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 11.99% year-to-date with +$171 M in net flows, whereas VGRO is at 11.91% with +$1 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 | $816.16 M | $10,867.98 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% |
VGRO | -0.55% | -0.11% | +11.91% | +15.91% | +67.72% | |
| Flows | ZGRO | +$19 M | +$50 M | +$171 M | +$216 M | +$429 M |
VGRO | +$152 M | +$466 M | +$1,463 M | +$1,813 M | +$3,620 M |
ZGRO vs VGRO exposure
Countries
ZGRO
USA
43.28%
Canada
33.80%
Other
22.92%
VGRO
USA
39.45%
Canada
34.64%
Other
25.91%
Sectors
ZGRO
Technology
22.02%
Finance
21.92%
Industrials
8.41%
Sovereign
7.45%
Other
40.21%
VGRO
Finance
23.54%
Technology
20.42%
Industrials
8.31%
Sovereign
7.92%
Other
39.82%
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%
VGRO
NVIDIA Corp.
2.34%
Apple, Inc.
2.30%
Royal Bank of Canada
2.03%
Microsoft Corp.
1.75%
The Toronto-Dominion Bank
1.39%
Amazon.com, Inc.
1.33%
Alphabet, Inc.
1.06%
Shopify, Inc.
0.99%
Broadcom Inc.
0.93%
Bank of Montreal
0.88%
Diversification
ZGRO
Total weight of top 10 holdings out of 19,892 total
17.20%
VGRO
Total weight of top 10 holdings out of 33,339 total
15.00%
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 | 1.43% | 1.74% |
| 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 September 18, 2026, ZGRO has returned 11.99% year to date, while VGRO has returned 11.91%. ZGRO is ahead on YTD performance.
Which ETF is larger by assets under management: ZGRO or VGRO?
As of September 18, 2026, ZGRO manages $816.16 M in assets, while VGRO manages $10.87 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.
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.
Which ETF is attracting more investor flows: ZGRO or VGRO?
Year to date, ZGRO has seen +$170.65 M in net flows, compared with +$1,463.15 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 are the top holdings of ZGRO and VGRO?
ZGRO's largest holdings include Apple, Inc., NVIDIA Corp., and Canada, Bond 0.5 1oct2030 10Y. VGRO's top holdings include NVIDIA Corp., Apple, Inc., and Royal Bank of Canada.
Which ETF is more diversified: ZGRO or VGRO?
ZGRO holds 11658 securities, while VGRO holds 28244. On holdings count, VGRO is the more diversified portfolio.
Recent articles about ZGRO and VGRO
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