VS
When evaluating costs, SHPY features a management fee (MER) of 0.4%, compared to 0.05% for XIC. Performance-wise, SHPY has returned 22.41% year-to-date with +$8 M in net flows, whereas XIC is at 12.5% with +$7 B. 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
SHPY
XIC
| AuM | $12.03 M | $31,310.89 M |
| Management Fees | 0.40% | 0.05% |
| Exp. ratio | 0.40% | 0.06% |
| Tracking Difference | - | -0.10% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SHPY | +15.40% | -3.66% | -22.41% | - | - |
XIC | +0.59% | +3.22% | +12.50% | +31.70% | +89.28% | |
| Flows | SHPY | -$1 M | +$3 M | +$8 M | - | - |
XIC | +$820 M | +$1,912 M | +$6,530 M | +$7,821 M | +$12,618 M |
SHPY vs XIC exposure
Countries
SHPY
Exposure data will be available soon
XIC
Canada
96.41%
Sectors
SHPY
Exposure data will be available soon
XIC
Finance
39.60%
Non-Energy Materials
18.18%
Energy
16.99%
Industrials
8.23%
Other
16.99%
As of July 17, 2026
Top 10 Holdings
SHPY
Exposure data will be available soon
XIC
Royal Bank of Canada
7.42%
The Toronto-Dominion Bank
5.32%
Shopify, Inc.
4.05%
Enbridge, Inc.
3.32%
Bank of Montreal
3.18%
Canadian Imperial Bank of Commerce
2.81%
Brookfield Corp.
2.78%
The Bank of Nova Scotia
2.74%
Canadian Natural Resources Ltd.
2.62%
Agnico Eagle Mines Ltd.
2.55%
Diversification
SHPY
Exposure data will be available soon
XIC
Total weight of top 10 holdings out of 220 total
36.78%
Characteristics
Compare
SHPY
XIC
| Provider | Purpose Investments | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.00% |
| Meets ESG criteria | No | No |
| Inception Date | August 21, 2025 | February 16, 2001 |
Frequently asked questions about SHPY and XIC
Which ETF has performed better year to date: SHPY or XIC?
As of July 17, 2026, SHPY has returned -22.41% year to date, while XIC has returned 12.50%. XIC is ahead on YTD performance.
Which ETF is larger by assets under management: SHPY or XIC?
As of July 17, 2026, SHPY manages $12.03 M in assets, while XIC manages $31.31 B. XIC is the larger fund by AUM.
How are SHPY and XIC managed?
SHPY is actively managed by Purpose Investments. It does not track an index. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: SHPY or XIC?
Year to date, SHPY has seen +$7.78 M in net flows, compared with +$6,530.40 M for XIC. XIC has attracted more net investor money so far.
How do the fees of SHPY and XIC compare?
SHPY has an expense ratio of 0.40%, while XIC has an expense ratio of 0.06%.
Recent articles about SHPY and XIC
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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.