VS
Compare iShares Jantzi Social Index ETF (XEN) vs Vanguard FTSE Canada Index ETF (VCE) to find the best fit for your portfolio. XEN and VCE 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 0.05% for VCE. Performance-wise, XEN has returned 14.49% year-to-date with -$5 M in net flows, whereas VCE is at 15.29% with +$351 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
VCE
| AuM | $180.03 M | $3,739.68 M |
| Management Fees | 0.50% | 0.05% |
| Exp. ratio | 0.55% | 0.06% |
| Tracking Difference | 2.20% | 0.67% |
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% |
VCE | +0.66% | +3.76% | +15.29% | +28.54% | +95.52% | |
| Flows | XEN | +$0 M | +$0 M | -$5 M | -$5 M | -$5 M |
VCE | +$43 M | +$102 M | +$351 M | +$491 M | +$965 M |
XEN vs VCE exposure
Countries
XEN
Canada
98.50%
VCE
Canada
97.36%
Sectors
XEN
Finance
43.31%
Energy
17.92%
Non-Energy Materials
17.46%
Industrials
7.16%
Other
14.16%
VCE
Finance
45.69%
Energy
17.67%
Non-Energy Materials
13.15%
Industrials
7.48%
Other
16.01%
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%
VCE
Royal Bank of Canada
9.32%
The Toronto-Dominion Bank
6.38%
Shopify, Inc.
4.57%
Bank of Montreal
4.04%
Enbridge, Inc.
3.78%
Canadian Imperial Bank of Commerce
3.47%
The Bank of Nova Scotia
3.44%
Canadian Natural Resources Ltd.
3.10%
Brookfield Corp.
2.83%
Suncor Energy, Inc.
2.54%
Diversification
XEN
Total weight of top 10 holdings out of 50 total
50.56%
VCE
Total weight of top 10 holdings out of 85 total
43.46%
Characteristics
Compare
XEN
VCE
| Provider | iShares | Vanguard |
| Management | Passively managed | Passively managed |
| Benchmark | Jantzi Social Index - CAD | FTSE Canada Domestic TR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.60% | 2.60% |
| Meets ESG criteria | Yes | No |
| Inception Date | May 14, 2007 | November 30, 2011 |
Frequently asked questions about XEN and VCE
Which ETF has performed better year to date: XEN or VCE?
As of September 1, 2026, XEN has returned 14.49% year to date, while VCE has returned 15.29%. VCE is ahead on YTD performance.
Which ETF is larger by assets under management: XEN or VCE?
As of September 1, 2026, XEN manages $180.03 M in assets, while VCE manages $3.74 B. VCE is the larger fund by AUM.
How are XEN and VCE managed?
XEN is passively managed by iShares. It tracks the Jantzi Social Index - CAD benchmark. VCE is passively managed by Vanguard. It tracks the FTSE Canada Domestic TR Index - CAD benchmark.
What sectors do XEN and VCE emphasize?
XEN is most exposed to Finance, Energy, and Non-Energy Materials. VCE is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: XEN or VCE?
Year to date, XEN has seen -$5.04 M in net flows, compared with +$351.36 M for VCE. VCE has attracted more net investor money so far.
How do the fees of XEN and VCE compare?
XEN has an expense ratio of 0.55%, while VCE has an expense ratio of 0.06%.
What are the top holdings of XEN and VCE?
XEN's largest holdings include Royal Bank of Canada, Shopify, Inc., and Bank of Montreal. VCE's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: XEN or VCE?
XEN holds 50 securities, while VCE holds 84. On holdings count, VCE is the more diversified portfolio.
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