Compare BMO Growth ETF (ZGRO) vs iShares ESG Growth ETF Portfolio (GGRO) to find the best fit for your portfolio. ZGRO provides Technology, Finance, and Industrials exposures, while GGRO is primarily weighted in Finance, Technology, and Sovereign. When evaluating costs, ZGRO features a management fee (MER) of 0.18%, compared to 0.22% for GGRO. Performance-wise, ZGRO has returned 11.99% year-to-date with +$171 M in net flows, whereas GGRO is at 12.71% with +$44 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
ZGRO
GGRO
| AuM | $816.16 M | $275.30 M |
| Management Fees | 0.18% | 0.22% |
| Exp. ratio | 0.20% | 0.24% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZGRO | -0.48% | -0.03% | +11.99% | +15.93% | +65.03% |
GGRO | -1.30% | -1.46% | +12.71% | +16.33% | +74.34% | |
| Flows | ZGRO | +$19 M | +$50 M | +$171 M | +$216 M | +$429 M |
GGRO | +$5 M | +$19 M | +$44 M | +$57 M | +$146 M |
ZGRO vs GGRO exposure
Countries
ZGRO
USA
43.28%
Canada
33.80%
Other
22.92%
GGRO
Canada
40.32%
USA
37.08%
Other
22.60%
Sectors
ZGRO
Technology
22.02%
Finance
21.92%
Industrials
8.41%
Sovereign
7.45%
Other
40.21%
GGRO
Finance
33.25%
Technology
24.47%
Sovereign
7.30%
Other
34.98%
As of September 18, 2026
Top 10 Holdings
ZGRO
Apple, Inc.
2.77%
NVIDIA Corp.
2.68%
Canada, Bond 0.5 1oct2030 10Y
2.57%
Microsoft Corp.
1.90%
Royal Bank of Canada
1.66%
Amazon.com, Inc.
1.31%
The Toronto-Dominion Bank
1.13%
Alphabet, Inc.
1.11%
Broadcom Inc.
1.04%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.03%
GGRO
NVIDIA Corp.
4.04%
Royal Bank of Canada
2.59%
Broadcom Inc.
2.55%
The Toronto-Dominion Bank
2.51%
Shopify, Inc.
1.93%
Bank of Montreal
1.58%
Micron Technology, Inc.
1.44%
Canadian Imperial Bank of Commerce
1.40%
The Bank of Nova Scotia
1.39%
ASML Holding NV
1.20%
Diversification
ZGRO
Total weight of top 10 holdings out of 19,892 total
17.20%
GGRO
Total weight of top 10 holdings out of 1,382 total
20.66%
Characteristics
Compare
ZGRO
GGRO
| Provider | BMO | iShares |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.43% | 1.42% |
| Meets ESG criteria | No | Yes |
| Inception Date | February 15, 2019 | September 2, 2020 |
Frequently asked questions about ZGRO and GGRO
Which ETF has performed better year to date: ZGRO or GGRO?
As of September 18, 2026, ZGRO has returned 11.99% year to date, while GGRO has returned 12.71%. GGRO is ahead on YTD performance.
Which ETF is larger by assets under management: ZGRO or GGRO?
As of September 18, 2026, ZGRO manages $816.16 M in assets, while GGRO manages $275.30 M. ZGRO is the larger fund by AUM.
How are ZGRO and GGRO managed?
ZGRO is actively managed by BMO. It does not track an index. GGRO is actively managed by iShares. It does not track an index.
What sectors do ZGRO and GGRO emphasize?
ZGRO is most exposed to Technology, Finance, and Industrials. GGRO is most exposed to Finance, Technology, and Sovereign.
Which ETF is attracting more investor flows: ZGRO or GGRO?
Year to date, ZGRO has seen +$170.65 M in net flows, compared with +$43.76 M for GGRO. ZGRO has attracted more net investor money so far.
How do the fees of ZGRO and GGRO compare?
ZGRO has an expense ratio of 0.20%, while GGRO has an expense ratio of 0.24%.
What are the top holdings of ZGRO and GGRO?
ZGRO's largest holdings include Apple, Inc., NVIDIA Corp., and Canada, Bond 0.5 1oct2030 10Y. GGRO's top holdings include NVIDIA Corp., Royal Bank of Canada, and Broadcom Inc..
Which ETF is more diversified: ZGRO or GGRO?
ZGRO holds 11658 securities, while GGRO holds 1379. On holdings count, ZGRO is the more diversified portfolio.
Recent articles about ZGRO and GGRO
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