VS
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 6.17% year-to-date with +$127 M in net flows, whereas VEQT is at 6% with +$2 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 | $3,965.34 M | $13,299.78 M |
| Management Fees | 0.20% | 0.22% |
| Exp. ratio | 0.22% | 0.24% |
| Tracking Difference | 0.39% | - |
Historical performance and flows
As of April 27, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XAW | +9.71% | +2.74% | +6.17% | +29.54% | +69.49% |
VEQT | +8.21% | +2.68% | +6.00% | +31.77% | +72.14% | |
| Flows | XAW | +$56 M | +$34 M | +$127 M | +$488 M | +$766 M |
VEQT | +$441 M | +$1,648 M | +$2,365 M | +$4,458 M | +$7,552 M |
XAW vs VEQT exposure
Countries
XAW
USA
61.62%
Other
38.38%
VEQT
USA
41.93%
Canada
31.08%
Other
26.99%
Sectors
XAW
Information Technology
26.01%
Financials
14.33%
Industrials
11.29%
Consumer Discretionary
9.63%
Health Care
8.16%
Communication Services
7.84%
Other
22.73%
VEQT
Information Technology
19.46%
Financials
18.64%
Industrials
9.77%
Other
8.52%
Energy
8.46%
Consumer Discretionary
7.52%
Other
27.64%
As of April 27, 2026
Top 10 Holdings
XAW
NVIDIA
4.34%
APPLE
3.81%
MICROSOFT-T
2.81%
AMAZON.COM INC
2.08%
ALPHABET INC-CL
1.71%
BROADCOM LIMITED
1.50%
TWN SEMICONT MAN
1.44%
ALPHABET INC-CL
1.37%
META PLATFORMS
1.28%
TESLA
1.07%
VEQT
NVIDIA
2.78%
APPLE
2.57%
ROYAL BK CANADA
2.13%
MICROSOFT-T
1.90%
TORONTO DOMINION
1.47%
AMAZON.COM INC
1.39%
SHOPIFY SUBORDINATE VOTING
1.37%
ALPHABET INC-CL
1.16%
ENBRIDGE
1.11%
BROADCOM LIMITED
1.01%
Diversification
XAW
Total weight of top 10 holdings out of 8,114 total
21.42%
VEQT
Total weight of top 10 holdings out of 12,196 total
16.89%
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 | 1.25% | 1.34% |
| 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 April 27, 2026, XAW has returned 6.17% year to date, while VEQT has returned 6.00%. XAW is ahead on YTD performance.
Which ETF is larger by assets under management: XAW or VEQT?
As of April 27, 2026, XAW manages $3.97 B in assets, while VEQT manages $13.30 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 +$126.69 M in net flows, compared with +$2,365.07 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 APPLE. VEQT's top holdings include NVIDIA and APPLE.
Which ETF is more diversified: XAW or VEQT?
XAW holds 7266 securities, while VEQT holds 10736. On holdings count, VEQT is the more diversified portfolio.
Recent articles about XAW and VEQT
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