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 Financials, Energy, and Materials, while ETSX leans towards Financials, Materials, and Energy. When evaluating costs, XEN features a management fee (MER) of 0.5%, compared to 0.6% for ETSX. Performance-wise, XEN has returned 8.58% year-to-date with -$5 M in net flows, whereas ETSX is at 6.89% with +$26 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 | $171.46 M | $118.97 M |
| Management Fees | 0.50% | 0.60% |
| Exp. ratio | 0.55% | 0.69% |
| Tracking Difference | 2.66% | - |
Historical performance and flows
As of May 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEN | +1.22% | +1.74% | +8.58% | +35.84% | +81.36% |
ETSX | +2.07% | +2.56% | +6.89% | +27.01% | +61.92% | |
| Flows | XEN | +$0 M | -$5 M | -$5 M | -$5 M | -$5 M |
ETSX | +$4 M | +$11 M | +$26 M | +$57 M | +$99 M |
XEN vs ETSX exposure
Countries
XEN
Canada
99.69%
ETSX
Canada
87.44%
Other
11.98%
Sectors
XEN
Financials
29.39%
Energy
18.96%
Materials
16.36%
Other
14.39%
Other
20.90%
ETSX
Financials
31.38%
Other
17.27%
Materials
14.51%
Energy
14.36%
Information Technology
8.47%
Other
14.02%
As of May 21, 2026
Top 10 Holdings
XEN
ROYAL BK CANADA
10.17%
SHOPIFY SUBORDINATE VOTING
5.75%
ENBRIDGE
5.11%
AGNICO EAGLE MINES LTD
4.99%
BANK OF MONTREAL
4.26%
CDN NATURAL RESOURCE
4.15%
BNS
4.02%
CDN IMPERIAL BK
3.98%
CA11271J1075
3.48%
SUNCOR ENERGY
3.43%
ETSX
ROYAL BK CANADA
7.98%
TORONTO DOMINION
5.58%
SHOPIFY SUBORDINATE VOTING
5.35%
ENBRIDGE
4.15%
AGNICO EAGLE MINES LTD
3.70%
BANK OF MONTREAL
3.42%
CA11271J1075
3.21%
CDN IMPERIAL BK
3.13%
BNS
3.03%
SUNCOR ENERGY
2.72%
Diversification
XEN
Total weight of top 10 holdings out of 50 total
49.35%
ETSX
Total weight of top 10 holdings out of 57 total
42.27%
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 | 1.71% | 8.43% |
| 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 May 21, 2026, XEN has returned 8.58% year to date, while ETSX has returned 6.89%. XEN is ahead on YTD performance.
Which ETF is larger by assets under management: XEN or ETSX?
As of May 21, 2026, XEN manages $171.46 M in assets, while ETSX manages $118.97 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 Financials, Energy, and Materials. ETSX is most exposed to Financials, Materials, and Energy.
Which ETF is attracting more investor flows: XEN or ETSX?
Year to date, XEN has seen -$5.04 M in net flows, compared with +$26.48 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 BK CANADA and SHOPIFY SUBORDINATE VOTING. ETSX's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and SHOPIFY SUBORDINATE VOTING.
Which ETF is more diversified: XEN or ETSX?
XEN holds 44 securities, while ETSX holds 55. On holdings count, ETSX 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.