VS
Vanguard All-Equity ETF Portfolio (VEQT) and Vanguard Balanced ETF Portfolio (VBAL) offer distinct profiles for Canadian ETF investors. A direct comparison shows that VEQT focuses its top 3 sector exposures on Finance, Technology, and Industrials, while VBAL leans towards Finance, Sovereign, and Technology. When evaluating costs, VEQT features a management fee (MER) of 0.22%, compared to 0.22% for VBAL. Performance-wise, VEQT has returned 15.19% year-to-date with +$5 B in net flows, whereas VBAL is at 8.73% 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
VEQT
VBAL
| AuM | $17,271.18 M | $5,912.46 M |
| Management Fees | 0.22% | 0.22% |
| Exp. ratio | 0.24% | 0.24% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VEQT | -1.30% | +1.51% | +15.19% | +21.03% | +81.78% |
VBAL | -1.02% | +0.20% | +8.73% | +11.97% | +52.27% | |
| Flows | VEQT | +$617 M | +$1,703 M | +$5,127 M | +$6,209 M | +$10,065 M |
VBAL | +$111 M | +$365 M | +$1,137 M | +$1,521 M | +$2,254 M |
VEQT vs VBAL exposure
Countries
VEQT
USA
44.59%
Canada
29.15%
Other
26.26%
VBAL
Canada
40.49%
USA
33.91%
Other
25.59%
Sectors
VEQT
Finance
25.70%
Technology
24.84%
Industrials
9.49%
Non-Energy Materials
7.71%
Energy
7.70%
Other
24.56%
VBAL
Finance
21.18%
Sovereign
16.68%
Technology
15.59%
Municipal
7.34%
Other
39.20%
As of September 17, 2026
Top 10 Holdings
VEQT
NVIDIA Corp.
2.88%
Apple, Inc.
2.83%
Royal Bank of Canada
2.50%
Microsoft Corp.
2.15%
The Toronto-Dominion Bank
1.71%
Amazon.com, Inc.
1.64%
Alphabet, Inc.
1.30%
Shopify, Inc.
1.23%
Broadcom Inc.
1.15%
Bank of Montreal
1.08%
VBAL
NVIDIA Corp.
1.75%
Apple, Inc.
1.72%
Royal Bank of Canada
1.53%
Microsoft Corp.
1.31%
The Toronto-Dominion Bank
1.05%
Amazon.com, Inc.
1.00%
Alphabet, Inc.
0.79%
Shopify, Inc.
0.75%
Broadcom Inc.
0.70%
Taiwan Semiconductor Manufacturing Co., Ltd.
0.69%
Diversification
VEQT
Total weight of top 10 holdings out of 12,159 total
18.46%
VBAL
Total weight of top 10 holdings out of 33,826 total
11.27%
Characteristics
Frequently asked questions about VEQT and VBAL
Which ETF has performed better year to date: VEQT or VBAL?
As of September 17, 2026, VEQT has returned 15.19% year to date, while VBAL has returned 8.73%. VEQT is ahead on YTD performance.
Which ETF is larger by assets under management: VEQT or VBAL?
As of September 17, 2026, VEQT manages $17.27 B in assets, while VBAL manages $5.91 B. VEQT is the larger fund by AUM.
How are VEQT and VBAL managed?
VEQT 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 VEQT and VBAL emphasize?
VEQT is most exposed to Finance, Technology, and Industrials. VBAL is most exposed to Finance, Sovereign, and Technology.
Which ETF is attracting more investor flows: VEQT or VBAL?
Year to date, VEQT has seen +$5,126.54 M in net flows, compared with +$1,136.66 M for VBAL. VEQT has attracted more net investor money so far.
How do the fees of VEQT and VBAL compare?
VEQT has an expense ratio of 0.24%, while VBAL has an expense ratio of 0.24%.
What are the top holdings of VEQT and VBAL?
VEQT's largest holdings include NVIDIA Corp., Apple, Inc., and Royal Bank of Canada. VBAL's top holdings include NVIDIA Corp., Apple, Inc., and Royal Bank of Canada.
Which ETF is more diversified: VEQT or VBAL?
VEQT holds 11647 securities, while VBAL holds 28294. On holdings count, VBAL is the more diversified portfolio.
Recent articles about VEQT and VBAL
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