VS
Compare Vanguard FTSE Canada Index ETF (VCE) vs iShares Jantzi Social Index ETF (XEN) to find the best fit for your portfolio. VCE and XEN provide the same top sector exposures: Financials, Energy, and Materials. When evaluating costs, VCE features a management fee (MER) of 0.05%, compared to 0.5% for XEN. Performance-wise, VCE has returned 8.17% year-to-date with +$238 M in net flows, whereas XEN is at 8.58% with -$5 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
XEN
| AuM | $3,419.03 M | $171.46 M |
| Management Fees | 0.05% | 0.50% |
| Exp. ratio | 0.06% | 0.55% |
| Tracking Difference | 0.70% | 2.66% |
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% |
XEN | +1.22% | +1.74% | +8.58% | +35.84% | +81.36% | |
| Flows | VCE | +$40 M | +$127 M | +$238 M | +$453 M | +$890 M |
XEN | +$0 M | -$5 M | -$5 M | -$5 M | -$5 M |
VCE vs XEN exposure
Countries
VCE
Canada
99.58%
XEN
Canada
99.69%
Sectors
VCE
Financials
31.95%
Energy
18.42%
Materials
14.58%
Other
12.60%
Information Technology
7.01%
Other
15.44%
XEN
Financials
29.39%
Energy
18.96%
Materials
16.36%
Other
14.39%
Other
20.90%
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%
XEN
ROYAL BK CANADA
10.17%
SHOPIFY SUBORDINATE VOTING
5.75%
ENBRIDGE
5.11%
AGNICO EAGLE MINES LTD
4.99%
BANK OF MONTREAL
4.26%
CDN NATURAL RESOURCE
4.15%
BNS
4.02%
CDN IMPERIAL BK
3.98%
CA11271J1075
3.48%
SUNCOR ENERGY
3.43%
Diversification
VCE
Total weight of top 10 holdings out of 84 total
41.07%
XEN
Total weight of top 10 holdings out of 50 total
49.35%
Characteristics
Compare
VCE
XEN
| Provider | Vanguard | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Domestic TR Index - CAD | Jantzi Social Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.77% | 1.71% |
| Meets ESG criteria | No | Yes |
| Inception Date | November 30, 2011 | May 14, 2007 |
Frequently asked questions about VCE and XEN
Which ETF has performed better year to date: VCE or XEN?
As of May 20, 2026, VCE has returned 8.17% year to date, while XEN has returned 8.58%. XEN is ahead on YTD performance.
Which ETF is larger by assets under management: VCE or XEN?
As of May 20, 2026, VCE manages $3.42 B in assets, while XEN manages $171.46 M. VCE is the larger fund by AUM.
How are VCE and XEN managed?
VCE is passively managed by Vanguard. It tracks the FTSE Canada Domestic TR Index - CAD benchmark. XEN is passively managed by iShares. It tracks the Jantzi Social Index - CAD benchmark.
What sectors do VCE and XEN emphasize?
VCE is most exposed to Financials, Energy, and Materials. XEN is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: VCE or XEN?
Year to date, VCE has seen +$238.23 M in net flows, compared with -$5.04 M for XEN. VCE has attracted more net investor money so far.
How do the fees of VCE and XEN compare?
VCE has an expense ratio of 0.06%, while XEN has an expense ratio of 0.55%.
What are the top holdings of VCE and XEN?
VCE's largest holdings include ROYAL BK CANADA and TORONTO DOMINION. XEN's top holdings include ROYAL BK CANADA and SHOPIFY SUBORDINATE VOTING.
Which ETF is more diversified: VCE or XEN?
VCE holds 75 securities, while XEN holds 44. On holdings count, VCE is the more diversified portfolio.
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.