VS
iShares Jantzi Social Index ETF (XEN) and Evolve S&P/TSX 60 Enhanced Yield Fund ETF (ETSX) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XEN focuses its top 3 sector exposures on Finance, Energy, and Non-Energy Materials, while ETSX leans towards Finance, Energy, and Non-Energy Materials. When evaluating costs, XEN features a management fee (MER) of 0.5%, compared to 0.6% for ETSX. Performance-wise, XEN has returned 14.49% year-to-date with -$5 M in net flows, whereas ETSX is at 11.86% with +$38 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
ETSX
| AuM | $180.03 M | $132.64 M |
| Management Fees | 0.50% | 0.60% |
| Exp. ratio | 0.55% | 0.69% |
| Tracking Difference | 2.20% | - |
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% |
ETSX | +0.23% | +3.16% | +11.86% | +21.73% | +67.19% | |
| Flows | XEN | +$0 M | +$0 M | -$5 M | -$5 M | -$5 M |
ETSX | +$3 M | +$11 M | +$38 M | +$52 M | +$107 M |
XEN vs ETSX exposure
Countries
XEN
Canada
98.50%
ETSX
Canada
96.92%
Sectors
XEN
Finance
43.31%
Energy
17.92%
Non-Energy Materials
17.46%
Industrials
7.16%
Other
14.16%
ETSX
Finance
46.83%
Energy
17.64%
Non-Energy Materials
11.66%
Other
23.88%
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%
ETSX
Royal Bank of Canada
9.92%
The Toronto-Dominion Bank
6.78%
Shopify, Inc.
4.84%
Bank of Montreal
4.25%
Enbridge, Inc.
4.06%
Canadian Imperial Bank of Commerce
3.76%
The Bank of Nova Scotia
3.64%
Canadian Natural Resources Ltd.
3.50%
Brookfield Corp.
3.11%
Suncor Energy, Inc.
2.77%
Diversification
XEN
Total weight of top 10 holdings out of 50 total
50.56%
ETSX
Total weight of top 10 holdings out of 60 total
46.64%
Characteristics
Compare
XEN
ETSX
| Provider | iShares | Evolve ETFs |
| Management | Passively managed | Actively managed |
| Benchmark | Jantzi Social Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.60% | 8.30% |
| Meets ESG criteria | Yes | No |
| Inception Date | May 14, 2007 | January 9, 2023 |
Frequently asked questions about XEN and ETSX
Which ETF has performed better year to date: XEN or ETSX?
As of September 1, 2026, XEN has returned 14.49% year to date, while ETSX has returned 11.86%. XEN is ahead on YTD performance.
Which ETF is larger by assets under management: XEN or ETSX?
As of September 1, 2026, XEN manages $180.03 M in assets, while ETSX manages $132.64 M. XEN is the larger fund by AUM.
How are XEN and ETSX managed?
XEN is passively managed by iShares. It tracks the Jantzi Social Index - CAD benchmark. ETSX is actively managed by Evolve ETFs. It does not track an index.
What sectors do XEN and ETSX emphasize?
XEN is most exposed to Finance, Energy, and Non-Energy Materials. ETSX is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: XEN or ETSX?
Year to date, XEN has seen -$5.04 M in net flows, compared with +$38.29 M for ETSX. ETSX has attracted more net investor money so far.
How do the fees of XEN and ETSX compare?
XEN has an expense ratio of 0.55%, while ETSX has an expense ratio of 0.69%.
What are the top holdings of XEN and ETSX?
XEN's largest holdings include Royal Bank of Canada, Shopify, Inc., and Bank of Montreal. ETSX's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: XEN or ETSX?
XEN holds 50 securities, while ETSX holds 60. On holdings count, ETSX is the more diversified portfolio.
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