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Compare BMO All-Equity ETF (ZEQT) vs Vanguard FTSE Global All Cap ex Canada Index ETF (VXC) to find the best fit for your portfolio. ZEQT and VXC provide the same top sector exposures: Information Technology, Financials, and Industrials. When evaluating costs, ZEQT features a management fee (MER) of 0.18%, compared to 0.2% for VXC. Performance-wise, ZEQT has returned 11.92% year-to-date with +$229 M in net flows, whereas VXC is at 10.6% with +$177 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
VXC
| AuM | $776.47 M | $3,371.34 M |
| Management Fees | 0.18% | 0.20% |
| Exp. ratio | 0.20% | 0.22% |
| Tracking Difference | - | 0.53% |
Historical performance and flows
As of May 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZEQT | +5.16% | +5.82% | +11.92% | +31.71% | +81.67% |
VXC | +5.24% | +6.75% | +10.60% | +28.00% | +80.82% | |
| Flows | ZEQT | +$49 M | +$144 M | +$229 M | +$444 M | +$605 M |
VXC | +$27 M | +$102 M | +$177 M | +$381 M | +$726 M |
ZEQT vs VXC exposure
Countries
ZEQT
USA
47.22%
Canada
24.97%
Other
27.81%
VXC
USA
60.34%
Other
39.66%
Sectors
ZEQT
Information Technology
21.46%
Financials
17.99%
Industrials
9.97%
Consumer Discretionary
8.04%
Energy
7.84%
Other
34.70%
VXC
Information Technology
25.60%
Financials
14.10%
Industrials
11.29%
Consumer Discretionary
9.56%
Health Care
8.34%
Communication Services
7.66%
Other
23.45%
As of May 21, 2026
Top 10 Holdings
ZEQT
NVIDIA
3.31%
APPLE
2.98%
MICROSOFT-T
2.19%
ROYAL BK CANADA
1.69%
AMAZON.COM INC
1.62%
ALPHABET INC-CL
1.31%
TWN SEMICONT MAN
1.20%
TORONTO DOMINION
1.18%
BROADCOM LIMITED
1.15%
ALPHABET INC-CL
1.05%
VXC
NVIDIA
4.10%
APPLE
3.79%
MICROSOFT-T
2.80%
AMAZON.COM INC
2.05%
ALPHABET INC-CL
1.70%
BROADCOM LIMITED
1.49%
TWN SEMICONT MAN
1.40%
ALPHABET INC-CL
1.35%
META PLATFORMS
1.27%
TESLA
1.06%
Diversification
ZEQT
Total weight of top 10 holdings out of 5,551 total
17.68%
VXC
Total weight of top 10 holdings out of 10,333 total
21.01%
Characteristics
Compare
ZEQT
VXC
| Provider | BMO | Vanguard |
| Management | Actively managed | Passively managed |
| Benchmark | - | FTSE Global All Cap ex Canada China A Inclusion Net Tax Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.30% | 1.26% |
| Meets ESG criteria | No | No |
| Inception Date | January 17, 2022 | June 30, 2014 |
Frequently asked questions about ZEQT and VXC
Which ETF has performed better year to date: ZEQT or VXC?
As of May 21, 2026, ZEQT has returned 11.92% year to date, while VXC has returned 10.60%. ZEQT is ahead on YTD performance.
Which ETF is larger by assets under management: ZEQT or VXC?
As of May 21, 2026, ZEQT manages $776.47 M in assets, while VXC manages $3.37 B. VXC is the larger fund by AUM.
How are ZEQT and VXC managed?
ZEQT is actively managed by BMO. It does not track an index. VXC is passively managed by Vanguard. It tracks the FTSE Global All Cap ex Canada China A Inclusion Net Tax Index - CAD benchmark.
What sectors do ZEQT and VXC emphasize?
ZEQT is most exposed to Information Technology, Financials, and Industrials. VXC is most exposed to Information Technology, Financials, and Industrials.
Which ETF is attracting more investor flows: ZEQT or VXC?
Year to date, ZEQT has seen +$228.61 M in net flows, compared with +$176.84 M for VXC. ZEQT has attracted more net investor money so far.
How do the fees of ZEQT and VXC compare?
ZEQT has an expense ratio of 0.20%, while VXC has an expense ratio of 0.22%.
What are the top holdings of ZEQT and VXC?
ZEQT's largest holdings include NVIDIA and APPLE. VXC's top holdings include NVIDIA and APPLE.
Which ETF is more diversified: ZEQT or VXC?
ZEQT holds 5143 securities, while VXC holds 9358. On holdings count, VXC is the more diversified portfolio.
Recent articles about ZEQT and VXC
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