VS
CIBC Canadian High Dividend Covered Call ETF (CCDC) and Invesco RAFI Canadian Index ETF (PXC) 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 PXC leans towards Financials, Energy, and Materials. When evaluating costs, CCDC features a management fee (MER) of 0.5%, compared to 0.45% for PXC. Performance-wise, CCDC has returned 14.29% year-to-date with +$10 M in net flows, whereas PXC is at 18.84% with +$34 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
PXC
| AuM | $20.25 M | $255.02 M |
| Management Fees | 0.50% | 0.45% |
| Exp. ratio | 0.50% | 0.49% |
| Tracking Difference | - | 0.14% |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CCDC | +3.67% | +8.47% | +14.29% | - | - |
PXC | +3.35% | +10.30% | +18.84% | +44.53% | +106.36% | |
| Flows | CCDC | +$1 M | +$6 M | +$10 M | - | - |
PXC | -$0 M | +$3 M | +$34 M | +$34 M | -$39 M |
CCDC vs PXC exposure
Countries
CCDC
Canada
93.95%
PXC
Canada
99.76%
Sectors
CCDC
Financials
37.44%
Energy
21.10%
Materials
9.50%
Industrials
8.05%
Other
7.87%
Other
16.04%
PXC
Financials
31.84%
Energy
27.37%
Materials
10.69%
Other
9.34%
Other
20.77%
As of June 12, 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%
PXC
ROYAL BK CANADA
6.02%
TORONTO DOMINION
5.95%
SUNCOR ENERGY
5.81%
CDN NATURAL RESOURCE
4.97%
ENBRIDGE
4.51%
BNS
4.18%
CENOVUS ENERGY
3.58%
NUTRIEN LTD
3.40%
BANK OF MONTREAL
3.20%
CDN IMPERIAL BK
2.98%
Diversification
CCDC
Total weight of top 10 holdings out of 29 total
53.43%
PXC
Total weight of top 10 holdings out of 101 total
44.60%
Characteristics
Compare
CCDC
PXC
| Provider | CIBC | Invesco |
| Management | Actively managed | Passively managed |
| Benchmark | - | RAFI Fundamental Select Canada 100 Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.19% |
| Meets ESG criteria | No | No |
| Inception Date | August 25, 2025 | January 26, 2012 |
Frequently asked questions about CCDC and PXC
Which ETF has performed better year to date: CCDC or PXC?
As of June 12, 2026, CCDC has returned 14.29% year to date, while PXC has returned 18.84%. PXC is ahead on YTD performance.
Which ETF is larger by assets under management: CCDC or PXC?
As of June 12, 2026, CCDC manages $20.25 M in assets, while PXC manages $255.02 M. PXC is the larger fund by AUM.
How are CCDC and PXC managed?
CCDC is actively managed by CIBC. It does not track an index. PXC is passively managed by Invesco. It tracks the RAFI Fundamental Select Canada 100 Index - CAD benchmark.
What sectors do CCDC and PXC emphasize?
CCDC is most exposed to Financials, Energy, and Materials. PXC is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: CCDC or PXC?
Year to date, CCDC has seen +$10.21 M in net flows, compared with +$33.96 M for PXC. PXC has attracted more net investor money so far.
How do the fees of CCDC and PXC compare?
CCDC has an expense ratio of 0.50%, while PXC has an expense ratio of 0.49%.
What are the top holdings of CCDC and PXC?
CCDC's largest holdings include ROYAL BK CANADA, BANK OF MONTREAL, and TORONTO DOMINION. PXC's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: CCDC or PXC?
CCDC holds 28 securities, while PXC holds 92. On holdings count, PXC is the more diversified portfolio.
Recent articles about CCDC and PXC
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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.


