VS
CIBC MSCI USA Equity Index ETF (CUEI) and iShares Core S&P/TSX Capped Composite Index ETF (XIC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CUEI focuses its top 3 sector exposures on Technology, Finance, and Healthcare, while XIC leans towards Finance, Energy, and Non-Energy Materials. When evaluating costs, CUEI features a management fee (MER) of 0.05%, compared to 0.05% for XIC. Performance-wise, CUEI has returned 11.5% year-to-date with +$275 M in net flows, whereas XIC is at 12.27% with +$7 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
CUEI
XIC
| AuM | $1,494.19 M | $31,404.63 M |
| Management Fees | 0.05% | 0.05% |
| Exp. ratio | 0.06% | 0.06% |
| Tracking Difference | - | -0.10% |
Historical performance and flows
As of July 23, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CUEI | -0.23% | +7.44% | +11.50% | +21.13% | +79.23% |
XIC | +0.92% | +4.28% | +12.27% | +31.30% | +85.65% | |
| Flows | CUEI | +$13 M | +$38 M | +$275 M | +$378 M | +$742 M |
XIC | +$819 M | +$1,852 M | +$6,687 M | +$7,935 M | +$12,795 M |
CUEI vs XIC exposure
Countries
CUEI
USA
96.13%
XIC
Canada
96.25%
Sectors
CUEI
Technology
45.12%
Finance
13.02%
Healthcare
8.84%
Consumer Non-Cyclicals
8.82%
Industrials
8.16%
Other
16.04%
XIC
Finance
42.08%
Energy
16.27%
Non-Energy Materials
15.91%
Industrials
8.25%
Other
17.49%
As of July 23, 2026
Top 10 Holdings
CUEI
NVIDIA Corp.
7.15%
Apple, Inc.
6.58%
Microsoft Corp.
4.08%
Amazon.com, Inc.
3.57%
Alphabet, Inc.
3.22%
Broadcom Inc.
2.63%
Alphabet, Inc.
2.53%
Micron Technology, Inc.
2.02%
Meta Platforms, Inc.
1.92%
Tesla, Inc.
1.83%
XIC
Royal Bank of Canada
8.22%
The Toronto-Dominion Bank
5.77%
Shopify, Inc.
3.97%
Bank of Montreal
3.52%
Enbridge, Inc.
3.36%
The Bank of Nova Scotia
3.04%
Canadian Imperial Bank of Commerce
3.01%
Brookfield Corp.
2.59%
Canadian Natural Resources Ltd.
2.35%
Agnico Eagle Mines Ltd.
2.25%
Diversification
CUEI
Total weight of top 10 holdings out of 529 total
35.53%
XIC
Total weight of top 10 holdings out of 221 total
38.08%
Characteristics
Compare
CUEI
XIC
| Provider | CIBC | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI USA NTR Index - CAD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.74% | 2.00% |
| Meets ESG criteria | No | No |
| Inception Date | March 31, 2021 | February 16, 2001 |
Frequently asked questions about CUEI and XIC
Which ETF has performed better year to date: CUEI or XIC?
As of July 23, 2026, CUEI has returned 11.50% year to date, while XIC has returned 12.27%. XIC is ahead on YTD performance.
Which ETF is larger by assets under management: CUEI or XIC?
As of July 23, 2026, CUEI manages $1.49 B in assets, while XIC manages $31.40 B. XIC is the larger fund by AUM.
How are CUEI and XIC managed?
CUEI is passively managed by CIBC. It tracks the MSCI USA NTR Index - CAD benchmark. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do CUEI and XIC emphasize?
CUEI is most exposed to Technology, Finance, and Healthcare. XIC is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: CUEI or XIC?
Year to date, CUEI has seen +$275.43 M in net flows, compared with +$6,687.39 M for XIC. XIC has attracted more net investor money so far.
How do the fees of CUEI and XIC compare?
CUEI has an expense ratio of 0.06%, while XIC has an expense ratio of 0.06%.
What are the top holdings of CUEI and XIC?
CUEI's largest holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc.. XIC's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: CUEI or XIC?
CUEI holds 519 securities, while XIC holds 219. On holdings count, CUEI is the more diversified portfolio.
Recent articles about CUEI and XIC
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Posted on 1/11/2023 by Tony Dong inETFs
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