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Compare iShares ESG Advanced Canadian Corporate Bond Index ETF (XCBG) vs Vanguard Canadian Corporate Bond Index ETF (VCB) to find the best fit for your portfolio. XCBG provides Finance, Telecommunications, and Utilities exposures, while VCB is primarily weighted in Finance, Energy, and Utilities. When evaluating costs, XCBG features a management fee (MER) of 0.15%, compared to 0.15% for VCB. Performance-wise, XCBG has returned 0.49% year-to-date with -$13 M in net flows, whereas VCB is at 0.47% with +$330 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
XCBG
VCB
| AuM | $83.28 M | $849.27 M |
| Management Fees | 0.15% | 0.15% |
| Exp. ratio | 0.17% | 0.17% |
| Tracking Difference | -0.14% | -0.22% |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XCBG | -0.80% | -0.95% | +0.49% | +2.17% | +18.14% |
VCB | -0.91% | -1.17% | +0.47% | +2.54% | +21.15% | |
| Flows | XCBG | +$2 M | +$6 M | -$13 M | +$4 M | +$62 M |
VCB | +$4 M | +$69 M | +$330 M | +$433 M | +$564 M |
XCBG vs VCB exposure
Countries
XCBG
Canada
85.03%
USA
12.88%
VCB
Canada
85.57%
USA
12.00%
Sectors
XCBG
Finance
61.13%
Telecommunications
16.61%
Utilities
8.63%
Other
13.63%
VCB
Finance
47.40%
Energy
13.95%
Utilities
11.54%
Telecommunications
8.63%
Other
18.48%
As of September 3, 2026
Top 10 Holdings
XCBG
Toronto-Dominion Bank, 3.687% 9jan2032, CAD
1.33%
Bank of Nova Scotia, 3.61% 30jan2032, CAD
1.17%
CIBC, 3.65% 13jan2032, CAD
1.09%
Bank of Nova Scotia, 3.734% 27jun2031, CAD
0.97%
Royal Bank of Canada, 3.572% 9dec2031, CAD
0.91%
Toronto-Dominion Bank, 3.842% 29may2031, CAD
0.86%
Bank of Montreal, 3.19% 1mar2028, CAD
0.86%
Bank of Montreal, 4.709% 7dec2027, CAD
0.86%
Equinix, 4% 15nov2032, CAD
0.84%
Alphabet, 5% 15may2056, CAD
0.83%
VCB
Amazon.com, 5% 12jun2056, CAD
0.79%
Bank of Nova Scotia, 3.61% 30jan2032, CAD
0.59%
Royal Bank of Canada, 3.572% 9dec2031, CAD
0.58%
Amazon.com, 4.35% 12jun2036, CAD
0.57%
Toronto-Dominion Bank, 3.687% 9jan2032, CAD
0.56%
Royal Bank of Canada, 4.829% 8aug2034, CAD (28)
0.55%
Royal Bank of Canada, 4.632% 1may2028, CAD
0.49%
Toronto-Dominion Bank, 3.605% 10sep2031, CAD
0.49%
Bank of Nova Scotia, 3.734% 27jun2031, CAD
0.48%
Toronto-Dominion Bank, 4.68% 8jan2029, CAD
0.47%
Diversification
XCBG
Total weight of top 10 holdings out of 365 total
9.72%
VCB
Total weight of top 10 holdings out of 861 total
5.56%
Characteristics
Compare
XCBG
VCB
| Provider | iShares | Vanguard |
| Management | Passively managed | Passively managed |
| Benchmark | Bloomberg MSCI Canada Corporate Choice ESG Screened 10% Issuer Capped Index - CAD | Bloomberg Global Aggregate Canadian Credit Float Adjusted Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.06% | 4.25% |
| Meets ESG criteria | Yes | No |
| Inception Date | August 6, 2021 | January 31, 2017 |
Frequently asked questions about XCBG and VCB
Which ETF has performed better year to date: XCBG or VCB?
As of September 3, 2026, XCBG has returned 0.49% year to date, while VCB has returned 0.47%. XCBG is ahead on YTD performance.
Which ETF is larger by assets under management: XCBG or VCB?
As of September 3, 2026, XCBG manages $83.28 M in assets, while VCB manages $849.27 M. VCB is the larger fund by AUM.
How are XCBG and VCB managed?
XCBG is passively managed by iShares. It tracks the Bloomberg MSCI Canada Corporate Choice ESG Screened 10% Issuer Capped Index - CAD benchmark. VCB is passively managed by Vanguard. It tracks the Bloomberg Global Aggregate Canadian Credit Float Adjusted Total Return Index - CAD benchmark.
What sectors do XCBG and VCB emphasize?
XCBG is most exposed to Finance, Telecommunications, and Utilities. VCB is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: XCBG or VCB?
Year to date, XCBG has seen -$13.01 M in net flows, compared with +$329.64 M for VCB. VCB has attracted more net investor money so far.
How do the fees of XCBG and VCB compare?
XCBG has an expense ratio of 0.17%, while VCB has an expense ratio of 0.17%.
What are the top holdings of XCBG and VCB?
XCBG's largest holdings include Toronto-Dominion Bank, 3.687% 9jan2032, CAD, Bank of Nova Scotia, 3.61% 30jan2032, CAD, and CIBC, 3.65% 13jan2032, CAD. VCB's top holdings include Amazon.com, 5% 12jun2056, CAD, Bank of Nova Scotia, 3.61% 30jan2032, CAD, and Royal Bank of Canada, 3.572% 9dec2031, CAD.
Which ETF is more diversified: XCBG or VCB?
XCBG holds 365 securities, while VCB holds 861. On holdings count, VCB is the more diversified portfolio.
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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.

