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Compare iShares S&P/TSX Capped Financials Index ETF (XFN) vs RBC Canadian Bank Yield Index ETF (RBNK) to find the best fit for your portfolio. XFN and RBNK provide the same top sector exposures: Finance. When evaluating costs, XFN features a management fee (MER) of 0.55%, compared to 0.29% for RBNK. Performance-wise, XFN has returned 20.34% year-to-date with -$151 M in net flows, whereas RBNK is at 31.65% with +$19 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
XFN
RBNK
| AuM | $2,193.57 M | $503.83 M |
| Management Fees | 0.55% | 0.29% |
| Exp. ratio | 0.61% | 0.32% |
| Tracking Difference | -0.86% | 4.48% |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XFN | -0.16% | -4.87% | +20.34% | +33.40% | +135.62% |
RBNK | -0.22% | -3.72% | +31.65% | +45.95% | +169.14% | |
| Flows | XFN | -$37 M | -$46 M | -$151 M | -$144 M | -$360 M |
RBNK | -$8 M | -$0 M | +$19 M | +$23 M | -$7 M |
XFN vs RBNK exposure
Countries
XFN
Canada
98.34%
RBNK
Canada
99.92%
Sectors
XFN
Finance
99.87%
RBNK
Finance
99.92%
As of October 16, 2026
Top 10 Holdings
XFN
Royal Bank of Canada
22.47%
The Toronto-Dominion Bank
15.90%
Bank of Montreal
9.39%
The Bank of Nova Scotia
8.85%
Canadian Imperial Bank of Commerce
8.21%
Brookfield Corp.
6.92%
Manulife Financial Corp.
5.57%
National Bank of Canada
4.65%
Sun Life Financial, Inc.
3.42%
Power Corp of Canada
2.76%
RBNK
The Bank of Nova Scotia
26.41%
Bank of Montreal
24.06%
The Toronto-Dominion Bank
17.02%
Canadian Imperial Bank of Commerce
16.13%
Royal Bank of Canada
8.25%
National Bank of Canada
8.03%
Diversification
XFN
Total weight of top 10 holdings out of 23 total
88.15%
RBNK
Total weight of top 10 holdings out of 6 total
99.92%
Characteristics
Compare
XFN
RBNK
| Provider | iShares | RBC Global Asset Management |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX Capped Financials Total Return Index - CAD | Solactive Canada Bank Yield Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.99% | 2.80% |
| Meets ESG criteria | No | No |
| Inception Date | March 23, 2001 | October 20, 2017 |
Frequently asked questions about XFN and RBNK
Which ETF has performed better year to date: XFN or RBNK?
As of October 16, 2026, XFN has returned 20.34% year to date, while RBNK has returned 31.65%. RBNK is ahead on YTD performance.
Which ETF is larger by assets under management: XFN or RBNK?
As of October 16, 2026, XFN manages $2.19 B in assets, while RBNK manages $503.83 M. XFN is the larger fund by AUM.
How are XFN and RBNK managed?
XFN is passively managed by iShares. It tracks the S&P/TSX Capped Financials Total Return Index - CAD benchmark. RBNK is passively managed by RBC Global Asset Management. It tracks the Solactive Canada Bank Yield Index - CAD benchmark.
What sectors do XFN and RBNK emphasize?
XFN is most exposed to Finance. RBNK is most exposed to Finance.
Which ETF is attracting more investor flows: XFN or RBNK?
Year to date, XFN has seen -$150.52 M in net flows, compared with +$19.25 M for RBNK. RBNK has attracted more net investor money so far.
How do the fees of XFN and RBNK compare?
XFN has an expense ratio of 0.61%, while RBNK has an expense ratio of 0.32%.
What are the top holdings of XFN and RBNK?
XFN's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Bank of Montreal. RBNK's top holdings include The Bank of Nova Scotia, Bank of Montreal, and The Toronto-Dominion Bank.
Which ETF is more diversified: XFN or RBNK?
XFN holds 23 securities, while RBNK holds 6. On holdings count, XFN is the more diversified portfolio.
Recent articles about XFN and RBNK
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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.