VS
Vanguard FTSE Canada Index ETF (VCE) and Evolve S&P/TSX 60 Enhanced Yield Fund ETF (ETSX) offer distinct profiles for Canadian ETF investors. A direct comparison shows that VCE focuses its top 3 sector exposures on Finance, Energy, and Non-Energy Materials, while ETSX leans towards Finance, Energy, and Non-Energy Materials. When evaluating costs, VCE features a management fee (MER) of 0.05%, compared to 0.6% for ETSX. Performance-wise, VCE has returned 15.72% year-to-date with +$347 M in net flows, whereas ETSX is at 11.37% with +$38 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
ETSX
| AuM | $3,749.45 M | $132.43 M |
| Management Fees | 0.05% | 0.60% |
| Exp. ratio | 0.06% | 0.69% |
| Tracking Difference | 0.67% | - |
Historical performance and flows
As of August 31, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VCE | +2.53% | +5.46% | +15.72% | +29.01% | +97.52% |
ETSX | +0.89% | +3.95% | +11.37% | +21.19% | +67.33% | |
| Flows | VCE | +$41 M | +$98 M | +$347 M | +$487 M | +$960 M |
ETSX | +$3 M | +$10 M | +$38 M | +$51 M | +$106 M |
VCE vs ETSX exposure
Countries
VCE
Canada
97.36%
ETSX
Canada
96.92%
Sectors
VCE
Finance
45.69%
Energy
17.67%
Non-Energy Materials
13.15%
Industrials
7.48%
Other
16.01%
ETSX
Finance
46.83%
Energy
17.64%
Non-Energy Materials
11.66%
Other
23.88%
As of August 31, 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%
ETSX
Royal Bank of Canada
9.92%
The Toronto-Dominion Bank
6.78%
Shopify, Inc.
4.84%
Bank of Montreal
4.25%
Enbridge, Inc.
4.06%
Canadian Imperial Bank of Commerce
3.76%
The Bank of Nova Scotia
3.64%
Canadian Natural Resources Ltd.
3.50%
Brookfield Corp.
3.11%
Suncor Energy, Inc.
2.77%
Diversification
VCE
Total weight of top 10 holdings out of 85 total
43.46%
ETSX
Total weight of top 10 holdings out of 60 total
46.64%
Characteristics
Compare
VCE
ETSX
| Provider | Vanguard | Evolve ETFs |
| Management | Passively managed | Actively managed |
| Benchmark | FTSE Canada Domestic TR Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.59% | 7.52% |
| Meets ESG criteria | No | No |
| Inception Date | November 30, 2011 | January 9, 2023 |
Frequently asked questions about VCE and ETSX
Which ETF has performed better year to date: VCE or ETSX?
As of August 31, 2026, VCE has returned 15.72% year to date, while ETSX has returned 11.37%. VCE is ahead on YTD performance.
Which ETF is larger by assets under management: VCE or ETSX?
As of August 31, 2026, VCE manages $3.75 B in assets, while ETSX manages $132.43 M. VCE is the larger fund by AUM.
How are VCE and ETSX managed?
VCE is passively managed by Vanguard. It tracks the FTSE Canada Domestic TR Index - CAD benchmark. ETSX is actively managed by Evolve ETFs. It does not track an index.
What sectors do VCE and ETSX emphasize?
VCE is most exposed to Finance, Energy, and Non-Energy Materials. ETSX is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: VCE or ETSX?
Year to date, VCE has seen +$347.47 M in net flows, compared with +$37.67 M for ETSX. VCE has attracted more net investor money so far.
How do the fees of VCE and ETSX compare?
VCE has an expense ratio of 0.06%, while ETSX has an expense ratio of 0.69%.
What are the top holdings of VCE and ETSX?
VCE's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc.. ETSX's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: VCE or ETSX?
VCE holds 84 securities, while ETSX holds 60. On holdings count, VCE is the more diversified portfolio.
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