VS
When evaluating costs, VVL features a management fee (MER) of 0.35%, compared to 0.25% for ZEB. Performance-wise, VVL has returned 21.95% year-to-date with +$165 M in net flows, whereas ZEB is at 29.73% with +$564 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
VVL
ZEB
| AuM | $890.03 M | $7,417.32 M |
| Management Fees | 0.35% | 0.25% |
| Exp. ratio | 0.38% | 0.28% |
| Tracking Difference | - | -0.54% |
Historical performance and flows
As of September 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VVL | +0.03% | +7.12% | +21.95% | +28.60% | +84.35% |
ZEB | -4.74% | +3.24% | +29.73% | +49.04% | +151.43% | |
| Flows | VVL | +$8 M | +$44 M | +$165 M | +$220 M | +$292 M |
ZEB | +$295 M | +$1,698 M | +$564 M | +$1,332 M | -$328 M |
VVL vs ZEB exposure
Countries
VVL
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
VVL
Exposure data will be available soon
ZEB
Finance
100.00%
As of September 15, 2026
Top 10 Holdings
VVL
Exposure data will be available soon
ZEB
Royal Bank of Canada
17.39%
Bank of Montreal
17.03%
The Toronto-Dominion Bank
16.96%
The Bank of Nova Scotia
16.51%
Canadian Imperial Bank of Commerce
16.09%
National Bank of Canada
16.03%
Diversification
VVL
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
VVL
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 | 1.55% | 2.36% |
| Meets ESG criteria | No | No |
| Inception Date | June 22, 2016 | October 20, 2009 |
Frequently asked questions about VVL and ZEB
Which ETF has performed better year to date: VVL or ZEB?
As of September 15, 2026, VVL has returned 21.95% year to date, while ZEB has returned 29.73%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: VVL or ZEB?
As of September 15, 2026, VVL manages $890.03 M in assets, while ZEB manages $7.42 B. ZEB is the larger fund by AUM.
How are VVL and ZEB managed?
VVL 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: VVL or ZEB?
Year to date, VVL has seen +$165.00 M in net flows, compared with +$564.21 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of VVL and ZEB compare?
VVL has an expense ratio of 0.38%, while ZEB has an expense ratio of 0.28%.
Recent articles about VVL and ZEB
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