VS
When evaluating costs, VMO features a management fee (MER) of 0.35%, compared to 0.25% for ZEB. Performance-wise, VMO has returned 17.15% year-to-date with +$125 M in net flows, whereas ZEB is at 32.77% with +$48 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
VMO
ZEB
| AuM | $470.53 M | $7,095.48 M |
| Management Fees | 0.35% | 0.25% |
| Exp. ratio | 0.38% | 0.28% |
| Tracking Difference | - | -0.62% |
Historical performance and flows
As of July 31, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VMO | -6.99% | +0.59% | +17.15% | +29.99% | +101.04% |
ZEB | +1.95% | +15.98% | +32.77% | +68.32% | +146.77% | |
| Flows | VMO | +$15 M | +$61 M | +$125 M | +$148 M | +$255 M |
ZEB | +$364 M | +$1,061 M | +$48 M | +$292 M | -$759 M |
VMO vs ZEB exposure
Countries
VMO
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
VMO
Exposure data will be available soon
ZEB
Finance
100.00%
As of July 31, 2026
Top 10 Holdings
VMO
Exposure data will be available soon
ZEB
The Toronto-Dominion Bank
17.42%
Royal Bank of Canada
17.32%
Bank of Montreal
17.15%
The Bank of Nova Scotia
16.61%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.70%
Diversification
VMO
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
VMO
ZEB
| Provider | Vanguard | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.73% | 2.29% |
| Meets ESG criteria | No | No |
| Inception Date | June 22, 2016 | October 20, 2009 |
Frequently asked questions about VMO and ZEB
Which ETF has performed better year to date: VMO or ZEB?
As of July 31, 2026, VMO has returned 17.15% year to date, while ZEB has returned 32.77%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: VMO or ZEB?
As of July 31, 2026, VMO manages $470.53 M in assets, while ZEB manages $7.10 B. ZEB is the larger fund by AUM.
How are VMO and ZEB managed?
VMO is actively managed by Vanguard. It does not track an index. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
Which ETF is attracting more investor flows: VMO or ZEB?
Year to date, VMO has seen +$124.78 M in net flows, compared with +$48.05 M for ZEB. VMO has attracted more net investor money so far.
How do the fees of VMO and ZEB compare?
VMO has an expense ratio of 0.38%, while ZEB has an expense ratio of 0.28%.
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