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 Finance, Technology, 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 14.76% year-to-date with +$8 B in net flows, whereas VFV is at 13.5% with +$4 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 | $22,360.21 M | $35,170.24 M |
| Management Fees | 0.18% | 0.08% |
| Exp. ratio | 0.19% | 0.09% |
| Tracking Difference | - | 0.10% |
Historical performance and flows
As of September 14, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEQT | -1.95% | +0.82% | +14.76% | +19.91% | +78.93% |
VFV | -1.83% | +0.38% | +13.50% | +17.31% | +80.39% | |
| Flows | XEQT | +$1,009 M | +$3,041 M | +$8,094 M | +$9,876 M | +$15,941 M |
VFV | +$451 M | +$1,442 M | +$3,773 M | +$4,875 M | +$14,826 M |
XEQT vs VFV exposure
Countries
XEQT
USA
44.48%
Canada
24.66%
Other
30.86%
VFV
USA
97.41%
Sectors
XEQT
Finance
25.23%
Technology
24.35%
Industrials
10.32%
Non-Energy Materials
7.46%
Energy
7.10%
Other
25.54%
VFV
Technology
44.70%
Finance
13.84%
Consumer Non-Cyclicals
9.41%
Healthcare
8.88%
Industrials
7.86%
Other
15.33%
As of September 14, 2026
Top 10 Holdings
XEQT
Apple, Inc.
3.05%
NVIDIA Corp.
2.94%
Microsoft Corp.
2.08%
Royal Bank of Canada
2.07%
Amazon.com, Inc.
1.43%
The Toronto-Dominion Bank
1.41%
Alphabet, Inc.
1.22%
Broadcom Inc.
1.14%
Shopify, Inc.
1.05%
Alphabet, Inc.
0.98%
VFV
NVIDIA Corp.
7.55%
Apple, Inc.
7.04%
Microsoft Corp.
5.36%
Amazon.com, Inc.
4.13%
Alphabet, Inc.
3.24%
Broadcom Inc.
2.86%
Alphabet, Inc.
2.62%
Meta Platforms, Inc.
1.90%
JPMorgan Chase & Co.
1.46%
Berkshire Hathaway, Inc.
1.46%
Diversification
XEQT
Total weight of top 10 holdings out of 8,298 total
17.37%
VFV
Total weight of top 10 holdings out of 503 total
37.60%
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 | 1.59% | 0.84% |
| 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 September 14, 2026, XEQT has returned 14.76% year to date, while VFV has returned 13.50%. XEQT is ahead on YTD performance.
Which ETF is larger by assets under management: XEQT or VFV?
As of September 14, 2026, XEQT manages $22.36 B in assets, while VFV manages $35.17 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 Finance, Technology, 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 +$8,093.93 M in net flows, compared with +$3,773.15 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 0.19%, while VFV has an expense ratio of 0.09%.
What are the top holdings of XEQT and VFV?
XEQT's largest holdings include Apple, Inc., NVIDIA Corp., 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 8200 securities, while VFV holds 500. On holdings count, XEQT is the more diversified portfolio.
Recent articles about XEQT and VFV
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.