VS
Compare Manulife Smart Dividend ETF (CDIV) vs RBC Quant Canadian Dividend Leaders ETF (RCD) to find the best fit for your portfolio. CDIV and RCD provide the same top sector exposures: Finance, Energy, and Non-Energy Materials. When evaluating costs, CDIV features a management fee (MER) of 0.25%, compared to 0.39% for RCD. Performance-wise, CDIV has returned 19.95% year-to-date with +$941 M in net flows, whereas RCD is at 17.53% with +$80 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
CDIV
RCD
| AuM | $2,102.56 M | $438.07 M |
| Management Fees | 0.25% | 0.39% |
| Exp. ratio | 0.28% | 0.43% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CDIV | +2.17% | +0.59% | +19.95% | +25.26% | +100.00% |
RCD | +1.41% | +1.54% | +17.53% | +22.35% | +100.66% | |
| Flows | CDIV | +$89 M | +$263 M | +$941 M | +$983 M | +$1,213 M |
RCD | +$4 M | +$10 M | +$80 M | +$95 M | +$184 M |
CDIV vs RCD exposure
Countries
CDIV
Canada
96.50%
RCD
Canada
99.32%
Sectors
CDIV
Finance
39.84%
Energy
18.24%
Non-Energy Materials
15.41%
Other
26.51%
RCD
Finance
39.09%
Energy
19.89%
Non-Energy Materials
15.76%
Industrials
7.53%
Other
17.73%
As of November 11, 2026
Top 10 Holdings
CDIV
The Toronto-Dominion Bank
5.32%
Canadian Imperial Bank of Commerce
4.02%
The Bank of Nova Scotia
4.01%
Bank of Montreal
3.99%
Manulife Financial Corp.
3.97%
Enbridge, Inc.
3.96%
Canadian National Railway Co.
3.95%
Barrick Mining Corp.
3.83%
Nutrien Ltd.
2.84%
Pembina Pipeline Corp.
2.69%
RCD
The Bank of Nova Scotia
6.59%
The Toronto-Dominion Bank
6.53%
Royal Bank of Canada
6.07%
Bank of Montreal
5.47%
TC Energy Corp.
4.73%
Canadian Natural Resources Ltd.
4.55%
Manulife Financial Corp.
4.50%
Constellation Software, Inc.
3.90%
Barrick Mining Corp.
3.86%
Kinross Gold Corp.
3.39%
Diversification
CDIV
Total weight of top 10 holdings out of 54 total
38.59%
RCD
Total weight of top 10 holdings out of 66 total
49.59%
Characteristics
Compare
CDIV
RCD
| Provider | Manulife Investments | RBC Global Asset Management |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.82% | 2.69% |
| Meets ESG criteria | No | No |
| Inception Date | November 10, 2020 | January 15, 2014 |
Frequently asked questions about CDIV and RCD
Which ETF has performed better year to date: CDIV or RCD?
As of November 11, 2026, CDIV has returned 19.95% year to date, while RCD has returned 17.53%. CDIV is ahead on YTD performance.
Which ETF is larger by assets under management: CDIV or RCD?
As of November 11, 2026, CDIV manages $2.10 B in assets, while RCD manages $438.07 M. CDIV is the larger fund by AUM.
How are CDIV and RCD managed?
CDIV is actively managed by Manulife Investments. It does not track an index. RCD is actively managed by RBC Global Asset Management. It does not track an index.
What sectors do CDIV and RCD emphasize?
CDIV is most exposed to Finance, Energy, and Non-Energy Materials. RCD is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: CDIV or RCD?
Year to date, CDIV has seen +$940.73 M in net flows, compared with +$80.41 M for RCD. CDIV has attracted more net investor money so far.
How do the fees of CDIV and RCD compare?
CDIV has an expense ratio of 0.28%, while RCD has an expense ratio of 0.43%.
What are the top holdings of CDIV and RCD?
CDIV's largest holdings include The Toronto-Dominion Bank, Canadian Imperial Bank of Commerce, and The Bank of Nova Scotia. RCD's top holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Royal Bank of Canada.
Which ETF is more diversified: CDIV or RCD?
CDIV holds 54 securities, while RCD holds 66. On holdings count, RCD is the more diversified portfolio.
Recent articles about CDIV and RCD
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