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Compare iShares Canadian Fundamental Index ETF (CRQ) vs CI RAFI Canadian Index ETF (PXC) to find the best fit for your portfolio. CRQ and PXC provide the same top sector exposures: Finance, Energy, and Non-Energy Materials. When evaluating costs, CRQ features a management fee (MER) of 0.65%, compared to 0.45% for PXC. Performance-wise, CRQ has returned 21.54% year-to-date with +$14 M in net flows, whereas PXC is at 21.91% with +$37 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
CRQ
PXC
| AuM | $154.20 M | $263.37 M |
| Management Fees | 0.65% | 0.45% |
| Exp. ratio | 0.72% | 0.51% |
| Tracking Difference | -0.02% | 0.11% |
Historical performance and flows
As of September 14, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CRQ | -1.29% | +2.89% | +21.54% | +34.02% | +101.36% |
PXC | -1.28% | +2.63% | +21.91% | +33.61% | +102.15% | |
| Flows | CRQ | +$4 M | +$4 M | +$14 M | +$14 M | +$0 M |
PXC | +$3 M | +$3 M | +$37 M | +$37 M | -$45 M |
CRQ vs PXC exposure
Countries
CRQ
Canada
98.14%
PXC
Canada
98.14%
Sectors
CRQ
Finance
48.70%
Energy
23.07%
Non-Energy Materials
8.63%
Other
19.61%
PXC
Finance
48.70%
Energy
23.07%
Non-Energy Materials
8.63%
Other
19.61%
As of September 14, 2026
Top 10 Holdings
CRQ
Royal Bank of Canada
8.88%
The Toronto-Dominion Bank
8.09%
The Bank of Nova Scotia
5.76%
Enbridge, Inc.
5.48%
Bank of Montreal
4.93%
Suncor Energy, Inc.
3.90%
Canadian Natural Resources Ltd.
3.86%
Canadian Imperial Bank of Commerce
3.85%
Manulife Financial Corp.
3.46%
Brookfield Corp.
2.82%
PXC
Royal Bank of Canada
8.88%
The Toronto-Dominion Bank
8.09%
The Bank of Nova Scotia
5.76%
Enbridge, Inc.
5.48%
Bank of Montreal
4.93%
Suncor Energy, Inc.
3.90%
Canadian Natural Resources Ltd.
3.86%
Canadian Imperial Bank of Commerce
3.85%
Manulife Financial Corp.
3.46%
Brookfield Corp.
2.82%
Diversification
CRQ
Total weight of top 10 holdings out of 101 total
51.03%
PXC
Total weight of top 10 holdings out of 101 total
51.03%
Characteristics
Compare
CRQ
PXC
| Provider | iShares | CI |
| Management | Passively managed | Passively managed |
| Benchmark | RAFI Fundamental Select Canada 100 Index - CAD | RAFI Fundamental Select Canada 100 Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.78% | 2.15% |
| Meets ESG criteria | No | No |
| Inception Date | February 22, 2006 | January 26, 2012 |
Frequently asked questions about CRQ and PXC
Which ETF has performed better year to date: CRQ or PXC?
As of September 14, 2026, CRQ has returned 21.54% year to date, while PXC has returned 21.91%. PXC is ahead on YTD performance.
Which ETF is larger by assets under management: CRQ or PXC?
As of September 14, 2026, CRQ manages $154.20 M in assets, while PXC manages $263.37 M. PXC is the larger fund by AUM.
How are CRQ and PXC managed?
CRQ is passively managed by iShares. It tracks the RAFI Fundamental Select Canada 100 Index - CAD benchmark. PXC is passively managed by CI. It tracks the RAFI Fundamental Select Canada 100 Index - CAD benchmark.
What sectors do CRQ and PXC emphasize?
CRQ is most exposed to Finance, Energy, and Non-Energy Materials. PXC is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: CRQ or PXC?
Year to date, CRQ has seen +$14.02 M in net flows, compared with +$37.20 M for PXC. PXC has attracted more net investor money so far.
How do the fees of CRQ and PXC compare?
CRQ has an expense ratio of 0.72%, while PXC has an expense ratio of 0.51%.
What are the top holdings of CRQ and PXC?
CRQ's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and The Bank of Nova Scotia. PXC's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and The Bank of Nova Scotia.
Which ETF is more diversified: CRQ or PXC?
CRQ holds 100 securities, while PXC holds 100. On holdings count, CRQ is the more diversified portfolio.
Recent articles about CRQ and PXC
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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.


