VEQT vs XEQT: which ETF is better?
Vanguard All-Equity ETF Portfolio (VEQT) and iShares Core Equity ETF Portfolio (XEQT) compared on fees, holdings overlap, dividend yield, returns and risk, using the latest data.
- VEQT and XEQT have very high overlap: 85% of each fund by weight sits in the same holdings.
- XEQT is cheaper at 0.19% a year against 0.22% for VEQT, about C$3 less in fees per C$10,000 invested each year.
- Over the last 5 years, VEQT returned an average of 12.1% a year against 12.1% for XEQT, with dividends reinvested.
- VEQT is more diversified, with 11,729 holdings against 7,388 in XEQT.
- XEQT pays more income, yielding 1.63% over the last 12 months against 1.26% for VEQT.
- Overlap by weight
- 85.3%
- Shared holdings
- 6,828
| VEQT | XEQT | |
|---|---|---|
| Name | Vanguard All-Equity ETF Portfolio | iShares Core Equity ETF Portfolio |
| Issuer | Vanguard | IShares |
| Listed on | Toronto Stock Exchange · CAD | Toronto Stock Exchange · CAD |
| Expense ratio | 0.22% | 0.19% |
| Assets (AUM) | C$17.6B | C$23.5B |
| Launched | Jan 29, 2019 | Aug 7, 2019 |
| Holdings | 11,729 | 7,388 |
| Dividend yield (12m) | 1.26% · annual | 1.63% · quarterly |
| Asset class | Multi-Asset | Multi-Asset |
| Annualised return | VEQT | XEQT |
|---|---|---|
| 1 year | +14.1% | +14.2% |
| 3 years | +21.6% | +21.6% |
| 5 years | +12.1% | +12.1% |
| 10 years | — | — |
| Volatility | 12.9% | 12.9% |
| Max drawdown | -30.5% | -29.8% |
Volatility is the annualised standard deviation of daily returns over 3 years. Max drawdown is the largest fall from a peak over the last 10 years, or since launch.
| Holding | VEQT | XEQT |
|---|---|---|
| AAPLApple Inc | 3.04% | 3.13% |
| NVDANVIDIA Corp | 3.27% | 2.75% |
| MSFTMicrosoft Corp | 2.38% | 2.49% |
| RY.TORoyal Bank of Canada | 2.36% | 2.04% |
| AMZNAmazon.com Inc | 1.51% | 1.60% |
| TD.TOToronto-Dominion Bank/The | 1.66% | 1.46% |
| SHOP.TOShopify Inc | 1.56% | 1.25% |
| GOOGLAlphabet Inc | 1.27% | 1.03% |
| BMO.TOBank of Montreal | 1.01% | 0.87% |
| AVGOBroadcom Inc | 1.05% | 0.87% |
Pull each fund's details, full price history and holdings into Google Sheets or Excel, so your comparison updates itself.
=SF("VEQT.TO","etfInfo","expenseRatio&assetsUnderManagement&holdingsCount")=SF_TIMESERIES("VEQT.TO","2019-08-01",TODAY(),"dailyAdj")=SF("XEQT.TO","etfInfo","expenseRatio&assetsUnderManagement&holdingsCount")=SF_TIMESERIES("XEQT.TO","2019-08-01",TODAY(),"dailyAdj")Prices to Nov 6, 2026; holdings last checked Nov 6, 2026. Returns are in each fund's trading currency (CAD). Past performance doesn't predict future returns. For information only, not investment advice.
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VEQT vs XEQT: frequently asked questions
How much do VEQT and XEQT overlap?
85.3% by weight. They share 6,828 holdings, and that share of each fund is invested in exactly the same positions. That's very high, so holding both adds little diversification.
Is VEQT or XEQT cheaper?
XEQT is cheaper. VEQT's expense ratio is 0.22% a year and XEQT's is 0.19%, so on C$10,000 you'd pay about C$22 and C$19 a year.
Which has performed better, VEQT or XEQT?
Over the last 5 years, VEQT has. VEQT returned 12.1% and XEQT 12.1% a year on average, including reinvested dividends, as of Nov 6, 2026. Past returns don't predict future ones.
Which pays a higher dividend, VEQT or XEQT?
XEQT does. Over the last 12 months VEQT yielded 1.26%, paid annual, and XEQT 1.63%, paid quarterly.
Should I hold both VEQT and XEQT?
Holding both mostly doubles up on the same stocks, since 85% of each fund is in the same positions. Most investors pick one, often the cheaper one. This is general information, not advice.
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