VS
Compare BMO S&P/TSX Capped Composite Index ETF (ZCN) vs Vanguard FTSE Canada All Cap Index ETF (VCN) to find the best fit for your portfolio. ZCN and VCN provide the same top sector exposures: Financials, Energy, and Materials. When evaluating costs, ZCN features a management fee (MER) of 0.05%, compared to 0.05% for VCN. Performance-wise, ZCN has returned 6.63% year-to-date with +$2 B in net flows, whereas VCN is at 6.41% with +$2 B. 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
ZCN
VCN
| AuM | $15,880.41 M | $15,137.67 M |
| Management Fees | 0.05% | 0.05% |
| Exp. ratio | 0.06% | 0.06% |
| Tracking Difference | -0.12% | -0.11% |
Historical performance and flows
As of May 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZCN | +1.31% | +5.50% | +6.63% | +37.72% | +77.84% |
VCN | +1.30% | +5.47% | +6.41% | +36.49% | +78.10% | |
| Flows | ZCN | +$444 M | +$1,079 M | +$1,590 M | +$2,540 M | +$4,045 M |
VCN | +$320 M | +$1,092 M | +$1,581 M | +$2,987 M | +$5,004 M |
ZCN vs VCN exposure
Countries
ZCN
Canada
99.28%
VCN
Canada
99.36%
Sectors
ZCN
Financials
28.26%
Energy
18.52%
Materials
15.49%
Other
12.55%
Other
25.19%
VCN
Financials
28.68%
Energy
18.12%
Materials
15.78%
Other
13.75%
Other
23.68%
As of May 5, 2026
Top 10 Holdings
ZCN
ROYAL BK CANADA
6.73%
TORONTO DOMINION
4.69%
SHOPIFY SUBORDINATE VOTING
4.18%
ENBRIDGE
3.61%
CDN NATURAL RESOURCE
3.14%
AGNICO EAGLE MINES LTD
2.94%
BANK OF MONTREAL
2.83%
CA11271J1075
2.60%
CDN IMPERIAL BK
2.60%
BNS
2.53%
VCN
ROYAL BK CANADA
6.81%
TORONTO DOMINION
4.72%
SHOPIFY SUBORDINATE VOTING
4.37%
ENBRIDGE
3.56%
AGNICO EAGLE MINES LTD
3.05%
CDN NATURAL RESOURCE
3.00%
BANK OF MONTREAL
2.89%
CDN IMPERIAL BK
2.68%
BNS
2.60%
CA11271J1075
2.58%
Diversification
ZCN
Total weight of top 10 holdings out of 221 total
35.84%
VCN
Total weight of top 10 holdings out of 214 total
36.26%
Characteristics
Compare
ZCN
VCN
| Provider | BMO | Vanguard |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX Capped Composite Total Return Index - CAD | FTSE Canada All Cap Domestic Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.11% | 2.08% |
| Meets ESG criteria | No | No |
| Inception Date | May 29, 2009 | August 2, 2013 |
Frequently asked questions about ZCN and VCN
Which ETF has performed better year to date: ZCN or VCN?
As of May 5, 2026, ZCN has returned 6.63% year to date, while VCN has returned 6.41%. ZCN is ahead on YTD performance.
Which ETF is larger by assets under management: ZCN or VCN?
As of May 5, 2026, ZCN manages $15.88 B in assets, while VCN manages $15.14 B. ZCN is the larger fund by AUM.
How are ZCN and VCN managed?
ZCN is passively managed by BMO. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark. VCN is passively managed by Vanguard. It tracks the FTSE Canada All Cap Domestic Total Return Index - CAD benchmark.
What sectors do ZCN and VCN emphasize?
ZCN is most exposed to Financials, Energy, and Materials. VCN is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: ZCN or VCN?
Year to date, ZCN has seen +$1,589.71 M in net flows, compared with +$1,581.05 M for VCN. ZCN has attracted more net investor money so far.
How do the fees of ZCN and VCN compare?
ZCN has an expense ratio of 0.06%, while VCN has an expense ratio of 0.06%.
What are the top holdings of ZCN and VCN?
ZCN's largest holdings include ROYAL BK CANADA and TORONTO DOMINION. VCN's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: ZCN or VCN?
ZCN holds 193 securities, while VCN holds 182. On holdings count, ZCN is the more diversified portfolio.
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