Compare BMO S&P/TSX 60 Index ETF (ZIU) vs Vanguard FTSE Canada Index ETF (VCE) to find the best fit for your portfolio. ZIU and VCE provide the same top sector exposures: Finance, Energy, and Non-Energy Materials. When evaluating costs, ZIU features a management fee (MER) of 0.15%, compared to 0.05% for VCE. Performance-wise, ZIU has returned 13.46% year-to-date with +$136 M in net flows, whereas VCE is at 13.11% with +$303 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
ZIU
VCE
| AuM | $273.74 M | $3,621.07 M |
| Management Fees | 0.15% | 0.05% |
| Exp. ratio | 0.14% | 0.06% |
| Tracking Difference | -0.24% | 0.69% |
Historical performance and flows
As of July 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZIU | +1.89% | +6.07% | +13.46% | +31.05% | - |
VCE | +2.06% | +5.67% | +13.11% | +31.59% | +90.52% | |
| Flows | ZIU | +$4 M | +$6 M | +$136 M | +$137 M | - |
VCE | +$10 M | +$92 M | +$303 M | +$472 M | +$931 M |
ZIU vs VCE exposure
Countries
ZIU
Canada
97.91%
VCE
Canada
97.18%
Sectors
ZIU
Finance
48.00%
Energy
16.96%
Non-Energy Materials
11.81%
Other
23.23%
VCE
Finance
45.92%
Energy
16.66%
Non-Energy Materials
13.72%
Industrials
7.48%
Other
16.21%
As of July 24, 2026
Top 10 Holdings
ZIU
Royal Bank of Canada
10.20%
The Toronto-Dominion Bank
7.17%
Shopify, Inc.
4.97%
Bank of Montreal
4.40%
Enbridge, Inc.
4.31%
The Bank of Nova Scotia
3.79%
Canadian Imperial Bank of Commerce
3.73%
Brookfield Corp.
3.21%
Canadian Natural Resources Ltd.
2.92%
Agnico Eagle Mines Ltd.
2.78%
VCE
Royal Bank of Canada
9.44%
The Toronto-Dominion Bank
6.63%
Shopify, Inc.
4.57%
Bank of Montreal
4.07%
Enbridge, Inc.
3.86%
The Bank of Nova Scotia
3.49%
Canadian Imperial Bank of Commerce
3.45%
Brookfield Corp.
2.91%
Canadian Natural Resources Ltd.
2.63%
Agnico Eagle Mines Ltd.
2.58%
Diversification
ZIU
Total weight of top 10 holdings out of 60 total
47.48%
VCE
Total weight of top 10 holdings out of 85 total
43.63%
Characteristics
Compare
ZIU
VCE
| Provider | BMO | Vanguard |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX 60 Total Return Index - CAD | FTSE Canada Domestic TR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.06% | 2.65% |
| Meets ESG criteria | No | No |
| Inception Date | October 2, 2023 | November 30, 2011 |
Frequently asked questions about ZIU and VCE
Which ETF has performed better year to date: ZIU or VCE?
As of July 24, 2026, ZIU has returned 13.46% year to date, while VCE has returned 13.11%. ZIU is ahead on YTD performance.
Which ETF is larger by assets under management: ZIU or VCE?
As of July 24, 2026, ZIU manages $273.74 M in assets, while VCE manages $3.62 B. VCE is the larger fund by AUM.
How are ZIU and VCE managed?
ZIU is passively managed by BMO. It tracks the S&P/TSX 60 Total Return Index - CAD benchmark. VCE is passively managed by Vanguard. It tracks the FTSE Canada Domestic TR Index - CAD benchmark.
What sectors do ZIU and VCE emphasize?
ZIU is most exposed to Finance, Energy, and Non-Energy Materials. VCE is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: ZIU or VCE?
Year to date, ZIU has seen +$136.04 M in net flows, compared with +$302.50 M for VCE. VCE has attracted more net investor money so far.
How do the fees of ZIU and VCE compare?
ZIU has an expense ratio of 0.14%, while VCE has an expense ratio of 0.06%.
What are the top holdings of ZIU and VCE?
ZIU's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc.. VCE's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: ZIU or VCE?
ZIU holds 60 securities, while VCE holds 84. On holdings count, VCE is the more diversified portfolio.
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