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iShares MSCI Europe IMI Index ETF (XEH) and iShares ESG MSCI EAFE Index ETF (XSEA) 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 XSEA leans towards Finance, Industrials, and Technology. When evaluating costs, XEH features a management fee (MER) of 0.25%, compared to 0.25% for XSEA. Performance-wise, XEH has returned 8.86% year-to-date with +$2 M in net flows, whereas XSEA is at 13.15% with +$27 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
XSEA
| AuM | $292.94 M | $371.06 M |
| Management Fees | 0.25% | 0.25% |
| Exp. ratio | 0.25% | 0.29% |
| Tracking Difference | -0.46% | -0.22% |
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% |
XSEA | -0.70% | -0.08% | +13.15% | +14.62% | +68.19% | |
| Flows | XEH | +$0 M | +$4 M | +$2 M | -$1 M | +$97 M |
XSEA | +$4 M | +$5 M | +$27 M | +$33 M | +$92 M |
XEH vs XSEA exposure
Countries
XEH
United Kingdom
21.86%
Switzerland
14.62%
Germany
13.08%
France
12.93%
Netherlands
9.35%
Other
28.16%
XSEA
Japan
23.62%
United Kingdom
13.36%
Switzerland
10.14%
Germany
8.48%
France
8.42%
Other
35.98%
Sectors
XEH
Finance
25.87%
Industrials
17.08%
Healthcare
11.52%
Technology
10.24%
Consumer Non-Cyclicals
8.14%
Other
27.14%
XSEA
Finance
28.56%
Industrials
16.57%
Technology
13.64%
Healthcare
9.47%
Consumer Non-Cyclicals
7.13%
Other
24.62%
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%
XSEA
ASML Holding NV
3.12%
HSBC Holdings Plc
1.57%
Novartis AG
1.47%
SAP SE
1.21%
Siemens AG
1.20%
Roche Holding AG
1.12%
Allianz SE
1.09%
Intesa Sanpaolo SpA
1.06%
Nestlé SA
1.05%
ABB Ltd.
1.03%
Diversification
XEH
Total weight of top 10 holdings out of 1,179 total
18.78%
XSEA
Total weight of top 10 holdings out of 330 total
13.92%
Characteristics
Compare
XEH
XSEA
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Europe IMI 100% Hedged to CAD Net Total Return Index - CAD | MSCI EAFE Extended ESG Focus Net Return Index - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.68% | 2.34% |
| Meets ESG criteria | No | Yes |
| Inception Date | April 22, 2014 | March 18, 2019 |
Frequently asked questions about XEH and XSEA
Which ETF has performed better year to date: XEH or XSEA?
As of October 9, 2026, XEH has returned 8.86% year to date, while XSEA has returned 13.15%. XSEA is ahead on YTD performance.
Which ETF is larger by assets under management: XEH or XSEA?
As of October 9, 2026, XEH manages $292.94 M in assets, while XSEA manages $371.06 M. XSEA is the larger fund by AUM.
How are XEH and XSEA managed?
XEH is passively managed by iShares. It tracks the MSCI Europe IMI 100% Hedged to CAD Net Total Return Index - CAD benchmark. XSEA is passively managed by iShares. It tracks the MSCI EAFE Extended ESG Focus Net Return Index - CAD benchmark.
What sectors do XEH and XSEA emphasize?
XEH is most exposed to Finance, Industrials, and Healthcare. XSEA is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: XEH or XSEA?
Year to date, XEH has seen +$2.47 M in net flows, compared with +$26.87 M for XSEA. XSEA has attracted more net investor money so far.
How do the fees of XEH and XSEA compare?
XEH has an expense ratio of 0.25%, while XSEA has an expense ratio of 0.29%.
What are the top holdings of XEH and XSEA?
XEH's largest holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG. XSEA's top holdings include ASML Holding NV, HSBC Holdings Plc, and Novartis AG.
Which ETF is more diversified: XEH or XSEA?
XEH holds 1163 securities, while XSEA holds 328. On holdings count, XEH is the more diversified portfolio.
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