VS
BMO International Dividend ETF (ZDI) and Vanguard FTSE Developed Europe All Cap Index ETF (VE) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZDI focuses its top 3 sector exposures on Finance, Industrials, and Consumer Non-Cyclicals, while VE leans towards Finance, Industrials, and Healthcare. When evaluating costs, ZDI features a management fee (MER) of 0.4%, compared to 0.2% for VE. Performance-wise, ZDI has returned 15.71% year-to-date with +$121 M in net flows, whereas VE is at 9.43% with +$116 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
ZDI
VE
| AuM | $950.51 M | $669.97 M |
| Management Fees | 0.40% | 0.20% |
| Exp. ratio | 0.44% | 0.23% |
| Tracking Difference | - | 0.07% |
Historical performance and flows
As of September 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZDI | -0.48% | +1.70% | +15.71% | +22.92% | +67.53% |
VE | -2.60% | -0.83% | +9.43% | +15.73% | +71.24% | |
| Flows | ZDI | +$36 M | +$68 M | +$121 M | +$155 M | +$264 M |
VE | +$5 M | +$22 M | +$116 M | +$162 M | +$368 M |
ZDI vs VE exposure
Countries
ZDI
Japan
20.47%
France
14.37%
United Kingdom
14.03%
Netherlands
7.60%
Switzerland
7.54%
Other
35.99%
VE
United Kingdom
21.73%
Switzerland
14.66%
France
13.10%
Germany
12.76%
Netherlands
8.92%
Other
28.84%
Sectors
ZDI
Finance
31.23%
Industrials
13.19%
Consumer Non-Cyclicals
8.96%
Healthcare
7.89%
Technology
7.06%
Other
31.67%
VE
Finance
26.51%
Industrials
16.97%
Healthcare
11.60%
Technology
9.00%
Consumer Non-Cyclicals
8.50%
Other
27.42%
As of September 18, 2026
Top 10 Holdings
ZDI
ASML Holding NV
3.15%
HSBC Holdings Plc
2.85%
Intesa Sanpaolo SpA
2.53%
Roche Holding AG
2.42%
TotalEnergies SE
2.26%
DBS Group Holdings Ltd.
2.26%
Enel SpA
2.10%
Shell Plc
2.06%
Siemens AG
2.02%
Imperial Brands Plc
1.98%
VE
ASML Holding NV
3.95%
HSBC Holdings Plc
2.26%
Roche Holding AG
1.91%
Novartis AG
1.81%
Nestlé SA
1.60%
Shell Plc
1.58%
AstraZeneca PLC
1.58%
Siemens AG
1.48%
Banco Santander SA
1.27%
Allianz SE
1.17%
Diversification
ZDI
Total weight of top 10 holdings out of 108 total
23.64%
VE
Total weight of top 10 holdings out of 1,216 total
18.60%
Characteristics
Compare
ZDI
VE
| Provider | BMO | Vanguard |
| Management | Actively managed | Passively managed |
| Benchmark | - | FTSE Developed Europe All Cap Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.00% | 3.07% |
| Meets ESG criteria | No | No |
| Inception Date | November 12, 2014 | June 30, 2014 |
Frequently asked questions about ZDI and VE
Which ETF has performed better year to date: ZDI or VE?
As of September 18, 2026, ZDI has returned 15.71% year to date, while VE has returned 9.43%. ZDI is ahead on YTD performance.
Which ETF is larger by assets under management: ZDI or VE?
As of September 18, 2026, ZDI manages $950.51 M in assets, while VE manages $669.97 M. ZDI is the larger fund by AUM.
How are ZDI and VE managed?
ZDI is actively managed by BMO. It does not track an index. VE is passively managed by Vanguard. It tracks the FTSE Developed Europe All Cap Net Total Return Index - CAD benchmark.
What sectors do ZDI and VE emphasize?
ZDI is most exposed to Finance, Industrials, and Consumer Non-Cyclicals. VE is most exposed to Finance, Industrials, and Healthcare.
Which ETF is attracting more investor flows: ZDI or VE?
Year to date, ZDI has seen +$121.16 M in net flows, compared with +$115.76 M for VE. ZDI has attracted more net investor money so far.
How do the fees of ZDI and VE compare?
ZDI has an expense ratio of 0.44%, while VE has an expense ratio of 0.23%.
What are the top holdings of ZDI and VE?
ZDI's largest holdings include Roche Holding AG, ASML Holding NV, and HSBC Holdings Plc. VE's top holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG.
Which ETF is more diversified: ZDI or VE?
ZDI holds 107 securities, while VE holds 1174. On holdings count, VE is the more diversified portfolio.
Recent articles about ZDI and VE
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