Compare BMO Growth ETF (ZGRO) vs Vanguard Growth ETF Portfolio (VGRO) to find the best fit for your portfolio. ZGRO provides Technology, Finance, and Industrials exposures, while VGRO is primarily weighted in Finance, Technology, and Industrials. When evaluating costs, ZGRO features a management fee (MER) of 0.18%, compared to 0.22% for VGRO. Performance-wise, ZGRO has returned 10.09% year-to-date with +$198 M in net flows, whereas VGRO is at 10.09% 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
ZGRO
VGRO
| AuM | $820.75 M | $10,777.48 M |
| Management Fees | 0.18% | 0.22% |
| Exp. ratio | 0.20% | 0.24% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZGRO | -3.31% | -2.57% | +10.09% | +11.04% | +63.86% |
VGRO | -3.08% | -2.53% | +10.09% | +11.31% | +66.91% | |
| Flows | ZGRO | +$19 M | +$56 M | +$198 M | +$217 M | +$453 M |
VGRO | +$168 M | +$425 M | +$1,685 M | +$1,880 M | +$3,773 M |
ZGRO vs VGRO exposure
Countries
ZGRO
USA
43.97%
Canada
32.84%
Other
23.19%
VGRO
USA
39.94%
Canada
34.08%
Other
25.98%
Sectors
ZGRO
Technology
24.22%
Finance
20.89%
Industrials
8.13%
Sovereign
7.36%
Other
39.39%
VGRO
Finance
22.64%
Technology
22.17%
Industrials
7.98%
Sovereign
7.76%
Other
39.45%
As of November 6, 2026
Top 10 Holdings
ZGRO
CA05575T1003
37.23%
CA05574G1090
19.55%
CA05590X1024
13.83%
CA05579E1097
13.13%
CA05576Y1088
7.54%
CA05592U1140
5.83%
CA05589X1050
1.94%
CA05589W2067
0.95%
VGRO
NVIDIA Corp.
2.65%
Apple, Inc.
2.46%
Microsoft Corp.
1.93%
Royal Bank of Canada
1.90%
The Toronto-Dominion Bank
1.33%
Shopify, Inc.
1.25%
Amazon.com, Inc.
1.23%
Alphabet, Inc.
1.02%
Taiwan Semiconductor Manufacturing Co., Ltd.
0.89%
Broadcom Inc.
0.85%
Diversification
ZGRO
Total weight of top 10 holdings out of 19,745 total
100.00%
VGRO
Total weight of top 10 holdings out of 33,380 total
15.51%
Characteristics
Compare
ZGRO
VGRO
| Provider | BMO | Vanguard |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.41% | 1.79% |
| Meets ESG criteria | No | No |
| Inception Date | February 15, 2019 | February 1, 2018 |
Frequently asked questions about ZGRO and VGRO
Which ETF has performed better year to date: ZGRO or VGRO?
As of November 6, 2026, ZGRO has returned 10.09% year to date, while VGRO has returned 10.09%. VGRO is ahead on YTD performance.
Which ETF is larger by assets under management: ZGRO or VGRO?
As of November 6, 2026, ZGRO manages $820.75 M in assets, while VGRO manages $10.78 B. VGRO is the larger fund by AUM.
How are ZGRO and VGRO managed?
ZGRO is actively managed by BMO. It does not track an index. VGRO is actively managed by Vanguard. It does not track an index.
Which ETF is more diversified: ZGRO or VGRO?
ZGRO holds 1 securities, while VGRO holds 28061. On holdings count, VGRO is the more diversified portfolio.
Which ETF is attracting more investor flows: ZGRO or VGRO?
Year to date, ZGRO has seen +$197.84 M in net flows, compared with +$1,684.92 M for VGRO. VGRO has attracted more net investor money so far.
How do the fees of ZGRO and VGRO compare?
ZGRO has an expense ratio of 0.20%, while VGRO has an expense ratio of 0.24%.
What sectors do ZGRO and VGRO emphasize?
ZGRO is most exposed to Technology, Finance, and Industrials. VGRO is most exposed to Finance, Technology, and Industrials.
Recent articles about ZGRO and VGRO
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