VS
BMO US Large Cap Disciplined Value ETF (ZBVU) and Vanguard U.S. Dividend Appreciation Index ETF (VGH) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZBVU focuses its top 3 sector exposures on Finance, Technology, and Healthcare, while VGH leans towards Technology, Finance, and Healthcare. When evaluating costs, ZBVU features a management fee (MER) of 0.51%, compared to 0.28% for VGH. Performance-wise, ZBVU has returned 19.12% year-to-date with +$2 M in net flows, whereas VGH is at 9.68% 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
ZBVU
VGH
| AuM | $10.63 M | $1,041.66 M |
| Management Fees | 0.51% | 0.28% |
| Exp. ratio | 0.51% | 0.32% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZBVU | -0.67% | +0.58% | +19.12% | +21.10% | - |
VGH | +2.04% | +2.71% | +9.68% | +10.86% | +57.84% | |
| Flows | ZBVU | +$0 M | +$0 M | +$2 M | +$0 M | - |
VGH | -$1 M | +$2 M | +$23 M | +$35 M | +$185 M |
ZBVU vs VGH exposure
Countries
ZBVU
USA
94.93%
VGH
USA
95.30%
Sectors
ZBVU
Finance
32.43%
Technology
16.34%
Healthcare
10.46%
Industrials
9.61%
Consumer Non-Cyclicals
7.06%
Other
24.10%
VGH
Technology
26.27%
Finance
20.43%
Healthcare
18.15%
Industrials
9.45%
Consumer Non-Cyclicals
8.87%
Other
16.82%
As of October 20, 2026
Top 10 Holdings
ZBVU
Advanced Micro Devices, Inc.
4.36%
Bank of America Corp.
4.12%
JPMorgan Chase & Co.
3.56%
Target Corp.
3.24%
Berkshire Hathaway, Inc.
3.22%
Visa, Inc.
3.19%
UnitedHealth Group, Inc.
3.16%
Micron Technology, Inc.
3.04%
Delta Air Lines, Inc.
2.99%
Alphabet, Inc.
2.99%
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
ZBVU
Total weight of top 10 holdings out of 56 total
33.88%
VGH
Total weight of top 10 holdings out of 333 total
33.53%
Characteristics
Compare
ZBVU
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 | 0.71% | 1.07% |
| Meets ESG criteria | No | No |
| Inception Date | May 21, 2025 | August 2, 2013 |
Frequently asked questions about ZBVU and VGH
Which ETF has performed better year to date: ZBVU or VGH?
As of October 20, 2026, ZBVU has returned 19.12% year to date, while VGH has returned 9.68%. ZBVU is ahead on YTD performance.
Which ETF is larger by assets under management: ZBVU or VGH?
As of October 20, 2026, ZBVU manages $10.63 M in assets, while VGH manages $1.04 B. VGH is the larger fund by AUM.
How are ZBVU and VGH managed?
ZBVU 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 ZBVU and VGH emphasize?
ZBVU is most exposed to Finance, Technology, and Healthcare. VGH is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: ZBVU or VGH?
Year to date, ZBVU has seen +$1.83 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 ZBVU and VGH compare?
ZBVU has an expense ratio of 0.51%, while VGH has an expense ratio of 0.32%.
What are the top holdings of ZBVU and VGH?
ZBVU's largest holdings include Advanced Micro Devices, Inc., Bank of America Corp., and JPMorgan Chase & Co.. VGH's top holdings include Microsoft Corp., Apple, Inc., and Broadcom Inc..
Which ETF is more diversified: ZBVU or VGH?
ZBVU holds 56 securities, while VGH holds 331. On holdings count, VGH is the more diversified portfolio.
Recent articles about ZBVU and VGH
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