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 $27.00 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: +0.37%, 1-year: +1.51%, 3-year annualised: +7.59%, 5-year annualised: +2.19%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.76, 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 3.00%, 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, 47.5%), Vanguard Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged) (VBG.NE) (VBG, 16.2%), Vanguard U.S. Aggregate Bond Index ETF (VBU, 15.5%), Vanguard US Total Market (VUN, 9.3%), Vanguard FTSE Canada All Cap (VCN, 6.2%) — 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 (24.2%), 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 $255M 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 4.86% and a beta of 1.11 (more volatile than the broad market). Its 3-year Sharpe ratio of 0.76 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
2026-10-22	$27.02	$27.02	$26.99	$27.00	$27.00	1,147
2026-10-21	$26.98	$26.98	$26.94	$26.96	$26.96	9,260
2026-10-20	$26.83	$26.93	$26.83	$26.93	$26.93	10,734
2026-10-19	$26.97	$26.97	$26.85	$26.85	$26.85	624
2026-10-16	$26.96	$27.01	$26.95	$26.95	$26.95	3,648
2026-10-15	$26.99	$27.02	$26.99	$27.01	$27.01	2,985
2026-10-14	$26.92	$26.94	$26.91	$26.94	$26.94	7,164
2026-10-13	$27.04	$27.04	$26.98	$26.98	$26.98	1,894
2026-10-09	$26.90	$26.97	$26.90	$26.97	$26.97	1,200
2026-10-08	$26.86	$26.86	$26.84	$26.86	$26.86	1,438

#	Ticker	Name	Weight
1	VAB	Vanguard Canadian Aggregate Bond	47.51%
2	VBG	Vanguard Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged) (VBG.NE)	16.22%
3	VBU	Vanguard U.S. Aggregate Bond Index ETF	15.50%
4	VUN	Vanguard US Total Market	9.32%
5	VCN	Vanguard FTSE Canada All Cap	6.20%
6	VIU	Vanguard FTSE Developed All Cap ex North Amer Idx ETF	4.03%
7	VEE	Vanguard FTSE Emerging Markets All Cap Index ETF	1.76%

Sector	Weight
Technology	24.25%
Financial Services	22.47%
Industrials	11.37%
Basic Materials	8.53%
Energy	7.64%
Consumer Cyclicals	7.61%
Healthcare	6.11%
Communication Services	5.45%
Consumer Defensive	4.09%
Utilities	2.34%
Real Estate	2.08%

Ticker	Name	Price	1D
SOXD		$18.09	+20.44%
CGMD		$6.95	+16.03%
GASD		$5.54	+12.37%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$9.75	+12.33%
SLVD	BetaPro Silver -2x Daily Bear ETF	$42.12	+11.75%
MSTZ		$1.97	+11.30%
CSUU		$12.05	+9.95%
QQQD		$7.28	+8.66%

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

Explore More

Frequently Asked Questions — VCIP