VS
Compare iShares Canadian Growth Index ETF (XCG) vs BMO S&P/TSX Capped Composite Index ETF (ZCN) to find the best fit for your portfolio. XCG provides Non-Energy Materials, Finance, and Industrials exposures, while ZCN is primarily weighted in Finance, Energy, and Non-Energy Materials. When evaluating costs, XCG features a management fee (MER) of 0.5%, compared to 0.05% for ZCN. Performance-wise, XCG has returned 2.81% year-to-date with -$3 M in net flows, whereas ZCN is at 13.63% with +$3 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
XCG
ZCN
| AuM | $151.76 M | $18,126.59 M |
| Management Fees | 0.50% | 0.05% |
| Exp. ratio | 0.55% | 0.06% |
| Tracking Difference | -0.62% | -0.10% |
Historical performance and flows
As of September 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XCG | -3.76% | +0.94% | +2.81% | +6.89% | +52.62% |
ZCN | -3.00% | +0.83% | +13.63% | +23.78% | +87.64% | |
| Flows | XCG | -$4 M | +$3 M | -$3 M | +$3 M | +$35 M |
ZCN | +$287 M | +$911 M | +$2,877 M | +$3,194 M | +$4,791 M |
XCG vs ZCN exposure
Countries
XCG
Canada
95.48%
ZCN
Canada
96.71%
Sectors
XCG
Non-Energy Materials
24.99%
Finance
21.09%
Industrials
18.01%
Technology
8.89%
Energy
8.81%
Other
18.21%
ZCN
Finance
41.85%
Energy
17.20%
Non-Energy Materials
15.79%
Industrials
8.16%
Other
16.99%
As of September 15, 2026
Top 10 Holdings
XCG
Shopify, Inc.
11.07%
Brookfield Corp.
7.26%
Canadian Pacific Kansas City Ltd.
6.31%
Agnico Eagle Mines Ltd.
6.20%
Canadian National Railway Co.
5.55%
Barrick Mining Corp.
5.10%
Wheaton Precious Metals Corp.
4.16%
Alimentation Couche-Tard, Inc.
3.85%
Constellation Software, Inc.
3.47%
Franco-Nevada Corp.
3.45%
ZCN
Royal Bank of Canada
8.11%
The Toronto-Dominion Bank
5.53%
Shopify, Inc.
4.13%
Bank of Montreal
3.46%
Enbridge, Inc.
3.34%
Canadian Imperial Bank of Commerce
3.00%
The Bank of Nova Scotia
2.98%
Canadian Natural Resources Ltd.
2.72%
Brookfield Corp.
2.48%
Suncor Energy, Inc.
2.18%
Diversification
XCG
Total weight of top 10 holdings out of 40 total
56.40%
ZCN
Exposure data will be available soon
Characteristics
Compare
XCG
ZCN
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Dow Jones Canada Select Growth Total Return Index - CAD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.49% | 2.01% |
| Meets ESG criteria | No | No |
| Inception Date | November 6, 2006 | May 29, 2009 |
Frequently asked questions about XCG and ZCN
Which ETF has performed better year to date: XCG or ZCN?
As of September 15, 2026, XCG has returned 2.81% year to date, while ZCN has returned 13.63%. ZCN is ahead on YTD performance.
Which ETF is larger by assets under management: XCG or ZCN?
As of September 15, 2026, XCG manages $151.76 M in assets, while ZCN manages $18.13 B. ZCN is the larger fund by AUM.
How are XCG and ZCN managed?
XCG is passively managed by iShares. It tracks the Dow Jones Canada Select Growth Total Return Index - CAD benchmark. ZCN is passively managed by BMO. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do XCG and ZCN emphasize?
XCG is most exposed to Non-Energy Materials, Finance, and Industrials. ZCN is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: XCG or ZCN?
Year to date, XCG has seen -$2.90 M in net flows, compared with +$2,877.20 M for ZCN. ZCN has attracted more net investor money so far.
How do the fees of XCG and ZCN compare?
XCG has an expense ratio of 0.55%, while ZCN has an expense ratio of 0.06%.
What are the top holdings of XCG and ZCN?
XCG's largest holdings include Shopify, Inc., Brookfield Corp., and Canadian Pacific Kansas City Ltd.. ZCN's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: XCG or ZCN?
XCG holds 40 securities, while ZCN holds 219. On holdings count, ZCN is the more diversified portfolio.
Recent articles about XCG and ZCN
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