VS
When evaluating costs, MHCD features a management fee (MER) of 0.85%, compared to 0.5% for XDV. Performance-wise, MHCD has returned 11.37% year-to-date with +$2 M in net flows, whereas XDV is at 26.5% with +$5 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
MHCD
XDV
| AuM | $160.49 M | $2,660.96 M |
| Management Fees | 0.85% | 0.50% |
| Exp. ratio | 1.25% | 0.55% |
| Tracking Difference | - | -0.89% |
Historical performance and flows
As of October 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MHCD | +2.16% | +2.83% | +11.37% | +16.19% | +44.04% |
XDV | +2.89% | +0.20% | +26.50% | +36.37% | +123.81% | |
| Flows | MHCD | -$5 M | -$4 M | +$2 M | +$3 M | -$17 M |
XDV | -$0 M | -$10 M | +$5 M | +$24 M | -$71 M |
MHCD vs XDV exposure
Countries
MHCD
Exposure data will be available soon
XDV
Canada
99.86%
Sectors
MHCD
Exposure data will be available soon
XDV
Finance
54.27%
Energy
10.99%
Utilities
10.36%
Consumer Non-Cyclicals
8.95%
Other
15.43%
As of October 28, 2026
Top 10 Holdings
MHCD
Exposure data will be available soon
XDV
Royal Bank of Canada
8.76%
Bank of Montreal
8.44%
Canadian Tire Corp. Ltd.
7.41%
The Bank of Nova Scotia
5.86%
The Toronto-Dominion Bank
5.73%
Canadian Imperial Bank of Commerce
5.20%
Sun Life Financial, Inc.
4.78%
Great-West Lifeco, Inc.
4.04%
TC Energy Corp.
3.71%
Power Corp of Canada
3.54%
Diversification
MHCD
Exposure data will be available soon
XDV
Total weight of top 10 holdings out of 30 total
57.48%
Characteristics
Compare
MHCD
XDV
| Provider | Middlefield | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | Dow Jones Canada Select Dividend Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.31% | 3.30% |
| Meets ESG criteria | No | No |
| Inception Date | July 5, 2017 | December 19, 2005 |
Frequently asked questions about MHCD and XDV
Which ETF has performed better year to date: MHCD or XDV?
As of October 28, 2026, MHCD has returned 11.37% year to date, while XDV has returned 26.50%. XDV is ahead on YTD performance.
Which ETF is larger by assets under management: MHCD or XDV?
As of October 28, 2026, MHCD manages $160.49 M in assets, while XDV manages $2.66 B. XDV is the larger fund by AUM.
How are MHCD and XDV managed?
MHCD is actively managed by Middlefield. It does not track an index. XDV is passively managed by iShares. It tracks the Dow Jones Canada Select Dividend Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: MHCD or XDV?
Year to date, MHCD has seen +$1.88 M in net flows, compared with +$4.86 M for XDV. XDV has attracted more net investor money so far.
How do the fees of MHCD and XDV compare?
MHCD has an expense ratio of 1.25%, while XDV has an expense ratio of 0.55%.
Recent articles about MHCD and XDV
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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.