Question 1

What is VCIP?

Accepted Answer

VCIP — Vanguard Conservative Income ETF Portfolio — is a Canadian-listed ETF trading on the TSX. Vanguard Conservative Income ETF Portfolio seeks to provide a combination of income and some long-term capital growth by investing in equity and fixed income securities.

Question 2

What is the VCIP ETF price today?

Accepted Answer

VCIP last traded at $26.79 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the VCIP MER (management expense ratio)?

Accepted Answer

VCIP has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, VCIP is considered a low-cost ETF.

Question 4

What are VCIP annualised returns?

Accepted Answer

VCIP historical returns: YTD: -0.41%, 1-year: +2.68%, 3-year annualised: +7.51%, 5-year annualised: +2.16%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.60, which measures risk-adjusted return.

Question 5

Does VCIP pay dividends or distributions?

Accepted Answer

Yes, VCIP distributes income to unitholders. The current distribution yield is approximately 2.96%, paid quarterly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does VCIP invest in?

Accepted Answer

VCIP's top holdings include Vanguard Canadian Aggregate Bond (VAB, 46.5%), Vanguard Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged) (VBG.NE) (VBG, 16.3%), Vanguard U.S. Aggregate Bond Index ETF (VBU, 15.5%), Vanguard US Total Market (VUN, 9.4%), Vanguard FTSE Canada All Cap (VCN, 6.5%) — and 2 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Can FI Gbl Tgt Alloc NR CAD.

Question 7

What sectors does VCIP invest in?

Accepted Answer

VCIP's largest sector exposures are Technology (22.9%), Financial Services (22.5%), Industrials (11.4%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is VCIP? (Assets under management)

Accepted Answer

VCIP has approximately $258M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was VCIP launched?

Accepted Answer

VCIP was launched on January 29, 2019, giving it a 7-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy VCIP in Canada?

Accepted Answer

VCIP trades on the TSX under the ticker VCIP. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is VCIP?

Accepted Answer

VCIP has a 1-year volatility of 4.96% and a beta of 1.11 (more volatile than the broad market). Its 3-year Sharpe ratio of 0.60 indicates moderate risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-10-01	$26.53	$26.82	$26.27	$26.79	$26.79	5,300
2026-09-30	$26.96	$26.96	$26.93	$26.94	$26.75	9,300
2026-09-29	$27.04	$27.04	$26.93	$26.96	$26.96	858
2026-09-28	$26.96	$27.01	$26.96	$27.00	$27.00	4,010
2026-09-25	$27.08	$27.10	$27.07	$27.10	$27.10	6,941
2026-09-24	$27.05	$27.06	$27.01	$27.01	$27.01	2,601
2026-09-23	$27.27	$27.27	$27.06	$27.06	$27.06	4,450
2026-09-22	$27.29	$27.30	$27.23	$27.30	$27.30	14,803
2026-09-21	$27.13	$27.22	$27.13	$27.22	$27.22	3,385
2026-09-18	$27.08	$27.09	$27.05	$27.08	$27.08	9,177

#	Ticker	Name	Weight
1	VAB	Vanguard Canadian Aggregate Bond	46.48%
2	VBG	Vanguard Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged) (VBG.NE)	16.33%
3	VBU	Vanguard U.S. Aggregate Bond Index ETF	15.53%
4	VUN	Vanguard US Total Market	9.42%
5	VCN	Vanguard FTSE Canada All Cap	6.48%
6	VIU	Vanguard FTSE Developed All Cap ex North Amer Idx ETF	3.93%
7	VEE	Vanguard FTSE Emerging Markets All Cap Index ETF	1.82%

Sector	Weight
Technology	22.91%
Financial Services	22.47%
Industrials	11.41%
Energy	7.85%
Consumer Cyclicals	7.56%
Basic Materials	7.12%
Healthcare	6.26%
Communication Services	5.62%
Consumer Defensive	4.15%
Utilities	2.51%
Real Estate	2.15%

Ticker	Name	Price	1D
MSTU		$43.77	+9.62%
OILU		$59.51	+6.19%
HOU	BetaPro Crude Oil Daily Bull ETF	$26.42	+5.98%
MUU		$19.42	+5.72%
RDDY	Harvest Reddit Enhanced High Income Shares ETF	$4.63	+5.71%
MSTE	Harvest MicroStrategy Enhanced High Income Shares ETF - Class A Units	$2.85	+4.40%
CSHI	Ninepoint Constellation Software HighShares ETF	$12.40	+4.11%
HND	BetaPro Natural Gas 2x Daily Bear	$24.40	+4.01%

CIBC Investor's Edge

Vanguard Conservative Income ETF Portfolio (VCIP : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Vanguard Conservative Income ETF Portfolio

ETF Details

7 stocks to buy and hold forever

Compare VCIP

Explore More

Compare VCIP vs Similar ETFs

Frequently Asked Questions — VCIP