VS
Vanguard Conservative Income ETF Portfolio (VCIP) and Vanguard Balanced ETF Portfolio (VBAL) offer distinct profiles for Canadian ETF investors. A direct comparison shows that VCIP focuses its top 3 sector exposures on Sovereign, Finance, and Municipal, while VBAL leans towards Finance, Technology, and Sovereign. When evaluating costs, VCIP features a management fee (MER) of 0.22%, compared to 0.22% for VBAL. Performance-wise, VCIP has returned 2.33% year-to-date with -$6 M in net flows, whereas VBAL is at 7.74% with +$1 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
VCIP
VBAL
| AuM | $255.69 M | $5,980.86 M |
| Management Fees | 0.22% | 0.22% |
| Exp. ratio | 0.25% | 0.24% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VCIP | +1.45% | -0.45% | +2.33% | +1.86% | +27.10% |
VBAL | -0.24% | -0.17% | +7.74% | +8.08% | +56.73% | |
| Flows | VCIP | -$2 M | +$4 M | -$6 M | -$1 M | +$27 M |
VBAL | +$122 M | +$329 M | +$1,289 M | +$1,550 M | +$2,389 M |
VCIP vs VBAL exposure
Countries
VCIP
Canada
51.13%
USA
23.25%
Other
25.62%
VBAL
Canada
39.67%
USA
34.33%
Other
25.99%
Sectors
VCIP
Sovereign
33.42%
Finance
16.17%
Municipal
14.61%
Other
35.80%
VBAL
Finance
20.47%
Technology
17.01%
Sovereign
16.27%
Municipal
7.20%
Other
39.05%
As of October 30, 2026
Top 10 Holdings
VCIP
Canada, Bonds 2.75% 1mar2031, CAD
0.85%
Canada, Bonds 3% 1sep2031, CAD
0.81%
Canada, Bonds 3.25% 1dec2035, CAD
0.70%
NVIDIA Corp.
0.69%
Canada, Bonds 2.75% 1sep2030, CAD
0.69%
Canada, Bonds 3.25% 1jun2036, CAD
0.67%
Canada, Bonds 3.25% 1jun2035, CAD
0.65%
Apple, Inc.
0.64%
Canada, Bonds 2.75% 1mar2030, CAD
0.58%
Canada, Bonds 2.5% 1may2028, CAD
0.53%
VBAL
NVIDIA Corp.
1.99%
Apple, Inc.
1.85%
Microsoft Corp.
1.45%
Royal Bank of Canada
1.43%
The Toronto-Dominion Bank
1.00%
Shopify, Inc.
0.94%
Amazon.com, Inc.
0.92%
Alphabet, Inc.
0.77%
Taiwan Semiconductor Manufacturing Co., Ltd.
0.73%
Broadcom Inc.
0.64%
Diversification
VCIP
Total weight of top 10 holdings out of 33,801 total
6.82%
VBAL
Total weight of top 10 holdings out of 33,787 total
11.73%
Characteristics
Compare
VCIP
VBAL
| Provider | Vanguard | Vanguard |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.04% | 2.17% |
| Meets ESG criteria | No | No |
| Inception Date | February 5, 2019 | February 1, 2018 |
Frequently asked questions about VCIP and VBAL
Which ETF has performed better year to date: VCIP or VBAL?
As of October 30, 2026, VCIP has returned 2.33% year to date, while VBAL has returned 7.74%. VBAL is ahead on YTD performance.
Which ETF is larger by assets under management: VCIP or VBAL?
As of October 30, 2026, VCIP manages $255.69 M in assets, while VBAL manages $5.98 B. VBAL is the larger fund by AUM.
How are VCIP and VBAL managed?
VCIP is actively managed by Vanguard. It does not track an index. VBAL is actively managed by Vanguard. It does not track an index.
What sectors do VCIP and VBAL emphasize?
VCIP is most exposed to Sovereign, Finance, and Municipal. VBAL is most exposed to Finance, Technology, and Sovereign.
Which ETF is attracting more investor flows: VCIP or VBAL?
Year to date, VCIP has seen -$6.12 M in net flows, compared with +$1,289.31 M for VBAL. VBAL has attracted more net investor money so far.
How do the fees of VCIP and VBAL compare?
VCIP has an expense ratio of 0.25%, while VBAL has an expense ratio of 0.24%.
What are the top holdings of VCIP and VBAL?
VCIP's largest holdings include Canada, Bonds 2.75% 1mar2031, CAD and Canada, Bonds 3% 1sep2031, CAD. VBAL's top holdings include NVIDIA Corp. and Apple, Inc..
Which ETF is more diversified: VCIP or VBAL?
VCIP holds 27922 securities, while VBAL holds 28110. On holdings count, VBAL is the more diversified portfolio.
Recent articles about VCIP and VBAL
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