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CI S&P Europe 350 Equal Weight Index ETF (EQE) and iShares MSCI Europe IMI Index ETF (XEU) offer distinct profiles for Canadian ETF investors. A direct comparison shows that EQE focuses its top 3 sector exposures on Finance, Industrials, and Non-Energy Materials, while XEU leans towards Finance, Industrials, and Healthcare. When evaluating costs, EQE features a management fee (MER) of 0.3%, compared to 0.25% for XEU. Performance-wise, EQE has returned 14.94% year-to-date with -$13 M in net flows, whereas XEU is at 13.87% with +$32 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
EQE
XEU
| AuM | $71.05 M | $710.88 M |
| Management Fees | 0.30% | 0.25% |
| Exp. ratio | 0.34% | 0.28% |
| Tracking Difference | -0.64% | 0.08% |
Historical performance and flows
As of August 25, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | EQE | +3.68% | +6.85% | +14.94% | +19.95% | +72.05% |
XEU | +2.74% | +4.65% | +13.87% | +19.96% | +70.92% | |
| Flows | EQE | +$0 M | +$0 M | -$13 M | +$8 M | +$47 M |
XEU | +$12 M | +$16 M | +$32 M | +$36 M | +$204 M |
EQE vs XEU exposure
Countries
EQE
United Kingdom
22.61%
Germany
11.71%
France
11.65%
Switzerland
11.08%
Sweden
8.64%
Netherlands
7.92%
Other
26.39%
XEU
United Kingdom
22.06%
Switzerland
14.81%
France
13.09%
Germany
12.98%
Netherlands
9.32%
Other
27.73%
Sectors
EQE
Finance
24.76%
Industrials
16.20%
Non-Energy Materials
10.27%
Consumer Non-Cyclicals
9.17%
Healthcare
8.34%
Consumer Cyclicals
7.18%
Other
24.09%
XEU
Finance
25.96%
Industrials
16.99%
Healthcare
11.92%
Technology
9.81%
Consumer Non-Cyclicals
8.57%
Other
26.74%
As of August 25, 2026
Top 10 Holdings
EQE
Edenred SE
0.38%
Adecco Group AG
0.38%
Bayer AG
0.37%
Randstad NV
0.36%
SEGRO PLC
0.36%
3i Group Plc
0.36%
Pandora AS
0.36%
DSM-Firmenich AG
0.35%
Banco Bilbao Vizcaya Argentaria SA
0.34%
Mondi Plc
0.34%
XEU
ASML Holding NV
4.03%
HSBC Holdings Plc
2.29%
Roche Holding AG
1.93%
Novartis AG
1.80%
Nestlé SA
1.65%
AstraZeneca PLC
1.62%
Shell Plc
1.57%
Siemens AG
1.51%
Banco Santander SA
1.27%
Allianz SE
1.18%
Diversification
EQE
Total weight of top 10 holdings out of 359 total
3.61%
XEU
Total weight of top 10 holdings out of 1,192 total
18.84%
Characteristics
Compare
EQE
XEU
| Provider | CI | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | S&P Europe 350 Equal Weight GTR Index - CAD | MSCI Europe IMI Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.13% | 2.60% |
| Meets ESG criteria | No | No |
| Inception Date | September 18, 2018 | April 15, 2014 |
Frequently asked questions about EQE and XEU
Which ETF has performed better year to date: EQE or XEU?
As of August 25, 2026, EQE has returned 14.94% year to date, while XEU has returned 13.87%. EQE is ahead on YTD performance.
Which ETF is larger by assets under management: EQE or XEU?
As of August 25, 2026, EQE manages $71.05 M in assets, while XEU manages $710.88 M. XEU is the larger fund by AUM.
How are EQE and XEU managed?
EQE is passively managed by CI. It tracks the S&P Europe 350 Equal Weight GTR Index - CAD benchmark. XEU is passively managed by iShares. It tracks the MSCI Europe IMI Net Total Return Index - CAD benchmark.
What sectors do EQE and XEU emphasize?
EQE is most exposed to Finance, Industrials, and Non-Energy Materials. XEU is most exposed to Finance, Industrials, and Healthcare.
Which ETF is attracting more investor flows: EQE or XEU?
Year to date, EQE has seen -$13.28 M in net flows, compared with +$31.91 M for XEU. XEU has attracted more net investor money so far.
How do the fees of EQE and XEU compare?
EQE has an expense ratio of 0.34%, while XEU has an expense ratio of 0.28%.
What are the top holdings of EQE and XEU?
EQE's largest holdings include Edenred SE and Adecco Group AG. XEU's top holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG.
Which ETF is more diversified: EQE or XEU?
EQE holds 349 securities, while XEU holds 1175. On holdings count, XEU is the more diversified portfolio.
Recent articles about EQE and XEU
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