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 18.94% year-to-date with +$2 B in net flows, whereas ZEA is at 14.7% with +$939 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
VIU
ZEA
| AuM | $11,670.43 M | $13,765.48 M |
| Management Fees | 0.20% | 0.20% |
| Exp. ratio | 0.23% | 0.22% |
| Tracking Difference | -0.11% | -0.84% |
Historical performance and flows
As of September 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VIU | +0.04% | -1.56% | +18.94% | +25.53% | +80.10% |
ZEA | -0.04% | +2.40% | +14.70% | +19.02% | +71.89% | |
| Flows | VIU | +$250 M | +$836 M | +$2,455 M | +$3,041 M | +$4,968 M |
ZEA | +$156 M | +$476 M | +$939 M | +$1,035 M | +$2,804 M |
VIU vs ZEA exposure
Countries
VIU
Japan
23.35%
United Kingdom
12.12%
Republic of Korea
9.22%
Switzerland
8.18%
France
7.30%
Germany
7.12%
Other
32.71%
ZEA
Japan
24.83%
United Kingdom
13.79%
Switzerland
9.29%
France
8.17%
Germany
8.11%
Australia
7.07%
Other
28.75%
Sectors
VIU
Finance
25.98%
Technology
16.65%
Industrials
15.70%
Healthcare
8.47%
Consumer Non-Cyclicals
7.34%
Non-Energy Materials
7.19%
Other
18.67%
ZEA
Finance
27.47%
Industrials
16.39%
Technology
11.86%
Healthcare
9.39%
Consumer Non-Cyclicals
8.10%
Non-Energy Materials
7.46%
Other
19.34%
As of September 21, 2026
Top 10 Holdings
VIU
Samsung Electronics Co., Ltd.
2.94%
SK hynix, Inc.
2.31%
ASML Holding NV
2.20%
HSBC Holdings Plc
1.26%
Roche Holding AG
1.06%
Novartis AG
1.01%
Nestlé SA
0.89%
Shell Plc
0.88%
AstraZeneca PLC
0.88%
Mitsubishi UFJ Financial Group, Inc.
0.84%
ZEA
ASML Holding NV
2.51%
HSBC Holdings Plc
1.42%
Roche Holding AG
1.20%
Novartis AG
1.12%
Nestlé SA
1.03%
AstraZeneca PLC
1.01%
Shell Plc
0.98%
Siemens AG
0.94%
Mitsubishi UFJ Financial Group, Inc.
0.92%
BHP Group Ltd.
0.82%
Diversification
VIU
Total weight of top 10 holdings out of 3,642 total
14.28%
ZEA
Total weight of top 10 holdings out of 2,608 total
11.96%
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 | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.19% | 1.89% |
| 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 September 21, 2026, VIU has returned 18.94% year to date, while ZEA has returned 14.70%. VIU is ahead on YTD performance.
Which ETF is larger by assets under management: VIU or ZEA?
As of September 21, 2026, VIU manages $11.67 B in assets, while ZEA manages $13.77 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.
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.
Which ETF is attracting more investor flows: VIU or ZEA?
Year to date, VIU has seen +$2,454.55 M in net flows, compared with +$938.58 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 are the top holdings of VIU and ZEA?
VIU's largest holdings include Samsung Electronics Co., Ltd., SK hynix, Inc., and ASML Holding NV. ZEA's top holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG.
Which ETF is more diversified: VIU or ZEA?
VIU holds 3570 securities, while ZEA holds 2596. On holdings count, VIU is the more diversified portfolio.
Recent articles about VIU and ZEA
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