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Compare Vanguard Retirement Income ETF Portfolio (VRIF) vs BMO Monthly Income ETF (ZMI) to find the best fit for your portfolio. VRIF provides Finance, Sovereign, and Energy exposures, while ZMI is primarily weighted in Finance, Energy, and Technology. When evaluating costs, VRIF features a management fee (MER) of 0.29%, compared to 0.18% for ZMI. Performance-wise, VRIF has returned 3.59% year-to-date with +$66 M in net flows, whereas ZMI is at 10% with +$43 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
VRIF
ZMI
| AuM | $370.17 M | $254.34 M |
| Management Fees | 0.29% | 0.18% |
| Exp. ratio | 0.32% | 0.20% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VRIF | +0.06% | -0.99% | +3.59% | +3.72% | +37.31% |
ZMI | +0.59% | -0.01% | +10.00% | +11.61% | +50.87% | |
| Flows | VRIF | +$1 M | +$9 M | +$66 M | +$73 M | +$36 M |
ZMI | +$2 M | +$8 M | +$43 M | +$60 M | +$111 M |
VRIF vs ZMI exposure
Countries
VRIF
Canada
60.37%
USA
16.04%
Other
23.59%
ZMI
Canada
35.39%
USA
35.01%
Other
20.64%
Other
8.96%
Sectors
VRIF
Finance
29.08%
Sovereign
14.05%
Energy
7.62%
Municipal
7.47%
Technology
7.18%
Other
34.61%
ZMI
Finance
29.00%
Other
20.64%
Energy
11.00%
Technology
10.04%
Other
29.32%
As of October 30, 2026
Top 10 Holdings
VRIF
Royal Bank of Canada
0.71%
NVIDIA Corp.
0.56%
Apple, Inc.
0.52%
The Toronto-Dominion Bank
0.50%
Shopify, Inc.
0.47%
Canada, Bonds 2.75% 1mar2031, CAD
0.44%
Samsung Electronics Co., Ltd.
0.44%
Canada, Bonds 3% 1sep2031, CAD
0.42%
Microsoft Corp.
0.41%
Canada, Bonds 3.25% 1dec2035, CAD
0.36%
ZMI
CA05585M1032
24.21%
CA05575X1197
20.92%
CA05600B1085
15.05%
CA05590R1055
13.47%
CA05575W1032
10.07%
CA09658Q1081
6.33%
CA05600A3082
5.16%
CA09661J1093
4.79%
Diversification
VRIF
Total weight of top 10 holdings out of 29,900 total
4.81%
ZMI
Total weight of top 10 holdings out of 1,212 total
100.00%
Characteristics
Compare
VRIF
ZMI
| 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 | 3.89% | 3.43% |
| Meets ESG criteria | No | No |
| Inception Date | September 9, 2020 | February 3, 2011 |
Frequently asked questions about VRIF and ZMI
Which ETF has performed better year to date: VRIF or ZMI?
As of October 30, 2026, VRIF has returned 3.59% year to date, while ZMI has returned 10.00%. ZMI is ahead on YTD performance.
Which ETF is larger by assets under management: VRIF or ZMI?
As of October 30, 2026, VRIF manages $370.17 M in assets, while ZMI manages $254.34 M. VRIF is the larger fund by AUM.
How are VRIF and ZMI managed?
VRIF is actively managed by Vanguard. It does not track an index. ZMI is actively managed by BMO. It does not track an index.
Which ETF is more diversified: VRIF or ZMI?
VRIF holds 24799 securities, while ZMI holds 1. On holdings count, VRIF is the more diversified portfolio.
Which ETF is attracting more investor flows: VRIF or ZMI?
Year to date, VRIF has seen +$66.01 M in net flows, compared with +$42.72 M for ZMI. VRIF has attracted more net investor money so far.
How do the fees of VRIF and ZMI compare?
VRIF has an expense ratio of 0.32%, while ZMI has an expense ratio of 0.20%.
What sectors do VRIF and ZMI emphasize?
VRIF is most exposed to Finance, Sovereign, and Energy. ZMI is most exposed to Finance, Energy, and Technology.
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