VS
Harvest Canadian Equity Income Leaders 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 Financials, Energy, and Materials, while VDY leans towards Financials, 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 15.37% year-to-date with +$21 M in net flows, whereas VDY is at 22.05% with +$1 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 | $171.79 M | $8,270.88 M |
| Management Fees | 0.65% | 0.20% |
| Exp. ratio | 0.79% | 0.22% |
| Tracking Difference | - | -0.03% |
Historical performance and flows
As of June 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HLIF | +2.02% | +7.77% | +15.37% | +36.15% | +73.52% |
VDY | +5.35% | +13.93% | +22.05% | +50.34% | +112.46% | |
| Flows | HLIF | +$7 M | +$12 M | +$21 M | +$17 M | +$31 M |
VDY | +$311 M | +$798 M | +$1,424 M | +$2,331 M | +$3,402 M |
HLIF vs VDY exposure
Countries
HLIF
Canada
93.00%
VDY
Canada
99.63%
Sectors
HLIF
Financials
33.20%
Energy
19.80%
Materials
10.50%
Other
10.30%
Utilities
9.80%
Other
16.40%
VDY
Financials
54.77%
Energy
29.54%
Other
15.68%
As of June 10, 2026
Top 10 Holdings
HLIF
BARRICK GOLD
3.60%
LUNDIN GOLD INC
3.60%
MAGNA INTERNATIONAL
3.50%
POWER CORPORATION OF CANADA
3.40%
SUNCOR ENERGY
3.40%
IGM FINANCIAL
3.40%
CENOVUS ENERGY
3.40%
TORONTO DOMINION
3.40%
ENBRIDGE
3.30%
GREAT WEST LIFECO
3.30%
VDY
ROYAL BK CANADA
14.42%
TORONTO DOMINION
10.36%
ENBRIDGE
6.92%
BANK OF MONTREAL
6.18%
CDN IMPERIAL BK
6.00%
CDN NATURAL RESOURCE
5.58%
BNS
5.56%
SUNCOR ENERGY
4.72%
TC ENERGY CORP
3.99%
MANULIFE-S
3.78%
Diversification
HLIF
Total weight of top 10 holdings out of 28 total
34.30%
VDY
Total weight of top 10 holdings out of 61 total
67.51%
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 | 6.09% | 3.08% |
| 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 June 10, 2026, HLIF has returned 15.37% year to date, while VDY has returned 22.05%. VDY is ahead on YTD performance.
Which ETF is larger by assets under management: HLIF or VDY?
As of June 10, 2026, HLIF manages $171.79 M in assets, while VDY manages $8.27 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 Financials, Energy, and Materials. VDY is most exposed to Financials, Energy, and Utilities.
Which ETF is attracting more investor flows: HLIF or VDY?
Year to date, HLIF has seen +$21.14 M in net flows, compared with +$1,424.29 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 BARRICK GOLD, LUNDIN GOLD INC, and MAGNA INTERNATIONAL. VDY's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and ENBRIDGE.
Which ETF is more diversified: HLIF or VDY?
HLIF holds 28 securities, while VDY holds 58. On holdings count, VDY is the more diversified portfolio.
Recent articles about HLIF and VDY
ETF Comparison: VDY vs XEI
Sector exposure, diversification, and tracking efficiency separate these two dividend ETF heavyweights.
Posted on 6/1/2026 by Kyle Anthony inDividends
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