VS
iShares S&P Global Industrials Index ETF (XGI) and iShares U.S. Aerospace & Defense Index ETF (XAD) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XGI focuses its top 3 sector exposures on Industrials and Information Technology, while XAD leans towards Industrials, Materials, and Consumer Discretionary. When evaluating costs, XGI features a management fee (MER) of 0.63%, compared to 0.39% for XAD. Performance-wise, XGI has returned 10.86% year-to-date with +$10 M in net flows, whereas XAD is at 12.43% with +$58 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
XGI
XAD
| AuM | $161.56 M | $180.95 M |
| Management Fees | 0.63% | 0.39% |
| Exp. ratio | 0.66% | 0.43% |
| Tracking Difference | -0.97% | -0.83% |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XGI | -0.92% | +2.49% | +10.86% | +21.18% | +67.77% |
XAD | +7.06% | +1.83% | +12.43% | +34.36% | - | |
| Flows | XGI | +$5 M | -$3 M | +$10 M | +$18 M | +$50 M |
XAD | -$7 M | +$0 M | +$58 M | +$114 M | - |
XGI vs XAD exposure
Countries
XGI
USA
51.03%
Japan
13.80%
Other
35.17%
XAD
USA
97.77%
Sectors
XGI
Industrials
91.68%
Other
8.32%
XAD
Industrials
89.15%
Other
7.05%
As of June 11, 2026
Top 10 Holdings
XGI
CATERPILLAR
4.15%
GENERAL ELECTRIC
3.05%
US36828A1016
2.93%
RAYTHEON TECHNOLOGIES CORPORD
2.37%
SIEMENS
2.19%
BOEING U
1.80%
SCHNEIDER ELECTRIC SE
1.71%
EATON CORP PLC
1.69%
UNION PACIFIC U
1.60%
ABB
1.56%
XAD
GENERAL ELECTRIC
19.42%
RAYTHEON TECHNOLOGIES CORPORD
15.09%
BOEING U
10.24%
GENERAL DYNAMICS
4.78%
HOWMET AEROSPACE INC
4.74%
TRANSDIGM GROUP
4.53%
L3 HARRIS TECHNOLOGIES
4.32%
LOCKHEED MARTIN
3.92%
NORTHROP GRUMMAN
3.88%
US7731211089
3.27%
Diversification
XGI
Total weight of top 10 holdings out of 213 total
23.05%
XAD
Total weight of top 10 holdings out of 44 total
74.20%
Characteristics
Compare
XGI
XAD
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | S&P Global 1200 Industrials CAD Hedged Net Total Return Index - CAD | Dow Jones U.S. Select Aerospace & Defense Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.40% | 0.31% |
| Meets ESG criteria | No | No |
| Inception Date | March 26, 2013 | September 6, 2023 |
Frequently asked questions about XGI and XAD
Which ETF has performed better year to date: XGI or XAD?
As of June 11, 2026, XGI has returned 10.86% year to date, while XAD has returned 12.43%. XAD is ahead on YTD performance.
Which ETF is larger by assets under management: XGI or XAD?
As of June 11, 2026, XGI manages $161.56 M in assets, while XAD manages $180.95 M. XAD is the larger fund by AUM.
How are XGI and XAD managed?
XGI is passively managed by iShares. It tracks the S&P Global 1200 Industrials CAD Hedged Net Total Return Index - CAD benchmark. XAD is passively managed by iShares. It tracks the Dow Jones U.S. Select Aerospace & Defense Index - CAD benchmark.
What sectors do XGI and XAD emphasize?
XGI is most exposed to Industrials and Information Technology. XAD is most exposed to Industrials, Materials, and Consumer Discretionary.
Which ETF is attracting more investor flows: XGI or XAD?
Year to date, XGI has seen +$10.02 M in net flows, compared with +$57.68 M for XAD. XAD has attracted more net investor money so far.
How do the fees of XGI and XAD compare?
XGI has an expense ratio of 0.66%, while XAD has an expense ratio of 0.43%.
What are the top holdings of XGI and XAD?
XGI's largest holdings include CATERPILLAR and GENERAL ELECTRIC. XAD's top holdings include GENERAL ELECTRIC, RAYTHEON TECHNOLOGIES CORPORD, and BOEING U.
Which ETF is more diversified: XGI or XAD?
XGI holds 197 securities, while XAD holds 36. On holdings count, XGI is the more diversified portfolio.
Recent articles about XGI and XAD
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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.