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Compare Global X Equal Weight Canadian Pipeline Index ETF - CAD (PPLN) vs iShares S&P/TSX Capped Energy Index ETF (XEG) to find the best fit for your portfolio. PPLN provides Energy exposures, while XEG is primarily weighted in Energy, Finance, and Non-Energy Materials. When evaluating costs, PPLN features a management fee (MER) of 0.74%, compared to 0.55% for XEG. Performance-wise, PPLN has returned 27.47% year-to-date with +$28 M in net flows, whereas XEG is at 64.41% with +$101 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
PPLN
XEG
| AuM | $167.21 M | $2,657.02 M |
| Management Fees | 0.74% | 0.55% |
| Exp. ratio | 0.35% | 0.61% |
| Tracking Difference | -0.26% | 4.11% |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PPLN | +8.10% | -4.66% | +27.47% | +33.99% | +67.08% |
XEG | +11.40% | +14.35% | +64.41% | +74.16% | +101.57% | |
| Flows | PPLN | +$26 M | +$32 M | +$28 M | +$97 M | +$110 M |
XEG | -$82 M | +$66 M | +$101 M | +$274 M | -$397 M |
PPLN vs XEG exposure
Countries
PPLN
Canada
99.32%
XEG
Canada
99.93%
Sectors
PPLN
Energy
99.32%
XEG
Energy
95.08%
As of October 29, 2026
Top 10 Holdings
PPLN
Pembina Pipeline Corp.
20.42%
South Bow Corp.
20.38%
Keyera Corp.
19.77%
TC Energy Corp.
19.44%
Enbridge, Inc.
19.31%
XEG
Suncor Energy, Inc.
26.38%
Canadian Natural Resources Ltd.
24.18%
Cenovus Energy, Inc.
14.78%
Imperial Oil Ltd.
6.68%
Tourmaline Oil Corp.
5.72%
Whitecap Resources, Inc.
5.44%
PrairieSky Royalty Ltd.
1.95%
Tamarack Valley Energy Ltd.
1.60%
Athabasca Oil Corp.
1.27%
Peyto Exploration & Development Corp.
1.19%
Diversification
PPLN
Total weight of top 10 holdings out of 5 total
99.32%
XEG
Total weight of top 10 holdings out of 26 total
89.19%
Characteristics
Compare
PPLN
XEG
| Provider | Global X | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Mirae Asset Equal Weight Canadian Pipeline Index - CAD | S&P/TSX Capped Energy Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.29% | 2.16% |
| Meets ESG criteria | No | No |
| Inception Date | July 14, 2014 | March 19, 2001 |
Frequently asked questions about PPLN and XEG
Which ETF has performed better year to date: PPLN or XEG?
As of October 29, 2026, PPLN has returned 27.47% year to date, while XEG has returned 64.41%. XEG is ahead on YTD performance.
Which ETF is larger by assets under management: PPLN or XEG?
As of October 29, 2026, PPLN manages $167.21 M in assets, while XEG manages $2.66 B. XEG is the larger fund by AUM.
How are PPLN and XEG managed?
PPLN is passively managed by Global X. It tracks the Mirae Asset Equal Weight Canadian Pipeline Index - CAD benchmark. XEG is passively managed by iShares. It tracks the S&P/TSX Capped Energy Index - CAD benchmark.
What sectors do PPLN and XEG emphasize?
PPLN is most exposed to Energy. XEG is most exposed to Energy, Finance, and Non-Energy Materials.
Which ETF is attracting more investor flows: PPLN or XEG?
Year to date, PPLN has seen +$28.29 M in net flows, compared with +$100.75 M for XEG. XEG has attracted more net investor money so far.
How do the fees of PPLN and XEG compare?
PPLN has an expense ratio of 0.35%, while XEG has an expense ratio of 0.61%.
What are the top holdings of PPLN and XEG?
PPLN's largest holdings include Pembina Pipeline Corp., South Bow Corp., and Keyera Corp.. XEG's top holdings include Suncor Energy, Inc., Canadian Natural Resources Ltd., and Cenovus Energy, Inc..
Which ETF is more diversified: PPLN or XEG?
PPLN holds 5 securities, while XEG holds 26. On holdings count, XEG is the more diversified portfolio.
Recent articles about PPLN and XEG
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Canada is putting its natural resources and economic ambitions to work. From critical minerals to new oil export routes, five ETFs offer investors different ways to tap into the shift.
Posted on 10/16/2026 by Kyle Anthony inDividends
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