VS
Harvest Canadian Dividend Leaders Income ETF (HLIF) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY) 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 VDY leans towards Finance, Energy, and Utilities. When evaluating costs, HLIF features a management fee (MER) of 0.65%, compared to 0.2% for VDY. Performance-wise, HLIF has returned 19.57% year-to-date with +$49 M in net flows, whereas VDY is at 26.48% 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 | $202.41 M | $9,054.00 M |
| Management Fees | 0.65% | 0.20% |
| Exp. ratio | 0.79% | 0.22% |
| Tracking Difference | - | -0.03% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HLIF | -0.84% | +2.75% | +19.57% | +30.09% | +81.82% |
VDY | -0.79% | +2.79% | +26.48% | +40.72% | +119.72% | |
| Flows | HLIF | +$8 M | +$28 M | +$49 M | +$51 M | +$56 M |
VDY | +$133 M | +$549 M | +$1,973 M | +$2,527 M | +$3,886 M |
HLIF vs VDY exposure
Countries
HLIF
Canada
90.40%
USA
9.47%
VDY
Canada
97.08%
Sectors
HLIF
Finance
40.32%
Energy
23.67%
Utilities
12.64%
Other
23.37%
VDY
Finance
59.82%
Energy
28.36%
Other
11.82%
As of September 11, 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%
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
HLIF
Total weight of top 10 holdings out of 30 total
35.92%
VDY
Total weight of top 10 holdings out of 60 total
69.07%
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 | 6.25% | 3.03% |
| 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 September 11, 2026, HLIF has returned 19.57% year to date, while VDY has returned 26.48%. VDY is ahead on YTD performance.
Which ETF is larger by assets under management: HLIF or VDY?
As of September 11, 2026, HLIF manages $202.41 M in assets, while VDY manages $9.05 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.
What sectors do HLIF and VDY emphasize?
HLIF is most exposed to Finance, Energy, and Utilities. VDY is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: HLIF or VDY?
Year to date, HLIF has seen +$48.77 M in net flows, compared with +$1,973.15 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%.
What are the top holdings of HLIF and VDY?
HLIF's largest holdings include Thomson Reuters Corp., Suncor Energy, Inc., and Canadian Natural Resources Ltd.. VDY's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Bank of Montreal.
Which ETF is more diversified: HLIF or VDY?
HLIF holds 30 securities, while VDY holds 60. On holdings count, VDY is the more diversified portfolio.
Recent articles about HLIF and VDY
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