VS
Compare Vanguard FTSE Canada Index ETF (VCE) vs iShares Core S&P/TSX Capped Composite Index ETF (XIC) to find the best fit for your portfolio. VCE provides Financials, Energy, and Materials exposures, while XIC is primarily weighted in Financials, Materials, and Energy. When evaluating costs, VCE features a management fee (MER) of 0.05%, compared to 0.05% for XIC. Performance-wise, VCE has returned 5.92% year-to-date with +$187 M in net flows, whereas XIC is at 5.44% with +$4 B. 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
XIC
| AuM | $3,297.75 M | $27,143.90 M |
| Management Fees | 0.05% | 0.05% |
| Exp. ratio | 0.06% | 0.06% |
| Tracking Difference | 0.67% | -0.09% |
Historical performance and flows
As of April 7, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VCE | +2.08% | +3.88% | +5.92% | +48.48% | +82.35% |
XIC | +0.41% | +4.02% | +5.44% | +48.92% | +78.41% | |
| Flows | VCE | +$52 M | +$161 M | +$187 M | +$442 M | +$857 M |
XIC | +$1,285 M | +$4,113 M | +$4,092 M | +$6,561 M | +$9,950 M |
VCE vs XIC exposure
Countries
VCE
Canada
99.73%
XIC
Canada
99.06%
Sectors
VCE
Financials
32.36%
Energy
16.84%
Materials
15.49%
Other
13.27%
Other
22.03%
XIC
Financials
27.79%
Materials
18.28%
Energy
16.04%
Other
13.24%
Other
24.66%
As of April 7, 2026
Top 10 Holdings
VCE
ROYAL BK CANADA
7.75%
TORONTO DOMINION
5.41%
SHOPIFY SUBORDINATE VOTING
4.77%
AGNICO EAGLE MINES LTD
4.10%
ENBRIDGE
3.79%
BANK OF MONTREAL
3.39%
CDN IMPERIAL BK
3.10%
BNS
3.10%
CA11271J1075
3.03%
CDN NATURAL RESOURCE
2.92%
XIC
ROYAL BK CANADA
6.50%
TORONTO DOMINION
4.58%
SHOPIFY SUBORDINATE VOTING
4.09%
AGNICO EAGLE MINES LTD
3.50%
ENBRIDGE
3.21%
BANK OF MONTREAL
2.84%
CA11271J1075
2.63%
CDN IMPERIAL BK
2.60%
BNS
2.60%
CDN NATURAL RESOURCE
2.53%
Diversification
VCE
Total weight of top 10 holdings out of 78 total
41.35%
XIC
Total weight of top 10 holdings out of 217 total
35.08%
Characteristics
Compare
VCE
XIC
| Provider | Vanguard | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Domestic TR Index - CAD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.83% | 2.12% |
| Meets ESG criteria | No | No |
| Inception Date | November 30, 2011 | February 16, 2001 |
Frequently asked questions about VCE and XIC
Which ETF has performed better year to date: VCE or XIC?
As of April 7, 2026, VCE has returned 5.92% year to date, while XIC has returned 5.44%. VCE is ahead on YTD performance.
Which ETF is larger by assets under management: VCE or XIC?
As of April 7, 2026, VCE manages $3.30 B in assets, while XIC manages $27.14 B. XIC is the larger fund by AUM.
How are VCE and XIC managed?
VCE is passively managed by Vanguard. It tracks the FTSE Canada Domestic TR Index - CAD benchmark. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do VCE and XIC emphasize?
VCE is most exposed to Financials, Energy, and Materials. XIC is most exposed to Financials, Materials, and Energy.
Which ETF is attracting more investor flows: VCE or XIC?
Year to date, VCE has seen +$187.25 M in net flows, compared with +$4,092.38 M for XIC. XIC has attracted more net investor money so far.
How do the fees of VCE and XIC compare?
VCE has an expense ratio of 0.06%, while XIC has an expense ratio of 0.06%.
What are the top holdings of VCE and XIC?
VCE's largest holdings include ROYAL BK CANADA and TORONTO DOMINION. XIC's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: VCE or XIC?
VCE holds 69 securities, while XIC holds 193. On holdings count, XIC is the more diversified portfolio.
Recent articles about VCE and XIC
The Top Canadian ETFs by AUM in 2023
These ETFs rank among the largest in the Canadian industry.
Posted on 1/11/2023 by Tony Dong inETFs
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.