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Wealthsimple Shariah World Equity Index ETF (WSHR) and TD Growth ETF Portfolio (TGRO) offer distinct profiles for Canadian ETF investors. A direct comparison shows that WSHR focuses its top 3 sector exposures on Consumer Non-Cyclicals, Technology, and Non-Energy Materials, while TGRO leans towards Technology, Finance, and Industrials. When evaluating costs, WSHR features a management fee (MER) of 0.5%, compared to 0.28% for TGRO. Performance-wise, WSHR has returned 15.28% year-to-date with +$82 M in net flows, whereas TGRO is at 12.81% with +$149 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
WSHR
TGRO
| AuM | $551.84 M | $460.98 M |
| Management Fees | 0.50% | 0.28% |
| Exp. ratio | 0.57% | 0.17% |
| Tracking Difference | -0.47% | - |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | WSHR | +4.56% | +4.98% | +15.28% | +13.58% | +44.37% |
TGRO | -0.60% | +2.38% | +12.81% | +13.71% | +78.11% | |
| Flows | WSHR | +$11 M | +$35 M | +$82 M | +$101 M | +$273 M |
TGRO | +$7 M | +$25 M | +$149 M | +$180 M | +$339 M |
WSHR vs TGRO exposure
Countries
WSHR
USA
35.75%
Switzerland
10.62%
Japan
10.13%
United Kingdom
8.10%
Canada
7.33%
Other
28.08%
TGRO
USA
39.47%
Canada
24.29%
Other
15.39%
Other
20.85%
Sectors
WSHR
Consumer Non-Cyclicals
17.39%
Technology
15.47%
Non-Energy Materials
14.85%
Healthcare
13.32%
Industrials
8.95%
Energy
8.53%
Other
21.48%
TGRO
Technology
21.47%
Finance
20.89%
Other
15.39%
Industrials
8.08%
Non-Energy Materials
7.20%
Other
26.96%
As of October 16, 2026
Top 10 Holdings
WSHR
The Coca-Cola Co.
1.07%
Johnson & Johnson
1.00%
Republic Services, Inc.
0.96%
Unilever Plc
0.94%
Roper Technologies, Inc.
0.92%
Meiji Holdings Co., Ltd.
0.92%
Broadridge Financial Solutions, Inc.
0.91%
Mastercard, Inc.
0.90%
Abbott Laboratories
0.88%
Visa, Inc.
0.87%
TGRO
NVIDIA Corp.
3.08%
Apple, Inc.
2.72%
Microsoft Corp.
2.23%
Royal Bank of Canada
1.88%
Amazon.com, Inc.
1.50%
The Toronto-Dominion Bank
1.32%
Alphabet, Inc.
1.19%
Shopify, Inc.
1.15%
Broadcom Inc.
1.04%
Alphabet, Inc.
1.03%
Diversification
WSHR
Total weight of top 10 holdings out of 158 total
9.38%
TGRO
Total weight of top 10 holdings out of 1,716 total
17.13%
Characteristics
Compare
WSHR
TGRO
| Provider | Mackenzie Investments | TD Asset Management |
| Management | Passively managed | Actively managed |
| Benchmark | Dow Jones Islamic Market Developed Markets Quality and Low Volatility Index - CAD | - |
| Replication Method | Direct (Physical) | - |
| Asset Class | Equity | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.76% | 1.52% |
| Meets ESG criteria | Yes | No |
| Inception Date | May 12, 2021 | August 18, 2020 |
Frequently asked questions about WSHR and TGRO
Which ETF has performed better year to date: WSHR or TGRO?
As of October 16, 2026, WSHR has returned 15.28% year to date, while TGRO has returned 12.81%. WSHR is ahead on YTD performance.
Which ETF is larger by assets under management: WSHR or TGRO?
As of October 16, 2026, WSHR manages $551.84 M in assets, while TGRO manages $460.98 M. WSHR is the larger fund by AUM.
How are WSHR and TGRO managed?
WSHR is passively managed by Mackenzie Investments. It tracks the Dow Jones Islamic Market Developed Markets Quality and Low Volatility Index - CAD benchmark. TGRO is actively managed by TD Asset Management. It does not track an index.
What sectors do WSHR and TGRO emphasize?
WSHR is most exposed to Consumer Non-Cyclicals, Technology, and Non-Energy Materials. TGRO is most exposed to Technology, Finance, and Industrials.
Which ETF is attracting more investor flows: WSHR or TGRO?
Year to date, WSHR has seen +$81.82 M in net flows, compared with +$148.55 M for TGRO. TGRO has attracted more net investor money so far.
How do the fees of WSHR and TGRO compare?
WSHR has an expense ratio of 0.57%, while TGRO has an expense ratio of 0.17%.
What are the top holdings of WSHR and TGRO?
WSHR's largest holdings include The Coca-Cola Co., Johnson & Johnson, and Republic Services, Inc.. TGRO's top holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp..
Which ETF is more diversified: WSHR or TGRO?
WSHR holds 158 securities, while TGRO holds 1695. On holdings count, TGRO is the more diversified portfolio.
Recent articles about WSHR and TGRO
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