VS
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 and ESGA 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 0.15% for ESGA. Performance-wise, VCE has returned 17.05% year-to-date with +$353 M in net flows, whereas ESGA is at 12.88% with -$63 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 | $3,798.74 M | $142.72 M |
| Management Fees | 0.05% | 0.15% |
| Exp. ratio | 0.06% | 0.16% |
| Tracking Difference | 0.67% | -0.24% |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VCE | +2.20% | +6.38% | +17.05% | +29.94% | +98.51% |
ESGA | +2.93% | +6.99% | +12.88% | +23.83% | +93.24% | |
| Flows | VCE | +$45 M | +$100 M | +$353 M | +$491 M | +$967 M |
ESGA | -$37 M | -$35 M | -$63 M | -$19 M | -$25 M |
VCE vs ESGA exposure
Countries
VCE
Canada
97.36%
ESGA
Canada
98.48%
Sectors
VCE
Finance
45.69%
Energy
17.67%
Non-Energy Materials
13.15%
Industrials
7.48%
Other
16.01%
ESGA
Finance
52.23%
Energy
13.38%
Non-Energy Materials
12.66%
Other
21.73%
As of September 3, 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%
ESGA
The Toronto-Dominion Bank
12.08%
Shopify, Inc.
9.15%
Bank of Montreal
7.49%
Enbridge, Inc.
7.37%
Canadian Imperial Bank of Commerce
6.61%
The Bank of Nova Scotia
6.60%
Agnico Eagle Mines Ltd.
4.68%
Canadian National Railway Co.
4.01%
National Bank of Canada
3.83%
Wheaton Precious Metals Corp.
3.13%
Diversification
VCE
Total weight of top 10 holdings out of 85 total
43.46%
ESGA
Total weight of top 10 holdings out of 41 total
64.95%
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 | 2.56% | 1.79% |
| 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 September 3, 2026, VCE has returned 17.05% year to date, while ESGA has returned 12.88%. VCE is ahead on YTD performance.
Which ETF is larger by assets under management: VCE or ESGA?
As of September 3, 2026, VCE manages $3.80 B in assets, while ESGA manages $142.72 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 Finance, Energy, and Non-Energy Materials. ESGA is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: VCE or ESGA?
Year to date, VCE has seen +$353.34 M in net flows, compared with -$63.31 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 Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc.. ESGA's top holdings include The Toronto-Dominion Bank, Shopify, Inc., and Bank of Montreal.
Which ETF is more diversified: VCE or ESGA?
VCE holds 84 securities, while ESGA holds 41. 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.

