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Compare CI RAFI Canadian Index ETF (PXC) vs iShares Canadian Fundamental Index ETF (CRQ) to find the best fit for your portfolio. PXC and CRQ provide the same top sector exposures: Finance, Energy, and Non-Energy Materials. When evaluating costs, PXC features a management fee (MER) of 0.45%, compared to 0.65% for CRQ. Performance-wise, PXC has returned 24.38% year-to-date with +$34 M in net flows, whereas CRQ is at 22.02% with +$16 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
PXC
CRQ
| AuM | $263.89 M | $156.02 M |
| Management Fees | 0.45% | 0.65% |
| Exp. ratio | 0.50% | 0.72% |
| Tracking Difference | 0.10% | -0.18% |
Historical performance and flows
As of November 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PXC | +3.12% | +1.60% | +24.38% | +32.64% | +114.85% |
CRQ | +1.82% | +0.39% | +22.02% | +30.60% | +109.24% | |
| Flows | PXC | -$3 M | -$0 M | +$34 M | +$39 M | -$45 M |
CRQ | +$2 M | +$6 M | +$16 M | +$18 M | +$2 M |
PXC vs CRQ exposure
Countries
PXC
Canada
98.93%
CRQ
Canada
98.25%
Sectors
PXC
Finance
37.44%
Energy
25.42%
Non-Energy Materials
12.27%
Other
24.88%
CRQ
Finance
37.21%
Energy
25.21%
Non-Energy Materials
12.18%
Other
25.40%
As of November 2, 2026
Top 10 Holdings
PXC
Royal Bank of Canada
6.27%
The Toronto-Dominion Bank
6.08%
Suncor Energy, Inc.
5.20%
Canadian Natural Resources Ltd.
4.90%
The Bank of Nova Scotia
4.75%
Enbridge, Inc.
4.36%
Bank of Montreal
3.48%
Nutrien Ltd.
3.35%
Cenovus Energy, Inc.
3.21%
Canadian Imperial Bank of Commerce
2.80%
CRQ
Royal Bank of Canada
6.24%
The Toronto-Dominion Bank
6.05%
Suncor Energy, Inc.
5.18%
Canadian Natural Resources Ltd.
4.83%
The Bank of Nova Scotia
4.72%
Enbridge, Inc.
4.34%
Bank of Montreal
3.47%
Nutrien Ltd.
3.30%
Cenovus Energy, Inc.
3.19%
Canadian Imperial Bank of Commerce
2.77%
Diversification
PXC
Total weight of top 10 holdings out of 98 total
44.40%
CRQ
Total weight of top 10 holdings out of 98 total
44.09%
Characteristics
Compare
PXC
CRQ
| Provider | CI | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | RAFI Fundamental Select Canada 100 Index - CAD | RAFI Fundamental Select Canada 100 Index TR - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.14% | 1.74% |
| Meets ESG criteria | No | No |
| Inception Date | January 26, 2012 | February 22, 2006 |
Frequently asked questions about PXC and CRQ
Which ETF has performed better year to date: PXC or CRQ?
As of November 2, 2026, PXC has returned 24.38% year to date, while CRQ has returned 22.02%. PXC is ahead on YTD performance.
Which ETF is larger by assets under management: PXC or CRQ?
As of November 2, 2026, PXC manages $263.89 M in assets, while CRQ manages $156.02 M. PXC is the larger fund by AUM.
How are PXC and CRQ managed?
PXC is passively managed by CI. It tracks the RAFI Fundamental Select Canada 100 Index - CAD benchmark. CRQ is passively managed by iShares. It tracks the RAFI Fundamental Select Canada 100 Index TR - CAD benchmark.
What sectors do PXC and CRQ emphasize?
PXC is most exposed to Finance, Energy, and Non-Energy Materials. CRQ is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: PXC or CRQ?
Year to date, PXC has seen +$33.93 M in net flows, compared with +$15.98 M for CRQ. PXC has attracted more net investor money so far.
How do the fees of PXC and CRQ compare?
PXC has an expense ratio of 0.50%, while CRQ has an expense ratio of 0.72%.
What are the top holdings of PXC and CRQ?
PXC's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Suncor Energy, Inc.. CRQ's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Suncor Energy, Inc..
Which ETF is more diversified: PXC or CRQ?
PXC holds 98 securities, while CRQ holds 98. On holdings count, PXC is the more diversified portfolio.
Recent articles about PXC and CRQ
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