VS
Vanguard Global Minimum Volatility ETF (VVO) and BMO Low Volatility Canadian Equity ETF (ZLB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that VVO focuses its top 3 sector exposures on Information Technology, Health Care, and Communication Services, while ZLB leans towards Financials, Utilities, and Consumer Staples. When evaluating costs, VVO features a management fee (MER) of 0.35%, compared to 0.35% for ZLB. Performance-wise, VVO has returned 4.66% year-to-date with +$2 M in net flows, whereas ZLB is at 2.56% with +$166 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
VVO
ZLB
| AuM | $41.11 M | $5,964.27 M |
| Management Fees | 0.35% | 0.35% |
| Exp. ratio | 0.39% | 0.39% |
| Tracking Difference | - | - |
Historical performance and flows
As of April 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VVO | +3.32% | +2.20% | +4.66% | +12.09% | +34.50% |
ZLB | +2.64% | +1.77% | +2.56% | +19.91% | +47.58% | |
| Flows | VVO | +$2 M | +$2 M | +$2 M | -$10 M | -$0 M |
ZLB | +$59 M | +$84 M | +$166 M | +$630 M | +$1,356 M |
VVO vs ZLB exposure
Countries
VVO
USA
58.36%
Other
8.34%
Other
33.30%
ZLB
Canada
98.76%
Sectors
VVO
Information Technology
18.94%
Other
15.85%
Health Care
10.12%
Communication Services
9.09%
Consumer Staples
8.99%
Financials
8.94%
Other
28.09%
ZLB
Financials
22.74%
Utilities
17.75%
Consumer Staples
17.26%
Communication Services
9.91%
Other
8.17%
Materials
7.09%
Other
17.08%
As of April 24, 2026
Top 10 Holdings
VVO
US8740391003
1.43%
RAYTHEON TECHNOLOGIES CORPORD
1.41%
MICROSOFT-T
1.41%
CISCO-T
1.41%
JOHNSON&JOHNSON
1.40%
PEARSON
1.40%
MCKESSON
1.40%
US9108734057
1.40%
TJX
1.40%
LOCKHEED MARTIN
1.39%
ZLB
LOBLAW COMPANIES
4.81%
FORTIS
4.19%
QUEBECOR SUB VOTING
4.16%
HYDRO ONE
4.15%
METRO
3.78%
EMPIRE
3.74%
EMERA
3.58%
GREAT WEST LIFECO
3.30%
CANADIAN UTILITIES
3.08%
GEORGE WESTON
2.88%
Diversification
VVO
Total weight of top 10 holdings out of 162 total
14.05%
ZLB
Total weight of top 10 holdings out of 52 total
37.67%
Characteristics
Frequently asked questions about VVO and ZLB
Which ETF has performed better year to date: VVO or ZLB?
As of April 24, 2026, VVO has returned 4.66% year to date, while ZLB has returned 2.56%. VVO is ahead on YTD performance.
Which ETF is larger by assets under management: VVO or ZLB?
As of April 24, 2026, VVO manages $41.11 M in assets, while ZLB manages $5.96 B. ZLB is the larger fund by AUM.
How are VVO and ZLB managed?
VVO is actively managed by Vanguard. It does not track an index. ZLB is actively managed by BMO. It does not track an index.
What sectors do VVO and ZLB emphasize?
VVO is most exposed to Information Technology, Health Care, and Communication Services. ZLB is most exposed to Financials, Utilities, and Consumer Staples.
Which ETF is attracting more investor flows: VVO or ZLB?
Year to date, VVO has seen +$2.06 M in net flows, compared with +$165.87 M for ZLB. ZLB has attracted more net investor money so far.
How do the fees of VVO and ZLB compare?
VVO has an expense ratio of 0.39%, while ZLB has an expense ratio of 0.39%.
What are the top holdings of VVO and ZLB?
VVO's largest holdings include RAYTHEON TECHNOLOGIES CORPORD and MICROSOFT-T. ZLB's top holdings include LOBLAW COMPANIES and FORTIS.
Which ETF is more diversified: VVO or ZLB?
VVO holds 149 securities, while ZLB holds 48. On holdings count, VVO is the more diversified portfolio.
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