VS
When evaluating costs, VVL features a management fee (MER) of 0.35%, compared to 0.5% for XCV. Performance-wise, VVL has returned 21.49% year-to-date with +$139 M in net flows, whereas XCV is at 28.89% with +$108 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
VVL
XCV
| AuM | $860.51 M | $255.39 M |
| Management Fees | 0.35% | 0.50% |
| Exp. ratio | 0.38% | 0.55% |
| Tracking Difference | - | -1.01% |
Historical performance and flows
As of July 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VVL | +5.45% | +12.71% | +21.49% | +37.35% | +82.90% |
XCV | +4.16% | +13.90% | +28.89% | +55.76% | +121.53% | |
| Flows | VVL | +$11 M | +$38 M | +$139 M | +$202 M | +$266 M |
XCV | +$6 M | +$64 M | +$108 M | +$117 M | +$81 M |
VVL vs XCV exposure
Countries
VVL
Exposure data will be available soon
XCV
Canada
99.63%
Sectors
VVL
Exposure data will be available soon
XCV
Finance
62.92%
Energy
25.23%
Other
11.85%
As of July 28, 2026
Top 10 Holdings
VVL
Exposure data will be available soon
XCV
The Toronto-Dominion Bank
10.51%
Royal Bank of Canada
10.36%
Bank of Montreal
8.04%
Enbridge, Inc.
7.69%
The Bank of Nova Scotia
6.94%
Canadian Imperial Bank of Commerce
6.88%
Canadian Natural Resources Ltd.
5.36%
TC Energy Corp.
4.48%
Manulife Financial Corp.
4.40%
Suncor Energy, Inc.
4.12%
Diversification
VVL
Exposure data will be available soon
XCV
Total weight of top 10 holdings out of 35 total
68.79%
Characteristics
Compare
VVL
XCV
| Provider | Vanguard | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | Dow Jones Canada Select Value Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.56% | 2.14% |
| Meets ESG criteria | No | No |
| Inception Date | June 22, 2016 | November 6, 2006 |
Frequently asked questions about VVL and XCV
Which ETF has performed better year to date: VVL or XCV?
As of July 28, 2026, VVL has returned 21.49% year to date, while XCV has returned 28.89%. XCV is ahead on YTD performance.
Which ETF is larger by assets under management: VVL or XCV?
As of July 28, 2026, VVL manages $860.51 M in assets, while XCV manages $255.39 M. VVL is the larger fund by AUM.
How are VVL and XCV managed?
VVL is actively managed by Vanguard. It does not track an index. XCV is passively managed by iShares. It tracks the Dow Jones Canada Select Value Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: VVL or XCV?
Year to date, VVL has seen +$138.68 M in net flows, compared with +$107.58 M for XCV. VVL has attracted more net investor money so far.
How do the fees of VVL and XCV compare?
VVL has an expense ratio of 0.38%, while XCV has an expense ratio of 0.55%.
Recent articles about VVL and XCV
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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.