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Compare iShares Core MSCI EAFE IMI Index ETF (XEF) vs Vanguard FTSE Developed All Cap ex North America Index ETF (VIU) to find the best fit for your portfolio. XEF provides Financials, Industrials, and Consumer Discretionary exposures, while VIU is primarily weighted in Financials, Industrials, and Information Technology. When evaluating costs, XEF features a management fee (MER) of 0.2%, compared to 0.2% for VIU. Performance-wise, XEF has returned 3.65% year-to-date with +$2 B in net flows, whereas VIU is at 4.9% with +$1 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
XEF
VIU
| AuM | $19,277.13 M | $9,191.98 M |
| Management Fees | 0.20% | 0.20% |
| Exp. ratio | 0.23% | 0.23% |
| Tracking Difference | 0.16% | -0.04% |
Historical performance and flows
As of April 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEF | +1.08% | +0.54% | +3.65% | +37.67% | +55.35% |
VIU | +0.51% | +1.60% | +4.90% | +42.62% | +59.67% | |
| Flows | XEF | +$490 M | +$2,213 M | +$2,227 M | +$5,993 M | +$9,244 M |
VIU | +$197 M | +$1,080 M | +$1,080 M | +$2,385 M | +$3,745 M |
XEF vs VIU exposure
Countries
XEF
Japan
25.00%
United Kingdom
14.10%
Switzerland
8.81%
France
8.61%
Germany
8.42%
Australia
7.15%
Other
27.91%
VIU
Japan
23.53%
United Kingdom
12.61%
Republic of Korea
8.38%
Switzerland
8.15%
France
7.71%
Germany
7.47%
Other
32.16%
Sectors
XEF
Financials
21.98%
Industrials
19.57%
Consumer Discretionary
9.18%
Information Technology
8.79%
Health Care
8.69%
Other
31.79%
VIU
Financials
20.94%
Industrials
18.92%
Information Technology
12.59%
Consumer Discretionary
9.19%
Health Care
8.39%
Other
29.96%
As of April 6, 2026
Top 10 Holdings
XEF
ASML HOLDING
2.16%
ROCHE
1.26%
HSBC HOLDINGS
1.24%
ASTRAZENECA
1.21%
NOVARTIS
1.20%
NESTLE SA
1.05%
SHELL PLC
0.91%
TOYOTA
0.88%
SIEMENS
0.85%
MITSUBISHI UFJ FINANCIAL GROUP
0.82%
VIU
SAMSUNG ELECTR
2.46%
ASML HOLDING
1.99%
SK HYNIX
1.39%
ROCHE
1.17%
NOVARTIS
1.13%
HSBC HOLDINGS
1.12%
ASTRAZENECA
1.09%
NESTLE SA
0.96%
TOYOTA
0.91%
SHELL PLC
0.83%
Diversification
XEF
Total weight of top 10 holdings out of 2,623 total
11.60%
VIU
Total weight of top 10 holdings out of 3,639 total
13.05%
Characteristics
Compare
XEF
VIU
| Provider | iShares | Vanguard |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI EAFE IMI Net Total Return Index - CAD | FTSE Developed All Cap ex North America Net Total Return Index - CAD |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.36% | 2.41% |
| Meets ESG criteria | No | No |
| Inception Date | April 10, 2013 | December 1, 2015 |
Frequently asked questions about XEF and VIU
Which ETF has performed better year to date: XEF or VIU?
As of April 6, 2026, XEF has returned 3.65% year to date, while VIU has returned 4.90%. VIU is ahead on YTD performance.
Which ETF is larger by assets under management: XEF or VIU?
As of April 6, 2026, XEF manages $19.28 B in assets, while VIU manages $9.19 B. XEF is the larger fund by AUM.
How are XEF and VIU managed?
XEF is passively managed by iShares. It tracks the MSCI EAFE IMI Net Total Return Index - CAD benchmark. VIU is passively managed by Vanguard. It tracks the FTSE Developed All Cap ex North America Net Total Return Index - CAD benchmark.
What sectors do XEF and VIU emphasize?
XEF is most exposed to Financials, Industrials, and Consumer Discretionary. VIU is most exposed to Financials, Industrials, and Information Technology.
Which ETF is attracting more investor flows: XEF or VIU?
Year to date, XEF has seen +$2,226.79 M in net flows, compared with +$1,080.45 M for VIU. XEF has attracted more net investor money so far.
How do the fees of XEF and VIU compare?
XEF has an expense ratio of 0.23%, while VIU has an expense ratio of 0.23%.
What are the top holdings of XEF and VIU?
XEF's largest holdings include ASML HOLDING and ROCHE. VIU's top holdings include SAMSUNG ELECTR and ASML HOLDING.
Which ETF is more diversified: XEF or VIU?
XEF holds 2461 securities, while VIU holds 3407. On holdings count, VIU is the more diversified portfolio.
Recent articles about XEF and VIU
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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.