VS
When evaluating costs, VVO features a management fee (MER) of 0.35%, compared to 0.3% for XMV. Performance-wise, VVO has returned 7.38% year-to-date with +$4 M in net flows, whereas XMV is at 12.56% with -$16 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
VVO
XMV
| AuM | $44.28 M | $396.64 M |
| Management Fees | 0.35% | 0.30% |
| Exp. ratio | 0.39% | 0.34% |
| Tracking Difference | - | -0.44% |
Historical performance and flows
As of September 8, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VVO | -2.20% | +1.06% | +7.38% | +8.84% | +38.48% |
XMV | -0.71% | +3.83% | +12.56% | +19.02% | +76.28% | |
| Flows | VVO | +$0 M | +$2 M | +$4 M | +$6 M | +$3 M |
XMV | +$3 M | -$27 M | -$16 M | +$2 M | +$82 M |
VVO vs XMV exposure
Countries
VVO
Exposure data will be available soon
XMV
Canada
95.00%
Sectors
VVO
Exposure data will be available soon
XMV
Finance
37.09%
Energy
14.44%
Consumer Non-Cyclicals
9.63%
Industrials
8.22%
Non-Energy Materials
7.54%
Utilities
7.31%
Other
15.78%
As of September 8, 2026
Top 10 Holdings
VVO
Exposure data will be available soon
XMV
Bank of Montreal
3.34%
Royal Bank of Canada
3.30%
The Bank of Nova Scotia
3.28%
Canadian National Railway Co.
3.23%
The Toronto-Dominion Bank
3.20%
Great-West Lifeco, Inc.
3.19%
Canadian Imperial Bank of Commerce
3.03%
Fortis, Inc.
2.94%
National Bank of Canada
2.91%
Canadian Pacific Kansas City Ltd.
2.83%
Diversification
VVO
Exposure data will be available soon
XMV
Total weight of top 10 holdings out of 72 total
31.24%
Characteristics
Compare
VVO
XMV
| Provider | Vanguard | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | MSCI Canada Minimum Volatility Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.99% | 2.06% |
| Meets ESG criteria | No | No |
| Inception Date | June 22, 2016 | July 24, 2012 |
Frequently asked questions about VVO and XMV
Which ETF has performed better year to date: VVO or XMV?
As of September 8, 2026, VVO has returned 7.38% year to date, while XMV has returned 12.56%. XMV is ahead on YTD performance.
Which ETF is larger by assets under management: VVO or XMV?
As of September 8, 2026, VVO manages $44.28 M in assets, while XMV manages $396.64 M. XMV is the larger fund by AUM.
How are VVO and XMV managed?
VVO is actively managed by Vanguard. It does not track an index. XMV is passively managed by iShares. It tracks the MSCI Canada Minimum Volatility Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: VVO or XMV?
Year to date, VVO has seen +$4.17 M in net flows, compared with -$16.08 M for XMV. VVO has attracted more net investor money so far.
How do the fees of VVO and XMV compare?
VVO has an expense ratio of 0.39%, while XMV has an expense ratio of 0.34%.
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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.