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 Financials, Energy, and Materials, while ETSX leans towards Financials, Materials, and Energy. When evaluating costs, VCE features a management fee (MER) of 0.05%, compared to 0.6% for ETSX. Performance-wise, VCE has returned 8.17% year-to-date with +$238 M in net flows, whereas ETSX is at 6.89% with +$26 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 | $3,419.03 M | $118.97 M |
| Management Fees | 0.05% | 0.60% |
| Exp. ratio | 0.06% | 0.69% |
| Tracking Difference | 0.70% | - |
Historical performance and flows
As of May 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VCE | -0.21% | +2.47% | +8.17% | +31.40% | +87.13% |
ETSX | +2.07% | +2.56% | +6.89% | +27.01% | +61.92% | |
| Flows | VCE | +$40 M | +$127 M | +$238 M | +$453 M | +$890 M |
ETSX | +$4 M | +$11 M | +$26 M | +$57 M | +$99 M |
VCE vs ETSX exposure
Countries
VCE
Canada
99.58%
ETSX
Canada
87.44%
Other
11.98%
Sectors
VCE
Financials
31.95%
Energy
18.42%
Materials
14.58%
Other
12.60%
Information Technology
7.01%
Other
15.44%
ETSX
Financials
31.38%
Other
17.27%
Materials
14.51%
Energy
14.36%
Information Technology
8.47%
Other
14.02%
As of May 20, 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%
ETSX
ROYAL BK CANADA
7.98%
TORONTO DOMINION
5.58%
SHOPIFY SUBORDINATE VOTING
5.35%
ENBRIDGE
4.15%
AGNICO EAGLE MINES LTD
3.70%
BANK OF MONTREAL
3.42%
CA11271J1075
3.21%
CDN IMPERIAL BK
3.13%
BNS
3.03%
SUNCOR ENERGY
2.72%
Diversification
VCE
Total weight of top 10 holdings out of 84 total
41.07%
ETSX
Total weight of top 10 holdings out of 57 total
42.27%
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 | 2.77% | 8.43% |
| 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 May 20, 2026, VCE has returned 8.17% year to date, while ETSX has returned 6.89%. VCE is ahead on YTD performance.
Which ETF is larger by assets under management: VCE or ETSX?
As of May 20, 2026, VCE manages $3.42 B in assets, while ETSX manages $118.97 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 Financials, Energy, and Materials. ETSX is most exposed to Financials, Materials, and Energy.
Which ETF is attracting more investor flows: VCE or ETSX?
Year to date, VCE has seen +$238.23 M in net flows, compared with +$26.48 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 BK CANADA and TORONTO DOMINION. ETSX's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and SHOPIFY SUBORDINATE VOTING.
Which ETF is more diversified: VCE or ETSX?
VCE holds 75 securities, while ETSX holds 55. On holdings count, VCE is the more diversified portfolio.
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