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Compare Vanguard FTSE Canada Index ETF (VCE) vs Global X S&P/TSX 60 Index ETF (CNDX) to find the best fit for your portfolio. VCE and CNDX provide the same top sector exposures: Finance, Energy, and Non-Energy Materials. When evaluating costs, VCE features a management fee (MER) of 0.05%, compared to 0.13% for CNDX. Performance-wise, VCE has returned 15.29% year-to-date with +$351 M in net flows, whereas CNDX is at 15.76% with +$389 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
VCE
CNDX
| AuM | $3,739.68 M | $1,123.30 M |
| Management Fees | 0.05% | 0.13% |
| Exp. ratio | 0.06% | 0.02% |
| Tracking Difference | 0.67% | -0.08% |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VCE | +0.66% | +3.76% | +15.29% | +28.54% | +95.52% |
CNDX | +0.69% | +4.18% | +15.76% | +28.03% | - | |
| Flows | VCE | +$43 M | +$102 M | +$351 M | +$491 M | +$965 M |
CNDX | -$203 M | -$189 M | +$389 M | +$445 M | - |
VCE vs CNDX exposure
Countries
VCE
Canada
97.36%
CNDX
Canada
97.48%
Sectors
VCE
Finance
45.69%
Energy
17.67%
Non-Energy Materials
13.15%
Industrials
7.48%
Other
16.01%
CNDX
Finance
47.59%
Energy
17.59%
Non-Energy Materials
11.46%
Other
23.36%
As of September 2, 2026
Top 10 Holdings
VCE
Royal Bank of Canada
9.32%
The Toronto-Dominion Bank
6.38%
Shopify, Inc.
4.57%
Bank of Montreal
4.04%
Enbridge, Inc.
3.78%
Canadian Imperial Bank of Commerce
3.47%
The Bank of Nova Scotia
3.44%
Canadian Natural Resources Ltd.
3.10%
Brookfield Corp.
2.83%
Suncor Energy, Inc.
2.54%
CNDX
Royal Bank of Canada
10.09%
The Toronto-Dominion Bank
6.91%
Shopify, Inc.
4.93%
Bank of Montreal
4.34%
Enbridge, Inc.
4.10%
Canadian Imperial Bank of Commerce
3.76%
The Bank of Nova Scotia
3.72%
Canadian Natural Resources Ltd.
3.43%
Brookfield Corp.
3.13%
Suncor Energy, Inc.
2.74%
Diversification
VCE
Total weight of top 10 holdings out of 85 total
43.46%
CNDX
Total weight of top 10 holdings out of 60 total
47.14%
Characteristics
Compare
VCE
CNDX
| Provider | Vanguard | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Domestic TR Index - CAD | S&P/TSX 60 Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.60% | 2.16% |
| Meets ESG criteria | No | No |
| Inception Date | November 30, 2011 | May 14, 2024 |
Frequently asked questions about VCE and CNDX
Which ETF has performed better year to date: VCE or CNDX?
As of September 2, 2026, VCE has returned 15.29% year to date, while CNDX has returned 15.76%. CNDX is ahead on YTD performance.
Which ETF is larger by assets under management: VCE or CNDX?
As of September 2, 2026, VCE manages $3.74 B in assets, while CNDX manages $1.12 B. VCE is the larger fund by AUM.
How are VCE and CNDX managed?
VCE is passively managed by Vanguard. It tracks the FTSE Canada Domestic TR Index - CAD benchmark. CNDX is passively managed by Global X. It tracks the S&P/TSX 60 Total Return Index - CAD benchmark.
What sectors do VCE and CNDX emphasize?
VCE is most exposed to Finance, Energy, and Non-Energy Materials. CNDX is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: VCE or CNDX?
Year to date, VCE has seen +$351.36 M in net flows, compared with +$389.06 M for CNDX. CNDX has attracted more net investor money so far.
How do the fees of VCE and CNDX compare?
VCE has an expense ratio of 0.06%, while CNDX has an expense ratio of 0.02%.
What are the top holdings of VCE and CNDX?
VCE's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc.. CNDX's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: VCE or CNDX?
VCE holds 84 securities, while CNDX holds 60. On holdings count, VCE 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.

