VS
When evaluating costs, MGFI features a management fee (MER) of 0.6%, compared to 0.05% for XIC. 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
MGFI
XIC
| AuM | $6.98 M | $35,331.79 M |
| Management Fees | 0.60% | 0.05% |
| Exp. ratio | 0.60% | 0.06% |
| Tracking Difference | - | -0.08% |
Historical performance and flows
As of October 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MGFI | - | - | - | - | - |
XIC | -2.78% | -0.15% | +12.32% | +17.98% | +94.39% | |
| Flows | MGFI | - | - | - | - | - |
XIC | +$2,260 M | +$4,751 M | +$10,887 M | +$12,156 M | +$17,026 M |
MGFI vs XIC exposure
Countries
MGFI
Exposure data will be available soon
XIC
Canada
96.58%
Sectors
MGFI
Exposure data will be available soon
XIC
Finance
40.52%
Non-Energy Materials
18.87%
Energy
16.69%
Industrials
7.86%
Other
16.05%
As of October 5, 2026
Top 10 Holdings
MGFI
Exposure data will be available soon
XIC
Royal Bank of Canada
7.63%
The Toronto-Dominion Bank
5.40%
Shopify, Inc.
4.80%
Bank of Montreal
3.19%
The Bank of Nova Scotia
3.00%
Enbridge, Inc.
2.95%
Canadian Natural Resources Ltd.
2.79%
Canadian Imperial Bank of Commerce
2.79%
Agnico Eagle Mines Ltd.
2.75%
Brookfield Corp.
2.35%
Diversification
MGFI
Exposure data will be available soon
XIC
Total weight of top 10 holdings out of 217 total
37.65%
Characteristics
Compare
MGFI
XIC
| Provider | Middlefield | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.02% |
| Meets ESG criteria | - | No |
| Inception Date | October 1, 2026 | February 16, 2001 |
Frequently asked questions about MGFI and XIC
Which ETF is larger by assets under management: MGFI or XIC?
As of October 5, 2026, MGFI manages $6.98 M in assets, while XIC manages $35.33 B. XIC is the larger fund by AUM.
How are MGFI and XIC managed?
MGFI is actively managed by Middlefield. 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.
How do the fees of MGFI and XIC compare?
MGFI has an expense ratio of 0.60%, while XIC has an expense ratio of 0.06%.
Recent articles about MGFI and XIC
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