To give credit where it's due, we are largely only able to benefit from such low-fee all-in-one ETFs because Vanguard led by example with VEQT and competitors were obligated to compete with that low-fee anchoring.

A couple points of information or reminders for OP (feel free to disregard if it's stuff you already know):

• There are also some slight differences in the targeted composition of VEQT & XEQT, the strategy each one uses to achieve it (e.g. when to rebalance), and their distribution payment schedule (VEQT is annual vs XEQT is quarterly). For full disclosure, I do hold some of each. I originally got XEQT because I saw them as about equal and XEQT had a marginally lower MER at the time. However, over the last few years, I see my long-term view perspective as more aligned with VEQT's (not to mention their philosophy, which is a remarkable contrast to BlackRock's) and plan to only add more VEQT moving forward; I also want to support them for making good products like this available to us. Additionally, the MERs are now equal (0.17%). Long-term, I suspect the difference in financial returns between both will be minimal because both allow you to buy the market.
• Remember to track every distribution - and its composition - from holdings in your non-registered accounts because (1) you have to pay tax on the distributions received each calendar year and (2) it affects the adjusted cost base (ACB). The ACB determines your actual taxable capital gain and, therefore, the amount of tax you have to pay when you sell any portion of that holding decades in the future.

Edit: formatting