VS
BMO US Dividend Growth ETF (ZBDU) and Vanguard U.S. Dividend Appreciation Index ETF (VGH) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZBDU focuses its top 3 sector exposures on Finance, Healthcare, and Technology, while VGH leans towards Technology, Finance, and Healthcare. When evaluating costs, ZBDU features a management fee (MER) of 0.51%, compared to 0.28% for VGH. Performance-wise, ZBDU has returned 13.32% year-to-date with +$2 M in net flows, whereas VGH is at 8.79% with +$23 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
ZBDU
VGH
| AuM | $7.44 M | $1,033.13 M |
| Management Fees | 0.51% | 0.28% |
| Exp. ratio | 0.51% | 0.32% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 19, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZBDU | +0.01% | +0.70% | +13.32% | +13.24% | - |
VGH | +1.21% | +1.87% | +8.79% | +9.95% | +56.55% | |
| Flows | ZBDU | +$0 M | +$0 M | +$2 M | +$3 M | - |
VGH | -$1 M | +$2 M | +$23 M | +$35 M | +$185 M |
ZBDU vs VGH exposure
Countries
ZBDU
USA
97.04%
VGH
USA
95.30%
Sectors
ZBDU
Finance
29.85%
Healthcare
20.24%
Technology
18.55%
Consumer Non-Cyclicals
8.45%
Other
22.91%
VGH
Technology
26.27%
Finance
20.43%
Healthcare
18.15%
Industrials
9.45%
Consumer Non-Cyclicals
8.87%
Other
16.82%
As of October 19, 2026
Top 10 Holdings
ZBDU
Bank of America Corp.
4.26%
Johnson & Johnson
4.14%
Cisco Systems, Inc.
3.74%
Morgan Stanley
3.64%
AbbVie, Inc.
3.58%
Microsoft Corp.
3.49%
Gilead Sciences, Inc.
3.41%
JPMorgan Chase & Co.
3.31%
Apple, Inc.
3.27%
RTX Corp.
3.21%
VGH
Microsoft Corp.
4.67%
Apple, Inc.
4.50%
Broadcom Inc.
4.34%
JPMorgan Chase & Co.
4.07%
Eli Lilly & Co.
3.90%
ExxonMobil Holdings Corp.
2.84%
Johnson & Johnson
2.73%
Visa, Inc.
2.50%
Mastercard, Inc.
2.03%
Walmart, Inc.
1.96%
Diversification
ZBDU
Total weight of top 10 holdings out of 48 total
36.03%
VGH
Total weight of top 10 holdings out of 333 total
33.53%
Characteristics
Compare
ZBDU
VGH
| Provider | BMO | Vanguard |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P U.S. Dividend Growers Index - USD |
| Replication Method | - | Other |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.26% | 1.07% |
| Meets ESG criteria | No | No |
| Inception Date | May 21, 2025 | August 2, 2013 |
Frequently asked questions about ZBDU and VGH
Which ETF has performed better year to date: ZBDU or VGH?
As of October 19, 2026, ZBDU has returned 13.32% year to date, while VGH has returned 8.79%. ZBDU is ahead on YTD performance.
Which ETF is larger by assets under management: ZBDU or VGH?
As of October 19, 2026, ZBDU manages $7.44 M in assets, while VGH manages $1.03 B. VGH is the larger fund by AUM.
How are ZBDU and VGH managed?
ZBDU is actively managed by BMO. It does not track an index. VGH is passively managed by Vanguard. It tracks the S&P U.S. Dividend Growers Index - USD benchmark.
What sectors do ZBDU and VGH emphasize?
ZBDU is most exposed to Finance, Healthcare, and Technology. VGH is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: ZBDU or VGH?
Year to date, ZBDU has seen +$1.77 M in net flows, compared with +$23.30 M for VGH. VGH has attracted more net investor money so far.
How do the fees of ZBDU and VGH compare?
ZBDU has an expense ratio of 0.51%, while VGH has an expense ratio of 0.32%.
What are the top holdings of ZBDU and VGH?
ZBDU's largest holdings include Bank of America Corp., Johnson & Johnson, and Cisco Systems, Inc.. VGH's top holdings include Microsoft Corp., Apple, Inc., and Broadcom Inc..
Which ETF is more diversified: ZBDU or VGH?
ZBDU holds 48 securities, while VGH holds 331. On holdings count, VGH is the more diversified portfolio.
Recent articles about ZBDU and VGH
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