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Compare Vanguard FTSE Global All Cap ex Canada Index ETF (VXC) vs iShares Core MSCI All Country World ex Canada Index ETF (XAW) to find the best fit for your portfolio. VXC and XAW provide the same top sector exposures: Technology, Finance, and Industrials. When evaluating costs, VXC features a management fee (MER) of 0.2%, compared to 0.2% for XAW. Performance-wise, VXC has returned 14.98% year-to-date with +$264 M in net flows, whereas XAW is at 15.3% with +$440 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
VXC
XAW
| AuM | $3,574.79 M | $4,593.86 M |
| Management Fees | 0.20% | 0.20% |
| Exp. ratio | 0.22% | 0.22% |
| Tracking Difference | -0.11% | -0.23% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VXC | -0.96% | +2.42% | +14.98% | +18.72% | +76.94% |
XAW | -0.97% | +2.16% | +15.30% | +19.01% | +75.40% | |
| Flows | VXC | +$11 M | +$146 M | +$264 M | +$410 M | +$799 M |
XAW | +$103 M | +$240 M | +$440 M | +$695 M | +$1,032 M |
VXC vs XAW exposure
Countries
VXC
USA
61.83%
Other
38.17%
XAW
USA
62.99%
Other
37.01%
Sectors
VXC
Technology
34.30%
Finance
18.30%
Industrials
10.27%
Healthcare
8.48%
Consumer Non-Cyclicals
8.29%
Other
20.36%
XAW
Technology
34.50%
Finance
18.74%
Industrials
10.13%
Healthcare
8.51%
Consumer Non-Cyclicals
8.22%
Other
19.89%
As of September 11, 2026
Top 10 Holdings
VXC
NVIDIA Corp.
4.15%
Apple, Inc.
4.08%
Microsoft Corp.
3.10%
Amazon.com, Inc.
2.36%
Alphabet, Inc.
1.88%
Broadcom Inc.
1.66%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.57%
Alphabet, Inc.
1.50%
Meta Platforms, Inc.
1.10%
Eli Lilly & Co.
0.88%
XAW
Apple, Inc.
4.46%
NVIDIA Corp.
4.30%
Microsoft Corp.
3.05%
Amazon.com, Inc.
2.10%
Alphabet, Inc.
1.78%
Broadcom Inc.
1.67%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.62%
Alphabet, Inc.
1.44%
Meta Platforms, Inc.
1.08%
Micron Technology, Inc.
0.90%
Diversification
VXC
Total weight of top 10 holdings out of 10,275 total
22.28%
XAW
Total weight of top 10 holdings out of 8,085 total
22.39%
Characteristics
Compare
VXC
XAW
| Provider | Vanguard | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Global All Cap ex Canada China A Inclusion Net Tax Index - CAD | MSCI ACWI ex Canada IMI Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.24% | 1.21% |
| Meets ESG criteria | No | No |
| Inception Date | June 30, 2014 | February 10, 2015 |
Frequently asked questions about VXC and XAW
Which ETF has performed better year to date: VXC or XAW?
As of September 11, 2026, VXC has returned 14.98% year to date, while XAW has returned 15.30%. XAW is ahead on YTD performance.
Which ETF is larger by assets under management: VXC or XAW?
As of September 11, 2026, VXC manages $3.57 B in assets, while XAW manages $4.59 B. XAW is the larger fund by AUM.
How are VXC and XAW managed?
VXC is passively managed by Vanguard. It tracks the FTSE Global All Cap ex Canada China A Inclusion Net Tax Index - CAD benchmark. XAW is passively managed by iShares. It tracks the MSCI ACWI ex Canada IMI Net Total Return Index - CAD benchmark.
What sectors do VXC and XAW emphasize?
VXC is most exposed to Technology, Finance, and Industrials. XAW is most exposed to Technology, Finance, and Industrials.
Which ETF is attracting more investor flows: VXC or XAW?
Year to date, VXC has seen +$264.17 M in net flows, compared with +$440.31 M for XAW. XAW has attracted more net investor money so far.
How do the fees of VXC and XAW compare?
VXC has an expense ratio of 0.22%, while XAW has an expense ratio of 0.22%.
What are the top holdings of VXC and XAW?
VXC's largest holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc.. XAW's top holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc..
Which ETF is more diversified: VXC or XAW?
VXC holds 9829 securities, while XAW holds 7986. On holdings count, VXC is the more diversified portfolio.
Recent articles about VXC and XAW
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