VS
iShares MSCI Europe IMI Index ETF (XEU) and CI S&P Europe 350 Equal Weight Index ETF (EQE.F) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XEU focuses its top 3 sector exposures on Finance, Industrials, and Healthcare, while EQE.F leans towards Finance, Industrials, and Non-Energy Materials. When evaluating costs, XEU features a management fee (MER) of 0.25%, compared to 0.3% for EQE.F. Performance-wise, XEU has returned 12.87% year-to-date with +$36 M in net flows, whereas EQE.F is at 16.83% with -$3 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
XEU
EQE.F
| AuM | $708.79 M | $3.11 M |
| Management Fees | 0.25% | 0.30% |
| Exp. ratio | 0.29% | 0.34% |
| Tracking Difference | 0.01% | 0.20% |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEU | +3.79% | -0.81% | +12.87% | +13.90% | +70.43% |
EQE.F | +5.23% | +2.14% | +16.83% | +17.95% | +62.91% | |
| Flows | XEU | -$4 M | +$4 M | +$36 M | +$40 M | +$214 M |
EQE.F | +$0 M | +$0 M | -$3 M | -$3 M | +$1 M |
XEU vs EQE.F exposure
Countries
XEU
United Kingdom
22.14%
Switzerland
14.46%
Germany
12.84%
France
12.65%
Netherlands
9.93%
Other
27.97%
EQE.F
United Kingdom
22.70%
France
11.62%
Germany
11.44%
Switzerland
11.36%
Sweden
8.57%
Netherlands
8.03%
Other
26.27%
Sectors
XEU
Finance
25.70%
Industrials
16.99%
Healthcare
11.51%
Technology
10.87%
Consumer Non-Cyclicals
8.07%
Other
26.86%
EQE.F
Finance
23.91%
Industrials
16.52%
Non-Energy Materials
9.90%
Consumer Non-Cyclicals
9.20%
Healthcare
8.02%
Consumer Cyclicals
7.45%
Other
25.00%
As of November 11, 2026
Top 10 Holdings
XEU
ASML Holding NV
4.42%
US46434V7385
3.73%
HSBC Holdings Plc
2.15%
Roche Holding AG
1.84%
Shell Plc
1.72%
Novartis AG
1.65%
AstraZeneca PLC
1.54%
Nestlé SA
1.47%
Siemens AG
1.42%
SAP SE
1.34%
EQE.F
Persimmon Plc
0.34%
Kingfisher plc
0.34%
Barratt Redrow Plc
0.33%
Smiths Group Plc
0.33%
Sartorius Stedim Biotech SA
0.32%
Sonova Holding AG
0.32%
Genmab A/S
0.32%
Sartorius AG
0.32%
VAT Group AG
0.32%
Diploma Plc
0.32%
Diversification
XEU
Total weight of top 10 holdings out of 1,176 total
21.29%
EQE.F
Total weight of top 10 holdings out of 366 total
3.25%
Characteristics
Compare
XEU
EQE.F
| Provider | iShares | CI |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Europe IMI Net Total Return Index - CAD | S&P Europe 350 Equal Weight Index TR - CAD Hedged |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.62% | 2.18% |
| Meets ESG criteria | No | No |
| Inception Date | April 15, 2014 | September 18, 2018 |
Frequently asked questions about XEU and EQE.F
Which ETF has performed better year to date: XEU or EQE.F?
As of November 11, 2026, XEU has returned 12.87% year to date, while EQE.F has returned 16.83%. EQE.F is ahead on YTD performance.
Which ETF is larger by assets under management: XEU or EQE.F?
As of November 11, 2026, XEU manages $708.79 M in assets, while EQE.F manages $3.11 M. XEU is the larger fund by AUM.
How are XEU and EQE.F managed?
XEU is passively managed by iShares. It tracks the MSCI Europe IMI Net Total Return Index - CAD benchmark. EQE.F is passively managed by CI. It tracks the S&P Europe 350 Equal Weight Index TR - CAD Hedged benchmark.
What sectors do XEU and EQE.F emphasize?
XEU is most exposed to Finance, Industrials, and Healthcare. EQE.F is most exposed to Finance, Industrials, and Non-Energy Materials.
Which ETF is attracting more investor flows: XEU or EQE.F?
Year to date, XEU has seen +$36.01 M in net flows, compared with -$2.97 M for EQE.F. XEU has attracted more net investor money so far.
How do the fees of XEU and EQE.F compare?
XEU has an expense ratio of 0.29%, while EQE.F has an expense ratio of 0.34%.
What are the top holdings of XEU and EQE.F?
XEU's largest holdings include ASML Holding NV and HSBC Holdings Plc. EQE.F's top holdings include Persimmon Plc and Kingfisher plc.
Which ETF is more diversified: XEU or EQE.F?
XEU holds 1156 securities, while EQE.F holds 353. On holdings count, XEU is the more diversified portfolio.
Recent articles about XEU and EQE.F
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.