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Compare iShares Core MSCI All Country World ex Canada Index ETF (XAW) vs Vanguard All-Equity ETF Portfolio (VEQT) to find the best fit for your portfolio. XAW and VEQT provide the same top sector exposures: Information Technology, Financials, and Industrials. When evaluating costs, XAW features a management fee (MER) of 0.2%, compared to 0.22% for VEQT. Performance-wise, XAW has returned 13.28% year-to-date with +$206 M in net flows, whereas VEQT is at 12.4% 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
XAW
VEQT
| AuM | $4,312.00 M | $15,141.31 M |
| Management Fees | 0.20% | 0.22% |
| Exp. ratio | 0.22% | 0.24% |
| Tracking Difference | -0.17% | - |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XAW | +3.19% | +14.61% | +13.28% | +28.87% | +78.19% |
VEQT | +2.95% | +12.14% | +12.40% | +30.36% | +82.14% | |
| Flows | XAW | +$89 M | +$65 M | +$206 M | +$538 M | +$860 M |
VEQT | +$791 M | +$1,715 M | +$3,382 M | +$5,216 M | +$8,497 M |
XAW vs VEQT exposure
Countries
XAW
USA
62.15%
Other
37.85%
VEQT
USA
42.79%
Canada
30.41%
Other
26.80%
Sectors
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%
VEQT
Information Technology
20.97%
Financials
18.75%
Industrials
9.79%
Other
8.61%
Energy
7.97%
Consumer Discretionary
7.50%
Other
26.40%
As of June 12, 2026
Top 10 Holdings
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%
VEQT
NVIDIA
2.95%
APPLE
2.55%
ROYAL BK CANADA
2.18%
MICROSOFT-T
1.94%
AMAZON.COM INC
1.64%
TORONTO DOMINION
1.57%
ALPHABET INC-CL
1.43%
SHOPIFY SUBORDINATE VOTING
1.29%
BROADCOM LIMITED
1.27%
ALPHABET INC-CL
1.13%
Diversification
XAW
Total weight of top 10 holdings out of 8,150 total
22.97%
VEQT
Total weight of top 10 holdings out of 12,167 total
17.93%
Characteristics
Compare
XAW
VEQT
| Provider | iShares | Vanguard |
| Management | Passively managed | Actively managed |
| Benchmark | MSCI ACWI ex Canada IMI Net Total Return Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.17% | 1.26% |
| Meets ESG criteria | No | No |
| Inception Date | February 10, 2015 | February 5, 2019 |
Frequently asked questions about XAW and VEQT
Which ETF has performed better year to date: XAW or VEQT?
As of June 12, 2026, XAW has returned 13.28% year to date, while VEQT has returned 12.40%. XAW is ahead on YTD performance.
Which ETF is larger by assets under management: XAW or VEQT?
As of June 12, 2026, XAW manages $4.31 B in assets, while VEQT manages $15.14 B. VEQT is the larger fund by AUM.
How are XAW and VEQT managed?
XAW is passively managed by iShares. It tracks the MSCI ACWI ex Canada IMI Net Total Return Index - CAD benchmark. VEQT is actively managed by Vanguard. It does not track an index.
What sectors do XAW and VEQT emphasize?
XAW is most exposed to Information Technology, Financials, and Industrials. VEQT is most exposed to Information Technology, Financials, and Industrials.
Which ETF is attracting more investor flows: XAW or VEQT?
Year to date, XAW has seen +$206.33 M in net flows, compared with +$3,382.42 M for VEQT. VEQT has attracted more net investor money so far.
How do the fees of XAW and VEQT compare?
XAW has an expense ratio of 0.22%, while VEQT has an expense ratio of 0.24%.
What are the top holdings of XAW and VEQT?
XAW's largest holdings include NVIDIA and ALPHABET INC-CL. VEQT's top holdings include NVIDIA and ALPHABET INC-CL.
Which ETF is more diversified: XAW or VEQT?
XAW holds 7267 securities, while VEQT holds 10689. On holdings count, VEQT is the more diversified portfolio.
Recent articles about XAW and VEQT
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