VS
When evaluating costs, LYCT features a management fee (MER) of 0.25%, compared to 0.1% for VSC. Performance-wise, LYCT has returned 0.75% year-to-date with +$2 M in net flows, whereas VSC is at 1.11% with +$360 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
LYCT
VSC
| AuM | $25.05 M | $1,633.70 M |
| Management Fees | 0.25% | 0.10% |
| Exp. ratio | 0.32% | 0.11% |
| Tracking Difference | - | -0.16% |
Historical performance and flows
As of October 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | LYCT | -0.06% | -0.25% | +0.75% | +0.73% | +9.93% |
VSC | -0.11% | -0.38% | +1.11% | +1.78% | +20.76% | |
| Flows | LYCT | +$1 M | +$1 M | +$2 M | +$21 M | +$21 M |
VSC | +$19 M | +$127 M | +$360 M | +$528 M | +$643 M |
LYCT vs VSC exposure
Countries
LYCT
Exposure data will be available soon
VSC
Canada
87.94%
USA
8.40%
Sectors
LYCT
Exposure data will be available soon
VSC
Finance
65.08%
Energy
7.78%
Other
27.14%
As of October 2, 2026
Top 10 Holdings
LYCT
Exposure data will be available soon
VSC
Royal Bank of Canada, 3.572% 9dec2031, CAD
1.10%
Bank of Nova Scotia, 3.734% 27jun2031, CAD
0.89%
Toronto-Dominion Bank, 3.687% 9jan2032, CAD
0.88%
Bank of Nova Scotia, 3.61% 30jan2032, CAD
0.88%
Royal Bank of Canada, 4.632% 1may2028, CAD
0.87%
CIBC, 3.65% 13jan2032, CAD
0.87%
Bank of Montreal, 4.709% 7dec2027, CAD
0.82%
Toronto-Dominion Bank, 3.842% 29may2031, CAD
0.80%
Toronto-Dominion Bank, 4.477% 18jan2028, CAD
0.78%
Royal Bank of Canada, 3.985% 22jul2031, CAD
0.77%
Diversification
LYCT
Exposure data will be available soon
VSC
Total weight of top 10 holdings out of 457 total
8.65%
Characteristics
Compare
LYCT
VSC
| Provider | Lysander Funds | Vanguard |
| Management | Actively managed | Passively managed |
| Benchmark | - | Bloomberg Global Aggregate Canadian Credit 1-5Y Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.85% | 4.03% |
| Meets ESG criteria | No | No |
| Inception Date | September 1, 2022 | November 2, 2012 |
Frequently asked questions about LYCT and VSC
Which ETF has performed better year to date: LYCT or VSC?
As of October 2, 2026, LYCT has returned 0.75% year to date, while VSC has returned 1.11%. VSC is ahead on YTD performance.
Which ETF is larger by assets under management: LYCT or VSC?
As of October 2, 2026, LYCT manages $25.05 M in assets, while VSC manages $1.63 B. VSC is the larger fund by AUM.
How are LYCT and VSC managed?
LYCT is actively managed by Lysander Funds. It does not track an index. VSC is passively managed by Vanguard. It tracks the Bloomberg Global Aggregate Canadian Credit 1-5Y Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: LYCT or VSC?
Year to date, LYCT has seen +$2.36 M in net flows, compared with +$360.04 M for VSC. VSC has attracted more net investor money so far.
How do the fees of LYCT and VSC compare?
LYCT has an expense ratio of 0.32%, while VSC has an expense ratio of 0.11%.
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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.

