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Vanguard FTSE Global All Cap ex Canada Index ETF (VXC) and iShares MSCI World Index ETF (XWD) offer distinct profiles for Canadian ETF investors. A direct comparison shows that VXC focuses its top 3 sector exposures on Technology, Finance, and Industrials, while XWD leans towards Technology, Finance, and Industrials. When evaluating costs, VXC features a management fee (MER) of 0.2%, compared to 0.44% for XWD. Performance-wise, VXC has returned 15.48% year-to-date with +$258 M in net flows, whereas XWD is at 14.5% with +$88 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
XWD
| AuM | $3,584.47 M | $1,776.80 M |
| Management Fees | 0.20% | 0.44% |
| Exp. ratio | 0.22% | 0.48% |
| Tracking Difference | -0.11% | - |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VXC | -1.45% | +1.71% | +15.48% | +22.73% | +76.76% |
XWD | -1.38% | +2.82% | +14.50% | +21.47% | +75.00% | |
| Flows | VXC | +$69 M | +$63 M | +$258 M | +$409 M | +$792 M |
XWD | +$24 M | +$61 M | +$88 M | +$154 M | +$308 M |
VXC vs XWD exposure
Countries
VXC
USA
61.15%
Other
38.85%
XWD
USA
69.04%
Other
30.96%
Sectors
VXC
Technology
34.31%
Finance
18.30%
Industrials
10.07%
Healthcare
8.48%
Consumer Non-Cyclicals
8.29%
Other
20.55%
XWD
Technology
35.11%
Finance
18.70%
Industrials
9.59%
Healthcare
8.91%
Consumer Non-Cyclicals
8.58%
Other
19.12%
As of September 3, 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%
XWD
Apple, Inc.
5.46%
NVIDIA Corp.
5.27%
Microsoft Corp.
3.74%
Amazon.com, Inc.
2.57%
Alphabet, Inc.
2.18%
Broadcom Inc.
2.05%
Alphabet, Inc.
1.76%
Meta Platforms, Inc.
1.32%
Micron Technology, Inc.
1.10%
JPMorgan Chase & Co.
1.05%
Diversification
VXC
Total weight of top 10 holdings out of 10,275 total
22.28%
XWD
Total weight of top 10 holdings out of 1,238 total
26.51%
Characteristics
Compare
VXC
XWD
| Provider | Vanguard | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Global All Cap ex Canada China A Inclusion Net Tax Index - CAD | MSCI World Daily Total Return Net Index - USD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.23% | 1.18% |
| Meets ESG criteria | No | No |
| Inception Date | June 30, 2014 | June 18, 2009 |
Frequently asked questions about VXC and XWD
Which ETF has performed better year to date: VXC or XWD?
As of September 3, 2026, VXC has returned 15.48% year to date, while XWD has returned 14.50%. VXC is ahead on YTD performance.
Which ETF is larger by assets under management: VXC or XWD?
As of September 3, 2026, VXC manages $3.58 B in assets, while XWD manages $1.78 B. VXC is the larger fund by AUM.
How are VXC and XWD managed?
VXC is passively managed by Vanguard. It tracks the FTSE Global All Cap ex Canada China A Inclusion Net Tax Index - CAD benchmark. XWD is passively managed by iShares. It tracks the MSCI World Daily Total Return Net Index - USD benchmark.
What sectors do VXC and XWD emphasize?
VXC is most exposed to Technology, Finance, and Industrials. XWD is most exposed to Technology, Finance, and Industrials.
Which ETF is attracting more investor flows: VXC or XWD?
Year to date, VXC has seen +$258.26 M in net flows, compared with +$88.28 M for XWD. VXC has attracted more net investor money so far.
How do the fees of VXC and XWD compare?
VXC has an expense ratio of 0.22%, while XWD has an expense ratio of 0.48%.
What are the top holdings of VXC and XWD?
VXC's largest holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc.. XWD's top holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc..
Which ETF is more diversified: VXC or XWD?
VXC holds 9783 securities, while XWD holds 1217. On holdings count, VXC is the more diversified portfolio.
Recent articles about VXC and XWD
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