VS
Compare Vanguard Conservative ETF Portfolio (VCNS) vs TD Conservative ETF Portfolio (TCON) to find the best fit for your portfolio. VCNS and TCON provide the same top sector exposures: Sovereign, Finance, and Municipal. When evaluating costs, VCNS features a management fee (MER) of 0.22%, compared to 0.27% for TCON. Performance-wise, VCNS has returned 4.93% year-to-date with +$199 M in net flows, whereas TCON is at 4.74% with +$49 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
VCNS
TCON
| AuM | $962.39 M | $133.93 M |
| Management Fees | 0.22% | 0.27% |
| Exp. ratio | 0.25% | 0.17% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VCNS | -1.29% | -0.30% | +4.93% | +6.81% | +36.59% |
TCON | -1.35% | -0.04% | +4.74% | +6.71% | +34.00% | |
| Flows | VCNS | +$22 M | +$68 M | +$199 M | +$307 M | +$363 M |
TCON | +$6 M | +$11 M | +$49 M | +$66 M | +$110 M |
VCNS vs TCON exposure
Countries
VCNS
Canada
46.47%
USA
28.45%
Other
25.07%
TCON
Canada
72.13%
USA
16.61%
Other
11.26%
Sectors
VCNS
Sovereign
25.41%
Finance
18.86%
Municipal
11.13%
Technology
10.75%
Other
33.85%
TCON
Sovereign
21.13%
Finance
18.22%
Municipal
16.18%
Technology
8.87%
Other
35.60%
As of September 11, 2026
Top 10 Holdings
VCNS
NVIDIA Corp.
1.17%
Apple, Inc.
1.15%
Royal Bank of Canada
1.04%
Microsoft Corp.
0.87%
The Toronto-Dominion Bank
0.71%
Amazon.com, Inc.
0.67%
Canada, Bonds 2.75% 1mar2031, CAD
0.64%
Canada, Bonds 2.75% 1sep2030, CAD
0.57%
Canada, Bonds 3.25% 1dec2035, CAD
0.55%
Canada, Bonds 3.25% 1jun2036, CAD
0.54%
TCON
Royal Bank of Canada
1.23%
NVIDIA Corp.
1.11%
Apple, Inc.
1.05%
Canada, Bonds 3.25% 1jun2036, CAD
0.94%
Canada, Bonds 3.25% 1dec2035, CAD
0.90%
The Toronto-Dominion Bank
0.85%
Canada, Bonds 2.75% 1sep2030, CAD
0.84%
Microsoft Corp.
0.81%
Canada, Bond 1.5 1jun2031 10Y
0.80%
Canada, Bonds 1.5% 1dec2031 10Y
0.80%
Diversification
VCNS
Total weight of top 10 holdings out of 33,981 total
7.91%
TCON
Total weight of top 10 holdings out of 3,307 total
9.31%
Characteristics
Compare
VCNS
TCON
| Provider | Vanguard | TD Asset Management |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.51% | 2.13% |
| Meets ESG criteria | No | No |
| Inception Date | February 1, 2018 | August 18, 2020 |
Frequently asked questions about VCNS and TCON
Which ETF has performed better year to date: VCNS or TCON?
As of September 11, 2026, VCNS has returned 4.93% year to date, while TCON has returned 4.74%. VCNS is ahead on YTD performance.
Which ETF is larger by assets under management: VCNS or TCON?
As of September 11, 2026, VCNS manages $962.39 M in assets, while TCON manages $133.93 M. VCNS is the larger fund by AUM.
How are VCNS and TCON managed?
VCNS is actively managed by Vanguard. It does not track an index. TCON is actively managed by TD Asset Management. It does not track an index.
What sectors do VCNS and TCON emphasize?
VCNS is most exposed to Sovereign, Finance, and Municipal. TCON is most exposed to Sovereign, Finance, and Municipal.
Which ETF is attracting more investor flows: VCNS or TCON?
Year to date, VCNS has seen +$199.06 M in net flows, compared with +$49.38 M for TCON. VCNS has attracted more net investor money so far.
How do the fees of VCNS and TCON compare?
VCNS has an expense ratio of 0.25%, while TCON has an expense ratio of 0.17%.
What are the top holdings of VCNS and TCON?
VCNS's largest holdings include NVIDIA Corp. and Apple, Inc.. TCON's top holdings include Royal Bank of Canada, NVIDIA Corp., and Apple, Inc..
Which ETF is more diversified: VCNS or TCON?
VCNS holds 28264 securities, while TCON holds 3286. On holdings count, VCNS is the more diversified portfolio.
Recent articles about VCNS and TCON
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