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 Information Technology, Financials, and Industrials, while VBAL leans towards Sovereign, Information Technology, and Financials. When evaluating costs, VEQT features a management fee (MER) of 0.22%, compared to 0.22% for VBAL. Performance-wise, VEQT has returned 6% year-to-date with +$2 B in net flows, whereas VBAL is at 3.73% with +$571 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
VEQT
VBAL
| AuM | $13,299.78 M | $5,126.78 M |
| Management Fees | 0.22% | 0.22% |
| Exp. ratio | 0.24% | 0.24% |
| Tracking Difference | - | - |
Historical performance and flows
As of April 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VEQT | +8.21% | +2.68% | +6.00% | +31.77% | +72.14% |
VBAL | +5.20% | +1.56% | +3.73% | +19.21% | +45.77% | |
| Flows | VEQT | +$441 M | +$1,648 M | +$2,365 M | +$4,458 M | +$7,552 M |
VBAL | +$114 M | +$438 M | +$571 M | +$1,165 M | +$1,774 M |
VEQT vs VBAL exposure
Countries
VEQT
USA
41.93%
Canada
31.08%
Other
26.99%
VBAL
Canada
42.17%
USA
33.29%
Other
24.53%
Sectors
VEQT
Information Technology
19.46%
Financials
18.64%
Industrials
9.77%
Other
8.52%
Energy
8.46%
Consumer Discretionary
7.52%
Other
27.64%
VBAL
Other
13.62%
Sovereign
12.96%
Information Technology
11.84%
Financials
11.34%
Municipal
7.12%
Other
43.13%
As of April 28, 2026
Top 10 Holdings
VEQT
NVIDIA
2.78%
APPLE
2.57%
ROYAL BK CANADA
2.13%
MICROSOFT-T
1.90%
TORONTO DOMINION
1.47%
AMAZON.COM INC
1.39%
SHOPIFY SUBORDINATE VOTING
1.37%
ALPHABET INC-CL
1.16%
ENBRIDGE
1.11%
BROADCOM LIMITED
1.01%
VBAL
NVIDIA
1.68%
APPLE
1.56%
ROYAL BK CANADA
1.28%
MICROSOFT-T
1.15%
TORONTO DOMINION
0.89%
AMAZON.COM INC
0.84%
SHOPIFY SUBORDINATE VOTING
0.82%
ALPHABET INC-CL
0.70%
ENBRIDGE
0.67%
BROADCOM LIMITED
0.61%
Diversification
VEQT
Total weight of top 10 holdings out of 12,196 total
16.89%
VBAL
Total weight of top 10 holdings out of 33,845 total
10.19%
Characteristics
Frequently asked questions about VEQT and VBAL
Which ETF has performed better year to date: VEQT or VBAL?
As of April 28, 2026, VEQT has returned 6.00% year to date, while VBAL has returned 3.73%. VEQT is ahead on YTD performance.
Which ETF is larger by assets under management: VEQT or VBAL?
As of April 28, 2026, VEQT manages $13.30 B in assets, while VBAL manages $5.13 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 Information Technology, Financials, and Industrials. VBAL is most exposed to Sovereign, Information Technology, and Financials.
Which ETF is attracting more investor flows: VEQT or VBAL?
Year to date, VEQT has seen +$2,365.07 M in net flows, compared with +$571.15 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 and APPLE. VBAL's top holdings include NVIDIA and APPLE.
Which ETF is more diversified: VEQT or VBAL?
VEQT holds 10736 securities, while VBAL holds 24963. On holdings count, VBAL is the more diversified portfolio.
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