VS
Compare Invesco S&P/TSX Canadian Dividend Aristocrats ESG Index ETF (ICAE) vs iShares Canadian Fundamental Index ETF (CRQ) to find the best fit for your portfolio. ICAE and CRQ provide the same top sector exposures: Financials, Energy, and Materials. When evaluating costs, ICAE features a management fee (MER) of 0.2%, compared to 0.65% for CRQ. Performance-wise, ICAE has returned 14.38% year-to-date with +$1 M in net flows, whereas CRQ is at 18.03% with +$10 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
ICAE
CRQ
| AuM | $10.73 M | $146.71 M |
| Management Fees | 0.20% | 0.65% |
| Exp. ratio | 0.23% | 0.72% |
| Tracking Difference | -0.41% | -1.14% |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ICAE | +4.37% | +9.98% | +14.38% | +30.33% | +79.67% |
CRQ | +4.27% | +11.30% | +18.03% | +44.09% | +104.66% | |
| Flows | ICAE | -$0 M | -$0 M | +$1 M | +$0 M | +$6 M |
CRQ | -$0 M | +$2 M | +$10 M | +$7 M | -$10 M |
ICAE vs CRQ exposure
Countries
ICAE
Canada
99.61%
CRQ
Canada
99.80%
Sectors
ICAE
Financials
44.07%
Energy
16.40%
Materials
10.07%
Industrials
9.36%
Other
20.10%
CRQ
Financials
41.62%
Energy
23.53%
Other
9.40%
Materials
8.19%
Other
17.25%
As of June 12, 2026
Top 10 Holdings
ICAE
ROYAL BK CANADA
7.91%
ENBRIDGE
7.57%
BANK OF MONTREAL
6.82%
CDN IMPERIAL BK
6.46%
BNS
6.07%
TC ENERGY CORP
4.37%
MANULIFE-S
4.15%
WHEATON PRECIOUS METALS CORP
3.81%
CDN NATL RAILWAY
3.78%
NATIONAL BANK OF CANADA
3.76%
CRQ
ROYAL BK CANADA
7.94%
TORONTO DOMINION
7.60%
ENBRIDGE
5.73%
BNS
5.33%
BANK OF MONTREAL
4.39%
SUNCOR ENERGY
4.19%
CDN NATURAL RESOURCE
4.07%
CDN IMPERIAL BK
3.79%
MANULIFE-S
3.19%
CA11271J1075
3.17%
Diversification
ICAE
Total weight of top 10 holdings out of 63 total
54.68%
CRQ
Total weight of top 10 holdings out of 101 total
49.40%
Characteristics
Compare
ICAE
CRQ
| Provider | Invesco | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX Canadian Dividend Aristocrats ESG FMC Weighted Index - CAD | FTSE RAFI Canada Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.73% | 1.86% |
| Meets ESG criteria | Yes | No |
| Inception Date | February 10, 2023 | February 22, 2006 |
Frequently asked questions about ICAE and CRQ
Which ETF has performed better year to date: ICAE or CRQ?
As of June 12, 2026, ICAE has returned 14.38% year to date, while CRQ has returned 18.03%. CRQ is ahead on YTD performance.
Which ETF is larger by assets under management: ICAE or CRQ?
As of June 12, 2026, ICAE manages $10.73 M in assets, while CRQ manages $146.71 M. CRQ is the larger fund by AUM.
How are ICAE and CRQ managed?
ICAE is passively managed by Invesco. It tracks the S&P/TSX Canadian Dividend Aristocrats ESG FMC Weighted Index - CAD benchmark. CRQ is passively managed by iShares. It tracks the FTSE RAFI Canada Total Return Index - CAD benchmark.
What sectors do ICAE and CRQ emphasize?
ICAE is most exposed to Financials, Energy, and Materials. CRQ is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: ICAE or CRQ?
Year to date, ICAE has seen +$1.46 M in net flows, compared with +$10.17 M for CRQ. CRQ has attracted more net investor money so far.
How do the fees of ICAE and CRQ compare?
ICAE has an expense ratio of 0.23%, while CRQ has an expense ratio of 0.72%.
What are the top holdings of ICAE and CRQ?
ICAE's largest holdings include ROYAL BK CANADA, ENBRIDGE, and BANK OF MONTREAL. CRQ's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: ICAE or CRQ?
ICAE holds 60 securities, while CRQ holds 90. On holdings count, CRQ is the more diversified portfolio.
Recent articles about ICAE and CRQ
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