VS
Compare iShares Canadian Fundamental Index ETF (CRQ) vs Manulife Smart Dividend ETF (CDIV) to find the best fit for your portfolio. CRQ and CDIV provide the same top sector exposures: Finance, Energy, and Non-Energy Materials. When evaluating costs, CRQ features a management fee (MER) of 0.65%, compared to 0.25% for CDIV. Performance-wise, CRQ has returned 20.07% year-to-date with +$14 M in net flows, whereas CDIV is at 15.12% with +$847 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
CRQ
CDIV
| AuM | $151.62 M | $1,926.56 M |
| Management Fees | 0.65% | 0.25% |
| Exp. ratio | 0.72% | 0.28% |
| Tracking Difference | 0.01% | - |
Historical performance and flows
As of October 8, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CRQ | -1.37% | +0.47% | +20.07% | +28.67% | +108.56% |
CDIV | -3.49% | +0.03% | +15.12% | +21.13% | +94.28% | |
| Flows | CRQ | +$2 M | +$4 M | +$14 M | +$14 M | +$0 M |
CDIV | +$82 M | +$340 M | +$847 M | +$914 M | +$1,133 M |
CRQ vs CDIV exposure
Countries
CRQ
Canada
98.63%
CDIV
Canada
96.35%
Sectors
CRQ
Finance
36.90%
Energy
26.27%
Non-Energy Materials
12.72%
Other
24.12%
CDIV
Finance
37.54%
Energy
20.97%
Non-Energy Materials
13.70%
Other
27.78%
As of October 8, 2026
Top 10 Holdings
CRQ
Royal Bank of Canada
6.43%
The Toronto-Dominion Bank
6.18%
Suncor Energy, Inc.
5.10%
Canadian Natural Resources Ltd.
4.97%
The Bank of Nova Scotia
4.66%
Enbridge, Inc.
4.21%
Bank of Montreal
3.43%
Cenovus Energy, Inc.
3.42%
Nutrien Ltd.
3.31%
Canadian Imperial Bank of Commerce
2.82%
CDIV
The Toronto-Dominion Bank
5.25%
Canadian National Railway Co.
4.01%
The Bank of Nova Scotia
3.98%
Barrick Mining Corp.
3.97%
Canadian Natural Resources Ltd.
3.92%
Canadian Imperial Bank of Commerce
3.84%
Manulife Financial Corp.
3.81%
Bank of Montreal
3.78%
Enbridge, Inc.
3.56%
Nutrien Ltd.
3.29%
Diversification
CRQ
Total weight of top 10 holdings out of 100 total
44.54%
CDIV
Total weight of top 10 holdings out of 54 total
39.42%
Characteristics
Compare
CRQ
CDIV
| Provider | iShares | Manulife Investments |
| Management | Passively managed | Actively managed |
| Benchmark | RAFI Fundamental Select Canada 100 Index - CAD | - |
| Replication Method | Direct (Physical) | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.77% | 1.89% |
| Meets ESG criteria | No | No |
| Inception Date | February 22, 2006 | November 10, 2020 |
Frequently asked questions about CRQ and CDIV
Which ETF has performed better year to date: CRQ or CDIV?
As of October 8, 2026, CRQ has returned 20.07% year to date, while CDIV has returned 15.12%. CRQ is ahead on YTD performance.
Which ETF is larger by assets under management: CRQ or CDIV?
As of October 8, 2026, CRQ manages $151.62 M in assets, while CDIV manages $1.93 B. CDIV is the larger fund by AUM.
How are CRQ and CDIV managed?
CRQ is passively managed by iShares. It tracks the RAFI Fundamental Select Canada 100 Index - CAD benchmark. CDIV is actively managed by Manulife Investments. It does not track an index.
What sectors do CRQ and CDIV emphasize?
CRQ is most exposed to Finance, Energy, and Non-Energy Materials. CDIV is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: CRQ or CDIV?
Year to date, CRQ has seen +$14.02 M in net flows, compared with +$846.85 M for CDIV. CDIV has attracted more net investor money so far.
How do the fees of CRQ and CDIV compare?
CRQ has an expense ratio of 0.72%, while CDIV has an expense ratio of 0.28%.
What are the top holdings of CRQ and CDIV?
CRQ's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Suncor Energy, Inc.. CDIV's top holdings include The Toronto-Dominion Bank, Canadian National Railway Co., and The Bank of Nova Scotia.
Which ETF is more diversified: CRQ or CDIV?
CRQ holds 100 securities, while CDIV holds 54. On holdings count, CRQ is the more diversified portfolio.
Recent articles about CRQ and CDIV
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