VS
Compare iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ) vs Global X Inovestor Canadian Equity Index ETF (INOC) to find the best fit for your portfolio. CDZ provides Finance, Energy, and Industrials exposures, while INOC is primarily weighted in Non-Energy Materials, Finance, and Industrials. When evaluating costs, CDZ features a management fee (MER) of 0.6%, compared to 0.75% for INOC. Performance-wise, CDZ has returned 15.93% year-to-date with +$6 M in net flows, whereas INOC is at 17.31% with -$7 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
CDZ
INOC
| AuM | $1,242.85 M | $30.64 M |
| Management Fees | 0.60% | 0.75% |
| Exp. ratio | 0.66% | 0.74% |
| Tracking Difference | -0.83% | -1.07% |
Historical performance and flows
As of October 23, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CDZ | +2.17% | -1.81% | +15.93% | +18.61% | +86.93% |
INOC | -0.63% | +3.75% | +17.31% | +24.51% | +65.13% | |
| Flows | CDZ | +$0 M | -$7 M | +$6 M | +$26 M | -$75 M |
INOC | +$0 M | -$4 M | -$7 M | -$7 M | -$10 M |
CDZ vs INOC exposure
Countries
CDZ
Canada
97.18%
INOC
Canada
90.88%
Other
9.12%
Sectors
CDZ
Finance
28.12%
Energy
20.56%
Industrials
15.22%
Utilities
9.14%
Consumer Non-Cyclicals
7.19%
Other
19.77%
INOC
Non-Energy Materials
23.73%
Finance
18.17%
Industrials
10.79%
Technology
8.59%
Energy
8.38%
Consumer Non-Cyclicals
7.18%
Other
23.16%
As of October 23, 2026
Top 10 Holdings
CDZ
South Bow Corp.
3.48%
Westshore Terminals Investment Corp.
2.87%
Gibson Energy, Inc.
2.82%
Mullen Group Ltd.
2.81%
Canadian Natural Resources Ltd.
2.39%
Pembina Pipeline Corp.
2.30%
Enbridge, Inc.
2.15%
Cenovus Energy, Inc.
2.03%
CT Real Estate Investment Trust
2.03%
Topaz Energy Corp.
1.91%
INOC
K92 Mining, Inc.
5.51%
DPM Metals, Inc.
5.17%
Wesdome Gold Mines Ltd.
5.08%
Altius Minerals Corp.
4.48%
Canadian Natural Resources Ltd.
4.38%
Constellation Software, Inc.
4.35%
CGI, Inc.
4.24%
ARC Resources Ltd.
4.00%
Restaurant Brands International, Inc.
3.98%
CCL Industries, Inc.
3.95%
Diversification
CDZ
Total weight of top 10 holdings out of 93 total
24.79%
INOC
Total weight of top 10 holdings out of 24 total
45.14%
Characteristics
Compare
CDZ
INOC
| Provider | iShares | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX Canadian Dividend Aristocrats Total Return Index - CAD | Nasdaq Inovestor Canada Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.99% | 0.87% |
| Meets ESG criteria | No | No |
| Inception Date | September 8, 2006 | November 13, 2017 |
Frequently asked questions about CDZ and INOC
Which ETF has performed better year to date: CDZ or INOC?
As of October 23, 2026, CDZ has returned 15.93% year to date, while INOC has returned 17.31%. INOC is ahead on YTD performance.
Which ETF is larger by assets under management: CDZ or INOC?
As of October 23, 2026, CDZ manages $1.24 B in assets, while INOC manages $30.64 M. CDZ is the larger fund by AUM.
How are CDZ and INOC managed?
CDZ is passively managed by iShares. It tracks the S&P/TSX Canadian Dividend Aristocrats Total Return Index - CAD benchmark. INOC is passively managed by Global X. It tracks the Nasdaq Inovestor Canada Net Total Return Index - CAD benchmark.
What sectors do CDZ and INOC emphasize?
CDZ is most exposed to Finance, Energy, and Industrials. INOC is most exposed to Non-Energy Materials, Finance, and Industrials.
Which ETF is attracting more investor flows: CDZ or INOC?
Year to date, CDZ has seen +$6.39 M in net flows, compared with -$6.75 M for INOC. CDZ has attracted more net investor money so far.
How do the fees of CDZ and INOC compare?
CDZ has an expense ratio of 0.66%, while INOC has an expense ratio of 0.74%.
What are the top holdings of CDZ and INOC?
CDZ's largest holdings include South Bow Corp., Westshore Terminals Investment Corp., and Gibson Energy, Inc.. INOC's top holdings include K92 Mining, Inc., DPM Metals, Inc., and Wesdome Gold Mines Ltd..
Which ETF is more diversified: CDZ or INOC?
CDZ holds 93 securities, while INOC holds 24. On holdings count, CDZ is the more diversified portfolio.
Recent articles about CDZ and INOC
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