FTSE Canada Index ETF Review (VCE) 2024
Last Updated: 3/7/2024
VCE 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 Index (VCE) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
Wealth Awesome Rating: 85/100
This equity ETF has an MER of 0.09%. With lower than average fees, it’s a cost-effective option. Managing 344 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.
VCE 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 Index (VCE) 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 Index ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.09%. This ETF trades on the TSX exchange.VCE stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $344MM
Expense Ratio: 0.09%
Price: $48.17 (Updated: 3/7/2024)
FTSE Canada Index (VCE) Top 10 Holdings
| Company Name | Symbol | Assets % |
|---|---|---|
| Royal Bank of Canada | RY | 8.03384 |
| Toronto Dominion Bank | TD | 6.48242 |
| Shopify Inc | SHOP | 5.42247 |
| Enbridge Inc | ENB | 4.4035 |
| Canadian Pacific Railway Ltd | CP | 4.38556 |
| Canadian National Railway Co | CNR | 4.23992 |
| Canadian Natural Resources Ltd | CNQ | 4.01418 |
| Bank of Montreal | BMO | 3.9853 |
| Brookfield Corporation | BN | 3.49704 |
| Bank of Nova Scotia | BNS | 3.30821 |
FTSE Canada Index (VCE) Breakdown by Market Cap
| Category | Value |
|---|---|
| Mega | 59.95521 |
| Big | 37.20781 |
| Medium | 2.83697 |
| Small | 0 |
| Micro | 0 |
FTSE Canada Index (VCE) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 7.9123 | 8.00181 |
| Consumer Cyclicals | 5.17108 | 7.78668 |
| Financial Services | 38.61139 | 28.98098 |
| Real Estate | 0 | 2.51417 |
| Communication Services | 3.69645 | 4.054 |
| Energy | 17.02527 | 13.65408 |
| Industrials | 12.34905 | 15.14966 |
| Technology | 10.00847 | 10.1917 |
| Consumer Defensive | 3.524 | 5.55173 |
| Healthcare | 0 | 0.49371 |
| Utilities | 1.69992 | 3.62149 |
FTSE Canada Index (VCE) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 100 | 99.502 |
| United Kingdom | 0 | 0.26423 |
| Europe Developed | 0 | 0.078 |
| Europe Emerging | 0 | 0.028 |
| Africa/Middle East | 0 | 0.003 |
| Japan | 0 | 0.012 |
| Australasia | 0 | 0.022 |
| Asia Developed | 0 | 0.032 |
| Asia Emerging | 0 | 0.044 |
| Latin America | 0 | 0.015 |
VCE Management Expense Ratio
VCE has a management expense ratio of 0.09% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy FTSE Canada Index TSX ETF
You can buy VCE 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:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |