabet, Inc.
1.11%
Broadcom Inc.
1.04%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.03%
Diversification
VGRO
Total weight of top 10 holdings out of 33,339 total
15.00%
ZGRO
Total weight of top 10 holdings out of 19,892 total
17.20%
Characteristics
Compare
VGRO
ZGRO
| Provider | Vanguard | BMO |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.74% | 1.43% |
| Meets ESG criteria | No | No |
| Inception Date | February 1, 2018 | February 15, 2019 |
Frequently asked questions about VGRO and ZGRO
Which ETF has performed better year to date: VGRO or ZGRO?
As of September 18, 2026, VGRO has returned 11.91% year to date, while ZGRO has returned 11.99%. ZGRO is ahead on YTD performance.
Which ETF is larger by assets under management: VGRO or ZGRO?
As of September 18, 2026, VGRO manages $10.87 B in assets, while ZGRO manages $816.16 M. VGRO is the larger fund by AUM.
How are VGRO and ZGRO managed?
VGRO is actively managed by Vanguard. It does not track an index. ZGRO is actively managed by BMO. It does not track an index.
What sectors do VGRO and ZGRO emphasize?
VGRO is most exposed to Finance, Technology, and Industrials. ZGRO is most exposed to Technology, Finance, and Industrials.
Which ETF is attracting more investor flows: VGRO or ZGRO?
Year to date, VGRO has seen +$1,463.15 M in net flows, compared with +$170.65 M for ZGRO. VGRO has attracted more net investor money so far.
How do the fees of VGRO and ZGRO compare?
VGRO has an expense ratio of 0.24%, while ZGRO has an expense ratio of 0.20%.
What are the top holdings of VGRO and ZGRO?
VGRO's largest holdings include NVIDIA Corp., Apple, Inc., and Royal Bank of Canada. ZGRO's top holdings include Apple, Inc., NVIDIA Corp., and Canada, Bond 0.5 1oct2030 10Y.
Which ETF is more diversified: VGRO or ZGRO?
VGRO holds 28244 securities, while ZGRO holds 11658. On holdings count, VGRO is the more diversified portfolio.
Recent articles about VGRO and ZGRO
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