VS
Compare BMO Low Volatility US Equity ETF (ZLU) vs Vanguard S&P 500 Index ETF (VFV) to find the best fit for your portfolio. ZLU provides Utilities, Healthcare, and Finance exposures, while VFV is primarily weighted in Technology, Finance, and Consumer Non-Cyclicals. When evaluating costs, ZLU features a management fee (MER) of 0.3%, compared to 0.08% for VFV. Performance-wise, ZLU has returned 14.61% year-to-date with +$76 M in net flows, whereas VFV is at 11.81% with +$3 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
ZLU
VFV
| AuM | $2,539.37 M | $34,024.50 M |
| Management Fees | 0.30% | 0.08% |
| Exp. ratio | 0.33% | 0.09% |
| Tracking Difference | - | 0.18% |
Historical performance and flows
As of July 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZLU | +1.79% | +8.54% | +14.61% | +18.88% | +46.09% |
VFV | -0.17% | +7.00% | +11.81% | +21.49% | +80.86% | |
| Flows | ZLU | +$39 M | +$111 M | +$76 M | +$47 M | +$382 M |
VFV | +$631 M | +$1,804 M | +$3,142 M | +$4,675 M | +$14,498 M |
ZLU vs VFV exposure
Countries
ZLU
USA
97.02%
VFV
USA
96.91%
Sectors
ZLU
Utilities
20.14%
Healthcare
17.41%
Finance
14.46%
Consumer Non-Cyclicals
12.62%
Technology
12.47%
Industrials
7.42%
Other
15.49%
VFV
Technology
45.60%
Finance
12.94%
Consumer Non-Cyclicals
8.73%
Healthcare
8.64%
Industrials
7.92%
Other
16.18%
As of July 24, 2026
Top 10 Holdings
ZLU
Corning, Inc.
4.18%
Johnson & Johnson
2.98%
Teledyne Technologies, Inc.
2.67%
Cencora, Inc.
2.53%
Cisco Systems, Inc.
2.46%
International Business Machines Corp.
2.29%
Consolidated Edison, Inc.
2.08%
Motorola Solutions, Inc.
1.89%
Northrop Grumman Corp.
1.87%
Akamai Technologies, Inc.
1.84%
VFV
NVIDIA Corp.
7.48%
Apple, Inc.
6.56%
Microsoft Corp.
4.28%
Amazon.com, Inc.
3.60%
Alphabet, Inc.
3.23%
Broadcom Inc.
2.76%
Alphabet, Inc.
2.58%
Micron Technology, Inc.
2.01%
Meta Platforms, Inc.
1.91%
Tesla, Inc.
1.83%
Diversification
ZLU
Total weight of top 10 holdings out of 102 total
24.79%
VFV
Total weight of top 10 holdings out of 503 total
36.23%
Characteristics
Compare
ZLU
VFV
| Provider | BMO | Vanguard |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P 500 ( CAD NY Rate ) Net Total Return 30% Index - CAD |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.66% | 0.85% |
| Meets ESG criteria | No | No |
| Inception Date | March 27, 2013 | November 2, 2012 |
Frequently asked questions about ZLU and VFV
Which ETF has performed better year to date: ZLU or VFV?
As of July 24, 2026, ZLU has returned 14.61% year to date, while VFV has returned 11.81%. ZLU is ahead on YTD performance.
Which ETF is larger by assets under management: ZLU or VFV?
As of July 24, 2026, ZLU manages $2.54 B in assets, while VFV manages $34.02 B. VFV is the larger fund by AUM.
How are ZLU and VFV managed?
ZLU is actively managed by BMO. It does not track an index. VFV is passively managed by Vanguard. It tracks the S&P 500 ( CAD NY Rate ) Net Total Return 30% Index - CAD benchmark.
What sectors do ZLU and VFV emphasize?
ZLU is most exposed to Utilities, Healthcare, and Finance. VFV is most exposed to Technology, Finance, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: ZLU or VFV?
Year to date, ZLU has seen +$76.06 M in net flows, compared with +$3,142.20 M for VFV. VFV has attracted more net investor money so far.
How do the fees of ZLU and VFV compare?
ZLU has an expense ratio of 0.33%, while VFV has an expense ratio of 0.09%.
What are the top holdings of ZLU and VFV?
ZLU's largest holdings include Corning, Inc., Johnson & Johnson, and Teledyne Technologies, Inc.. VFV's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: ZLU or VFV?
ZLU holds 102 securities, while VFV holds 496. On holdings count, VFV is the more diversified portfolio.
Recent articles about ZLU and VFV
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.