VS
Compare Vanguard FTSE Developed All Cap ex North America Index ETF (VIU) vs BMO MSCI EAFE Index ETF (ZEA) to find the best fit for your portfolio. VIU provides Finance, Technology, and Industrials exposures, while ZEA is primarily weighted in Finance, Industrials, and Technology. When evaluating costs, VIU features a management fee (MER) of 0.2%, compared to 0.2% for ZEA. Performance-wise, VIU has returned 11.94% year-to-date with +$3 B in net flows, whereas ZEA is at 10.83% with +$1 B. 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
VIU
ZEA
| AuM | $11,278.40 M | $13,462.83 M |
| Management Fees | 0.20% | 0.20% |
| Exp. ratio | 0.23% | 0.22% |
| Tracking Difference | -0.02% | -0.36% |
Historical performance and flows
As of November 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VIU | -6.58% | -5.92% | +11.94% | +13.54% | +69.16% |
ZEA | -3.05% | -4.26% | +10.83% | +12.02% | +65.16% | |
| Flows | VIU | +$236 M | +$698 M | +$2,759 M | +$3,150 M | +$5,224 M |
ZEA | +$176 M | +$447 M | +$1,175 M | +$1,376 M | +$3,095 M |
VIU vs ZEA exposure
Countries
VIU
Japan
24.23%
United Kingdom
11.66%
Republic of Korea
10.21%
Switzerland
7.70%
Other
46.19%
ZEA
Japan
26.51%
United Kingdom
13.43%
Switzerland
8.79%
Germany
7.81%
France
7.67%
Other
35.78%
Sectors
VIU
Finance
25.53%
Technology
18.21%
Industrials
15.35%
Healthcare
8.22%
Non-Energy Materials
7.26%
Other
25.43%
ZEA
Finance
27.00%
Industrials
16.12%
Technology
13.28%
Healthcare
9.07%
Non-Energy Materials
7.63%
Consumer Non-Cyclicals
7.61%
Other
19.29%
As of November 6, 2026
Top 10 Holdings
VIU
Samsung Electronics Co., Ltd.
3.16%
SK hynix, Inc.
2.60%
ASML Holding NV
2.41%
HSBC Holdings Plc
1.18%
Roche Holding AG
1.01%
Shell Plc
0.95%
Novartis AG
0.92%
Mitsubishi UFJ Financial Group, Inc.
0.88%
AstraZeneca PLC
0.84%
Nestlé SA
0.81%
ZEA
US46432F8427
100.00%
Diversification
VIU
Total weight of top 10 holdings out of 3,675 total
14.77%
ZEA
Total weight of top 10 holdings out of 2,621 total
100.00%
Characteristics
Compare
VIU
ZEA
| Provider | Vanguard | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Developed All Cap ex North America Net Total Return Index - CAD | MSCI EAFE Net Total Return Index - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.33% | 1.99% |
| Meets ESG criteria | No | No |
| Inception Date | December 1, 2015 | February 10, 2014 |
Frequently asked questions about VIU and ZEA
Which ETF has performed better year to date: VIU or ZEA?
As of November 6, 2026, VIU has returned 11.94% year to date, while ZEA has returned 10.83%. VIU is ahead on YTD performance.
Which ETF is larger by assets under management: VIU or ZEA?
As of November 6, 2026, VIU manages $11.28 B in assets, while ZEA manages $13.46 B. ZEA is the larger fund by AUM.
How are VIU and ZEA managed?
VIU is passively managed by Vanguard. It tracks the FTSE Developed All Cap ex North America Net Total Return Index - CAD benchmark. ZEA is passively managed by BMO. It tracks the MSCI EAFE Net Total Return Index - CAD benchmark.
Which ETF is more diversified: VIU or ZEA?
VIU holds 3596 securities, while ZEA holds 1. On holdings count, VIU is the more diversified portfolio.
Which ETF is attracting more investor flows: VIU or ZEA?
Year to date, VIU has seen +$2,758.58 M in net flows, compared with +$1,175.24 M for ZEA. VIU has attracted more net investor money so far.
How do the fees of VIU and ZEA compare?
VIU has an expense ratio of 0.23%, while ZEA has an expense ratio of 0.22%.
What sectors do VIU and ZEA emphasize?
VIU is most exposed to Finance, Technology, and Industrials. ZEA is most exposed to Finance, Industrials, and Technology.
Recent articles about VIU and ZEA
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.