VS
When evaluating costs, FBAL features a management fee (MER) of 0.37%, compared to 0.05% for XIC. Performance-wise, FBAL has returned 9.33% year-to-date with +$3 B in net flows, whereas XIC is at 16.76% 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
Key Data
Compare
FBAL
XIC
| AuM | $10,224.32 M | $34,600.11 M |
| Management Fees | 0.37% | 0.05% |
| Exp. ratio | 0.41% | 0.06% |
| Tracking Difference | - | -0.09% |
Historical performance and flows
As of September 4, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FBAL | -0.36% | +2.04% | +9.33% | +12.07% | +53.60% |
XIC | +2.14% | +4.22% | +16.76% | +29.09% | +93.94% | |
| Flows | FBAL | +$323 M | +$985 M | +$3,297 M | +$4,938 M | +$8,641 M |
XIC | +$1,611 M | +$3,093 M | +$8,627 M | +$9,722 M | +$14,703 M |
FBAL vs XIC exposure
Countries
FBAL
Exposure data will be available soon
XIC
Canada
96.46%
Sectors
FBAL
Exposure data will be available soon
XIC
Finance
41.74%
Energy
17.17%
Non-Energy Materials
15.75%
Industrials
8.14%
Other
17.19%
As of September 4, 2026
Top 10 Holdings
FBAL
Exposure data will be available soon
XIC
Royal Bank of Canada
8.10%
The Toronto-Dominion Bank
5.52%
Shopify, Inc.
4.12%
Bank of Montreal
3.45%
Enbridge, Inc.
3.34%
Canadian Imperial Bank of Commerce
3.00%
The Bank of Nova Scotia
2.98%
Canadian Natural Resources Ltd.
2.72%
Brookfield Corp.
2.48%
Suncor Energy, Inc.
2.17%
Diversification
FBAL
Exposure data will be available soon
XIC
Total weight of top 10 holdings out of 219 total
37.87%
Characteristics
Compare
FBAL
XIC
| Provider | Fidelity | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity, Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 1.93% |
| Meets ESG criteria | No | No |
| Inception Date | January 12, 2021 | February 16, 2001 |
Frequently asked questions about FBAL and XIC
Which ETF has performed better year to date: FBAL or XIC?
As of September 4, 2026, FBAL has returned 9.33% year to date, while XIC has returned 16.76%. XIC is ahead on YTD performance.
Which ETF is larger by assets under management: FBAL or XIC?
As of September 4, 2026, FBAL manages $10.22 B in assets, while XIC manages $34.60 B. XIC is the larger fund by AUM.
How are FBAL and XIC managed?
FBAL is actively managed by Fidelity. It does not track an index. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: FBAL or XIC?
Year to date, FBAL has seen +$3,296.93 M in net flows, compared with +$8,626.58 M for XIC. XIC has attracted more net investor money so far.
How do the fees of FBAL and XIC compare?
FBAL has an expense ratio of 0.41%, while XIC has an expense ratio of 0.06%.
Recent articles about FBAL and XIC
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