FTSE Canada All Cap Index ETF Review (VCN) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 86/100
This equity ETF has an MER of 0.06%. With lower than average fees, it’s a cost-effective option. Managing 256 million in assets, it’s widely trusted by investors. Suitable for those seeking growth with a medium to high risk tolerance.
 
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.

VCN trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The FTSE Canada All Cap Index (VCN) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.  

What is the FTSE Canada All Cap Index ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.06%. This ETF trades on the TSX exchange.

VCN stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $256MM

Expense Ratio: 0.06%

Price: $44.52 (Updated: 3/7/2024)



FTSE Canada All Cap Index (VCN) Top 10 Holdings

Company NameSymbolAssets %
Royal Bank of CanadaRY6.41455
Toronto Dominion BankTD5.17582
Shopify IncSHOP4.32945
Enbridge IncENB3.51589
Canadian Pacific Railway LtdCP3.50157
Canadian National Railway CoCNR3.38529
Canadian Natural Resources LtdCNQ3.20503
Bank of MontrealBMO3.18205
Brookfield CorporationBN2.79214
Bank of Nova ScotiaBNS2.64145

FTSE Canada All Cap Index (VCN) Breakdown by Market Cap

CategoryValue
Mega48.01388
Big31.57491
Medium17.44531
Small2.78677
Micro0.02842

FTSE Canada All Cap Index (VCN) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials9.665078.00181
Consumer Cyclicals5.072087.78668
Financial Services32.134528.98098
Real Estate2.129162.51417
Communication Services3.179194.054
Energy17.0978513.65408
Industrials14.6793915.14966
Technology9.5945310.1917
Consumer Defensive3.17775.55173
Healthcare0.135140.49371
Utilities3.135383.62149

FTSE Canada All Cap Index (VCN) Geographic Breakdown

RegionEquity %Relative to Category
North America99.71699.502
United Kingdom00.26423
Europe Developed00.078
Europe Emerging0.090.028
Africa/Middle East00.003
Japan00.012
Australasia00.022
Asia Developed00.032
Asia Emerging00.044
Latin America0.1950.015

VCN Management Expense Ratio

VCN has a management expense ratio of  0.06% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  


How to Buy  FTSE Canada All Cap Index TSX ETF

You can buy  VCN on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:  
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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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