FTSE Canada Index ETF Review (VCE) 2024

Last Updated: 3/7/2024

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 NameSymbolAssets %
Royal Bank of CanadaRY8.03384
Toronto Dominion BankTD6.48242
Shopify IncSHOP5.42247
Enbridge IncENB4.4035
Canadian Pacific Railway LtdCP4.38556
Canadian National Railway CoCNR4.23992
Canadian Natural Resources LtdCNQ4.01418
Bank of MontrealBMO3.9853
Brookfield CorporationBN3.49704
Bank of Nova ScotiaBNS3.30821

FTSE Canada Index (VCE) Breakdown by Market Cap

CategoryValue
Mega59.95521
Big37.20781
Medium2.83697
Small0
Micro0

FTSE Canada Index (VCE) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials7.91238.00181
Consumer Cyclicals5.171087.78668
Financial Services38.6113928.98098
Real Estate02.51417
Communication Services3.696454.054
Energy17.0252713.65408
Industrials12.3490515.14966
Technology10.0084710.1917
Consumer Defensive3.5245.55173
Healthcare00.49371
Utilities1.699923.62149

FTSE Canada Index (VCE) Geographic Breakdown

RegionEquity %Relative to Category
North America10099.502
United Kingdom00.26423
Europe Developed00.078
Europe Emerging00.028
Africa/Middle East00.003
Japan00.012
Australasia00.022
Asia Developed00.032
Asia Emerging00.044
Latin America00.015

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:  
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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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