iShares Core Equity ETF (XEQT) and Vanguard S&P 500 Index ETF (VFV) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XEQT focuses its top 3 sector exposures on Technology, Finance, and Industrials, while VFV leans towards Technology, Finance, and Consumer Non-Cyclicals. When evaluating costs, XEQT features a management fee (MER) of 0.18%, compared to 0.08% for VFV. Performance-wise, XEQT has returned 13.49% year-to-date with +$7 B in net flows, whereas VFV is at 11.47% with +$3 B. 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
VFV
| AuM | $20,751.37 M | $34,019.94 M |
| Management Fees | 0.18% | 0.08% |
| Exp. ratio | 0.20% | 0.09% |
| Tracking Difference | - | 0.18% |
Historical performance and flows
As of July 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEQT | -0.67% | +6.42% | +13.49% | +25.19% | +76.64% |
VFV | -1.98% | +6.66% | +11.47% | +19.44% | +78.66% | |
| Flows | XEQT | +$1,146 M | +$3,156 M | +$6,706 M | +$9,184 M | +$14,648 M |
VFV | +$625 M | +$1,846 M | +$3,240 M | +$4,733 M | +$14,553 M |
XEQT vs VFV exposure
Countries
XEQT
USA
44.97%
Canada
23.95%
Other
31.08%
VFV
USA
96.91%
Sectors
XEQT
Technology
25.85%
Finance
24.22%
Industrials
10.42%
Non-Energy Materials
7.44%
Other
32.06%
VFV
Technology
45.60%
Finance
12.94%
Consumer Non-Cyclicals
8.73%
Healthcare
8.64%
Industrials
7.92%
Other
16.18%
As of July 30, 2026
Top 10 Holdings
XEQT
NVIDIA Corp.
3.02%
Apple, Inc.
2.65%
Royal Bank of Canada
2.05%
Microsoft Corp.
1.72%
Amazon.com, Inc.
1.45%
The Toronto-Dominion Bank
1.44%
Alphabet, Inc.
1.30%
Broadcom Inc.
1.11%
Alphabet, Inc.
1.04%
Shopify, Inc.
0.99%
VFV
NVIDIA Corp.
7.48%
Apple, Inc.
6.56%
Microsoft Corp.
4.28%
Amazon.com, Inc.
3.60%
Alphabet, Inc.
3.23%
Broadcom Inc.
2.76%
Alphabet, Inc.
2.58%
Micron Technology, Inc.
2.01%
Meta Platforms, Inc.
1.91%
Tesla, Inc.
1.83%
Diversification
XEQT
Total weight of top 10 holdings out of 8,337 total
16.77%
VFV
Total weight of top 10 holdings out of 503 total
36.23%
Characteristics
Compare
XEQT
VFV
| Provider | iShares | Vanguard |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P 500 ( CAD NY Rate ) Net Total Return 30% Index - CAD |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.60% | 0.85% |
| Meets ESG criteria | No | No |
| Inception Date | August 7, 2019 | November 2, 2012 |
Frequently asked questions about XEQT and VFV
Which ETF has performed better year to date: XEQT or VFV?
As of July 30, 2026, XEQT has returned 13.49% year to date, while VFV has returned 11.47%. XEQT is ahead on YTD performance.
Which ETF is larger by assets under management: XEQT or VFV?
As of July 30, 2026, XEQT manages $20.75 B in assets, while VFV manages $34.02 B. VFV is the larger fund by AUM.
How are XEQT and VFV managed?
XEQT is actively managed by iShares. It does not track an index. VFV is passively managed by Vanguard. It tracks the S&P 500 ( CAD NY Rate ) Net Total Return 30% Index - CAD benchmark.
What sectors do XEQT and VFV emphasize?
XEQT is most exposed to Technology, Finance, and Industrials. VFV is most exposed to Technology, Finance, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: XEQT or VFV?
Year to date, XEQT has seen +$6,706.37 M in net flows, compared with +$3,240.11 M for VFV. XEQT has attracted more net investor money so far.
How do the fees of XEQT and VFV compare?
XEQT has an expense ratio of 0.20%, while VFV has an expense ratio of 0.09%.
What are the top holdings of XEQT and VFV?
XEQT's largest holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc.. VFV's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: XEQT or VFV?
XEQT holds 8205 securities, while VFV holds 496. On holdings count, XEQT is the more diversified portfolio.
Recent articles about XEQT and VFV
ETF Comparison: XEQT vs. VEQT
A side-by-side comparison of XEQT and VEQT, Canada's two leading all-equity portfolio ETFs.
Posted on 7/22/2026 by Kyle Anthony inEquities
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