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 $26.93 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: +0.11%, 1-year: +2.60%, 3-year annualised: +6.65%, 5-year annualised: +1.87%. 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, 16.4%), Vanguard U.S. Aggregate Bond Index ETF (VBU, 15.6%), 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 (24.1%), Financial Services (21.8%), Industrials (11.6%). 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 $257M 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
2026-09-10	$27.04	$27.04	$26.93	$26.93	$26.93	4,434
2026-09-09	$27.21	$27.21	$27.12	$27.12	$27.12	420
2026-09-08	$27.26	$27.26	$27.20	$27.20	$27.20	5,052
2026-09-04	$27.32	$27.32	$27.27	$27.27	$27.27	2,300
2026-09-03	$27.20	$27.27	$27.20	$27.24	$27.24	6,511
2026-09-02	$27.20	$27.22	$27.15	$27.17	$27.17	10,938
2026-09-01	$27.24	$27.24	$27.24	$27.24	$27.24	282
2026-08-31	$27.52	$27.52	$27.25	$27.29	$27.29	22,699
2026-08-28	$27.40	$27.40	$27.30	$27.31	$27.31	5,392
2026-08-27	$27.44	$27.44	$27.38	$27.38	$27.38	3,146

#	Ticker	Name	Weight
1	VAB	Vanguard Canadian Aggregate Bond	46.47%
2	VBG	Vanguard Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged) (VBG.NE)	16.41%
3	VBU	Vanguard U.S. Aggregate Bond Index ETF	15.55%
4	VUN	Vanguard US Total Market	9.36%
5	VCN	Vanguard FTSE Canada All Cap	6.53%
6	VIU	Vanguard FTSE Developed All Cap ex North Amer Idx ETF	3.88%
7	VEE	Vanguard FTSE Emerging Markets All Cap Index ETF	1.80%

Sector	Weight
Technology	24.14%
Financial Services	21.83%
Industrials	11.62%
Basic Materials	7.40%
Consumer Cyclicals	7.34%
Energy	7.33%
Healthcare	6.11%
Communication Services	5.53%
Consumer Defensive	4.04%
Utilities	2.55%
Real Estate	2.11%

Ticker	Name	Price	1D
OILU		$65.56	+11.27%
HOU	BetaPro Crude Oil Daily Bull ETF	$29.03	+11.14%
SLVD	BetaPro Silver -2x Daily Bear ETF	$31.94	+10.98%
CGMD		$5.11	+10.61%
SOXD		$15.41	+7.69%
AAPU		$43.36	+7.33%
MSTZ		$3.24	+7.28%
GASD		$5.46	+6.64%

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

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Frequently Asked Questions — VCIP