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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: Technology, Finance, 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 15.09% year-to-date with +$529 M in net flows, whereas VEQT is at 15.2% with +$6 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 | $4,673.20 M | $17,949.98 M |
| Management Fees | 0.20% | 0.22% |
| Exp. ratio | 0.22% | 0.24% |
| Tracking Difference | -0.09% | - |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XAW | -1.84% | +3.17% | +15.09% | +13.72% | +84.88% |
VEQT | -0.52% | +3.31% | +15.20% | +16.04% | +91.79% | |
| Flows | XAW | +$77 M | +$218 M | +$529 M | +$728 M | +$1,089 M |
VEQT | +$532 M | +$1,573 M | +$5,807 M | +$6,469 M | +$10,669 M |
XAW vs VEQT exposure
Countries
XAW
USA
63.11%
Other
36.89%
VEQT
USA
45.05%
Canada
28.70%
Other
26.25%
Sectors
XAW
Technology
37.54%
Finance
17.44%
Industrials
9.57%
Healthcare
8.44%
Consumer Non-Cyclicals
7.77%
Other
19.24%
VEQT
Technology
26.94%
Finance
24.65%
Industrials
9.09%
Non-Energy Materials
8.47%
Energy
7.36%
Other
23.49%
As of October 29, 2026
Top 10 Holdings
XAW
US4642872000
51.50%
CA46434T1057
22.26%
CA46434U1021
12.90%
US4642871507
8.27%
US4642875078
3.09%
US4642878049
1.81%
VEQT
NVIDIA Corp.
3.24%
Apple, Inc.
3.01%
Microsoft Corp.
2.36%
Royal Bank of Canada
2.34%
The Toronto-Dominion Bank
1.64%
Shopify, Inc.
1.54%
Amazon.com, Inc.
1.50%
Alphabet, Inc.
1.25%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.12%
Broadcom Inc.
1.04%
Diversification
XAW
Total weight of top 10 holdings out of 7,998 total
99.82%
VEQT
Total weight of top 10 holdings out of 12,230 total
19.05%
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 | 1.21% | 1.23% |
| 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 October 29, 2026, XAW has returned 15.09% year to date, while VEQT has returned 15.20%. VEQT is ahead on YTD performance.
Which ETF is larger by assets under management: XAW or VEQT?
As of October 29, 2026, XAW manages $4.67 B in assets, while VEQT manages $17.95 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.
Which ETF is more diversified: XAW or VEQT?
XAW holds 1 securities, while VEQT holds 11692. On holdings count, VEQT is the more diversified portfolio.
Which ETF is attracting more investor flows: XAW or VEQT?
Year to date, XAW has seen +$529.08 M in net flows, compared with +$5,807.15 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 sectors do XAW and VEQT emphasize?
XAW is most exposed to Technology, Finance, and Industrials. VEQT is most exposed to Technology, Finance, and Industrials.
Recent articles about XAW and VEQT
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