Question 1

What is VCNS?

Accepted Answer

VCNS — Vanguard Conservative ETF Portfolio — is a Canadian-listed ETF trading on the TSX. Vanguard Conservative ETF Portfolio seeks to provide a combination of income and moderate long-term capital growth by investing in equity and fixed income securities.

Question 2

What is the VCNS ETF price today?

Accepted Answer

VCNS last traded at $32.62 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the VCNS MER (management expense ratio)?

Accepted Answer

VCNS 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%, VCNS is considered a low-cost ETF.

Question 4

What are VCNS annualised returns?

Accepted Answer

VCNS historical returns: YTD: +3.62%, 1-year: +11.64%, 3-year annualised: +10.39%, 5-year annualised: +5.06%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.11, which measures risk-adjusted return.

Question 5

Does VCNS pay dividends or distributions?

Accepted Answer

Yes, VCNS distributes income to unitholders. The current distribution yield is approximately 2.40%, 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 VCNS invest in?

Accepted Answer

VCNS's top holdings include VAB (VAB, 34.6%), VUN (VUN, 18.5%), VCN (VCN, 12.2%), VBG (VBG, 12.2%), VBU (VBU, 11.6%) — 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 VCNS invest in?

Accepted Answer

VCNS's largest sector exposures are Technology (24.4%), Financial Services (20.5%), Industrials (11.3%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is VCNS? (Assets under management)

Accepted Answer

VCNS has approximately $931M 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 VCNS launched?

Accepted Answer

VCNS was launched on January 25, 2018, giving it a 8-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 VCNS in Canada?

Accepted Answer

VCNS trades on the TSX under the ticker VCNS. 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 VCNS?

Accepted Answer

VCNS has a 1-year volatility of 5.70% and a beta of 1.27 (more volatile than the broad market). Its 3-year Sharpe ratio of 1.11 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-20	$32.78	$32.78	$32.62	$32.62	$32.62	18,412
2026-07-17	$32.70	$32.73	$32.63	$32.68	$32.68	80,644
2026-07-16	$32.80	$32.84	$32.73	$32.81	$32.81	35,328
2026-07-15	$32.91	$32.91	$32.83	$32.89	$32.89	27,144
2026-07-14	$32.85	$32.87	$32.80	$32.82	$32.82	30,454
2026-07-13	$32.89	$32.89	$32.79	$32.80	$32.80	34,926
2026-07-10	$32.94	$33.00	$32.90	$32.99	$32.99	19,311
2026-07-09	$32.84	$32.97	$32.84	$32.93	$32.93	34,428
2026-07-08	$32.84	$32.84	$32.67	$32.81	$32.81	24,532
2026-07-07	$33.15	$33.15	$32.94	$32.97	$32.97	44,671

#	Ticker	Name	Weight
1	VAB	VAB	34.64%
2	VUN	VUN	18.52%
3	VCN	VCN	12.22%
4	VBG	VBG	12.16%
5	VBU	VBU	11.62%
6	VIU	VIU	7.54%
7	VEE	VEE	3.30%

Sector	Weight
Technology	24.43%
Financial Services	20.47%
Industrials	11.31%
Basic Materials	8.02%
Consumer Cyclicals	7.61%
Energy	7.59%
Communication Services	6.02%
Healthcare	5.90%
Consumer Defensive	4.02%
Utilities	2.52%
Real Estate	2.11%

Vanguard Conservative ETF Portfolio (VCNS : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Vanguard Conservative ETF Portfolio

ETF Details

7 stocks to buy and hold forever

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Frequently Asked Questions — VCNS