VS
Vanguard All-Equity ETF Portfolio (VEQT) and iShares Core MSCI EAFE IMI Index ETF (XEF) 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 XEF leans towards Financials, Industrials, and Information Technology. When evaluating costs, VEQT features a management fee (MER) of 0.22%, compared to 0.2% for XEF. Performance-wise, VEQT has returned 11.64% year-to-date with +$3 B in net flows, whereas XEF is at 9.28% with +$3 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
XEF
| AuM | $15,014.80 M | $21,439.94 M |
| Management Fees | 0.22% | 0.20% |
| Exp. ratio | 0.24% | 0.23% |
| Tracking Difference | - | 0.01% |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VEQT | +2.04% | +10.02% | +11.64% | +29.49% | +80.90% |
XEF | +1.15% | +6.78% | +9.28% | +21.42% | +62.32% | |
| Flows | VEQT | +$811 M | +$1,708 M | +$3,358 M | +$5,196 M | +$8,473 M |
XEF | +$501 M | +$1,465 M | +$3,328 M | +$6,364 M | +$10,273 M |
VEQT vs XEF exposure
Countries
VEQT
USA
42.79%
Canada
30.41%
Other
26.80%
XEF
Japan
24.72%
United Kingdom
13.85%
Switzerland
8.56%
France
8.29%
Germany
8.26%
Australia
7.14%
Other
29.19%
Sectors
VEQT
Information Technology
20.97%
Financials
18.75%
Industrials
9.79%
Other
8.61%
Energy
7.97%
Consumer Discretionary
7.50%
Other
26.40%
XEF
Financials
21.98%
Industrials
19.21%
Information Technology
9.35%
Consumer Discretionary
8.38%
Health Care
7.01%
Other
34.06%
As of June 11, 2026
Top 10 Holdings
VEQT
NVIDIA
2.95%
APPLE
2.55%
ROYAL BK CANADA
2.18%
MICROSOFT-T
1.94%
AMAZON.COM INC
1.64%
TORONTO DOMINION
1.57%
ALPHABET INC-CL
1.43%
SHOPIFY SUBORDINATE VOTING
1.29%
BROADCOM LIMITED
1.27%
ALPHABET INC-CL
1.13%
XEF
ASML HOLDING
2.21%
HSBC HOLDINGS
1.24%
ASTRAZENECA
1.17%
CH1499059983
1.13%
NOVARTIS
1.11%
NESTLE SA
1.03%
SHELL PLC
1.02%
SIEMENS
0.89%
COMMONWEALTH BANK OF AUSTRALIA
0.83%
MITSUBISHI UFJ FINANCIAL GROUP
0.80%
Diversification
VEQT
Total weight of top 10 holdings out of 12,167 total
17.93%
XEF
Total weight of top 10 holdings out of 2,646 total
11.43%
Characteristics
Compare
VEQT
XEF
| Provider | Vanguard | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | MSCI EAFE IMI Net Total Return Index - CAD |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.27% | 2.23% |
| Meets ESG criteria | No | No |
| Inception Date | February 5, 2019 | April 10, 2013 |
Frequently asked questions about VEQT and XEF
Which ETF has performed better year to date: VEQT or XEF?
As of June 11, 2026, VEQT has returned 11.64% year to date, while XEF has returned 9.28%. VEQT is ahead on YTD performance.
Which ETF is larger by assets under management: VEQT or XEF?
As of June 11, 2026, VEQT manages $15.01 B in assets, while XEF manages $21.44 B. XEF is the larger fund by AUM.
How are VEQT and XEF managed?
VEQT is actively managed by Vanguard. It does not track an index. XEF is passively managed by iShares. It tracks the MSCI EAFE IMI Net Total Return Index - CAD benchmark.
What sectors do VEQT and XEF emphasize?
VEQT is most exposed to Information Technology, Financials, and Industrials. XEF is most exposed to Financials, Industrials, and Information Technology.
Which ETF is attracting more investor flows: VEQT or XEF?
Year to date, VEQT has seen +$3,358.27 M in net flows, compared with +$3,327.54 M for XEF. VEQT has attracted more net investor money so far.
How do the fees of VEQT and XEF compare?
VEQT has an expense ratio of 0.24%, while XEF has an expense ratio of 0.23%.
What are the top holdings of VEQT and XEF?
VEQT's largest holdings include NVIDIA and ALPHABET INC-CL. XEF's top holdings include ASML HOLDING and HSBC HOLDINGS.
Which ETF is more diversified: VEQT or XEF?
VEQT holds 10689 securities, while XEF holds 2464. On holdings count, VEQT is the more diversified portfolio.
Recent articles about VEQT and XEF
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