VS
Compare CI RAFI Canadian Index ETF (PXC) vs CI S&P/TSX Canadian Dividend Aristocrats ESG Index ETF (ICAE) to find the best fit for your portfolio. PXC and ICAE 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 0.2% for ICAE. Performance-wise, PXC has returned 24.38% year-to-date with +$34 M in net flows, whereas ICAE is at 19.16% with +$1 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
ICAE
| AuM | $263.89 M | $11.06 M |
| Management Fees | 0.45% | 0.20% |
| Exp. ratio | 0.50% | 0.23% |
| Tracking Difference | 0.10% | -0.41% |
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% |
ICAE | +3.70% | +0.14% | +19.16% | +25.59% | +91.59% | |
| Flows | PXC | -$3 M | -$0 M | +$34 M | +$39 M | -$45 M |
ICAE | +$0 M | +$0 M | +$1 M | +$1 M | -$1 M |
PXC vs ICAE exposure
Countries
PXC
Canada
98.93%
ICAE
Canada
96.74%
Sectors
PXC
Finance
37.44%
Energy
25.42%
Non-Energy Materials
12.27%
Other
24.88%
ICAE
Finance
49.53%
Energy
15.39%
Non-Energy Materials
10.17%
Other
24.91%
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%
ICAE
Royal Bank of Canada
8.84%
Bank of Montreal
7.65%
The Bank of Nova Scotia
7.25%
Canadian Imperial Bank of Commerce
6.61%
Enbridge, Inc.
6.56%
Manulife Financial Corp.
4.61%
Canadian National Railway Co.
4.14%
Wheaton Precious Metals Corp.
4.05%
TC Energy Corp.
3.98%
National Bank of Canada
3.66%
Diversification
PXC
Total weight of top 10 holdings out of 98 total
44.40%
ICAE
Total weight of top 10 holdings out of 62 total
57.36%
Characteristics
Compare
PXC
ICAE
| Provider | CI | CI |
| Management | Passively managed | Passively managed |
| Benchmark | RAFI Fundamental Select Canada 100 Index - CAD | S&P/TSX Canadian Dividend Aristocrats ESG FMC Weighted Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.14% | 2.66% |
| Meets ESG criteria | No | Yes |
| Inception Date | January 26, 2012 | February 10, 2023 |
Frequently asked questions about PXC and ICAE
Which ETF has performed better year to date: PXC or ICAE?
As of November 2, 2026, PXC has returned 24.38% year to date, while ICAE has returned 19.16%. PXC is ahead on YTD performance.
Which ETF is larger by assets under management: PXC or ICAE?
As of November 2, 2026, PXC manages $263.89 M in assets, while ICAE manages $11.06 M. PXC is the larger fund by AUM.
How are PXC and ICAE managed?
PXC is passively managed by CI. It tracks the RAFI Fundamental Select Canada 100 Index - CAD benchmark. ICAE is passively managed by CI. It tracks the S&P/TSX Canadian Dividend Aristocrats ESG FMC Weighted Index - CAD benchmark.
What sectors do PXC and ICAE emphasize?
PXC is most exposed to Finance, Energy, and Non-Energy Materials. ICAE is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: PXC or ICAE?
Year to date, PXC has seen +$33.93 M in net flows, compared with +$1.46 M for ICAE. PXC has attracted more net investor money so far.
How do the fees of PXC and ICAE compare?
PXC has an expense ratio of 0.50%, while ICAE has an expense ratio of 0.23%.
What are the top holdings of PXC and ICAE?
PXC's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Suncor Energy, Inc.. ICAE's top holdings include Royal Bank of Canada, Bank of Montreal, and The Bank of Nova Scotia.
Which ETF is more diversified: PXC or ICAE?
PXC holds 98 securities, while ICAE holds 62. On holdings count, PXC is the more diversified portfolio.
Recent articles about PXC and ICAE
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