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 Information Technology, Financials, and Industrials, while VFV leans towards Information Technology, Financials, and Communication Services. When evaluating costs, XEQT features a management fee (MER) of 0.18%, compared to 0.08% for VFV. Performance-wise, XEQT has returned 5.35% year-to-date with +$4 B in net flows, whereas VFV is at 4.3% with +$1 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 | $16,424.42 M | $30,150.29 M |
| Management Fees | 0.18% | 0.08% |
| Exp. ratio | 0.20% | 0.09% |
| Tracking Difference | - | 0.19% |
Historical performance and flows
As of April 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEQT | +7.48% | +2.25% | +5.35% | +29.40% | +70.68% |
VFV | +10.65% | +3.52% | +4.30% | +29.20% | +79.72% | |
| Flows | XEQT | +$673 M | +$2,514 M | +$3,550 M | +$6,962 M | +$11,669 M |
VFV | +$387 M | +$920 M | +$1,380 M | +$3,641 M | +$13,506 M |
XEQT vs VFV exposure
Countries
XEQT
USA
41.95%
Canada
26.03%
Other
32.02%
VFV
USA
96.54%
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%
VFV
Information Technology
33.83%
Financials
10.23%
Communication Services
10.21%
Consumer Discretionary
9.99%
Health Care
9.30%
Industrials
8.30%
Other
18.14%
As of April 28, 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%
VFV
NVIDIA
7.56%
APPLE
6.65%
MICROSOFT-T
4.90%
AMAZON.COM INC
3.63%
ALPHABET INC-CL
2.99%
BROADCOM LIMITED
2.62%
ALPHABET INC-CL
2.39%
META PLATFORMS
2.23%
TESLA
1.86%
BERKSHIRE HATHWAY
1.57%
Diversification
XEQT
Total weight of top 10 holdings out of 8,328 total
15.88%
VFV
Total weight of top 10 holdings out of 503 total
36.40%
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 | 1.58% | 0.90% |
| 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 April 28, 2026, XEQT has returned 5.35% year to date, while VFV has returned 4.30%. XEQT is ahead on YTD performance.
Which ETF is larger by assets under management: XEQT or VFV?
As of April 28, 2026, XEQT manages $16.42 B in assets, while VFV manages $30.15 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 Information Technology, Financials, and Industrials. VFV is most exposed to Information Technology, Financials, and Communication Services.
Which ETF is attracting more investor flows: XEQT or VFV?
Year to date, XEQT has seen +$3,550.14 M in net flows, compared with +$1,380.24 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 and APPLE. VFV's top holdings include NVIDIA, APPLE, and ALPHABET INC-CL.
Which ETF is more diversified: XEQT or VFV?
XEQT holds 7453 securities, while VFV holds 478. On holdings count, XEQT is the more diversified portfolio.
Recent articles about XEQT and VFV
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