VS
Compare BMO S&P/TSX Capped Composite Index ETF (ZCN) vs iShares Core S&P/TSX Capped Composite Index ETF (XIC) to find the best fit for your portfolio. ZCN and XIC provide the same top sector exposures: Financials, Materials, and Energy. When evaluating costs, ZCN features a management fee (MER) of 0.05%, compared to 0.05% for XIC. Performance-wise, ZCN has returned 5.46% year-to-date with +$1 B in net flows, whereas XIC is at 5.23% with +$4 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
ZCN
XIC
| AuM | $15,323.52 M | $27,069.73 M |
| Management Fees | 0.05% | 0.05% |
| Exp. ratio | 0.06% | 0.06% |
| Tracking Difference | -0.11% | -0.09% |
Historical performance and flows
As of April 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZCN | +0.42% | +4.03% | +5.46% | +48.91% | +78.41% |
XIC | +0.53% | +2.95% | +5.23% | +48.63% | +78.76% | |
| Flows | ZCN | +$281 M | +$1,092 M | +$1,199 M | +$2,021 M | +$3,409 M |
XIC | +$1,285 M | +$4,112 M | +$4,071 M | +$6,540 M | +$9,935 M |
ZCN vs XIC exposure
Countries
ZCN
Canada
99.24%
XIC
Canada
99.06%
Sectors
ZCN
Financials
28.18%
Materials
18.03%
Energy
15.84%
Other
13.15%
Other
24.81%
XIC
Financials
27.79%
Materials
18.28%
Energy
16.04%
Other
13.24%
Other
24.66%
As of April 6, 2026
Top 10 Holdings
ZCN
ROYAL BK CANADA
6.60%
TORONTO DOMINION
4.65%
SHOPIFY SUBORDINATE VOTING
4.27%
AGNICO EAGLE MINES LTD
3.43%
ENBRIDGE
3.16%
BANK OF MONTREAL
2.94%
CA11271J1075
2.72%
CDN IMPERIAL BK
2.67%
BNS
2.63%
CDN NATURAL RESOURCE
2.49%
XIC
ROYAL BK CANADA
6.50%
TORONTO DOMINION
4.58%
SHOPIFY SUBORDINATE VOTING
4.09%
AGNICO EAGLE MINES LTD
3.50%
ENBRIDGE
3.21%
BANK OF MONTREAL
2.84%
CA11271J1075
2.63%
CDN IMPERIAL BK
2.60%
BNS
2.60%
CDN NATURAL RESOURCE
2.53%
Diversification
ZCN
Total weight of top 10 holdings out of 217 total
35.55%
XIC
Total weight of top 10 holdings out of 217 total
35.08%
Characteristics
Compare
ZCN
XIC
| Provider | BMO | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX Capped Composite Total Return Index - CAD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.13% | 2.13% |
| Meets ESG criteria | No | No |
| Inception Date | May 29, 2009 | February 16, 2001 |
Frequently asked questions about ZCN and XIC
Which ETF has performed better year to date: ZCN or XIC?
As of April 6, 2026, ZCN has returned 5.46% year to date, while XIC has returned 5.23%. ZCN is ahead on YTD performance.
Which ETF is larger by assets under management: ZCN or XIC?
As of April 6, 2026, ZCN manages $15.32 B in assets, while XIC manages $27.07 B. XIC is the larger fund by AUM.
How are ZCN and XIC managed?
ZCN is passively managed by BMO. It tracks the S&P/TSX Capped Composite Total Return 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 ZCN and XIC emphasize?
ZCN is most exposed to Financials, Materials, and Energy. XIC is most exposed to Financials, Materials, and Energy.
Which ETF is attracting more investor flows: ZCN or XIC?
Year to date, ZCN has seen +$1,199.27 M in net flows, compared with +$4,071.17 M for XIC. XIC has attracted more net investor money so far.
How do the fees of ZCN and XIC compare?
ZCN has an expense ratio of 0.06%, while XIC has an expense ratio of 0.06%.
What are the top holdings of ZCN and XIC?
ZCN's largest holdings include ROYAL BK CANADA and TORONTO DOMINION. XIC's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: ZCN or XIC?
ZCN holds 193 securities, while XIC holds 193. On holdings count, ZCN is the more diversified portfolio.
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