VS
Evolve Canadian Energy Enhanced Yield Index Fund (OILY) and iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV) offer distinct profiles for Canadian ETF investors. A direct comparison shows that OILY focuses its top 3 sector exposures on Energy, while XDIV leans towards Financials, Energy, and Utilities. When evaluating costs, OILY features a management fee (MER) of 0.6%, compared to 0.1% for XDIV. Performance-wise, OILY has returned 31.99% year-to-date with +$11 M in net flows, whereas XDIV is at 15.19% with +$703 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
OILY
XDIV
| AuM | $27.68 M | $4,999.04 M |
| Management Fees | 0.60% | 0.10% |
| Exp. ratio | 0.60% | 0.11% |
| Tracking Difference | - | 1.16% |
Historical performance and flows
As of April 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | OILY | -0.86% | +20.99% | +31.99% | +54.11% | - |
XDIV | +6.73% | +13.41% | +15.19% | +42.20% | +85.63% | |
| Flows | OILY | +$2 M | +$8 M | +$11 M | +$22 M | - |
XDIV | +$228 M | +$526 M | +$703 M | +$1,756 M | +$2,822 M |
OILY vs XDIV exposure
Countries
OILY
Canada
89.74%
Other
10.26%
XDIV
Canada
99.74%
Sectors
OILY
Energy
89.74%
Other
10.26%
XDIV
Financials
44.40%
Energy
30.05%
Utilities
12.04%
Consumer Discretionary
11.40%
As of April 30, 2026
Top 10 Holdings
OILY
CENOVUS ENERGY
11.50%
SUNCOR ENERGY
10.90%
IMPERIAL OIL
10.40%
KEYERA
9.89%
ENBRIDGE
9.55%
ARC RESOURCES
9.51%
PEMBINA PIPELINE
9.34%
TC ENERGY CORP
9.33%
TOURMALINE OIL
9.32%
XDIV
SUNCOR ENERGY
10.68%
TORONTO DOMINION
8.70%
ROYAL BK CANADA
8.50%
MANULIFE-S
8.25%
SUN LIFE FINL
8.23%
FORTIS
6.99%
POWER CORPORATION OF CANADA
6.59%
PEMBINA PIPELINE
6.45%
RESTAURANT BRANDS INTL
6.04%
TOURMALINE OIL
4.36%
Diversification
OILY
Total weight of top 10 holdings out of 9 total
89.74%
XDIV
Total weight of top 10 holdings out of 21 total
74.80%
Characteristics
Compare
OILY
XDIV
| Provider | Evolve ETFs | 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 | 10.37% | 3.39% |
| Meets ESG criteria | No | No |
| Inception Date | March 26, 2025 | June 7, 2017 |
Frequently asked questions about OILY and XDIV
Which ETF has performed better year to date: OILY or XDIV?
As of April 30, 2026, OILY has returned 31.99% year to date, while XDIV has returned 15.19%. OILY is ahead on YTD performance.
Which ETF is larger by assets under management: OILY or XDIV?
As of April 30, 2026, OILY manages $27.68 M in assets, while XDIV manages $5.00 B. XDIV is the larger fund by AUM.
How are OILY and XDIV managed?
OILY is actively managed by Evolve ETFs. 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 OILY and XDIV emphasize?
OILY is most exposed to Energy. XDIV is most exposed to Financials, Energy, and Utilities.
Which ETF is attracting more investor flows: OILY or XDIV?
Year to date, OILY has seen +$11.46 M in net flows, compared with +$703.42 M for XDIV. XDIV has attracted more net investor money so far.
How do the fees of OILY and XDIV compare?
OILY has an expense ratio of 0.60%, while XDIV has an expense ratio of 0.11%.
What are the top holdings of OILY and XDIV?
OILY's largest holdings include CENOVUS ENERGY, SUNCOR ENERGY, and IMPERIAL OIL. XDIV's top holdings include SUNCOR ENERGY, TORONTO DOMINION, and ROYAL BK CANADA.
Which ETF is more diversified: OILY or XDIV?
OILY holds 9 securities, while XDIV holds 21. On holdings count, XDIV is the more diversified portfolio.
Recent articles about OILY 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.