VS
Compare BMO MSCI Canada Value Index ETF (ZVC) vs iShares S&P/TSX 60 Index ETF (XIU) to find the best fit for your portfolio. ZVC and XIU provide the same top sector exposures: Finance, Energy, and Non-Energy Materials. When evaluating costs, ZVC features a management fee (MER) of 0.35%, compared to 0.15% for XIU. Performance-wise, ZVC has returned 23.35% year-to-date with +$7 M in net flows, whereas XIU is at 17.07% with +$232 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
ZVC
XIU
| AuM | $58.18 M | $23,717.10 M |
| Management Fees | 0.35% | 0.15% |
| Exp. ratio | 0.40% | 0.17% |
| Tracking Difference | -0.54% | 0.51% |
Historical performance and flows
As of October 26, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZVC | +1.86% | +3.10% | +23.35% | +32.39% | +102.60% |
XIU | +2.62% | +2.42% | +17.07% | +22.33% | +104.37% | |
| Flows | ZVC | +$0 M | +$5 M | +$7 M | +$9 M | +$15 M |
XIU | +$723 M | -$1,043 M | +$232 M | +$1,879 M | +$2,689 M |
ZVC vs XIU exposure
Countries
ZVC
Canada
99.68%
XIU
Canada
97.63%
Sectors
ZVC
Finance
40.39%
Energy
18.25%
Non-Energy Materials
15.99%
Industrials
8.65%
Technology
7.35%
Other
9.37%
XIU
Finance
46.47%
Energy
17.04%
Non-Energy Materials
14.13%
Other
22.36%
As of October 26, 2026
Top 10 Holdings
ZVC
The Toronto-Dominion Bank
7.85%
The Bank of Nova Scotia
7.37%
Bank of Montreal
5.91%
Manulife Financial Corp.
5.82%
Barrick Mining Corp.
5.70%
Suncor Energy, Inc.
5.60%
CGI, Inc.
4.99%
Canadian Natural Resources Ltd.
4.52%
Canadian Pacific Kansas City Ltd.
4.48%
Canadian Imperial Bank of Commerce
3.69%
XIU
Royal Bank of Canada
9.54%
The Toronto-Dominion Bank
6.75%
Shopify, Inc.
6.00%
Bank of Montreal
3.99%
The Bank of Nova Scotia
3.75%
Enbridge, Inc.
3.69%
Canadian Natural Resources Ltd.
3.49%
Canadian Imperial Bank of Commerce
3.49%
Agnico Eagle Mines Ltd.
3.44%
Brookfield Corp.
2.94%
Diversification
ZVC
Total weight of top 10 holdings out of 50 total
55.92%
XIU
Total weight of top 10 holdings out of 60 total
47.08%
Characteristics
Compare
ZVC
XIU
| Provider | BMO | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Canada Enhanced Value Capped Index - CAD | S&P / TSX 60 Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.87% | 2.10% |
| Meets ESG criteria | No | No |
| Inception Date | October 4, 2017 | September 28, 1999 |
Frequently asked questions about ZVC and XIU
Which ETF has performed better year to date: ZVC or XIU?
As of October 26, 2026, ZVC has returned 23.35% year to date, while XIU has returned 17.07%. ZVC is ahead on YTD performance.
Which ETF is larger by assets under management: ZVC or XIU?
As of October 26, 2026, ZVC manages $58.18 M in assets, while XIU manages $23.72 B. XIU is the larger fund by AUM.
How are ZVC and XIU managed?
ZVC is passively managed by BMO. It tracks the MSCI Canada Enhanced Value Capped Index - CAD benchmark. XIU is passively managed by iShares. It tracks the S&P / TSX 60 Net Total Return Index - CAD benchmark.
What sectors do ZVC and XIU emphasize?
ZVC is most exposed to Finance, Energy, and Non-Energy Materials. XIU is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: ZVC or XIU?
Year to date, ZVC has seen +$6.53 M in net flows, compared with +$231.68 M for XIU. XIU has attracted more net investor money so far.
How do the fees of ZVC and XIU compare?
ZVC has an expense ratio of 0.40%, while XIU has an expense ratio of 0.17%.
What are the top holdings of ZVC and XIU?
ZVC's largest holdings include The Toronto-Dominion Bank, The Bank of Nova Scotia, and Bank of Montreal. XIU's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: ZVC or XIU?
ZVC holds 50 securities, while XIU holds 60. On holdings count, XIU is the more diversified portfolio.
Recent articles about ZVC and XIU
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.