VS
CIBC Canadian High Dividend Covered Call ETF (CCDC) and Manulife Smart Dividend ETF (CDIV) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CCDC focuses its top 3 sector exposures on Finance, Energy, and Industrials, while CDIV leans towards Finance, Energy, and Non-Energy Materials. When evaluating costs, CCDC features a management fee (MER) of 0.5%, compared to 0.25% for CDIV. Performance-wise, CCDC has returned 17.32% year-to-date with +$17 M in net flows, whereas CDIV is at 18.71% with +$584 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
CCDC
CDIV
| AuM | $27.83 M | $1,736.62 M |
| Management Fees | 0.50% | 0.25% |
| Exp. ratio | 0.50% | 0.28% |
| Tracking Difference | - | - |
Historical performance and flows
As of July 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CCDC | +2.00% | +7.65% | +17.32% | - | - |
CDIV | +3.69% | +6.25% | +18.71% | +37.34% | +90.64% | |
| Flows | CCDC | +$5 M | +$10 M | +$17 M | - | - |
CDIV | +$106 M | +$320 M | +$584 M | +$711 M | +$893 M |
CCDC vs CDIV exposure
Countries
CCDC
Canada
90.72%
Other
9.28%
CDIV
Canada
96.01%
Sectors
CCDC
Finance
48.74%
Energy
18.43%
Industrials
10.01%
Non-Energy Materials
8.67%
Other
14.16%
CDIV
Finance
39.06%
Energy
19.73%
Non-Energy Materials
11.59%
Other
29.62%
As of July 30, 2026
Top 10 Holdings
CCDC
Royal Bank of Canada
7.97%
Bank of Montreal
7.63%
The Toronto-Dominion Bank
7.62%
Enbridge, Inc.
5.58%
Canadian National Railway Co.
5.30%
The Bank of Nova Scotia
5.27%
Manulife Financial Corp.
4.11%
TC Energy Corp.
4.03%
Intact Financial Corp.
3.55%
Barrick Mining Corp.
3.30%
CDIV
The Toronto-Dominion Bank
5.59%
Bank of Montreal
4.14%
Canadian Imperial Bank of Commerce
4.12%
Canadian National Railway Co.
4.05%
Enbridge, Inc.
4.04%
The Bank of Nova Scotia
4.00%
Manulife Financial Corp.
3.86%
Barrick Mining Corp.
3.44%
Canadian Natural Resources Ltd.
3.28%
Nutrien Ltd.
2.91%
Diversification
CCDC
Total weight of top 10 holdings out of 31 total
54.37%
CDIV
Total weight of top 10 holdings out of 54 total
39.44%
Characteristics
Compare
CCDC
CDIV
| Provider | CIBC | Manulife Investments |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 1.76% |
| Meets ESG criteria | No | No |
| Inception Date | August 25, 2025 | November 10, 2020 |
Frequently asked questions about CCDC and CDIV
Which ETF has performed better year to date: CCDC or CDIV?
As of July 30, 2026, CCDC has returned 17.32% year to date, while CDIV has returned 18.71%. CDIV is ahead on YTD performance.
Which ETF is larger by assets under management: CCDC or CDIV?
As of July 30, 2026, CCDC manages $27.83 M in assets, while CDIV manages $1.74 B. CDIV is the larger fund by AUM.
How are CCDC and CDIV managed?
CCDC is actively managed by CIBC. It does not track an index. CDIV is actively managed by Manulife Investments. It does not track an index.
What sectors do CCDC and CDIV emphasize?
CCDC is most exposed to Finance, Energy, and Industrials. CDIV is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: CCDC or CDIV?
Year to date, CCDC has seen +$17.30 M in net flows, compared with +$583.82 M for CDIV. CDIV has attracted more net investor money so far.
How do the fees of CCDC and CDIV compare?
CCDC has an expense ratio of 0.50%, while CDIV has an expense ratio of 0.28%.
What are the top holdings of CCDC and CDIV?
CCDC's largest holdings include Royal Bank of Canada, Bank of Montreal, and The Toronto-Dominion Bank. CDIV's top holdings include The Toronto-Dominion Bank, Bank of Montreal, and Canadian Imperial Bank of Commerce.
Which ETF is more diversified: CCDC or CDIV?
CCDC holds 31 securities, while CDIV holds 54. On holdings count, CDIV is the more diversified portfolio.
Recent articles about CCDC and CDIV
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