VS
CIBC Canadian High Dividend Covered Call ETF (CCDC) and Invesco S&P/TSX Canadian Dividend Aristocrats ESG Index ETF (ICAE) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CCDC focuses its top 3 sector exposures on Financials, Energy, and Materials, while ICAE leans towards Financials, Energy, and Materials. When evaluating costs, CCDC features a management fee (MER) of 0.5%, compared to 0.2% for ICAE. Performance-wise, CCDC has returned 14.47% year-to-date with +$11 M in net flows, whereas ICAE is at 15.19% with +$1 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
ICAE
| AuM | $21.48 M | $10.81 M |
| Management Fees | 0.50% | 0.20% |
| Exp. ratio | 0.50% | 0.23% |
| Tracking Difference | - | -0.41% |
Historical performance and flows
As of June 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CCDC | +3.59% | +7.94% | +14.47% | - | - |
ICAE | +4.84% | +9.99% | +15.19% | +32.36% | +80.28% | |
| Flows | CCDC | +$2 M | +$7 M | +$11 M | - | - |
ICAE | -$0 M | -$0 M | +$1 M | +$0 M | +$6 M |
CCDC vs ICAE exposure
Countries
CCDC
Canada
93.95%
ICAE
Canada
99.61%
Sectors
CCDC
Financials
37.44%
Energy
21.10%
Materials
9.50%
Industrials
8.05%
Other
7.87%
Other
16.04%
ICAE
Financials
44.07%
Energy
16.40%
Materials
10.07%
Industrials
9.36%
Other
20.10%
As of June 17, 2026
Top 10 Holdings
CCDC
ROYAL BK CANADA
8.28%
BANK OF MONTREAL
6.91%
TORONTO DOMINION
6.86%
ENBRIDGE
5.65%
BNS
5.05%
CDN NATURAL RESOURCE
4.64%
MANULIFE-S
4.63%
CANADIAN PACIFIC RAILWAY
4.09%
AGNICO EAGLE MINES LTD
3.68%
INTACT FINANCIAL
3.65%
ICAE
ROYAL BK CANADA
7.91%
ENBRIDGE
7.57%
BANK OF MONTREAL
6.82%
CDN IMPERIAL BK
6.46%
BNS
6.07%
TC ENERGY CORP
4.37%
MANULIFE-S
4.15%
WHEATON PRECIOUS METALS CORP
3.81%
CDN NATL RAILWAY
3.78%
NATIONAL BANK OF CANADA
3.76%
Diversification
CCDC
Total weight of top 10 holdings out of 29 total
53.43%
ICAE
Total weight of top 10 holdings out of 63 total
54.68%
Characteristics
Compare
CCDC
ICAE
| Provider | CIBC | Invesco |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P/TSX Canadian Dividend Aristocrats ESG FMC Weighted Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.71% |
| Meets ESG criteria | No | Yes |
| Inception Date | August 25, 2025 | February 10, 2023 |
Frequently asked questions about CCDC and ICAE
Which ETF has performed better year to date: CCDC or ICAE?
As of June 17, 2026, CCDC has returned 14.47% year to date, while ICAE has returned 15.19%. ICAE is ahead on YTD performance.
Which ETF is larger by assets under management: CCDC or ICAE?
As of June 17, 2026, CCDC manages $21.48 M in assets, while ICAE manages $10.81 M. CCDC is the larger fund by AUM.
How are CCDC and ICAE managed?
CCDC is actively managed by CIBC. It does not track an index. ICAE is passively managed by Invesco. It tracks the S&P/TSX Canadian Dividend Aristocrats ESG FMC Weighted Index - CAD benchmark.
What sectors do CCDC and ICAE emphasize?
CCDC is most exposed to Financials, Energy, and Materials. ICAE is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: CCDC or ICAE?
Year to date, CCDC has seen +$11.40 M in net flows, compared with +$1.46 M for ICAE. CCDC has attracted more net investor money so far.
How do the fees of CCDC and ICAE compare?
CCDC has an expense ratio of 0.50%, while ICAE has an expense ratio of 0.23%.
What are the top holdings of CCDC and ICAE?
CCDC's largest holdings include ROYAL BK CANADA, BANK OF MONTREAL, and TORONTO DOMINION. ICAE's top holdings include ROYAL BK CANADA, ENBRIDGE, and BANK OF MONTREAL.
Which ETF is more diversified: CCDC or ICAE?
CCDC holds 28 securities, while ICAE holds 60. On holdings count, ICAE is the more diversified portfolio.
Recent articles about CCDC and ICAE
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.