VS
iShares Core Canadian Short Term Corporate + Maple Bond Index ETF (XSH) and iShares Core S&P/TSX Capped Composite Index ETF (XIC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XSH focuses its top 3 sector exposures on Banks, Pipelines, and Communication services, while XIC leans towards Financials, Energy, and Materials. When evaluating costs, XSH features a management fee (MER) of 0.09%, compared to 0.05% for XIC. Performance-wise, XSH has returned 0.54% year-to-date with +$202 M in net flows, whereas XIC is at 7.93% with +$5 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
XSH
XIC
| AuM | $2,380.94 M | $28,892.87 M |
| Management Fees | 0.09% | 0.05% |
| Exp. ratio | 0.10% | 0.06% |
| Tracking Difference | -0.11% | -0.12% |
Historical performance and flows
As of May 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XSH | +0.36% | -0.17% | +0.54% | +3.43% | +17.37% |
XIC | +2.56% | +5.24% | +7.93% | +39.31% | +79.67% | |
| Flows | XSH | +$13 M | +$110 M | +$202 M | +$869 M | +$1,102 M |
XIC | +$1,121 M | +$3,816 M | +$5,192 M | +$7,744 M | +$11,161 M |
XSH vs XIC exposure
Countries
XSH
Canada
93.78%
XIC
Canada
98.95%
Sectors
XSH
Banks
27.92%
Other
25.15%
Other
46.92%
XIC
Financials
28.13%
Energy
18.01%
Materials
15.92%
Other
13.03%
Other
24.92%
As of May 6, 2026
Top 10 Holdings
XSH
CA06418Y4L93
0.94%
CA779926WF74
0.90%
CA89116C7J09
0.80%
CA13607QQT27
0.79%
Toronto-Dominion Bank, 4.21% 1jun2027, CAD
0.74%
CA06418YXB96
0.73%
Bank of Montreal, 4.709% 7dec2027, CAD
0.70%
Royal Bank of Canada, 4.632% 1may2028, CAD
0.68%
Toronto-Dominion Bank, 4.68% 8jan2029, CAD
0.67%
Bank of Montreal, 4.309% 1jun2027, CAD
0.66%
XIC
ROYAL BK CANADA
6.69%
TORONTO DOMINION
4.64%
SHOPIFY SUBORDINATE VOTING
4.31%
ENBRIDGE
3.50%
AGNICO EAGLE MINES LTD
3.01%
CDN NATURAL RESOURCE
3.01%
BANK OF MONTREAL
2.83%
CA11271J1075
2.65%
CDN IMPERIAL BK
2.61%
BNS
2.53%
Diversification
XSH
Total weight of top 10 holdings out of 616 total
7.60%
XIC
Total weight of top 10 holdings out of 221 total
35.80%
Characteristics
Compare
XSH
XIC
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Universe + Maple Short Term Corporate Bond TR Index - CAD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.90% | 2.07% |
| Meets ESG criteria | No | No |
| Inception Date | September 13, 2011 | February 16, 2001 |
Frequently asked questions about XSH and XIC
Which ETF has performed better year to date: XSH or XIC?
As of May 6, 2026, XSH has returned 0.54% year to date, while XIC has returned 7.93%. XIC is ahead on YTD performance.
Which ETF is larger by assets under management: XSH or XIC?
As of May 6, 2026, XSH manages $2.38 B in assets, while XIC manages $28.89 B. XIC is the larger fund by AUM.
How are XSH and XIC managed?
XSH is passively managed by iShares. It tracks the FTSE Canada Universe + Maple Short Term Corporate Bond TR Index - CAD benchmark. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do XSH and XIC emphasize?
XSH is most exposed to Banks, Pipelines, and Communication services. XIC is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: XSH or XIC?
Year to date, XSH has seen +$201.70 M in net flows, compared with +$5,191.68 M for XIC. XIC has attracted more net investor money so far.
How do the fees of XSH and XIC compare?
XSH has an expense ratio of 0.10%, while XIC has an expense ratio of 0.06%.
What are the top holdings of XSH and XIC?
XSH's largest holdings include Toronto-Dominion Bank, 4.21% 1jun2027, CAD and Bank of Montreal, 4.709% 7dec2027, CAD. XIC's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: XSH or XIC?
XSH holds 467 securities, while XIC holds 193. On holdings count, XSH is the more diversified portfolio.
Recent articles about XSH and XIC
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