A side-by-side comparison of BMO US Dividend ETF (CAD) (ZDY) and Vanguard U.S. Dividend Appreciation Index ETF (VGG) to help Canadian investors make an informed decision.
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1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | ZDY | VGG |
|---|---|---|
| YTD Return | +16.81%✓ | +7.74% |
| 1-Day Change | +1.31%✓ | +0.78% |
| 1-Week Change | +2.19%✓ | +1.20% |
| 1-Month Change | +8.57%✓ | +5.09% |
| Current Price | $58.78 | $111.11 |
| AUM | $866M | $2.46B✓ |
| MER (Expense Ratio) | 0.3% | 0%✓ |
| Dividend Yield | 1.57%✓ | 1.07% |
| Distribution Frequency | Monthly | Quarterly |
| Inception Date | 2013-03-19 | 2013-08-02 |
| Holdings Count | 10 | 1 |
| MorningStar Rating | ★★★★ | ★★★★ |
| Category | U.S. Dividend & Income Equity | U.S. Dividend & Income Equity |
| Beta | 0.68 | 0.76 |
| 52-Week High | $58.82 | $112.25 |
| 52-Week Low | $45.87 | $91.16 |
| 50-Day MA | $54.25 | $105.32 |
| 200-Day MA | $52.71 | $103.81 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | ZDY | VGG |
|---|---|---|
| YTD | +16.81%✓ | +7.74% |
| 1 Year | +33.07%✓ | +20.24% |
| 3 Year | +20.40%✓ | +17.35% |
| 5 Year | +14.83%✓ | +13.07% |
| 10 Year | +11.62% | +13.23%✓ |
| 1Y Volatility | 8.48% | 8.33% |
| Sharpe Ratio (3Y) | 1.51 | 1.31 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | AVGO | Broadcom Inc | 3.34% |
| 2 | CSCO | Cisco Systems Inc | 3.12% |
| 3 | AAPL | Apple Inc | 3.03% |
| 4 | ABBV | AbbVie Inc | 3.03% |
| 5 | PM | Philip Morris International Inc | 2.86% |
| 6 | CVX | Chevron Corp | 2.68% |
| 7 | MCHP | Microchip Technology Inc | 2.52% |
| 8 | QCOM | Qualcomm Incorporated | 2.48% |
| 9 | XOM | Exxon Mobil Corp | 2.26% |
| 10 | JPM | JPMorgan Chase & Co | 2.17% |
| 1 | VIG | Vanguard Dividend Appreciation Index Fund ETF Shares | 100.00% |
Sector Weights
| Sector | ZDY | VGG |
|---|---|---|
| Basic Materials | 1.62% | 3.45% |
| Communication Services | 6.84% | 0.00% |
| Consumer Cyclicals | 5.28% | 4.70% |
| Consumer Defensive | 9.55% | 10.14% |
| Energy | 9.61% | 3.47% |
| Financial Services | 9.40% | 20.57% |
| Healthcare | 11.83% | 16.51% |
| Industrials | 4.35% | 11.76% |
| Real Estate | 5.62% | 0.00% |
| Technology | 29.50% | 26.19% |
| Utilities | 6.42% | 3.21% |
About ZDY
BMO US Dividend ETF (CAD) (ZDY.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
About VGG
Vanguard U.S. Dividend Appreciation Index ETF (VGG.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
Which ETF is Right for You?
Both ZDY and VGG are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, ZDY scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between ZDY and VGG?
ZDY (BMO US Dividend ETF (CAD)) and VGG (Vanguard U.S. Dividend Appreciation Index ETF) are both Canadian-listed ETFs. Key differences include their AUM ($866M vs $2.46B), dividend yield (1.57% vs 1.07%), and year-to-date performance (+16.81% vs +7.74%).
Is ZDY better than VGG?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, ZDY has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy ZDY and VGG on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both ZDY and VGG should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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