VS
Compare iShares Core MSCI All Country World ex Canada Index ETF (XAW.U) vs iShares Core MSCI All Country World ex Canada Index ETF (XAW) to find the best fit for your portfolio. XAW.U and XAW 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 XAW. Performance-wise, XAW.U has returned 14.95% year-to-date with +$8 M in net flows, whereas XAW is at 17.52% with +$458 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
XAW
| AuM | $25.87 M | $4,700.27 M |
| Management Fees | 0.20% | 0.20% |
| Exp. ratio | 0.22% | 0.22% |
| Tracking Difference | - | -0.23% |
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% |
XAW | +2.18% | +1.21% | +17.52% | +20.16% | +85.46% | |
| Flows | XAW.U | +$1 M | +$3 M | +$8 M | +$8 M | +$11 M |
XAW | +$73 M | +$199 M | +$458 M | +$708 M | +$1,046 M |
XAW.U vs XAW exposure
Countries
XAW.U
USA
62.99%
Other
37.01%
XAW
USA
62.99%
Other
37.01%
Sectors
XAW.U
Technology
34.50%
Finance
18.74%
Industrials
10.13%
Healthcare
8.51%
Consumer Non-Cyclicals
8.22%
Other
19.89%
XAW
Technology
34.50%
Finance
18.74%
Industrials
10.13%
Healthcare
8.51%
Consumer Non-Cyclicals
8.22%
Other
19.89%
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%
XAW
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%
Diversification
XAW.U
Total weight of top 10 holdings out of 8,085 total
22.39%
XAW
Total weight of top 10 holdings out of 8,085 total
22.39%
Characteristics
Compare
XAW.U
XAW
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI ACWI ex Canada IMI Net Total Return Index - CAD | MSCI ACWI ex Canada IMI Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.19% | 1.18% |
| Meets ESG criteria | No | No |
| Inception Date | October 22, 2019 | February 10, 2015 |
Frequently asked questions about XAW.U and XAW
Which ETF has performed better year to date: XAW.U or XAW?
As of September 21, 2026, XAW.U has returned 14.95% year to date, while XAW has returned 17.52%. XAW is ahead on YTD performance.
Which ETF is larger by assets under management: XAW.U or XAW?
As of September 21, 2026, XAW.U manages $25.87 M in assets, while XAW manages $4.70 B. XAW is the larger fund by AUM.
How are XAW.U and XAW managed?
XAW.U is passively managed by iShares. It tracks the MSCI ACWI ex Canada IMI Net Total Return Index - CAD benchmark. XAW is passively managed by iShares. It tracks the MSCI ACWI ex Canada IMI Net Total Return Index - CAD benchmark.
What sectors do XAW.U and XAW emphasize?
XAW.U is most exposed to Technology, Finance, and Industrials. XAW is most exposed to Technology, Finance, and Industrials.
Which ETF is attracting more investor flows: XAW.U or XAW?
Year to date, XAW.U has seen +$8.23 M in net flows, compared with +$457.96 M for XAW. XAW has attracted more net investor money so far.
How do the fees of XAW.U and XAW compare?
XAW.U has an expense ratio of 0.22%, while XAW has an expense ratio of 0.22%.
What are the top holdings of XAW.U and XAW?
XAW.U's largest holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc.. XAW's top holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc..
Which ETF is more diversified: XAW.U or XAW?
XAW.U holds 7986 securities, while XAW holds 7986. On holdings count, XAW.U is the more diversified portfolio.
Recent articles about XAW.U and XAW
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.