BMO All-Equity ETF (ZEQT) and TD Growth ETF Portfolio (TGRO) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZEQT focuses its top 3 sector exposures on Technology, Finance, and Industrials, while TGRO leans towards Technology, Finance, and Industrials. When evaluating costs, ZEQT features a management fee (MER) of 0.18%, compared to 0.28% for TGRO. Performance-wise, ZEQT has returned 16.75% year-to-date with +$578 M in net flows, whereas TGRO is at 13.73% with +$149 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
ZEQT
TGRO
| AuM | $1,158.69 M | $464.72 M |
| Management Fees | 0.18% | 0.28% |
| Exp. ratio | 0.20% | 0.17% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZEQT | +2.26% | +1.96% | +16.75% | +18.52% | +87.21% |
TGRO | +2.19% | +1.84% | +13.73% | +15.16% | +77.25% | |
| Flows | ZEQT | +$117 M | +$246 M | +$578 M | +$655 M | +$944 M |
TGRO | +$6 M | +$28 M | +$149 M | +$182 M | +$338 M |
ZEQT vs TGRO exposure
Countries
ZEQT
USA
48.51%
Canada
24.79%
Other
26.71%
TGRO
USA
39.47%
Canada
24.29%
Other
15.39%
Other
20.85%
Sectors
ZEQT
Technology
27.99%
Finance
23.90%
Industrials
9.21%
Non-Energy Materials
8.18%
Other
30.72%
TGRO
Technology
21.47%
Finance
20.89%
Other
15.39%
Industrials
8.08%
Non-Energy Materials
7.20%
Other
26.96%
As of October 15, 2026
Top 10 Holdings
ZEQT
NVIDIA Corp.
3.60%
Apple, Inc.
3.21%
Microsoft Corp.
2.60%
Royal Bank of Canada
1.95%
Amazon.com, Inc.
1.78%
Alphabet, Inc.
1.39%
The Toronto-Dominion Bank
1.38%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.35%
Shopify, Inc.
1.27%
Broadcom Inc.
1.19%
TGRO
NVIDIA Corp.
3.08%
Apple, Inc.
2.72%
Microsoft Corp.
2.23%
Royal Bank of Canada
1.88%
Amazon.com, Inc.
1.50%
The Toronto-Dominion Bank
1.32%
Alphabet, Inc.
1.19%
Shopify, Inc.
1.15%
Broadcom Inc.
1.04%
Alphabet, Inc.
1.03%
Diversification
ZEQT
Total weight of top 10 holdings out of 5,519 total
19.71%
TGRO
Total weight of top 10 holdings out of 1,716 total
17.13%
Characteristics
Compare
ZEQT
TGRO
| Provider | BMO | TD Asset Management |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.26% | 1.51% |
| Meets ESG criteria | No | No |
| Inception Date | January 17, 2022 | August 18, 2020 |
Frequently asked questions about ZEQT and TGRO
Which ETF has performed better year to date: ZEQT or TGRO?
As of October 15, 2026, ZEQT has returned 16.75% year to date, while TGRO has returned 13.73%. ZEQT is ahead on YTD performance.
Which ETF is larger by assets under management: ZEQT or TGRO?
As of October 15, 2026, ZEQT manages $1.16 B in assets, while TGRO manages $464.72 M. ZEQT is the larger fund by AUM.
How are ZEQT and TGRO managed?
ZEQT is actively managed by BMO. It does not track an index. TGRO is actively managed by TD Asset Management. It does not track an index.
What sectors do ZEQT and TGRO emphasize?
ZEQT is most exposed to Technology, Finance, and Industrials. TGRO is most exposed to Technology, Finance, and Industrials.
Which ETF is attracting more investor flows: ZEQT or TGRO?
Year to date, ZEQT has seen +$578.06 M in net flows, compared with +$148.55 M for TGRO. ZEQT has attracted more net investor money so far.
How do the fees of ZEQT and TGRO compare?
ZEQT has an expense ratio of 0.20%, while TGRO has an expense ratio of 0.17%.
What are the top holdings of ZEQT and TGRO?
ZEQT's largest holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp.. TGRO's top holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp..
Which ETF is more diversified: ZEQT or TGRO?
ZEQT holds 5438 securities, while TGRO holds 1695. On holdings count, ZEQT is the more diversified portfolio.
Recent articles about ZEQT and TGRO
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