VS
When evaluating costs, PFL features a management fee (MER) of 0.2%, compared to 0.05% for XIC. Performance-wise, PFL has returned 1.5% year-to-date with +$1 M 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
PFL
XIC
| AuM | $263.95 M | $34,600.11 M |
| Management Fees | 0.20% | 0.05% |
| Exp. ratio | 0.13% | 0.06% |
| Tracking Difference | - | -0.09% |
Historical performance and flows
As of September 4, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PFL | +0.01% | +0.46% | +1.50% | +2.40% | +9.54% |
XIC | +2.14% | +4.22% | +16.76% | +29.09% | +93.94% | |
| Flows | PFL | +$1 M | +$7 M | +$1 M | -$81 M | -$433 M |
XIC | +$1,611 M | +$3,093 M | +$8,627 M | +$9,722 M | +$14,703 M |
PFL vs XIC exposure
Countries
PFL
Exposure data will be available soon
XIC
Canada
96.46%
Sectors
PFL
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
PFL
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
PFL
Exposure data will be available soon
XIC
Total weight of top 10 holdings out of 219 total
37.87%
Characteristics
Compare
PFL
XIC
| Provider | CI | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE TMX Canada 1-3 Year Laddered Floating Rate Note TR Index - CAD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.35% | 1.93% |
| Meets ESG criteria | No | No |
| Inception Date | July 21, 2014 | February 16, 2001 |
Frequently asked questions about PFL and XIC
Which ETF has performed better year to date: PFL or XIC?
As of September 4, 2026, PFL has returned 1.50% year to date, while XIC has returned 16.76%. XIC is ahead on YTD performance.
Which ETF is larger by assets under management: PFL or XIC?
As of September 4, 2026, PFL manages $263.95 M in assets, while XIC manages $34.60 B. XIC is the larger fund by AUM.
How are PFL and XIC managed?
PFL is passively managed by CI. It tracks the FTSE TMX Canada 1-3 Year Laddered Floating Rate Note TR Index - CAD benchmark. 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: PFL or XIC?
Year to date, PFL has seen +$0.94 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 PFL and XIC compare?
PFL has an expense ratio of 0.13%, while XIC has an expense ratio of 0.06%.
Recent articles about PFL and XIC
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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.