VS
Compare CIBC MSCI Canada Equity Index ETF (CCEI) vs Manulife Smart Dividend ETF (CDIV) to find the best fit for your portfolio. CCEI and CDIV provide the same top sector exposures: Financials, Energy, and Materials. When evaluating costs, CCEI features a management fee (MER) of 0.04%, compared to 0.25% for CDIV. Performance-wise, CCEI has returned 10.53% year-to-date with +$70 M in net flows, whereas CDIV is at 14.09% with +$438 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
CCEI
CDIV
| AuM | $720.27 M | $1,536.29 M |
| Management Fees | 0.04% | 0.25% |
| Exp. ratio | 0.05% | 0.28% |
| Tracking Difference | -0.03% | - |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CCEI | +1.62% | +5.28% | +10.53% | +33.87% | +91.21% |
CDIV | +1.09% | +5.55% | +14.09% | +36.92% | +86.21% | |
| Flows | CCEI | +$38 M | +$59 M | +$70 M | +$41 M | +$275 M |
CDIV | +$149 M | +$297 M | +$438 M | +$582 M | +$768 M |
CCEI vs CDIV exposure
Countries
CCEI
Canada
93.33%
CDIV
Canada
95.05%
Sectors
CCEI
Financials
28.68%
Energy
18.55%
Materials
18.05%
Other
11.17%
Industrials
8.63%
Other
14.91%
CDIV
Financials
25.49%
Energy
18.83%
Materials
16.57%
Other
9.78%
Industrials
7.63%
Other
21.71%
As of June 11, 2026
Top 10 Holdings
CCEI
ROYAL BK CANADA
6.78%
TORONTO DOMINION
4.74%
ENBRIDGE
3.55%
CDN NATURAL RESOURCE
3.07%
AGNICO EAGLE MINES LTD
3.05%
BANK OF MONTREAL
2.88%
CDN IMPERIAL BK
2.67%
BNS
2.57%
CA11271J1075
2.51%
SUNCOR ENERGY
2.38%
CDIV
BARRICK GOLD
4.20%
TORONTO DOMINION
4.20%
BANK OF MONTREAL
3.86%
CDN NATURAL RESOURCE
3.84%
CDN IMPERIAL BK
3.79%
CDN NATL RAILWAY
3.64%
BNS
3.53%
NUTRIEN LTD
3.53%
MANULIFE-S
3.26%
FORTIS
3.25%
Diversification
CCEI
Total weight of top 10 holdings out of 272 total
34.20%
CDIV
Total weight of top 10 holdings out of 50 total
37.10%
Characteristics
Compare
CCEI
CDIV
| Provider | CIBC | Manulife Investments |
| Management | Passively managed | Actively managed |
| Benchmark | MSCI Canada Domestic IMI GTR Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.19% | 1.64% |
| Meets ESG criteria | No | No |
| Inception Date | March 31, 2021 | November 10, 2020 |
Frequently asked questions about CCEI and CDIV
Which ETF has performed better year to date: CCEI or CDIV?
As of June 11, 2026, CCEI has returned 10.53% year to date, while CDIV has returned 14.09%. CDIV is ahead on YTD performance.
Which ETF is larger by assets under management: CCEI or CDIV?
As of June 11, 2026, CCEI manages $720.27 M in assets, while CDIV manages $1.54 B. CDIV is the larger fund by AUM.
How are CCEI and CDIV managed?
CCEI is passively managed by CIBC. It tracks the MSCI Canada Domestic IMI GTR Index - CAD benchmark. CDIV is actively managed by Manulife Investments. It does not track an index.
What sectors do CCEI and CDIV emphasize?
CCEI is most exposed to Financials, Energy, and Materials. CDIV is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: CCEI or CDIV?
Year to date, CCEI has seen +$69.94 M in net flows, compared with +$437.88 M for CDIV. CDIV has attracted more net investor money so far.
How do the fees of CCEI and CDIV compare?
CCEI has an expense ratio of 0.05%, while CDIV has an expense ratio of 0.28%.
What are the top holdings of CCEI and CDIV?
CCEI's largest holdings include ROYAL BK CANADA and TORONTO DOMINION. CDIV's top holdings include BARRICK GOLD and TORONTO DOMINION.
Which ETF is more diversified: CCEI or CDIV?
CCEI holds 242 securities, while CDIV holds 49. On holdings count, CCEI is the more diversified portfolio.
Recent articles about CCEI and CDIV
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