VS
When evaluating costs, QCE features a management fee (MER) of 0.04%, compared to 0.15% for XIU. Performance-wise, QCE has returned 15.65% year-to-date with +$54 M in net flows, whereas XIU is at 18.4% with -$218 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
QCE
XIU
| AuM | $305.00 M | $23,532.92 M |
| Management Fees | 0.04% | 0.15% |
| Exp. ratio | 0.04% | 0.17% |
| Tracking Difference | -0.11% | 0.51% |
Historical performance and flows
As of November 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QCE | +1.11% | +0.46% | +15.65% | +21.06% | +93.52% |
XIU | +3.66% | +3.06% | +18.40% | +25.78% | +97.46% | |
| Flows | QCE | +$9 M | +$13 M | +$54 M | +$65 M | +$100 M |
XIU | -$669 M | -$1,675 M | -$218 M | +$1,456 M | +$2,168 M |
QCE vs XIU exposure
Countries
QCE
Exposure data will be available soon
XIU
Canada
97.75%
Sectors
QCE
Exposure data will be available soon
XIU
Finance
47.23%
Energy
16.92%
Non-Energy Materials
13.38%
Other
22.47%
As of November 3, 2026
Top 10 Holdings
QCE
Exposure data will be available soon
XIU
Royal Bank of Canada
9.64%
The Toronto-Dominion Bank
6.84%
Shopify, Inc.
6.33%
Bank of Montreal
4.14%
The Bank of Nova Scotia
3.92%
Enbridge, Inc.
3.65%
Canadian Imperial Bank of Commerce
3.55%
Canadian Natural Resources Ltd.
3.43%
Agnico Eagle Mines Ltd.
3.28%
Suncor Energy, Inc.
2.80%
Diversification
QCE
Exposure data will be available soon
XIU
Total weight of top 10 holdings out of 60 total
47.59%
Characteristics
Compare
QCE
XIU
| Provider | Mackenzie Investments | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Canada Large Cap Index NTR - CAD | S&P / TSX 60 Net Total Return Index - CAD |
| Replication Method | Indirect | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.03% | 2.07% |
| Meets ESG criteria | No | No |
| Inception Date | January 24, 2018 | September 28, 1999 |
Frequently asked questions about QCE and XIU
Which ETF has performed better year to date: QCE or XIU?
As of November 3, 2026, QCE has returned 15.65% year to date, while XIU has returned 18.40%. XIU is ahead on YTD performance.
Which ETF is larger by assets under management: QCE or XIU?
As of November 3, 2026, QCE manages $305.00 M in assets, while XIU manages $23.53 B. XIU is the larger fund by AUM.
How are QCE and XIU managed?
QCE is passively managed by Mackenzie Investments. It tracks the Solactive Canada Large Cap Index NTR - CAD benchmark. XIU is passively managed by iShares. It tracks the S&P / TSX 60 Net Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: QCE or XIU?
Year to date, QCE has seen +$53.55 M in net flows, compared with -$217.94 M for XIU. QCE has attracted more net investor money so far.
How do the fees of QCE and XIU compare?
QCE has an expense ratio of 0.04%, while XIU has an expense ratio of 0.17%.
Recent articles about QCE and XIU
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.





