VS
Harvest Canadian Equity Income Leaders ETF (HLIF) and iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV) 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 XDIV leans towards Financials, Energy, and Consumer Discretionary. When evaluating costs, HLIF features a management fee (MER) of 0.65%, compared to 0.1% for XDIV. Performance-wise, HLIF has returned 15.37% year-to-date with +$21 M in net flows, whereas XDIV is at 20.41% with +$927 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
XDIV
| AuM | $171.79 M | $5,440.92 M |
| Management Fees | 0.65% | 0.10% |
| Exp. ratio | 0.79% | 0.11% |
| Tracking Difference | - | 1.07% |
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% |
XDIV | +4.36% | +15.56% | +20.41% | +43.39% | +99.43% | |
| Flows | HLIF | +$7 M | +$12 M | +$21 M | +$17 M | +$31 M |
XDIV | +$155 M | +$489 M | +$927 M | +$1,831 M | +$3,029 M |
HLIF vs XDIV exposure
Countries
HLIF
Canada
93.00%
XDIV
Canada
99.82%
Sectors
HLIF
Financials
33.20%
Energy
19.80%
Materials
10.50%
Other
10.30%
Utilities
9.80%
Other
16.40%
XDIV
Financials
46.57%
Energy
28.73%
Consumer Discretionary
11.49%
Utilities
11.33%
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%
XDIV
SUNCOR ENERGY
10.16%
TORONTO DOMINION
9.21%
SUN LIFE FINL
8.69%
ROYAL BK CANADA
8.68%
MANULIFE-S
8.64%
POWER CORPORATION OF CANADA
7.01%
FORTIS
6.58%
PEMBINA PIPELINE
6.16%
RESTAURANT BRANDS INTL
6.04%
TOURMALINE OIL
4.05%
Diversification
HLIF
Total weight of top 10 holdings out of 28 total
34.30%
XDIV
Total weight of top 10 holdings out of 21 total
75.21%
Characteristics
Compare
HLIF
XDIV
| Provider | Harvest Portfolios Group | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | MSCI Canada High Dividend Yield 10% Security Capped Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 6.09% | 3.25% |
| Meets ESG criteria | No | No |
| Inception Date | June 13, 2022 | June 7, 2017 |
Frequently asked questions about HLIF and XDIV
Which ETF has performed better year to date: HLIF or XDIV?
As of June 10, 2026, HLIF has returned 15.37% year to date, while XDIV has returned 20.41%. XDIV is ahead on YTD performance.
Which ETF is larger by assets under management: HLIF or XDIV?
As of June 10, 2026, HLIF manages $171.79 M in assets, while XDIV manages $5.44 B. XDIV is the larger fund by AUM.
How are HLIF and XDIV managed?
HLIF is actively managed by Harvest Portfolios Group. It does not track an index. XDIV is passively managed by iShares. It tracks the MSCI Canada High Dividend Yield 10% Security Capped Net Total Return Index - CAD benchmark.
What sectors do HLIF and XDIV emphasize?
HLIF is most exposed to Financials, Energy, and Materials. XDIV is most exposed to Financials, Energy, and Consumer Discretionary.
Which ETF is attracting more investor flows: HLIF or XDIV?
Year to date, HLIF has seen +$21.14 M in net flows, compared with +$926.99 M for XDIV. XDIV has attracted more net investor money so far.
How do the fees of HLIF and XDIV compare?
HLIF has an expense ratio of 0.79%, while XDIV has an expense ratio of 0.11%.
What are the top holdings of HLIF and XDIV?
HLIF's largest holdings include BARRICK GOLD, LUNDIN GOLD INC, and MAGNA INTERNATIONAL. XDIV's top holdings include SUNCOR ENERGY, TORONTO DOMINION, and SUN LIFE FINL.
Which ETF is more diversified: HLIF or XDIV?
HLIF holds 28 securities, while XDIV holds 21. On holdings count, HLIF is the more diversified portfolio.
Recent articles about HLIF and XDIV
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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.