VS
Compare Manulife Smart Dividend ETF (CDIV) vs TD Q Canadian Dividend ETF (TQCD) to find the best fit for your portfolio. CDIV and TQCD 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 0.35% for TQCD. Performance-wise, CDIV has returned 19.95% year-to-date with +$941 M in net flows, whereas TQCD is at 22.35% with +$2 B. 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
TQCD
| AuM | $2,102.56 M | $3,856.42 M |
| Management Fees | 0.25% | 0.35% |
| Exp. ratio | 0.28% | 0.39% |
| 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% |
TQCD | +2.99% | +0.95% | +22.35% | +27.28% | +117.57% | |
| Flows | CDIV | +$89 M | +$263 M | +$941 M | +$983 M | +$1,213 M |
TQCD | -$34 M | +$275 M | +$1,648 M | +$1,889 M | +$2,834 M |
CDIV vs TQCD exposure
Countries
CDIV
Canada
96.50%
TQCD
Canada
93.08%
Sectors
CDIV
Finance
39.84%
Energy
18.24%
Non-Energy Materials
15.41%
Other
26.51%
TQCD
Finance
42.64%
Energy
17.94%
Non-Energy Materials
17.28%
Industrials
8.28%
Other
13.86%
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%
TQCD
The Bank of Nova Scotia
4.09%
Royal Bank of Canada
3.92%
Canadian Imperial Bank of Commerce
3.82%
The Toronto-Dominion Bank
3.69%
Bank of Montreal
3.66%
Manulife Financial Corp.
3.61%
National Bank of Canada
3.52%
Barrick Mining Corp.
3.36%
Agnico Eagle Mines Ltd.
2.92%
Enbridge, Inc.
2.86%
Diversification
CDIV
Total weight of top 10 holdings out of 54 total
38.59%
TQCD
Total weight of top 10 holdings out of 77 total
35.45%
Characteristics
Compare
CDIV
TQCD
| Provider | Manulife Investments | TD Asset Management |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.82% | 2.55% |
| Meets ESG criteria | No | No |
| Inception Date | November 10, 2020 | November 26, 2019 |
Frequently asked questions about CDIV and TQCD
Which ETF has performed better year to date: CDIV or TQCD?
As of November 11, 2026, CDIV has returned 19.95% year to date, while TQCD has returned 22.35%. TQCD is ahead on YTD performance.
Which ETF is larger by assets under management: CDIV or TQCD?
As of November 11, 2026, CDIV manages $2.10 B in assets, while TQCD manages $3.86 B. TQCD is the larger fund by AUM.
How are CDIV and TQCD managed?
CDIV is actively managed by Manulife Investments. It does not track an index. TQCD is actively managed by TD Asset Management. It does not track an index.
What sectors do CDIV and TQCD emphasize?
CDIV is most exposed to Finance, Energy, and Non-Energy Materials. TQCD is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: CDIV or TQCD?
Year to date, CDIV has seen +$940.73 M in net flows, compared with +$1,648.43 M for TQCD. TQCD has attracted more net investor money so far.
How do the fees of CDIV and TQCD compare?
CDIV has an expense ratio of 0.28%, while TQCD has an expense ratio of 0.39%.
What are the top holdings of CDIV and TQCD?
CDIV's largest holdings include The Toronto-Dominion Bank, Canadian Imperial Bank of Commerce, and The Bank of Nova Scotia. TQCD's top holdings include The Bank of Nova Scotia, Royal Bank of Canada, and Canadian Imperial Bank of Commerce.
Which ETF is more diversified: CDIV or TQCD?
CDIV holds 54 securities, while TQCD holds 77. On holdings count, TQCD is the more diversified portfolio.
Recent articles about CDIV and TQCD
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