VS
When evaluating costs, HLIF features a management fee (MER) of 0.65%, compared to 0.2% for VDY. Performance-wise, HLIF has returned 21.47% year-to-date with +$76 M in net flows, whereas VDY is at 30.19% 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
HLIF
VDY
| AuM | $232.35 M | $9,388.06 M |
| Management Fees | 0.65% | 0.20% |
| Exp. ratio | 0.79% | 0.22% |
| Tracking Difference | - | -0.03% |
Historical performance and flows
As of October 26, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HLIF | +3.18% | +0.67% | +21.47% | +27.52% | +97.15% |
VDY | +3.30% | +1.06% | +30.19% | +39.76% | +137.48% | |
| Flows | HLIF | +$21 M | +$47 M | +$76 M | +$80 M | +$83 M |
VDY | +$55 M | +$248 M | +$2,080 M | +$2,420 M | +$3,957 M |
HLIF vs VDY exposure
Countries
HLIF
Exposure data will be available soon
VDY
Canada
96.94%
Sectors
HLIF
Exposure data will be available soon
VDY
Finance
59.44%
Energy
28.52%
Other
12.04%
As of October 26, 2026
Top 10 Holdings
HLIF
Exposure data will be available soon
VDY
Royal Bank of Canada
15.65%
The Toronto-Dominion Bank
11.07%
Bank of Montreal
6.59%
The Bank of Nova Scotia
6.17%
Enbridge, Inc.
6.05%
Canadian Imperial Bank of Commerce
5.71%
Canadian Natural Resources Ltd.
5.60%
Suncor Energy, Inc.
4.35%
Manulife Financial Corp.
3.88%
TC Energy Corp.
3.57%
Diversification
HLIF
Exposure data will be available soon
VDY
Total weight of top 10 holdings out of 60 total
68.65%
Characteristics
Compare
HLIF
VDY
| Provider | Harvest Portfolios Group | 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 | 6.28% | 3.21% |
| Meets ESG criteria | No | No |
| Inception Date | June 13, 2022 | November 2, 2012 |
Frequently asked questions about HLIF and VDY
Which ETF has performed better year to date: HLIF or VDY?
As of October 26, 2026, HLIF has returned 21.47% year to date, while VDY has returned 30.19%. VDY is ahead on YTD performance.
Which ETF is larger by assets under management: HLIF or VDY?
As of October 26, 2026, HLIF manages $232.35 M in assets, while VDY manages $9.39 B. VDY is the larger fund by AUM.
How are HLIF and VDY managed?
HLIF is actively managed by Harvest Portfolios Group. 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: HLIF or VDY?
Year to date, HLIF has seen +$75.93 M in net flows, compared with +$2,079.68 M for VDY. VDY has attracted more net investor money so far.
How do the fees of HLIF and VDY compare?
HLIF has an expense ratio of 0.79%, while VDY has an expense ratio of 0.22%.
Recent articles about HLIF and VDY
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