VS
Compare CI Morningstar Canada Momentum Index ETF (WXM) vs Vanguard FTSE Canada All Cap Index ETF (VCN) to find the best fit for your portfolio. WXM provides Finance, Non-Energy Materials, and Industrials exposures, while VCN is primarily weighted in Finance, Non-Energy Materials, and Energy. When evaluating costs, WXM features a management fee (MER) of 0.6%, compared to 0.05% for VCN. Performance-wise, WXM has returned 14.38% year-to-date with +$96 M in net flows, whereas VCN is at 15.05% with +$3 B. 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
WXM
VCN
| AuM | $1,113.49 M | $18,061.00 M |
| Management Fees | 0.60% | 0.05% |
| Exp. ratio | 0.65% | 0.06% |
| Tracking Difference | -0.93% | -0.06% |
Historical performance and flows
As of October 19, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | WXM | +0.48% | +0.68% | +14.38% | +24.20% | +123.69% |
VCN | -0.05% | +3.36% | +15.05% | +20.41% | +103.13% | |
| Flows | WXM | -$5 M | -$459 M | +$96 M | +$83 M | +$41 M |
VCN | +$371 M | +$944 M | +$3,416 M | +$4,018 M | +$6,510 M |
WXM vs VCN exposure
Countries
WXM
Canada
93.46%
VCN
Canada
96.50%
Sectors
WXM
Finance
28.32%
Non-Energy Materials
22.41%
Industrials
15.37%
Other
33.90%
VCN
Finance
41.26%
Non-Energy Materials
18.95%
Energy
16.67%
Industrials
7.37%
Other
15.76%
As of October 19, 2026
Top 10 Holdings
WXM
DPM Metals, Inc.
4.79%
K92 Mining, Inc.
4.37%
Altius Minerals Corp.
3.89%
Great-West Lifeco, Inc.
3.78%
Teck Resources Limited
3.71%
Restaurant Brands International, Inc.
3.68%
IGM Financial, Inc.
3.65%
CES Energy Solutions Corp.
3.61%
PrairieSky Royalty Ltd.
3.60%
The Toronto-Dominion Bank
3.58%
VCN
Royal Bank of Canada
7.76%
The Toronto-Dominion Bank
5.49%
Shopify, Inc.
4.90%
Bank of Montreal
3.27%
The Bank of Nova Scotia
3.06%
Enbridge, Inc.
3.00%
Canadian Imperial Bank of Commerce
2.83%
Agnico Eagle Mines Ltd.
2.80%
Canadian Natural Resources Ltd.
2.78%
Brookfield Corp.
2.34%
Diversification
WXM
Total weight of top 10 holdings out of 31 total
38.68%
VCN
Total weight of top 10 holdings out of 209 total
38.24%
Characteristics
Compare
WXM
VCN
| Provider | CI | Vanguard |
| Management | Passively managed | Passively managed |
| Benchmark | Morningstar Canada Target Momentum Total Return Index - CAD | FTSE Canada All Cap Domestic Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.14% | 2.01% |
| Meets ESG criteria | No | No |
| Inception Date | February 13, 2012 | August 2, 2013 |
Frequently asked questions about WXM and VCN
Which ETF has performed better year to date: WXM or VCN?
As of October 19, 2026, WXM has returned 14.38% year to date, while VCN has returned 15.05%. VCN is ahead on YTD performance.
Which ETF is larger by assets under management: WXM or VCN?
As of October 19, 2026, WXM manages $1.11 B in assets, while VCN manages $18.06 B. VCN is the larger fund by AUM.
How are WXM and VCN managed?
WXM is passively managed by CI. It tracks the Morningstar Canada Target Momentum Total Return Index - CAD benchmark. VCN is passively managed by Vanguard. It tracks the FTSE Canada All Cap Domestic Total Return Index - CAD benchmark.
What sectors do WXM and VCN emphasize?
WXM is most exposed to Finance, Non-Energy Materials, and Industrials. VCN is most exposed to Finance, Non-Energy Materials, and Energy.
Which ETF is attracting more investor flows: WXM or VCN?
Year to date, WXM has seen +$96.37 M in net flows, compared with +$3,416.23 M for VCN. VCN has attracted more net investor money so far.
How do the fees of WXM and VCN compare?
WXM has an expense ratio of 0.65%, while VCN has an expense ratio of 0.06%.
What are the top holdings of WXM and VCN?
WXM's largest holdings include DPM Metals, Inc., K92 Mining, Inc., and Altius Minerals Corp.. VCN's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: WXM or VCN?
WXM holds 31 securities, while VCN holds 208. On holdings count, VCN is the more diversified portfolio.
Recent articles about WXM and VCN
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