Compare Vanguard Growth ETF Portfolio (VGRO) vs BMO Growth ETF (ZGRO) to find the best fit for your portfolio. VGRO and ZGRO provide the same top sector exposures: 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 13.24% year-to-date with +$1 B in net flows, whereas ZGRO is at 13.36% with +$141 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 | $10,792.11 M | $796.69 M |
| Management Fees | 0.22% | 0.18% |
| Exp. ratio | 0.24% | 0.20% |
| Tracking Difference | - | - |
Historical performance and flows
As of August 4, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VGRO | +0.61% | +7.87% | +13.24% | +23.70% | +69.58% |
ZGRO | +0.64% | +7.97% | +13.36% | +23.66% | +66.90% | |
| Flows | VGRO | +$175 M | +$519 M | +$1,260 M | +$1,751 M | +$3,459 M |
ZGRO | +$13 M | +$64 M | +$141 M | +$208 M | +$404 M |
VGRO vs ZGRO exposure
Countries
VGRO
USA
38.40%
Canada
31.39%
Other
30.21%
ZGRO
USA
42.37%
Canada
33.20%
Other
24.43%
Sectors
VGRO
Technology
21.31%
Finance
20.24%
Industrials
7.86%
Other
50.59%
ZGRO
Technology
23.03%
Finance
18.89%
Industrials
7.63%
Other
50.45%
As of August 4, 2026
Top 10 Holdings
VGRO
NVIDIA Corp.
2.33%
Apple, Inc.
2.15%
Royal Bank of Canada
2.00%
The Toronto-Dominion Bank
1.41%
Microsoft Corp.
1.40%
Amazon.com, Inc.
1.17%
Alphabet, Inc.
1.06%
Shopify, Inc.
0.97%
Broadcom Inc.
0.90%
Taiwan Semiconductor Manufacturing Co., Ltd.
0.89%
ZGRO
NVIDIA Corp.
2.69%
Canada, Bond 0.5 1oct2030 10Y
2.56%
Apple, Inc.
2.36%
Royal Bank of Canada
1.62%
Microsoft Corp.
1.56%
Amazon.com, Inc.
1.34%
Alphabet, Inc.
1.18%
The Toronto-Dominion Bank
1.14%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.13%
Broadcom Inc.
1.00%
Diversification
VGRO
Total weight of top 10 holdings out of 33,471 total
14.28%
ZGRO
Total weight of top 10 holdings out of 19,849 total
16.57%
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 | 1.72% | 1.41% |
| 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 August 4, 2026, VGRO has returned 13.24% year to date, while ZGRO has returned 13.36%. ZGRO is ahead on YTD performance.
Which ETF is larger by assets under management: VGRO or ZGRO?
As of August 4, 2026, VGRO manages $10.79 B in assets, while ZGRO manages $796.69 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 Technology, Finance, 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 +$1,260.03 M in net flows, compared with +$141.44 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. and Apple, Inc.. ZGRO's top holdings include NVIDIA Corp. and Canada, Bond 0.5 1oct2030 10Y.
Which ETF is more diversified: VGRO or ZGRO?
VGRO holds 25278 securities, while ZGRO holds 10678. On holdings count, VGRO is the more diversified portfolio.
Recent articles about VGRO and ZGRO
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