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Compare iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ) vs CI Morningstar Canada Momentum Index ETF (WXM) to find the best fit for your portfolio. CDZ provides Finance, Energy, and Industrials exposures, while WXM is primarily weighted in Finance, Non-Energy Materials, and Industrials. When evaluating costs, CDZ features a management fee (MER) of 0.6%, compared to 0.6% for WXM. Performance-wise, CDZ has returned 15.93% year-to-date with +$6 M in net flows, whereas WXM is at 12.67% with +$96 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
WXM
| AuM | $1,242.85 M | $1,096.81 M |
| Management Fees | 0.60% | 0.60% |
| Exp. ratio | 0.66% | 0.65% |
| Tracking Difference | -0.83% | -0.93% |
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% |
WXM | -1.02% | -2.06% | +12.67% | +22.85% | +123.25% | |
| Flows | CDZ | +$0 M | -$7 M | +$6 M | +$26 M | -$75 M |
WXM | -$7 M | -$457 M | +$96 M | +$81 M | +$41 M |
CDZ vs WXM exposure
Countries
CDZ
Canada
97.18%
WXM
Canada
93.46%
Sectors
CDZ
Finance
28.12%
Energy
20.56%
Industrials
15.22%
Utilities
9.14%
Consumer Non-Cyclicals
7.19%
Other
19.77%
WXM
Finance
28.32%
Non-Energy Materials
22.41%
Industrials
15.37%
Other
33.90%
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%
WXM
DPM Metals, Inc.
4.79%
K92 Mining, Inc.
4.37%
Altius Minerals Corp.
3.89%
Great-West Lifeco, Inc.
3.78%
Teck Resources Limited
3.71%
Restaurant Brands International, Inc.
3.68%
IGM Financial, Inc.
3.65%
CES Energy Solutions Corp.
3.61%
PrairieSky Royalty Ltd.
3.60%
The Toronto-Dominion Bank
3.58%
Diversification
CDZ
Total weight of top 10 holdings out of 93 total
24.79%
WXM
Total weight of top 10 holdings out of 31 total
38.68%
Characteristics
Compare
CDZ
WXM
| Provider | iShares | CI |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX Canadian Dividend Aristocrats Total Return Index - CAD | Morningstar Canada Target Momentum Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.99% | 1.16% |
| Meets ESG criteria | No | No |
| Inception Date | September 8, 2006 | February 13, 2012 |
Frequently asked questions about CDZ and WXM
Which ETF has performed better year to date: CDZ or WXM?
As of October 23, 2026, CDZ has returned 15.93% year to date, while WXM has returned 12.67%. CDZ is ahead on YTD performance.
Which ETF is larger by assets under management: CDZ or WXM?
As of October 23, 2026, CDZ manages $1.24 B in assets, while WXM manages $1.10 B. CDZ is the larger fund by AUM.
How are CDZ and WXM managed?
CDZ is passively managed by iShares. It tracks the S&P/TSX Canadian Dividend Aristocrats Total Return Index - CAD benchmark. WXM is passively managed by CI. It tracks the Morningstar Canada Target Momentum Total Return Index - CAD benchmark.
What sectors do CDZ and WXM emphasize?
CDZ is most exposed to Finance, Energy, and Industrials. WXM is most exposed to Finance, Non-Energy Materials, and Industrials.
Which ETF is attracting more investor flows: CDZ or WXM?
Year to date, CDZ has seen +$6.39 M in net flows, compared with +$96.37 M for WXM. WXM has attracted more net investor money so far.
How do the fees of CDZ and WXM compare?
CDZ has an expense ratio of 0.66%, while WXM has an expense ratio of 0.65%.
What are the top holdings of CDZ and WXM?
CDZ's largest holdings include South Bow Corp., Westshore Terminals Investment Corp., and Gibson Energy, Inc.. WXM's top holdings include DPM Metals, Inc., K92 Mining, Inc., and Altius Minerals Corp..
Which ETF is more diversified: CDZ or WXM?
CDZ holds 93 securities, while WXM holds 31. On holdings count, CDZ is the more diversified portfolio.
Recent articles about CDZ and WXM
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