VS
iShares U.S. High Dividend Equity Index ETF (XHD) and BMO Low Volatility US Equity ETF (ZLU) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XHD focuses its top 3 sector exposures on Consumer Staples, Energy, and Health Care, while ZLU leans towards Utilities, Information Technology, and Health Care. When evaluating costs, XHD features a management fee (MER) of 0.3%, compared to 0.3% for ZLU. Performance-wise, XHD has returned 13.13% year-to-date with +$14 M in net flows, whereas ZLU is at 11.16% with +$15 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
ZLU
| AuM | $224.58 M | $2,412.94 M |
| Management Fees | 0.30% | 0.30% |
| Exp. ratio | 0.33% | 0.33% |
| Tracking Difference | 0.16% | - |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XHD | +1.91% | +2.13% | +13.13% | +18.33% | +42.88% |
ZLU | +3.30% | +4.30% | +11.16% | +18.32% | +44.83% | |
| Flows | XHD | -$0 M | -$0 M | +$14 M | +$1 M | -$34 M |
ZLU | +$44 M | +$74 M | +$15 M | +$3 M | +$333 M |
XHD vs ZLU exposure
Countries
XHD
USA
95.59%
ZLU
USA
96.84%
Sectors
XHD
Consumer Staples
24.06%
Energy
22.17%
Health Care
16.44%
Financials
11.03%
Utilities
9.30%
Information Technology
8.18%
Other
8.81%
ZLU
Utilities
20.68%
Information Technology
18.37%
Health Care
17.89%
Consumer Staples
11.89%
Financials
11.63%
Other
19.55%
As of June 11, 2026
Top 10 Holdings
XHD
EXXON
8.43%
CHEVRON TEXACO
6.43%
JOHNSON&JOHNSON
5.69%
ABBVIE
5.44%
PROCTERGAMBLE
4.46%
PHILLIP MORRIS
4.18%
HOME DEPOT
4.08%
COCA-COLA
3.87%
PROGRESSIVE
3.79%
MERCK & CO INC
3.77%
ZLU
CORNING
5.09%
CBOE GLOBAL MARKETS INC
3.43%
JOHNSON&JOHNSON
2.77%
CISCO-T
2.77%
MOTOROLA SOLUTIONS
2.43%
AKAMAI TECHNOLOGIES
2.32%
NEWMONT CORP
2.22%
CONSOLIDATED EDISON
2.14%
NORTHROP GRUMMAN
1.75%
CME GROUP
1.70%
Diversification
XHD
Total weight of top 10 holdings out of 75 total
50.13%
ZLU
Total weight of top 10 holdings out of 103 total
26.60%
Characteristics
Compare
XHD
ZLU
| 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 | 2.36% | 1.71% |
| Meets ESG criteria | No | No |
| Inception Date | August 14, 2012 | March 27, 2013 |
Frequently asked questions about XHD and ZLU
Which ETF has performed better year to date: XHD or ZLU?
As of June 11, 2026, XHD has returned 13.13% year to date, while ZLU has returned 11.16%. XHD is ahead on YTD performance.
Which ETF is larger by assets under management: XHD or ZLU?
As of June 11, 2026, XHD manages $224.58 M in assets, while ZLU manages $2.41 B. ZLU is the larger fund by AUM.
How are XHD and ZLU managed?
XHD is passively managed by iShares. It tracks the Morningstar Dividend Yield Focus Net Return Index - CAD Hedged benchmark. ZLU is actively managed by BMO. It does not track an index.
What sectors do XHD and ZLU emphasize?
XHD is most exposed to Consumer Staples, Energy, and Health Care. ZLU is most exposed to Utilities, Information Technology, and Health Care.
Which ETF is attracting more investor flows: XHD or ZLU?
Year to date, XHD has seen +$13.64 M in net flows, compared with +$15.02 M for ZLU. ZLU has attracted more net investor money so far.
How do the fees of XHD and ZLU compare?
XHD has an expense ratio of 0.33%, while ZLU has an expense ratio of 0.33%.
What are the top holdings of XHD and ZLU?
XHD's largest holdings include EXXON, CHEVRON TEXACO, and JOHNSON&JOHNSON. ZLU's top holdings include CORNING, CBOE GLOBAL MARKETS INC, and JOHNSON&JOHNSON.
Which ETF is more diversified: XHD or ZLU?
XHD holds 75 securities, while ZLU holds 103. On holdings count, ZLU is the more diversified portfolio.
Recent articles about XHD and ZLU
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