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Manulife Smart International Dividend ETF (IDIV.B) and Vanguard FTSE Developed ex North America High Dividend Yield Index ETF (VIDY) offer distinct profiles for Canadian ETF investors. A direct comparison shows that IDIV.B focuses its top 3 sector exposures on Finance, Industrials, and Consumer Non-Cyclicals, while VIDY leans towards Finance, Healthcare, and Consumer Non-Cyclicals. When evaluating costs, IDIV.B features a management fee (MER) of 0.35%, compared to 0.28% for VIDY. Performance-wise, IDIV.B has returned 17.61% year-to-date with +$1 B in net flows, whereas VIDY is at 19.73% with +$844 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
IDIV.B
VIDY
| AuM | $2,321.27 M | $2,262.28 M |
| Management Fees | 0.35% | 0.28% |
| Exp. ratio | 0.40% | 0.32% |
| Tracking Difference | - | -0.10% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | IDIV.B | -0.91% | +5.16% | +17.61% | +23.73% | +92.27% |
VIDY | -0.13% | +7.89% | +19.73% | +27.56% | +94.47% | |
| Flows | IDIV.B | +$152 M | +$477 M | +$1,466 M | +$1,687 M | +$1,866 M |
VIDY | +$74 M | +$223 M | +$844 M | +$1,169 M | +$1,735 M |
IDIV.B vs VIDY exposure
Countries
IDIV.B
Japan
18.89%
France
12.44%
United Kingdom
10.83%
Italy
9.09%
Other
48.75%
VIDY
Japan
16.30%
United Kingdom
15.80%
Switzerland
11.11%
Australia
10.68%
France
7.99%
Other
38.12%
Sectors
IDIV.B
Finance
37.03%
Industrials
10.91%
Consumer Non-Cyclicals
9.64%
Healthcare
9.40%
Technology
7.57%
Other
25.45%
VIDY
Finance
44.08%
Healthcare
9.12%
Consumer Non-Cyclicals
8.85%
Other
37.95%
As of September 11, 2026
Top 10 Holdings
IDIV.B
Banco Bilbao Vizcaya Argentaria SA
2.25%
ASML Holding NV
2.25%
Banco BPM SpA
2.25%
Unipol Assicurazioni SpA
2.23%
Volvo AB
2.14%
Klépierre SA
2.13%
Svenska Handelsbanken AB
2.11%
Intesa Sanpaolo SpA
2.05%
BOC Hong Kong (Holdings) Ltd.
1.99%
EDP SA
1.89%
VIDY
HSBC Holdings Plc
2.82%
Roche Holding AG
2.38%
Novartis AG
2.26%
Nestlé SA
2.00%
Shell Plc
1.98%
Mitsubishi UFJ Financial Group, Inc.
1.89%
BHP Group Ltd.
1.67%
Commonwealth Bank of Australia
1.62%
Toyota Motor Corp.
1.60%
Banco Santander SA
1.59%
Diversification
IDIV.B
Total weight of top 10 holdings out of 90 total
21.30%
VIDY
Total weight of top 10 holdings out of 630 total
19.82%
Characteristics
Compare
IDIV.B
VIDY
| Provider | Manulife Investments | Vanguard |
| Management | Actively managed | Passively managed |
| Benchmark | - | FTSE Developed ex North America High Dividend Yield Net Tax Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.31% | 2.83% |
| Meets ESG criteria | No | No |
| Inception Date | November 9, 2022 | August 21, 2018 |
Frequently asked questions about IDIV.B and VIDY
Which ETF has performed better year to date: IDIV.B or VIDY?
As of September 11, 2026, IDIV.B has returned 17.61% year to date, while VIDY has returned 19.73%. VIDY is ahead on YTD performance.
Which ETF is larger by assets under management: IDIV.B or VIDY?
As of September 11, 2026, IDIV.B manages $2.32 B in assets, while VIDY manages $2.26 B. IDIV.B is the larger fund by AUM.
How are IDIV.B and VIDY managed?
IDIV.B is actively managed by Manulife Investments. It does not track an index. VIDY is passively managed by Vanguard. It tracks the FTSE Developed ex North America High Dividend Yield Net Tax Index - CAD benchmark.
What sectors do IDIV.B and VIDY emphasize?
IDIV.B is most exposed to Finance, Industrials, and Consumer Non-Cyclicals. VIDY is most exposed to Finance, Healthcare, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: IDIV.B or VIDY?
Year to date, IDIV.B has seen +$1,466.26 M in net flows, compared with +$844.42 M for VIDY. IDIV.B has attracted more net investor money so far.
How do the fees of IDIV.B and VIDY compare?
IDIV.B has an expense ratio of 0.40%, while VIDY has an expense ratio of 0.32%.
What are the top holdings of IDIV.B and VIDY?
IDIV.B's largest holdings include Banco Bilbao Vizcaya Argentaria SA, ASML Holding NV, and Banco BPM SpA. VIDY's top holdings include HSBC Holdings Plc, Roche Holding AG, and Novartis AG.
Which ETF is more diversified: IDIV.B or VIDY?
IDIV.B holds 90 securities, while VIDY holds 609. On holdings count, VIDY is the more diversified portfolio.
Recent articles about IDIV.B and VIDY
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