VS
When evaluating costs, MHCD features a management fee (MER) of 0.85%, compared to 0.2% for VDY. Performance-wise, MHCD has returned 13.31% year-to-date with +$2 M in net flows, whereas VDY is at 31.67% 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
MHCD
VDY
| AuM | $163.28 M | $9,526.23 M |
| Management Fees | 0.85% | 0.20% |
| Exp. ratio | 1.25% | 0.22% |
| Tracking Difference | - | -0.03% |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MHCD | +4.71% | +5.39% | +13.31% | +19.27% | +46.55% |
VDY | +5.10% | +2.92% | +31.67% | +42.45% | +140.20% | |
| Flows | MHCD | -$5 M | -$4 M | +$2 M | +$3 M | -$17 M |
VDY | +$75 M | +$260 M | +$2,111 M | +$2,446 M | +$3,983 M |
MHCD vs VDY exposure
Countries
MHCD
Exposure data will be available soon
VDY
Canada
96.89%
Sectors
MHCD
Exposure data will be available soon
VDY
Finance
60.29%
Energy
27.72%
Other
11.99%
As of October 29, 2026
Top 10 Holdings
MHCD
Exposure data will be available soon
VDY
Royal Bank of Canada
15.81%
The Toronto-Dominion Bank
11.12%
Bank of Montreal
6.79%
The Bank of Nova Scotia
6.44%
Enbridge, Inc.
5.93%
Canadian Imperial Bank of Commerce
5.81%
Canadian Natural Resources Ltd.
5.52%
Suncor Energy, Inc.
4.63%
Manulife Financial Corp.
4.09%
TC Energy Corp.
3.46%
Diversification
MHCD
Exposure data will be available soon
VDY
Total weight of top 10 holdings out of 58 total
69.60%
Characteristics
Compare
MHCD
VDY
| Provider | Middlefield | 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 | 4.24% | 3.18% |
| Meets ESG criteria | No | No |
| Inception Date | July 5, 2017 | November 2, 2012 |
Frequently asked questions about MHCD and VDY
Which ETF has performed better year to date: MHCD or VDY?
As of October 29, 2026, MHCD has returned 13.31% year to date, while VDY has returned 31.67%. VDY is ahead on YTD performance.
Which ETF is larger by assets under management: MHCD or VDY?
As of October 29, 2026, MHCD manages $163.28 M in assets, while VDY manages $9.53 B. VDY is the larger fund by AUM.
How are MHCD and VDY managed?
MHCD is actively managed by Middlefield. 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.
Which ETF is attracting more investor flows: MHCD or VDY?
Year to date, MHCD has seen +$1.88 M in net flows, compared with +$2,111.20 M for VDY. VDY has attracted more net investor money so far.
How do the fees of MHCD and VDY compare?
MHCD has an expense ratio of 1.25%, while VDY has an expense ratio of 0.22%.
Recent articles about MHCD and VDY
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