VS
Vanguard FTSE Developed ex North America High Dividend Yield Index ETF (VIDY) and BMO Low Volatility International Equity ETF (ZLI) offer distinct profiles for Canadian ETF investors. A direct comparison shows that VIDY focuses its top 3 sector exposures on Finance, Healthcare, and Consumer Non-Cyclicals, while ZLI leans towards Finance, Consumer Non-Cyclicals, and Telecommunications. When evaluating costs, VIDY features a management fee (MER) of 0.28%, compared to 0.4% for ZLI. Performance-wise, VIDY has returned 20.86% year-to-date with +$817 M in net flows, whereas ZLI is at 8.04% with +$0 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
VIDY
ZLI
| AuM | $2,256.26 M | $289.17 M |
| Management Fees | 0.28% | 0.40% |
| Exp. ratio | 0.32% | 0.45% |
| Tracking Difference | -0.10% | - |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VIDY | +0.45% | +8.90% | +20.86% | +32.15% | +97.34% |
ZLI | -0.60% | +7.29% | +8.04% | +8.05% | +42.10% | |
| Flows | VIDY | +$66 M | +$213 M | +$817 M | +$1,162 M | +$1,708 M |
ZLI | -$3 M | -$12 M | +$0 M | -$41 M | -$169 M |
VIDY vs ZLI exposure
Countries
VIDY
Japan
16.30%
United Kingdom
15.80%
Switzerland
11.11%
Australia
10.68%
France
7.99%
Other
38.12%
ZLI
Japan
25.72%
United Kingdom
13.95%
France
9.66%
Netherlands
9.62%
Germany
8.49%
Other
32.55%
Sectors
VIDY
Finance
44.08%
Healthcare
9.12%
Consumer Non-Cyclicals
8.85%
Other
37.95%
ZLI
Finance
22.54%
Consumer Non-Cyclicals
11.26%
Telecommunications
10.91%
Industrials
10.43%
Utilities
10.38%
Technology
9.75%
Other
24.73%
As of September 3, 2026
Top 10 Holdings
VIDY
HSBC Holdings Plc
2.82%
Roche Holding AG
2.38%
Novartis AG
2.26%
Nestlé SA
2.00%
Shell Plc
1.98%
Mitsubishi UFJ Financial Group, Inc.
1.89%
BHP Group Ltd.
1.67%
Commonwealth Bank of Australia
1.62%
Toyota Motor Corp.
1.60%
Banco Santander SA
1.59%
ZLI
Orange SA
2.22%
Euronext NV
2.10%
Deutsche Börse AG
1.74%
Central Japan Railway Co.
1.63%
Insurance Australia Group Ltd.
1.59%
Japan Post Holdings Co., Ltd.
1.59%
SECOM Co., Ltd.
1.58%
SoftBank Corp.
1.50%
KDDI Corp.
1.48%
OBIC Co. Ltd.
1.48%
Diversification
VIDY
Total weight of top 10 holdings out of 630 total
19.82%
ZLI
Total weight of top 10 holdings out of 104 total
16.92%
Characteristics
Compare
VIDY
ZLI
| Provider | Vanguard | BMO |
| Management | Passively managed | Actively managed |
| Benchmark | FTSE Developed ex North America High Dividend Yield Net Tax Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.80% | 2.09% |
| Meets ESG criteria | No | No |
| Inception Date | August 21, 2018 | September 2, 2015 |
Frequently asked questions about VIDY and ZLI
Which ETF has performed better year to date: VIDY or ZLI?
As of September 3, 2026, VIDY has returned 20.86% year to date, while ZLI has returned 8.04%. VIDY is ahead on YTD performance.
Which ETF is larger by assets under management: VIDY or ZLI?
As of September 3, 2026, VIDY manages $2.26 B in assets, while ZLI manages $289.17 M. VIDY is the larger fund by AUM.
How are VIDY and ZLI managed?
VIDY is passively managed by Vanguard. It tracks the FTSE Developed ex North America High Dividend Yield Net Tax Index - CAD benchmark. ZLI is actively managed by BMO. It does not track an index.
What sectors do VIDY and ZLI emphasize?
VIDY is most exposed to Finance, Healthcare, and Consumer Non-Cyclicals. ZLI is most exposed to Finance, Consumer Non-Cyclicals, and Telecommunications.
Which ETF is attracting more investor flows: VIDY or ZLI?
Year to date, VIDY has seen +$817.23 M in net flows, compared with +$0.07 M for ZLI. VIDY has attracted more net investor money so far.
How do the fees of VIDY and ZLI compare?
VIDY has an expense ratio of 0.32%, while ZLI has an expense ratio of 0.45%.
What are the top holdings of VIDY and ZLI?
VIDY's largest holdings include HSBC Holdings Plc, Roche Holding AG, and Novartis AG. ZLI's top holdings include Orange SA, Euronext NV, and Deutsche Börse AG.
Which ETF is more diversified: VIDY or ZLI?
VIDY holds 608 securities, while ZLI holds 104. On holdings count, VIDY is the more diversified portfolio.
Recent articles about VIDY and ZLI
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