VCE
Vanguard FTSE Canada Index ETF

Full VCE fund page
VS
ESGA
BMO MSCI Canada Selection Equity Index ETF

Full ESGA fund page

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

-3.0-2.0-1.00.01.02.0%Apr 21Apr 28May 5May 12May 20

Key Data

Historical performance and flows

As of May 21, 2026
1M3MYTD1Y3Y
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
ProviderVanguardBMO
ManagementPassively managedPassively managed
BenchmarkFTSE Canada Domestic TR Index - CADMSCI Canada Selection Index GTR - CAD
Replication MethodDirect (Physical)Direct (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield2.75%1.89%
Meets ESG criteriaNoYes
Inception DateNovember 30, 2011January 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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