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iShares Core Equity ETF (XEQT) and TD Global Technology Leaders Index ETF (TEC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XEQT focuses its top 3 sector exposures on Information Technology, Financials, and Industrials, while TEC leans towards Information Technology, Communication Services, and Consumer Discretionary. When evaluating costs, XEQT features a management fee (MER) of 0.18%, compared to 0.35% for TEC. Performance-wise, XEQT has returned 6.57% year-to-date with +$4 B in net flows, whereas TEC is at 5.14% with +$597 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
XEQT
TEC
| AuM | $16,664.29 M | $4,567.25 M |
| Management Fees | 0.18% | 0.35% |
| Exp. ratio | 0.20% | 0.39% |
| Tracking Difference | - | -0.55% |
Historical performance and flows
As of May 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEQT | +4.86% | +3.46% | +6.57% | +30.80% | +72.66% |
TEC | +14.05% | +5.36% | +5.14% | +36.63% | +121.64% | |
| Flows | XEQT | +$656 M | +$2,478 M | +$3,600 M | +$6,998 M | +$11,719 M |
TEC | +$263 M | +$511 M | +$597 M | +$760 M | +$1,330 M |
XEQT vs TEC exposure
Countries
XEQT
USA
41.95%
Canada
26.03%
Other
32.02%
TEC
USA
87.50%
Other
12.50%
Sectors
XEQT
Information Technology
19.08%
Financials
18.45%
Industrials
10.70%
Energy
7.76%
Consumer Discretionary
7.73%
Other
7.44%
Other
28.84%
TEC
Information Technology
64.07%
Communication Services
16.04%
Consumer Discretionary
12.17%
Other
7.72%
As of May 1, 2026
Top 10 Holdings
XEQT
NVIDIA
2.89%
APPLE
2.54%
MICROSOFT-T
1.88%
ROYAL BK CANADA
1.76%
AMAZON.COM INC
1.39%
TORONTO DOMINION
1.22%
ALPHABET INC-CL
1.14%
SHOPIFY SUBORDINATE VOTING
1.13%
BROADCOM LIMITED
1.00%
ENBRIDGE
0.92%
TEC
NVIDIA
12.90%
APPLE
11.81%
MICROSOFT-T
8.63%
AMAZON.COM INC
6.28%
ALPHABET INC-CL
5.26%
BROADCOM LIMITED
4.61%
ALPHABET INC-CL
4.55%
META PLATFORMS
3.76%
TESLA
3.46%
ASML HOLDING
1.66%
Diversification
XEQT
Total weight of top 10 holdings out of 8,328 total
15.88%
TEC
Total weight of top 10 holdings out of 205 total
62.92%
Characteristics
Compare
XEQT
TEC
| Provider | iShares | TD Asset Management |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Global Technology Leaders NTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.57% | 0.11% |
| Meets ESG criteria | No | No |
| Inception Date | August 7, 2019 | May 9, 2019 |
Frequently asked questions about XEQT and TEC
Which ETF has performed better year to date: XEQT or TEC?
As of May 1, 2026, XEQT has returned 6.57% year to date, while TEC has returned 5.14%. XEQT is ahead on YTD performance.
Which ETF is larger by assets under management: XEQT or TEC?
As of May 1, 2026, XEQT manages $16.66 B in assets, while TEC manages $4.57 B. XEQT is the larger fund by AUM.
How are XEQT and TEC managed?
XEQT is actively managed by iShares. It does not track an index. TEC is passively managed by TD Asset Management. It tracks the Solactive Global Technology Leaders NTR Index - CAD benchmark.
What sectors do XEQT and TEC emphasize?
XEQT is most exposed to Information Technology, Financials, and Industrials. TEC is most exposed to Information Technology, Communication Services, and Consumer Discretionary.
Which ETF is attracting more investor flows: XEQT or TEC?
Year to date, XEQT has seen +$3,599.94 M in net flows, compared with +$596.86 M for TEC. XEQT has attracted more net investor money so far.
How do the fees of XEQT and TEC compare?
XEQT has an expense ratio of 0.20%, while TEC has an expense ratio of 0.39%.
What are the top holdings of XEQT and TEC?
XEQT's largest holdings include NVIDIA and APPLE. TEC's top holdings include NVIDIA, APPLE, and ALPHABET INC-CL.
Which ETF is more diversified: XEQT or TEC?
XEQT holds 7453 securities, while TEC holds 196. On holdings count, XEQT is the more diversified portfolio.
Recent articles about XEQT and TEC
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