VS
iShares Core Canadian Short Term Corporate + Maple Bond Index ETF (XSH) and Vanguard Canadian Short-Term Corporate Bond Index ETF (VSC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XSH focuses its top 3 sector exposures on Finance, Energy, and Utilities, while VSC leans towards Finance, Energy, and Telecommunications. When evaluating costs, XSH features a management fee (MER) of 0.09%, compared to 0.1% for VSC. Performance-wise, XSH has returned 0.79% year-to-date with +$795 M in net flows, whereas VSC is at 0.81% with +$343 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
XSH
VSC
| AuM | $2,941.82 M | $1,617.10 M |
| Management Fees | 0.09% | 0.10% |
| Exp. ratio | 0.10% | 0.11% |
| Tracking Difference | -0.12% | -0.19% |
Historical performance and flows
As of September 14, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XSH | -0.73% | -0.71% | +0.79% | +1.60% | +17.98% |
VSC | -0.60% | -0.65% | +0.81% | +1.83% | +20.08% | |
| Flows | XSH | +$252 M | +$534 M | +$795 M | +$1,299 M | +$1,814 M |
VSC | +$36 M | +$128 M | +$343 M | +$521 M | +$590 M |
XSH vs VSC exposure
Countries
XSH
Canada
89.67%
USA
7.53%
VSC
Canada
88.89%
USA
8.55%
Sectors
XSH
Finance
63.09%
Energy
8.24%
Other
28.67%
VSC
Finance
65.86%
Energy
7.68%
Other
26.45%
As of September 14, 2026
Top 10 Holdings
XSH
Bank of Nova Scotia, 3.61% 30jan2032, CAD
0.88%
Royal Bank of Canada, 3.572% 9dec2031, CAD
0.85%
CIBC, 3.65% 13jan2032, CAD
0.75%
Bank of Nova Scotia, 3.734% 27jun2031, CAD
0.72%
Toronto-Dominion Bank, 3.687% 9jan2032, CAD
0.72%
Royal Bank of Canada, 4.632% 1may2028, CAD
0.70%
Amazon.com, 3.7% 12jun2031, CAD
0.69%
Bank of Montreal, 3.19% 1mar2028, CAD
0.68%
Bank of Montreal, 4.709% 7dec2027, CAD
0.68%
Toronto-Dominion Bank, 3.605% 10sep2031, CAD
0.67%
VSC
Royal Bank of Canada, 3.572% 9dec2031, CAD
1.15%
Toronto-Dominion Bank, 3.687% 9jan2032, CAD
0.92%
Bank of Nova Scotia, 3.61% 30jan2032, CAD
0.91%
Royal Bank of Canada, 4.632% 1may2028, CAD
0.91%
CIBC, 3.65% 13jan2032, CAD
0.86%
Bank of Montreal, 4.709% 7dec2027, CAD
0.85%
Bank of Nova Scotia, 3.734% 27jun2031, CAD
0.83%
Toronto-Dominion Bank, 4.477% 18jan2028, CAD
0.81%
Bank of Montreal, 3.19% 1mar2028, CAD
0.79%
Bank of Montreal, 3.539% 3mar2032, CAD
0.77%
Diversification
XSH
Total weight of top 10 holdings out of 639 total
7.35%
VSC
Total weight of top 10 holdings out of 450 total
8.81%
Characteristics
Compare
XSH
VSC
| Provider | iShares | Vanguard |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Universe + Maple Short Term Corporate Bond TR Index - CAD | Bloomberg Global Aggregate Canadian Credit 1-5Y Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.99% | 4.04% |
| Meets ESG criteria | No | No |
| Inception Date | September 13, 2011 | November 2, 2012 |
Frequently asked questions about XSH and VSC
Which ETF has performed better year to date: XSH or VSC?
As of September 14, 2026, XSH has returned 0.79% year to date, while VSC has returned 0.81%. VSC is ahead on YTD performance.
Which ETF is larger by assets under management: XSH or VSC?
As of September 14, 2026, XSH manages $2.94 B in assets, while VSC manages $1.62 B. XSH is the larger fund by AUM.
How are XSH and VSC managed?
XSH is passively managed by iShares. It tracks the FTSE Canada Universe + Maple Short Term Corporate Bond TR Index - CAD benchmark. VSC is passively managed by Vanguard. It tracks the Bloomberg Global Aggregate Canadian Credit 1-5Y Total Return Index - CAD benchmark.
What sectors do XSH and VSC emphasize?
XSH is most exposed to Finance, Energy, and Utilities. VSC is most exposed to Finance, Energy, and Telecommunications.
Which ETF is attracting more investor flows: XSH or VSC?
Year to date, XSH has seen +$794.75 M in net flows, compared with +$343.35 M for VSC. XSH has attracted more net investor money so far.
How do the fees of XSH and VSC compare?
XSH has an expense ratio of 0.10%, while VSC has an expense ratio of 0.11%.
What are the top holdings of XSH and VSC?
XSH's largest holdings include Bank of Nova Scotia, 3.61% 30jan2032, CAD, Royal Bank of Canada, 3.572% 9dec2031, CAD, and CIBC, 3.65% 13jan2032, CAD. VSC's top holdings include Royal Bank of Canada, 3.572% 9dec2031, CAD, Toronto-Dominion Bank, 3.687% 9jan2032, CAD, and Bank of Nova Scotia, 3.61% 30jan2032, CAD.
Which ETF is more diversified: XSH or VSC?
XSH holds 639 securities, while VSC holds 450. On holdings count, XSH is the more diversified portfolio.
Recent articles about XSH and VSC
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