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Compare iShares Jantzi Social Index ETF (XEN) vs Global X S&P/TSX 60 Index ETF (CNDX) to find the best fit for your portfolio. XEN and CNDX provide the same top sector exposures: Finance, Energy, and Non-Energy Materials. When evaluating costs, XEN features a management fee (MER) of 0.5%, compared to 0.13% for CNDX. Performance-wise, XEN has returned 14.49% year-to-date with -$5 M in net flows, whereas CNDX is at 15.76% with +$389 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
XEN
CNDX
| AuM | $180.03 M | $1,123.30 M |
| Management Fees | 0.50% | 0.13% |
| Exp. ratio | 0.55% | 0.02% |
| Tracking Difference | 2.20% | -0.08% |
Historical performance and flows
As of September 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEN | +1.02% | +4.85% | +14.49% | +26.79% | +85.27% |
CNDX | +0.69% | +4.18% | +15.76% | +28.03% | - | |
| Flows | XEN | +$0 M | +$0 M | -$5 M | -$5 M | -$5 M |
CNDX | -$203 M | -$189 M | +$389 M | +$445 M | - |
XEN vs CNDX exposure
Countries
XEN
Canada
98.50%
CNDX
Canada
97.48%
Sectors
XEN
Finance
43.31%
Energy
17.92%
Non-Energy Materials
17.46%
Industrials
7.16%
Other
14.16%
CNDX
Finance
47.59%
Energy
17.59%
Non-Energy Materials
11.46%
Other
23.36%
As of September 1, 2026
Top 10 Holdings
XEN
Royal Bank of Canada
10.41%
Shopify, Inc.
6.72%
Bank of Montreal
5.20%
Enbridge, Inc.
5.00%
Canadian Imperial Bank of Commerce
4.56%
The Bank of Nova Scotia
4.48%
Canadian Natural Resources Ltd.
3.96%
Agnico Eagle Mines Ltd.
3.65%
Brookfield Corp.
3.32%
Suncor Energy, Inc.
3.26%
CNDX
Royal Bank of Canada
10.09%
The Toronto-Dominion Bank
6.91%
Shopify, Inc.
4.93%
Bank of Montreal
4.34%
Enbridge, Inc.
4.10%
Canadian Imperial Bank of Commerce
3.76%
The Bank of Nova Scotia
3.72%
Canadian Natural Resources Ltd.
3.43%
Brookfield Corp.
3.13%
Suncor Energy, Inc.
2.74%
Diversification
XEN
Total weight of top 10 holdings out of 50 total
50.56%
CNDX
Total weight of top 10 holdings out of 60 total
47.14%
Characteristics
Compare
XEN
CNDX
| Provider | iShares | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Jantzi Social Index - CAD | S&P/TSX 60 Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.60% | 2.16% |
| Meets ESG criteria | Yes | No |
| Inception Date | May 14, 2007 | May 14, 2024 |
Frequently asked questions about XEN and CNDX
Which ETF has performed better year to date: XEN or CNDX?
As of September 1, 2026, XEN has returned 14.49% year to date, while CNDX has returned 15.76%. CNDX is ahead on YTD performance.
Which ETF is larger by assets under management: XEN or CNDX?
As of September 1, 2026, XEN manages $180.03 M in assets, while CNDX manages $1.12 B. CNDX is the larger fund by AUM.
How are XEN and CNDX managed?
XEN is passively managed by iShares. It tracks the Jantzi Social Index - CAD benchmark. CNDX is passively managed by Global X. It tracks the S&P/TSX 60 Total Return Index - CAD benchmark.
What sectors do XEN and CNDX emphasize?
XEN is most exposed to Finance, Energy, and Non-Energy Materials. CNDX is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: XEN or CNDX?
Year to date, XEN has seen -$5.04 M in net flows, compared with +$389.06 M for CNDX. CNDX has attracted more net investor money so far.
How do the fees of XEN and CNDX compare?
XEN has an expense ratio of 0.55%, while CNDX has an expense ratio of 0.02%.
What are the top holdings of XEN and CNDX?
XEN's largest holdings include Royal Bank of Canada, Shopify, Inc., and Bank of Montreal. CNDX's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: XEN or CNDX?
XEN holds 50 securities, while CNDX holds 60. On holdings count, CNDX 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.

