VS
iShares U.S. High Dividend Equity Index ETF (XHD) and BMO US Dividend Growth ETF (ZBDU) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XHD focuses its top 3 sector exposures on Healthcare, Consumer Non-Cyclicals, and Energy, while ZBDU leans towards Finance, Healthcare, and Technology. When evaluating costs, XHD features a management fee (MER) of 0.3%, compared to 0.51% for ZBDU. Performance-wise, XHD has returned 19.66% year-to-date with +$30 M in net flows, whereas ZBDU is at 11.92% with +$2 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
XHD
ZBDU
| AuM | $252.81 M | $7.37 M |
| Management Fees | 0.30% | 0.51% |
| Exp. ratio | 0.33% | 0.51% |
| Tracking Difference | 0.15% | - |
Historical performance and flows
As of September 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XHD | +0.22% | +5.62% | +19.66% | +20.22% | +47.51% |
ZBDU | -2.91% | +2.72% | +11.92% | +15.43% | - | |
| Flows | XHD | +$15 M | +$17 M | +$30 M | +$18 M | -$4 M |
ZBDU | +$0 M | +$0 M | +$2 M | +$3 M | - |
XHD vs ZBDU exposure
Countries
XHD
USA
97.92%
ZBDU
USA
97.07%
Sectors
XHD
Healthcare
24.00%
Consumer Non-Cyclicals
23.63%
Energy
20.70%
Utilities
7.65%
Other
24.02%
ZBDU
Finance
30.03%
Healthcare
19.53%
Technology
18.61%
Consumer Non-Cyclicals
8.29%
Other
23.55%
As of September 10, 2026
Top 10 Holdings
XHD
ExxonMobil Holdings Corp.
7.96%
AbbVie, Inc.
6.33%
Chevron Corp.
5.99%
Verizon Communications, Inc.
5.43%
Procter & Gamble Co.
4.50%
Philip Morris International, Inc.
4.47%
The Home Depot, Inc.
4.47%
Pfizer Inc.
4.25%
The Coca-Cola Co.
4.13%
Merck & Co., Inc.
3.98%
ZBDU
Bank of America Corp.
4.28%
Johnson & Johnson
4.01%
Cisco Systems, Inc.
3.92%
Morgan Stanley
3.61%
Apple, Inc.
3.46%
RTX Corp.
3.29%
JPMorgan Chase & Co.
3.29%
UnitedHealth Group, Inc.
3.19%
AbbVie, Inc.
3.13%
Gilead Sciences, Inc.
3.12%
Diversification
XHD
Total weight of top 10 holdings out of 75 total
51.52%
ZBDU
Total weight of top 10 holdings out of 48 total
35.29%
Characteristics
Compare
XHD
ZBDU
| Provider | iShares | BMO |
| Management | Passively managed | Actively managed |
| Benchmark | Morningstar Dividend Yield Focus Net Return Index - CAD Hedged | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.26% | 2.28% |
| Meets ESG criteria | No | No |
| Inception Date | August 14, 2012 | May 21, 2025 |
Frequently asked questions about XHD and ZBDU
Which ETF has performed better year to date: XHD or ZBDU?
As of September 10, 2026, XHD has returned 19.66% year to date, while ZBDU has returned 11.92%. XHD is ahead on YTD performance.
Which ETF is larger by assets under management: XHD or ZBDU?
As of September 10, 2026, XHD manages $252.81 M in assets, while ZBDU manages $7.37 M. XHD is the larger fund by AUM.
How are XHD and ZBDU managed?
XHD is passively managed by iShares. It tracks the Morningstar Dividend Yield Focus Net Return Index - CAD Hedged benchmark. ZBDU is actively managed by BMO. It does not track an index.
What sectors do XHD and ZBDU emphasize?
XHD is most exposed to Healthcare, Consumer Non-Cyclicals, and Energy. ZBDU is most exposed to Finance, Healthcare, and Technology.
Which ETF is attracting more investor flows: XHD or ZBDU?
Year to date, XHD has seen +$30.32 M in net flows, compared with +$1.77 M for ZBDU. XHD has attracted more net investor money so far.
How do the fees of XHD and ZBDU compare?
XHD has an expense ratio of 0.33%, while ZBDU has an expense ratio of 0.51%.
What are the top holdings of XHD and ZBDU?
XHD's largest holdings include ExxonMobil Holdings Corp., AbbVie, Inc., and Chevron Corp.. ZBDU's top holdings include Bank of America Corp., Johnson & Johnson, and Cisco Systems, Inc..
Which ETF is more diversified: XHD or ZBDU?
XHD holds 75 securities, while ZBDU holds 48. On holdings count, XHD is the more diversified portfolio.
Recent articles about XHD and ZBDU
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