VS
iShares S&P U.S. Small-Cap Index ETF (XSMC) and iShares Core S&P/TSX Capped Composite Index ETF (XIC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XSMC focuses its top 3 sector exposures on Finance, Technology, and Industrials, while XIC leans towards Finance, Non-Energy Materials, and Energy. When evaluating costs, XSMC features a management fee (MER) of 0.2%, compared to 0.05% for XIC. Performance-wise, XSMC has returned 20.36% year-to-date with +$17 M in net flows, whereas XIC is at 13.76% with +$10 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
XSMC
XIC
| AuM | $103.99 M | $35,151.98 M |
| Management Fees | 0.20% | 0.05% |
| Exp. ratio | 0.21% | 0.06% |
| Tracking Difference | - | -0.08% |
Historical performance and flows
As of October 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XSMC | -1.06% | -4.83% | +20.36% | +19.13% | +60.71% |
XIC | -1.41% | +2.05% | +13.76% | +20.30% | +100.33% | |
| Flows | XSMC | +$4 M | +$9 M | +$17 M | +$17 M | +$49 M |
XIC | +$1,629 M | +$4,243 M | +$10,255 M | +$11,563 M | +$16,455 M |
XSMC vs XIC exposure
Countries
XSMC
USA
99.70%
XIC
Canada
96.58%
Sectors
XSMC
Finance
26.23%
Technology
12.84%
Industrials
12.26%
Healthcare
10.93%
Consumer Cyclicals
7.86%
Other
29.88%
XIC
Finance
40.52%
Non-Energy Materials
18.87%
Energy
16.69%
Industrials
7.86%
Other
16.05%
As of October 2, 2026
Top 10 Holdings
XSMC
BlackRock Cash Funds - Treasury
2.11%
Corcept Therapeutics, Inc.
0.60%
Glaukos Corp.
0.59%
Paycom Software, Inc.
0.55%
Brinker International, Inc.
0.55%
Match Group, Inc.
0.53%
Jackson Financial, Inc.
0.52%
ViaSat, Inc.
0.51%
Protagonist Therapeutics, Inc.
0.50%
CarMax, Inc.
0.49%
XIC
Royal Bank of Canada
7.63%
The Toronto-Dominion Bank
5.40%
Shopify, Inc.
4.80%
Bank of Montreal
3.19%
The Bank of Nova Scotia
3.00%
Enbridge, Inc.
2.95%
Canadian Natural Resources Ltd.
2.79%
Canadian Imperial Bank of Commerce
2.79%
Agnico Eagle Mines Ltd.
2.75%
Brookfield Corp.
2.35%
Diversification
XSMC
Total weight of top 10 holdings out of 603 total
6.94%
XIC
Total weight of top 10 holdings out of 217 total
37.65%
Characteristics
Compare
XSMC
XIC
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | S&P SmallCap 600 Index - USD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.91% | 1.99% |
| Meets ESG criteria | No | No |
| Inception Date | September 10, 2019 | February 16, 2001 |
Frequently asked questions about XSMC and XIC
Which ETF has performed better year to date: XSMC or XIC?
As of October 2, 2026, XSMC has returned 20.36% year to date, while XIC has returned 13.76%. XSMC is ahead on YTD performance.
Which ETF is larger by assets under management: XSMC or XIC?
As of October 2, 2026, XSMC manages $103.99 M in assets, while XIC manages $35.15 B. XIC is the larger fund by AUM.
How are XSMC and XIC managed?
XSMC is passively managed by iShares. It tracks the S&P SmallCap 600 Index - USD benchmark. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do XSMC and XIC emphasize?
XSMC is most exposed to Finance, Technology, and Industrials. XIC is most exposed to Finance, Non-Energy Materials, and Energy.
Which ETF is attracting more investor flows: XSMC or XIC?
Year to date, XSMC has seen +$17.09 M in net flows, compared with +$10,255.37 M for XIC. XIC has attracted more net investor money so far.
How do the fees of XSMC and XIC compare?
XSMC has an expense ratio of 0.21%, while XIC has an expense ratio of 0.06%.
What are the top holdings of XSMC and XIC?
XSMC's largest holdings include BlackRock Cash Funds - Treasury, Corcept Therapeutics, Inc., and Glaukos Corp.. XIC's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: XSMC or XIC?
XSMC holds 601 securities, while XIC holds 217. On holdings count, XSMC is the more diversified portfolio.
Recent articles about XSMC and XIC
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