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: Information Technology, Financials, 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 4.89% year-to-date with +$732 M in net flows, whereas ZGRO is at 4.47% with +$76 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 | $9,540.89 M | $673.97 M |
| Management Fees | 0.22% | 0.18% |
| Exp. ratio | 0.24% | 0.20% |
| Tracking Difference | - | - |
Historical performance and flows
As of April 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VGRO | +6.72% | +2.13% | +4.89% | +25.48% | +59.79% |
ZGRO | +6.39% | +2.19% | +4.47% | +24.17% | +56.68% | |
| Flows | VGRO | +$160 M | +$529 M | +$732 M | +$1,474 M | +$3,070 M |
ZGRO | +$20 M | +$56 M | +$76 M | +$173 M | +$348 M |
VGRO vs ZGRO exposure
Countries
VGRO
USA
37.67%
Canada
36.64%
Other
25.69%
ZGRO
USA
43.18%
Canada
34.33%
Other
22.49%
Sectors
VGRO
Information Technology
15.70%
Financials
15.07%
Other
10.99%
Industrials
7.93%
Other
50.30%
ZGRO
Information Technology
16.93%
Financials
14.19%
Industrials
7.86%
Other
7.25%
Sovereign
7.09%
Other
46.68%
As of April 28, 2026
Top 10 Holdings
VGRO
NVIDIA
2.25%
APPLE
2.08%
ROYAL BK CANADA
1.71%
MICROSOFT-T
1.53%
TORONTO DOMINION
1.19%
AMAZON.COM INC
1.12%
SHOPIFY SUBORDINATE VOTING
1.10%
ALPHABET INC-CL
0.93%
ENBRIDGE
0.89%
BROADCOM LIMITED
0.82%
ZGRO
Canada, Bond 0.5 1oct2030 10Y
2.69%
NVIDIA
2.61%
APPLE
2.35%
MICROSOFT-T
1.73%
ROYAL BK CANADA
1.33%
AMAZON.COM INC
1.28%
ALPHABET INC-CL
1.04%
CMHC, 1.9% 15mar2031, CAD (100)
1.01%
TWN SEMICONT MAN
0.95%
TORONTO DOMINION
0.93%
Diversification
VGRO
Total weight of top 10 holdings out of 33,350 total
13.63%
ZGRO
Total weight of top 10 holdings out of 19,770 total
15.91%
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 | 1.80% | 1.57% |
| 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 April 28, 2026, VGRO has returned 4.89% year to date, while ZGRO has returned 4.47%. VGRO is ahead on YTD performance.
Which ETF is larger by assets under management: VGRO or ZGRO?
As of April 28, 2026, VGRO manages $9.54 B in assets, while ZGRO manages $673.97 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 Information Technology, Financials, and Industrials. ZGRO is most exposed to Information Technology, Financials, and Industrials.
Which ETF is attracting more investor flows: VGRO or ZGRO?
Year to date, VGRO has seen +$731.64 M in net flows, compared with +$75.85 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 and APPLE. ZGRO's top holdings include Canada, Bond 0.5 1oct2030 10Y and NVIDIA.
Which ETF is more diversified: VGRO or ZGRO?
VGRO holds 24906 securities, while ZGRO holds 10487. On holdings count, VGRO is the more diversified portfolio.
Recent articles about VGRO and ZGRO
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