VS
When evaluating costs, PDC features a management fee (MER) of 0.5%, compared to 0.2% for VDY. Performance-wise, PDC has returned 26.98% year-to-date with -$38 M in net flows, whereas VDY is at 29.58% 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
PDC
VDY
| AuM | $1,092.04 M | $9,177.65 M |
| Management Fees | 0.50% | 0.20% |
| Exp. ratio | 0.56% | 0.22% |
| Tracking Difference | -0.91% | -0.05% |
Historical performance and flows
As of July 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PDC | +3.52% | +12.24% | +26.98% | +44.72% | +93.69% |
VDY | +4.06% | +13.57% | +29.58% | +54.43% | +119.55% | |
| Flows | PDC | +$3 M | -$0 M | -$38 M | -$57 M | -$215 M |
VDY | +$304 M | +$904 M | +$1,851 M | +$2,581 M | +$3,790 M |
PDC vs VDY exposure
Countries
PDC
Exposure data will be available soon
VDY
Canada
96.84%
Sectors
PDC
Exposure data will be available soon
VDY
Finance
60.97%
Energy
26.69%
Other
12.34%
As of July 28, 2026
Top 10 Holdings
PDC
Exposure data will be available soon
VDY
Royal Bank of Canada
16.31%
The Toronto-Dominion Bank
11.45%
Bank of Montreal
7.03%
Enbridge, Inc.
6.66%
The Bank of Nova Scotia
6.03%
Canadian Imperial Bank of Commerce
5.96%
Canadian Natural Resources Ltd.
4.55%
TC Energy Corp.
3.88%
Manulife Financial Corp.
3.82%
Suncor Energy, Inc.
3.60%
Diversification
PDC
Exposure data will be available soon
VDY
Total weight of top 10 holdings out of 60 total
69.29%
Characteristics
Compare
PDC
VDY
| Provider | Invesco | Vanguard |
| Management | Passively managed | Passively managed |
| Benchmark | NASDAQ Select Canadian Dividend Total Return Index - CAD | FTSE Canada High Dividend Yield Net Tax Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.08% | 3.18% |
| Meets ESG criteria | No | No |
| Inception Date | June 16, 2011 | November 2, 2012 |
Frequently asked questions about PDC and VDY
Which ETF has performed better year to date: PDC or VDY?
As of July 28, 2026, PDC has returned 26.98% year to date, while VDY has returned 29.58%. VDY is ahead on YTD performance.
Which ETF is larger by assets under management: PDC or VDY?
As of July 28, 2026, PDC manages $1.09 B in assets, while VDY manages $9.18 B. VDY is the larger fund by AUM.
How are PDC and VDY managed?
PDC is passively managed by Invesco. It tracks the NASDAQ Select Canadian Dividend Total Return Index - CAD benchmark. 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: PDC or VDY?
Year to date, PDC has seen -$37.60 M in net flows, compared with +$1,850.93 M for VDY. VDY has attracted more net investor money so far.
How do the fees of PDC and VDY compare?
PDC has an expense ratio of 0.56%, while VDY has an expense ratio of 0.22%.
Recent articles about PDC and VDY
ETF Comparison: VDY vs XEI
Sector exposure, diversification, and tracking efficiency separate these two dividend ETF heavyweights.
Posted on 6/1/2026 by Kyle Anthony inDividends
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.