VS
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: Information Technology, Financials, 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 13.03% year-to-date with +$119 M in net flows, whereas XAW is at 13.28% with +$206 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 | $3,386.38 M | $4,312.00 M |
| Management Fees | 0.20% | 0.20% |
| Exp. ratio | 0.22% | 0.22% |
| Tracking Difference | 0.07% | -0.17% |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VXC | +3.36% | +14.48% | +13.03% | +28.81% | +80.09% |
XAW | +3.19% | +14.61% | +13.28% | +28.87% | +78.19% | |
| Flows | VXC | -$38 M | +$6 M | +$119 M | +$313 M | +$661 M |
XAW | +$89 M | +$65 M | +$206 M | +$538 M | +$860 M |
VXC vs XAW exposure
Countries
VXC
USA
60.89%
Other
39.11%
XAW
USA
62.15%
Other
37.85%
Sectors
VXC
Information Technology
27.69%
Financials
13.64%
Industrials
11.23%
Consumer Discretionary
9.45%
Communication Services
8.03%
Health Care
7.55%
Other
22.40%
XAW
Information Technology
28.15%
Financials
13.84%
Industrials
11.23%
Consumer Discretionary
9.57%
Communication Services
8.19%
Health Care
7.41%
Other
21.62%
As of June 12, 2026
Top 10 Holdings
VXC
NVIDIA
4.29%
APPLE
3.71%
MICROSOFT-T
2.82%
AMAZON.COM INC
2.38%
ALPHABET INC-CL
2.08%
BROADCOM LIMITED
1.84%
ALPHABET INC-CL
1.65%
TWN SEMICONT MAN
1.53%
META PLATFORMS
1.25%
TESLA
1.00%
XAW
NVIDIA
4.54%
APPLE
3.73%
MICROSOFT-T
2.83%
AMAZON.COM INC
2.42%
ALPHABET INC-CL
2.10%
BROADCOM LIMITED
1.85%
ALPHABET INC-CL
1.67%
TWN SEMICONT MAN
1.58%
META PLATFORMS
1.25%
TESLA
1.00%
Diversification
VXC
Total weight of top 10 holdings out of 10,306 total
22.53%
XAW
Total weight of top 10 holdings out of 8,150 total
22.97%
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 | 1.23% | 1.17% |
| 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 June 12, 2026, VXC has returned 13.03% year to date, while XAW has returned 13.28%. XAW is ahead on YTD performance.
Which ETF is larger by assets under management: VXC or XAW?
As of June 12, 2026, VXC manages $3.39 B in assets, while XAW manages $4.31 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 Information Technology, Financials, and Industrials. XAW is most exposed to Information Technology, Financials, and Industrials.
Which ETF is attracting more investor flows: VXC or XAW?
Year to date, VXC has seen +$118.99 M in net flows, compared with +$206.33 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 and ALPHABET INC-CL. XAW's top holdings include NVIDIA and ALPHABET INC-CL.
Which ETF is more diversified: VXC or XAW?
VXC holds 9327 securities, while XAW holds 7267. On holdings count, VXC is the more diversified portfolio.
Recent articles about VXC and XAW
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.