VS
RBC Canadian Equity ETF (RCAN) and Evolve S&P/TSX 60 Enhanced Yield Fund ETF (ETSX) offer distinct profiles for Canadian ETF investors. A direct comparison shows that RCAN focuses its top 3 sector exposures on Finance, Energy, and Non-Energy Materials, while ETSX leans towards Finance, Energy, and Non-Energy Materials. When evaluating costs, RCAN features a management fee (MER) of 0.39%, compared to 0.6% for ETSX. 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
RCAN
ETSX
| AuM | $12.03 M | $135.13 M |
| Management Fees | 0.39% | 0.60% |
| Exp. ratio | 0.39% | 0.69% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RCAN | -2.18% | +2.19% | - | - | - |
ETSX | -2.20% | +2.13% | +11.34% | +18.85% | +65.41% | |
| Flows | RCAN | +$1 M | -$1 M | - | - | - |
ETSX | +$5 M | +$12 M | +$41 M | +$54 M | +$109 M |
RCAN vs ETSX exposure
Countries
RCAN
Canada
97.37%
ETSX
Canada
96.92%
Sectors
RCAN
Finance
43.16%
Energy
17.75%
Non-Energy Materials
9.87%
Industrials
9.71%
Other
19.51%
ETSX
Finance
46.83%
Energy
17.64%
Non-Energy Materials
11.66%
Other
23.88%
As of September 17, 2026
Top 10 Holdings
RCAN
Royal Bank of Canada
7.92%
The Toronto-Dominion Bank
5.93%
Brookfield Corp.
4.10%
Canadian Natural Resources Ltd.
4.00%
Bank of Montreal
3.81%
Canadian Imperial Bank of Commerce
3.36%
Enbridge, Inc.
3.31%
Manulife Financial Corp.
3.24%
Shopify, Inc.
3.21%
Suncor Energy, Inc.
3.11%
ETSX
Royal Bank of Canada
9.92%
The Toronto-Dominion Bank
6.78%
Shopify, Inc.
4.84%
Bank of Montreal
4.25%
Enbridge, Inc.
4.06%
Canadian Imperial Bank of Commerce
3.76%
The Bank of Nova Scotia
3.64%
Canadian Natural Resources Ltd.
3.50%
Brookfield Corp.
3.11%
Suncor Energy, Inc.
2.77%
Diversification
RCAN
Total weight of top 10 holdings out of 54 total
42.00%
ETSX
Total weight of top 10 holdings out of 60 total
46.64%
Characteristics
Compare
RCAN
ETSX
| Provider | RBC Global Asset Management | Evolve ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 8.34% |
| Meets ESG criteria | No | No |
| Inception Date | March 25, 2026 | January 9, 2023 |
Frequently asked questions about RCAN and ETSX
Which ETF is larger by assets under management: RCAN or ETSX?
As of September 17, 2026, RCAN manages $12.03 M in assets, while ETSX manages $135.13 M. ETSX is the larger fund by AUM.
How are RCAN and ETSX managed?
RCAN is actively managed by RBC Global Asset Management. It does not track an index. ETSX is actively managed by Evolve ETFs. It does not track an index.
What sectors do RCAN and ETSX emphasize?
RCAN is most exposed to Finance, Energy, and Non-Energy Materials. ETSX is most exposed to Finance, Energy, and Non-Energy Materials.
How do the fees of RCAN and ETSX compare?
RCAN has an expense ratio of 0.39%, while ETSX has an expense ratio of 0.69%.
What are the top holdings of RCAN and ETSX?
RCAN's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Brookfield Corp.. ETSX's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: RCAN or ETSX?
RCAN holds 54 securities, while ETSX holds 60. On holdings count, ETSX is the more diversified portfolio.
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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.

