VS
Compare Vanguard Canadian Short-Term Corporate Bond Index ETF (VSC) vs iShares Canadian Corporate Bond Index ETF (XCB) to find the best fit for your portfolio. VSC provides Finance, Energy, and Telecommunications exposures, while XCB is primarily weighted in Finance, Utilities, and Energy. When evaluating costs, VSC features a management fee (MER) of 0.1%, compared to 0.15% for XCB. Performance-wise, VSC has returned 1.24% year-to-date with +$343 M in net flows, whereas XCB is at 0.44% with +$900 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
VSC
XCB
| AuM | $1,623.96 M | $3,619.20 M |
| Management Fees | 0.10% | 0.15% |
| Exp. ratio | 0.11% | 0.17% |
| Tracking Difference | -0.19% | - |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VSC | -0.35% | +0.02% | +1.24% | +2.81% | +20.55% |
XCB | -0.98% | -1.34% | +0.44% | +2.65% | +19.01% | |
| Flows | VSC | +$67 M | +$142 M | +$343 M | +$538 M | +$586 M |
XCB | +$265 M | +$404 M | +$900 M | +$1,337 M | +$1,942 M |
VSC vs XCB exposure
Countries
VSC
Canada
88.89%
USA
8.55%
XCB
Canada
90.82%
USA
7.96%
Sectors
VSC
Finance
65.86%
Energy
7.68%
Other
26.45%
XCB
Finance
43.65%
Utilities
15.37%
Energy
13.73%
Industrials
8.75%
Other
18.50%
As of September 2, 2026
Top 10 Holdings
VSC
Royal Bank of Canada, 3.572% 9dec2031, CAD
1.15%
Toronto-Dominion Bank, 3.687% 9jan2032, CAD
0.92%
Bank of Nova Scotia, 3.61% 30jan2032, CAD
0.91%
Royal Bank of Canada, 4.632% 1may2028, CAD
0.91%
CIBC, 3.65% 13jan2032, CAD
0.86%
Bank of Montreal, 4.709% 7dec2027, CAD
0.85%
Bank of Nova Scotia, 3.734% 27jun2031, CAD
0.83%
Toronto-Dominion Bank, 4.477% 18jan2028, CAD
0.81%
Bank of Montreal, 3.19% 1mar2028, CAD
0.79%
Bank of Montreal, 3.539% 3mar2032, CAD
0.77%
XCB
Amazon.com, 5% 12jun2056, CAD
0.62%
Bank of Nova Scotia, 3.61% 30jan2032, CAD
0.53%
Amazon.com, 4.35% 12jun2036, CAD
0.52%
Royal Bank of Canada, 3.572% 9dec2031, CAD
0.52%
CIBC, 3.65% 13jan2032, CAD
0.45%
Toronto-Dominion Bank, 3.687% 9jan2032, CAD
0.45%
Bank of Nova Scotia, 3.734% 27jun2031, CAD
0.41%
Alphabet, 5% 15may2056, CAD
0.41%
Royal Bank of Canada, 4.632% 1may2028, CAD
0.39%
Toronto-Dominion Bank, 4.68% 8jan2029, CAD
0.38%
Diversification
VSC
Total weight of top 10 holdings out of 450 total
8.81%
XCB
Total weight of top 10 holdings out of 1,325 total
4.67%
Characteristics
Compare
VSC
XCB
| Provider | Vanguard | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Bloomberg Global Aggregate Canadian Credit 1-5Y Total Return Index - CAD | FTSE Canada All Corporate Bond TR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.03% | 4.25% |
| Meets ESG criteria | No | No |
| Inception Date | November 2, 2012 | November 6, 2006 |
Frequently asked questions about VSC and XCB
Which ETF has performed better year to date: VSC or XCB?
As of September 2, 2026, VSC has returned 1.24% year to date, while XCB has returned 0.44%. VSC is ahead on YTD performance.
Which ETF is larger by assets under management: VSC or XCB?
As of September 2, 2026, VSC manages $1.62 B in assets, while XCB manages $3.62 B. XCB is the larger fund by AUM.
How are VSC and XCB managed?
VSC is passively managed by Vanguard. It tracks the Bloomberg Global Aggregate Canadian Credit 1-5Y Total Return Index - CAD benchmark. XCB is passively managed by iShares. It tracks the FTSE Canada All Corporate Bond TR Index - CAD benchmark.
What sectors do VSC and XCB emphasize?
VSC is most exposed to Finance, Energy, and Telecommunications. XCB is most exposed to Finance, Utilities, and Energy.
Which ETF is attracting more investor flows: VSC or XCB?
Year to date, VSC has seen +$343.34 M in net flows, compared with +$900.48 M for XCB. XCB has attracted more net investor money so far.
How do the fees of VSC and XCB compare?
VSC has an expense ratio of 0.11%, while XCB has an expense ratio of 0.17%.
What are the top holdings of VSC and XCB?
VSC's largest holdings include Royal Bank of Canada, 3.572% 9dec2031, CAD, Toronto-Dominion Bank, 3.687% 9jan2032, CAD, and Bank of Nova Scotia, 3.61% 30jan2032, CAD. XCB's top holdings include Amazon.com, 5% 12jun2056, CAD, Bank of Nova Scotia, 3.61% 30jan2032, CAD, and Amazon.com, 4.35% 12jun2036, CAD.
Which ETF is more diversified: VSC or XCB?
VSC holds 450 securities, while XCB holds 1325. On holdings count, XCB is the more diversified portfolio.
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.