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, Communication services, and Power, while XIC leans towards Finance, Energy, and Non-Energy Materials. When evaluating costs, XSH features a management fee (MER) of 0.09%, compared to 0.05% for XIC. Performance-wise, XSH has returned 1.37% year-to-date with +$533 M in net flows, whereas XIC is at 12.48% with +$7 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 | $2,707.04 M | $31,788.04 M |
| Management Fees | 0.09% | 0.05% |
| Exp. ratio | 0.10% | 0.06% |
| Tracking Difference | -0.08% | -0.10% |
Historical performance and flows
As of July 31, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XSH | -0.20% | +0.85% | +1.37% | +3.36% | +19.17% |
XIC | +0.89% | +4.49% | +12.48% | +32.16% | +85.36% | |
| Flows | XSH | +$147 M | +$337 M | +$533 M | +$1,116 M | +$1,451 M |
XIC | +$1,003 M | +$1,877 M | +$7,015 M | +$8,315 M | +$13,130 M |
XSH vs XIC exposure
Countries
XSH
Canada
61.52%
Other
33.21%
XIC
Canada
96.25%
Sectors
XSH
Other
33.21%
Banks
23.31%
Other
43.48%
XIC
Finance
42.08%
Energy
16.27%
Non-Energy Materials
15.91%
Industrials
8.25%
Other
17.49%
As of July 31, 2026
Top 10 Holdings
XSH
CA06418Y4L93
0.91%
CA779926WF74
0.90%
CA13607QQT27
0.77%
CA89116C7J09
0.76%
Bank of Montreal, 4.709% 7dec2027, CAD
0.71%
CA06418YXB96
0.71%
Toronto-Dominion Bank, 4.68% 8jan2029, CAD
0.67%
Royal Bank of Canada, 4.632% 1may2028, CAD
0.67%
CA023135DV51
0.65%
CA89116C3S44
0.65%
XIC
Royal Bank of Canada
8.22%
The Toronto-Dominion Bank
5.77%
Shopify, Inc.
3.97%
Bank of Montreal
3.52%
Enbridge, Inc.
3.36%
The Bank of Nova Scotia
3.04%
Canadian Imperial Bank of Commerce
3.01%
Brookfield Corp.
2.59%
Canadian Natural Resources Ltd.
2.35%
Agnico Eagle Mines Ltd.
2.25%
Diversification
XSH
Total weight of top 10 holdings out of 633 total
7.40%
XIC
Total weight of top 10 holdings out of 221 total
38.08%
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 | 3.94% | 2.00% |
| 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 July 31, 2026, XSH has returned 1.37% year to date, while XIC has returned 12.48%. XIC is ahead on YTD performance.
Which ETF is larger by assets under management: XSH or XIC?
As of July 31, 2026, XSH manages $2.71 B in assets, while XIC manages $31.79 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, Communication services, and Power. XIC is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: XSH or XIC?
Year to date, XSH has seen +$533.44 M in net flows, compared with +$7,015.39 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 Bank of Montreal, 4.709% 7dec2027, CAD and Toronto-Dominion Bank, 4.68% 8jan2029, CAD. XIC's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: XSH or XIC?
XSH holds 439 securities, while XIC holds 219. On holdings count, XSH is the more diversified portfolio.
Recent articles about XSH and XIC
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