BNC
Purpose Canadian Financial Income Fund ETF

Full BNC fund page
VS
XEQT
iShares Core Equity ETF

Full XEQT fund page

When evaluating costs, BNC features a management fee (MER) of 0.55%, compared to 0.18% for XEQT. Performance-wise, BNC has returned 25.75% year-to-date with +$1 M in net flows, whereas XEQT is at 15.04% with +$9 B. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-6.0-4.0-2.00.0%Sep 21Sep 28Oct 5Oct 13

Key Data

Historical performance and flows

As of October 19, 2026
1M3MYTD1Y3Y
Perf.
BNC
-3.27%-1.60%+25.75%+37.39%+127.22%
XEQT
-1.33%+2.33%+15.04%+16.09%+87.98%
Flows
BNC
+$0 M+$0 M+$1 M+$1 M+$2 M
XEQT
+$862 M+$2,840 M+$9,112 M+$10,226 M+$16,881 M

BNC vs XEQT exposure

Countries

BNC
Exposure data will be available soon
XEQT
Exposure data will be available soon

Sectors

BNC
Exposure data will be available soon
XEQT
Exposure data will be available soon
As of October 19, 2026

Top 10 Holdings

BNC
Exposure data will be available soon
XEQT
Exposure data will be available soon

Diversification

BNC
Exposure data will be available soon
XEQT
Exposure data will be available soon

Characteristics

Compare
BNC
XEQT
ProviderPurpose InvestmentsiShares
ManagementActively managedActively managed
Benchmark--
Replication Method--
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield3.19%1.59%
Meets ESG criteriaNoNo
Inception DateOctober 26, 2016August 7, 2019

Frequently asked questions about BNC and XEQT

Which ETF has performed better year to date: BNC or XEQT?
As of October 19, 2026, BNC has returned 25.75% year to date, while XEQT has returned 15.04%. BNC is ahead on YTD performance.
Which ETF is larger by assets under management: BNC or XEQT?
As of October 19, 2026, BNC manages $5.28 M in assets, while XEQT manages $23.37 B. XEQT is the larger fund by AUM.
How are BNC and XEQT managed?
BNC is actively managed by Purpose Investments. It does not track an index. XEQT is actively managed by iShares. It does not track an index.
Which ETF is attracting more investor flows: BNC or XEQT?
Year to date, BNC has seen +$1.01 M in net flows, compared with +$9,112.37 M for XEQT. XEQT has attracted more net investor money so far.
How do the fees of BNC and XEQT compare?
BNC has an expense ratio of 0.76%, while XEQT has an expense ratio of 0.19%.

Recent articles about BNC and XEQT

CboeTrackinsight
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.
diamonds