VS
Harvest Canadian Dividend Leaders Income ETF (HLIF) and CI RAFI Canadian Index ETF (PXC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HLIF focuses its top 3 sector exposures on Finance, Energy, and Utilities, while PXC leans towards Finance, Energy, and Non-Energy Materials. When evaluating costs, HLIF features a management fee (MER) of 0.65%, compared to 0.45% for PXC. Performance-wise, HLIF has returned 19.21% year-to-date with +$47 M in net flows, whereas PXC is at 22.55% with +$37 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
HLIF
PXC
| AuM | $199.91 M | $264.75 M |
| Management Fees | 0.65% | 0.45% |
| Exp. ratio | 0.79% | 0.51% |
| Tracking Difference | - | 0.11% |
Historical performance and flows
As of September 8, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HLIF | -0.66% | +3.33% | +19.21% | +30.28% | +81.28% |
PXC | +0.34% | +4.53% | +22.55% | +36.70% | +108.50% | |
| Flows | HLIF | +$6 M | +$26 M | +$47 M | +$49 M | +$54 M |
PXC | +$3 M | +$3 M | +$37 M | +$37 M | -$43 M |
HLIF vs PXC exposure
Countries
HLIF
Canada
90.40%
USA
9.47%
PXC
Canada
98.14%
Sectors
HLIF
Finance
40.32%
Energy
23.67%
Utilities
12.64%
Other
23.37%
PXC
Finance
48.70%
Energy
23.07%
Non-Energy Materials
8.63%
Other
19.61%
As of September 8, 2026
Top 10 Holdings
HLIF
Thomson Reuters Corp.
4.09%
Suncor Energy, Inc.
3.83%
Canadian Natural Resources Ltd.
3.65%
IGM Financial, Inc.
3.61%
Nutrien Ltd.
3.54%
Manulife Financial Corp.
3.52%
Power Corp of Canada
3.49%
Canadian Utilities Ltd.
3.43%
Sun Life Financial, Inc.
3.40%
Brookfield Asset Management Ltd.
3.37%
PXC
Royal Bank of Canada
8.88%
The Toronto-Dominion Bank
8.09%
The Bank of Nova Scotia
5.76%
Enbridge, Inc.
5.48%
Bank of Montreal
4.93%
Suncor Energy, Inc.
3.90%
Canadian Natural Resources Ltd.
3.86%
Canadian Imperial Bank of Commerce
3.85%
Manulife Financial Corp.
3.46%
Brookfield Corp.
2.82%
Diversification
HLIF
Total weight of top 10 holdings out of 30 total
35.92%
PXC
Total weight of top 10 holdings out of 101 total
51.03%
Characteristics
Compare
HLIF
PXC
| Provider | Harvest Portfolios Group | CI |
| Management | Actively managed | Passively 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 | 6.27% | 2.14% |
| Meets ESG criteria | No | No |
| Inception Date | June 13, 2022 | January 26, 2012 |
Frequently asked questions about HLIF and PXC
Which ETF has performed better year to date: HLIF or PXC?
As of September 8, 2026, HLIF has returned 19.21% year to date, while PXC has returned 22.55%. PXC is ahead on YTD performance.
Which ETF is larger by assets under management: HLIF or PXC?
As of September 8, 2026, HLIF manages $199.91 M in assets, while PXC manages $264.75 M. PXC is the larger fund by AUM.
How are HLIF and PXC managed?
HLIF is actively managed by Harvest Portfolios Group. It does not track an index. PXC is passively managed by CI. It tracks the RAFI Fundamental Select Canada 100 Index - CAD benchmark.
What sectors do HLIF and PXC emphasize?
HLIF is most exposed to Finance, Energy, and Utilities. PXC is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: HLIF or PXC?
Year to date, HLIF has seen +$46.87 M in net flows, compared with +$37.20 M for PXC. HLIF has attracted more net investor money so far.
How do the fees of HLIF and PXC compare?
HLIF has an expense ratio of 0.79%, while PXC has an expense ratio of 0.51%.
What are the top holdings of HLIF and PXC?
HLIF's largest holdings include Thomson Reuters Corp., Suncor Energy, Inc., and Canadian Natural Resources Ltd.. PXC's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and The Bank of Nova Scotia.
Which ETF is more diversified: HLIF or PXC?
HLIF holds 30 securities, while PXC holds 100. On holdings count, PXC is the more diversified portfolio.
Recent articles about HLIF and PXC
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.