VS
When evaluating costs, HDIV features a management fee (MER) of 0.65%, compared to 0.2% for VDY. Performance-wise, HDIV has returned 21.02% year-to-date with +$560 M in net flows, whereas VDY is at 26.29% 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
HDIV
VDY
| AuM | $1,884.79 M | $9,036.77 M |
| Management Fees | 0.65% | 0.20% |
| Exp. ratio | 0.96% | 0.22% |
| Tracking Difference | - | -0.03% |
Historical performance and flows
As of September 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HDIV | -0.46% | +6.22% | +21.02% | +33.56% | +113.46% |
VDY | -0.83% | +3.48% | +26.29% | +41.12% | +119.39% | |
| Flows | HDIV | +$75 M | +$198 M | +$560 M | +$740 M | +$1,139 M |
VDY | +$141 M | +$560 M | +$1,969 M | +$2,523 M | +$3,882 M |
HDIV vs VDY exposure
Countries
HDIV
Exposure data will be available soon
VDY
Canada
97.08%
Sectors
HDIV
Exposure data will be available soon
VDY
Finance
59.82%
Energy
28.36%
Other
11.82%
As of September 10, 2026
Top 10 Holdings
HDIV
Exposure data will be available soon
VDY
Royal Bank of Canada
15.83%
The Toronto-Dominion Bank
10.84%
Bank of Montreal
6.86%
Enbridge, Inc.
6.42%
Canadian Imperial Bank of Commerce
5.89%
The Bank of Nova Scotia
5.85%
Canadian Natural Resources Ltd.
5.26%
Suncor Energy, Inc.
4.31%
Manulife Financial Corp.
4.02%
TC Energy Corp.
3.79%
Diversification
HDIV
Exposure data will be available soon
VDY
Total weight of top 10 holdings out of 60 total
69.07%
Characteristics
Compare
HDIV
VDY
| Provider | Hamilton ETFs | Vanguard |
| Management | Actively managed | Passively managed |
| Benchmark | - | FTSE Canada High Dividend Yield Net Tax Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 9.45% | 3.03% |
| Meets ESG criteria | No | No |
| Inception Date | July 19, 2021 | November 2, 2012 |
Frequently asked questions about HDIV and VDY
Which ETF has performed better year to date: HDIV or VDY?
As of September 10, 2026, HDIV has returned 21.02% year to date, while VDY has returned 26.29%. VDY is ahead on YTD performance.
Which ETF is larger by assets under management: HDIV or VDY?
As of September 10, 2026, HDIV manages $1.88 B in assets, while VDY manages $9.04 B. VDY is the larger fund by AUM.
How are HDIV and VDY managed?
HDIV is actively managed by Hamilton ETFs. It does not track an index. VDY is passively managed by Vanguard. It tracks the FTSE Canada High Dividend Yield Net Tax Index - CAD benchmark.
Which ETF is attracting more investor flows: HDIV or VDY?
Year to date, HDIV has seen +$559.90 M in net flows, compared with +$1,969.31 M for VDY. VDY has attracted more net investor money so far.
How do the fees of HDIV and VDY compare?
HDIV has an expense ratio of 0.96%, while VDY has an expense ratio of 0.22%.
Recent articles about HDIV and VDY
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