VS
Compare iShares MSCI USA Value Factor Index ETF (XVLU) vs BMO MSCI USA Value Index ETF (ZVU) to find the best fit for your portfolio. XVLU provides Technology, Finance, and Consumer Cyclicals exposures, while ZVU is primarily weighted in Technology, Finance, and Industrials. When evaluating costs, XVLU features a management fee (MER) of 0.3%, compared to 0.3% for ZVU. Performance-wise, XVLU has returned 42.36% year-to-date with +$23 M in net flows, whereas ZVU is at 43.96% with +$48 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
XVLU
ZVU
| AuM | $86.77 M | $157.70 M |
| Management Fees | 0.30% | 0.30% |
| Exp. ratio | 0.31% | 0.33% |
| Tracking Difference | -0.77% | 0.25% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XVLU | -3.68% | +23.01% | +42.36% | +71.67% | +125.77% |
ZVU | -2.61% | +24.32% | +43.96% | +73.98% | +127.87% | |
| Flows | XVLU | +$1 M | -$1 M | +$23 M | +$21 M | +$36 M |
ZVU | -$30 M | -$5 M | +$48 M | +$45 M | -$11 M |
XVLU vs ZVU exposure
Countries
XVLU
USA
98.21%
ZVU
USA
96.50%
Sectors
XVLU
Technology
40.66%
Finance
12.20%
Consumer Cyclicals
9.07%
Industrials
8.70%
Telecommunications
7.57%
Other
21.80%
ZVU
Technology
51.13%
Finance
10.52%
Industrials
7.29%
Other
31.05%
As of July 17, 2026
Top 10 Holdings
XVLU
Micron Technology, Inc.
21.63%
Cisco Systems, Inc.
4.67%
General Motors Co.
3.61%
Verizon Communications, Inc.
2.93%
BlackRock Cash Funds - Treasury
2.70%
AT&T, Inc.
2.62%
Ford Motor Co.
2.45%
QUALCOMM, Inc.
2.33%
Bank of America Corp.
1.78%
Comcast Corp.
1.78%
ZVU
Micron Technology, Inc.
17.67%
Intel Corp.
10.12%
Cisco Systems, Inc.
5.92%
Applied Materials, Inc.
3.55%
General Motors Co.
2.95%
Verizon Communications, Inc.
2.26%
QUALCOMM, Inc.
2.08%
AT&T, Inc.
2.05%
Western Digital Corp.
1.95%
Ford Motor Co.
1.76%
Diversification
XVLU
Total weight of top 10 holdings out of 151 total
46.50%
ZVU
Total weight of top 10 holdings out of 147 total
50.31%
Characteristics
Compare
XVLU
ZVU
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI USA Enhanced Value NTR Index - CAD | MSCI USA Enhanced Value Capped Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.18% | 1.21% |
| Meets ESG criteria | No | No |
| Inception Date | September 10, 2019 | October 4, 2017 |
Frequently asked questions about XVLU and ZVU
Which ETF has performed better year to date: XVLU or ZVU?
As of July 17, 2026, XVLU has returned 42.36% year to date, while ZVU has returned 43.96%. ZVU is ahead on YTD performance.
Which ETF is larger by assets under management: XVLU or ZVU?
As of July 17, 2026, XVLU manages $86.77 M in assets, while ZVU manages $157.70 M. ZVU is the larger fund by AUM.
How are XVLU and ZVU managed?
XVLU is passively managed by iShares. It tracks the MSCI USA Enhanced Value NTR Index - CAD benchmark. ZVU is passively managed by BMO. It tracks the MSCI USA Enhanced Value Capped Index - CAD benchmark.
What sectors do XVLU and ZVU emphasize?
XVLU is most exposed to Technology, Finance, and Consumer Cyclicals. ZVU is most exposed to Technology, Finance, and Industrials.
Which ETF is attracting more investor flows: XVLU or ZVU?
Year to date, XVLU has seen +$22.71 M in net flows, compared with +$48.01 M for ZVU. ZVU has attracted more net investor money so far.
How do the fees of XVLU and ZVU compare?
XVLU has an expense ratio of 0.31%, while ZVU has an expense ratio of 0.33%.
What are the top holdings of XVLU and ZVU?
XVLU's largest holdings include Micron Technology, Inc., Cisco Systems, Inc., and General Motors Co.. ZVU's top holdings include Micron Technology, Inc., Intel Corp., and Cisco Systems, Inc..
Which ETF is more diversified: XVLU or ZVU?
XVLU holds 150 securities, while ZVU holds 146. On holdings count, XVLU is the more diversified portfolio.
Recent articles about XVLU and ZVU
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.