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: Finance, Energy, and Non-Energy Materials. When evaluating costs, VCE features a management fee (MER) of 0.05%, compared to 0.5% for XEN. Performance-wise, VCE has returned 14.5% year-to-date with +$347 M in net flows, whereas XEN is at 14.49% 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 | $3,710.00 M | $180.03 M |
| Management Fees | 0.05% | 0.50% |
| Exp. ratio | 0.06% | 0.55% |
| Tracking Difference | 0.67% | 2.20% |
Historical performance and flows
As of September 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VCE | -0.03% | +4.35% | +14.50% | +27.65% | +92.99% |
XEN | +1.02% | +4.85% | +14.49% | +26.79% | +85.27% | |
| Flows | VCE | +$39 M | +$98 M | +$347 M | +$487 M | +$960 M |
XEN | +$0 M | +$0 M | -$5 M | -$5 M | -$5 M |
VCE vs XEN exposure
Countries
VCE
Canada
97.36%
XEN
Canada
98.50%
Sectors
VCE
Finance
45.69%
Energy
17.67%
Non-Energy Materials
13.15%
Industrials
7.48%
Other
16.01%
XEN
Finance
43.31%
Energy
17.92%
Non-Energy Materials
17.46%
Industrials
7.16%
Other
14.16%
As of September 1, 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%
XEN
Royal Bank of Canada
10.41%
Shopify, Inc.
6.72%
Bank of Montreal
5.20%
Enbridge, Inc.
5.00%
Canadian Imperial Bank of Commerce
4.56%
The Bank of Nova Scotia
4.48%
Canadian Natural Resources Ltd.
3.96%
Agnico Eagle Mines Ltd.
3.65%
Brookfield Corp.
3.32%
Suncor Energy, Inc.
3.26%
Diversification
VCE
Total weight of top 10 holdings out of 85 total
43.46%
XEN
Total weight of top 10 holdings out of 50 total
50.56%
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 | 2.62% | 1.60% |
| 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 September 1, 2026, VCE has returned 14.50% year to date, while XEN has returned 14.49%. VCE is ahead on YTD performance.
Which ETF is larger by assets under management: VCE or XEN?
As of September 1, 2026, VCE manages $3.71 B in assets, while XEN manages $180.03 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 Finance, Energy, and Non-Energy Materials. XEN is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: VCE or XEN?
Year to date, VCE has seen +$347.47 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 Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc.. XEN's top holdings include Royal Bank of Canada, Shopify, Inc., and Bank of Montreal.
Which ETF is more diversified: VCE or XEN?
VCE holds 84 securities, while XEN holds 50. On holdings count, VCE is the more diversified portfolio.
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