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Compare iShares Core MSCI All Country World ex Canada Index ETF (XAW.U) vs Vanguard FTSE Global All Cap ex Canada Index ETF (VXC) to find the best fit for your portfolio. XAW.U and VXC provide the same top sector exposures: Technology, Finance, and Industrials. When evaluating costs, XAW.U features a management fee (MER) of 0.2%, compared to 0.2% for VXC. Performance-wise, XAW.U has returned 14.95% year-to-date with +$8 M in net flows, whereas VXC is at 17.36% with +$268 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
XAW.U
VXC
| AuM | $25.87 M | $3,653.07 M |
| Management Fees | 0.20% | 0.20% |
| Exp. ratio | 0.22% | 0.22% |
| Tracking Difference | - | -0.11% |
Historical performance and flows
As of September 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XAW.U | +0.43% | +2.20% | +14.95% | +18.40% | +78.59% |
VXC | +2.32% | +1.32% | +17.36% | +19.90% | +87.62% | |
| Flows | XAW.U | +$1 M | +$3 M | +$8 M | +$8 M | +$11 M |
VXC | -$26 M | +$139 M | +$268 M | +$407 M | +$804 M |
XAW.U vs VXC exposure
Countries
XAW.U
USA
62.99%
Other
37.01%
VXC
USA
61.83%
Other
38.17%
Sectors
XAW.U
Technology
34.50%
Finance
18.74%
Industrials
10.13%
Healthcare
8.51%
Consumer Non-Cyclicals
8.22%
Other
19.89%
VXC
Technology
34.30%
Finance
18.30%
Industrials
10.27%
Healthcare
8.48%
Consumer Non-Cyclicals
8.29%
Other
20.36%
As of September 21, 2026
Top 10 Holdings
XAW.U
Apple, Inc.
4.46%
NVIDIA Corp.
4.30%
Microsoft Corp.
3.05%
Amazon.com, Inc.
2.10%
Alphabet, Inc.
1.78%
Broadcom Inc.
1.67%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.62%
Alphabet, Inc.
1.44%
Meta Platforms, Inc.
1.08%
Micron Technology, Inc.
0.90%
VXC
NVIDIA Corp.
4.15%
Apple, Inc.
4.08%
Microsoft Corp.
3.10%
Amazon.com, Inc.
2.36%
Alphabet, Inc.
1.88%
Broadcom Inc.
1.66%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.57%
Alphabet, Inc.
1.50%
Meta Platforms, Inc.
1.10%
Eli Lilly & Co.
0.88%
Diversification
XAW.U
Total weight of top 10 holdings out of 8,085 total
22.39%
VXC
Total weight of top 10 holdings out of 10,275 total
22.28%
Characteristics
Compare
XAW.U
VXC
| Provider | iShares | Vanguard |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI ACWI ex Canada IMI Net Total Return Index - CAD | FTSE Global All Cap ex Canada China A Inclusion Net Tax Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.19% | 1.21% |
| Meets ESG criteria | No | No |
| Inception Date | October 22, 2019 | June 30, 2014 |
Frequently asked questions about XAW.U and VXC
Which ETF has performed better year to date: XAW.U or VXC?
As of September 21, 2026, XAW.U has returned 14.95% year to date, while VXC has returned 17.36%. VXC is ahead on YTD performance.
Which ETF is larger by assets under management: XAW.U or VXC?
As of September 21, 2026, XAW.U manages $25.87 M in assets, while VXC manages $3.65 B. VXC is the larger fund by AUM.
How are XAW.U and VXC managed?
XAW.U is passively managed by iShares. It tracks the MSCI ACWI ex Canada IMI Net Total Return Index - CAD benchmark. VXC is passively managed by Vanguard. It tracks the FTSE Global All Cap ex Canada China A Inclusion Net Tax Index - CAD benchmark.
What sectors do XAW.U and VXC emphasize?
XAW.U is most exposed to Technology, Finance, and Industrials. VXC is most exposed to Technology, Finance, and Industrials.
Which ETF is attracting more investor flows: XAW.U or VXC?
Year to date, XAW.U has seen +$8.23 M in net flows, compared with +$268.40 M for VXC. VXC has attracted more net investor money so far.
How do the fees of XAW.U and VXC compare?
XAW.U has an expense ratio of 0.22%, while VXC has an expense ratio of 0.22%.
What are the top holdings of XAW.U and VXC?
XAW.U's largest holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc.. VXC's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: XAW.U or VXC?
XAW.U holds 7986 securities, while VXC holds 9829. On holdings count, VXC is the more diversified portfolio.
Recent articles about XAW.U and VXC
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