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Compare Vanguard FTSE Canada Index ETF (VCE) vs BMO MSCI Canada Selection Equity Index ETF (ESGA) to find the best fit for your portfolio. VCE provides Financials, Energy, and Materials exposures, while ESGA is primarily weighted in Financials, Materials, and Energy. When evaluating costs, VCE features a management fee (MER) of 0.05%, compared to 0.15% for ESGA. Performance-wise, VCE has returned 8.99% year-to-date with +$233 M in net flows, whereas ESGA is at 4.16% with -$29 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
ESGA
| AuM | $3,439.41 M | $164.56 M |
| Management Fees | 0.05% | 0.15% |
| Exp. ratio | 0.06% | 0.16% |
| Tracking Difference | 0.70% | -0.27% |
Historical performance and flows
As of May 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VCE | +2.04% | +3.54% | +8.99% | +33.64% | +88.55% |
ESGA | -0.73% | +0.35% | +4.16% | +28.96% | +81.63% | |
| Flows | VCE | +$27 M | +$119 M | +$233 M | +$448 M | +$885 M |
ESGA | -$21 M | -$18 M | -$29 M | -$0 M | +$12 M |
VCE vs ESGA exposure
Countries
VCE
Canada
99.58%
ESGA
Canada
100.00%
Sectors
VCE
Financials
31.95%
Energy
18.42%
Materials
14.58%
Other
12.60%
Information Technology
7.01%
Other
15.44%
ESGA
Financials
31.79%
Materials
17.15%
Energy
15.40%
Information Technology
10.92%
Other
7.82%
Other
16.92%
As of May 21, 2026
Top 10 Holdings
VCE
ROYAL BK CANADA
7.71%
TORONTO DOMINION
5.35%
SHOPIFY SUBORDINATE VOTING
4.95%
ENBRIDGE
4.03%
AGNICO EAGLE MINES LTD
3.45%
CDN NATURAL RESOURCE
3.40%
BANK OF MONTREAL
3.27%
CDN IMPERIAL BK
3.03%
BNS
2.95%
CA11271J1075
2.92%
ESGA
TORONTO DOMINION
10.81%
SHOPIFY SUBORDINATE VOTING
9.56%
ENBRIDGE
8.28%
AGNICO EAGLE MINES LTD
6.72%
BANK OF MONTREAL
6.51%
BNS
5.82%
CA11271J1075
5.58%
WHEATON PRECIOUS METALS CORP
3.92%
CDN NATL RAILWAY
3.71%
NATIONAL BANK OF CANADA
3.42%
Diversification
VCE
Total weight of top 10 holdings out of 84 total
41.07%
ESGA
Total weight of top 10 holdings out of 37 total
64.34%
Characteristics
Compare
VCE
ESGA
| Provider | Vanguard | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Domestic TR Index - CAD | MSCI Canada Selection Index GTR - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.75% | 1.89% |
| Meets ESG criteria | No | Yes |
| Inception Date | November 30, 2011 | January 21, 2020 |
Frequently asked questions about VCE and ESGA
Which ETF has performed better year to date: VCE or ESGA?
As of May 21, 2026, VCE has returned 8.99% year to date, while ESGA has returned 4.16%. VCE is ahead on YTD performance.
Which ETF is larger by assets under management: VCE or ESGA?
As of May 21, 2026, VCE manages $3.44 B in assets, while ESGA manages $164.56 M. VCE is the larger fund by AUM.
How are VCE and ESGA managed?
VCE is passively managed by Vanguard. It tracks the FTSE Canada Domestic TR Index - CAD benchmark. ESGA is passively managed by BMO. It tracks the MSCI Canada Selection Index GTR - CAD benchmark.
What sectors do VCE and ESGA emphasize?
VCE is most exposed to Financials, Energy, and Materials. ESGA is most exposed to Financials, Materials, and Energy.
Which ETF is attracting more investor flows: VCE or ESGA?
Year to date, VCE has seen +$232.69 M in net flows, compared with -$28.65 M for ESGA. VCE has attracted more net investor money so far.
How do the fees of VCE and ESGA compare?
VCE has an expense ratio of 0.06%, while ESGA has an expense ratio of 0.16%.
What are the top holdings of VCE and ESGA?
VCE's largest holdings include ROYAL BK CANADA and TORONTO DOMINION. ESGA's top holdings include TORONTO DOMINION, SHOPIFY SUBORDINATE VOTING, and ENBRIDGE.
Which ETF is more diversified: VCE or ESGA?
VCE holds 75 securities, while ESGA holds 35. 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.

