VS
iShares MSCI Europe IMI Index ETF (XEH) and CI S&P Europe 350 Equal Weight Index ETF (EQE.F) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XEH focuses its top 3 sector exposures on Finance, Industrials, and Healthcare, while EQE.F leans towards Finance, Industrials, and Non-Energy Materials. When evaluating costs, XEH features a management fee (MER) of 0.25%, compared to 0.3% for EQE.F. Performance-wise, XEH has returned 8.86% year-to-date with +$2 M in net flows, whereas EQE.F is at 9.9% with -$3 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
XEH
EQE.F
| AuM | $292.94 M | $2.93 M |
| Management Fees | 0.25% | 0.30% |
| Exp. ratio | 0.29% | 0.34% |
| Tracking Difference | -0.46% | -0.76% |
Historical performance and flows
As of October 9, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEH | -1.23% | -0.71% | +8.86% | +12.69% | +50.81% |
EQE.F | -1.25% | +1.08% | +9.90% | +13.22% | +54.08% | |
| Flows | XEH | +$0 M | +$4 M | +$2 M | -$1 M | +$97 M |
EQE.F | +$0 M | -$4 M | -$3 M | -$2 M | +$1 M |
XEH vs EQE.F exposure
Countries
XEH
United Kingdom
21.86%
Switzerland
14.62%
Germany
13.08%
France
12.93%
Netherlands
9.35%
Other
28.16%
EQE.F
United Kingdom
22.75%
Germany
11.35%
France
11.34%
Switzerland
10.93%
Sweden
8.67%
Netherlands
7.91%
Other
27.05%
Sectors
XEH
Finance
25.87%
Industrials
17.08%
Healthcare
11.52%
Technology
10.24%
Consumer Non-Cyclicals
8.14%
Other
27.14%
EQE.F
Finance
25.01%
Industrials
16.13%
Non-Energy Materials
10.33%
Consumer Non-Cyclicals
8.77%
Healthcare
8.02%
Consumer Cyclicals
7.11%
Other
24.64%
As of October 9, 2026
Top 10 Holdings
XEH
ASML Holding NV
4.07%
HSBC Holdings Plc
2.21%
Roche Holding AG
1.91%
Novartis AG
1.74%
Shell Plc
1.57%
Nestlé SA
1.56%
AstraZeneca PLC
1.52%
Siemens AG
1.49%
SAP SE
1.40%
Banco Santander SA
1.31%
EQE.F
Edenred SE
0.40%
Adecco Group AG
0.40%
Randstad NV
0.40%
WPP Plc
0.37%
Bayer AG
0.37%
Pandora AS
0.37%
SEGRO PLC
0.36%
DSM-Firmenich AG
0.36%
Genmab A/S
0.35%
Adyen NV
0.35%
Diversification
XEH
Total weight of top 10 holdings out of 1,179 total
18.78%
EQE.F
Total weight of top 10 holdings out of 366 total
3.72%
Characteristics
Compare
XEH
EQE.F
| Provider | iShares | CI |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Europe IMI 100% Hedged to CAD Net Total Return Index - CAD | S&P Europe 350 Equal Weight Index TR - CAD Hedged |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.68% | 2.32% |
| Meets ESG criteria | No | No |
| Inception Date | April 22, 2014 | September 18, 2018 |
Frequently asked questions about XEH and EQE.F
Which ETF has performed better year to date: XEH or EQE.F?
As of October 9, 2026, XEH has returned 8.86% year to date, while EQE.F has returned 9.90%. EQE.F is ahead on YTD performance.
Which ETF is larger by assets under management: XEH or EQE.F?
As of October 9, 2026, XEH manages $292.94 M in assets, while EQE.F manages $2.93 M. XEH is the larger fund by AUM.
How are XEH and EQE.F managed?
XEH is passively managed by iShares. It tracks the MSCI Europe IMI 100% Hedged to CAD Net Total Return Index - CAD benchmark. EQE.F is passively managed by CI. It tracks the S&P Europe 350 Equal Weight Index TR - CAD Hedged benchmark.
What sectors do XEH and EQE.F emphasize?
XEH is most exposed to Finance, Industrials, and Healthcare. EQE.F is most exposed to Finance, Industrials, and Non-Energy Materials.
Which ETF is attracting more investor flows: XEH or EQE.F?
Year to date, XEH has seen +$2.47 M in net flows, compared with -$2.97 M for EQE.F. XEH has attracted more net investor money so far.
How do the fees of XEH and EQE.F compare?
XEH has an expense ratio of 0.29%, while EQE.F has an expense ratio of 0.34%.
What are the top holdings of XEH and EQE.F?
XEH's largest holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG. EQE.F's top holdings include Edenred SE and Adecco Group AG.
Which ETF is more diversified: XEH or EQE.F?
XEH holds 1163 securities, while EQE.F holds 353. On holdings count, XEH is the more diversified portfolio.
Recent articles about XEH and EQE.F
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.