VS
Compare CI Canadian Dividend Index ETF (PDC) vs Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY) to find the best fit for your portfolio. PDC and VDY provide the same top sector exposures: Finance, Energy, and Utilities. When evaluating costs, PDC features a management fee (MER) of 0.5%, compared to 0.2% for VDY. Performance-wise, PDC has returned 24.45% year-to-date with -$60 M in net flows, whereas VDY is at 30.19% 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 | $1,039.43 M | $9,388.06 M |
| Management Fees | 0.50% | 0.20% |
| Exp. ratio | 0.54% | 0.22% |
| Tracking Difference | -0.75% | -0.03% |
Historical performance and flows
As of October 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PDC | +0.92% | -0.83% | +24.45% | +30.15% | +108.30% |
VDY | +3.30% | +1.06% | +30.19% | +39.76% | +137.48% | |
| Flows | PDC | -$5 M | -$25 M | -$60 M | -$68 M | -$217 M |
VDY | +$55 M | +$248 M | +$2,080 M | +$2,420 M | +$3,957 M |
PDC vs VDY exposure
Countries
PDC
Canada
91.64%
Other
8.36%
VDY
Canada
96.94%
Sectors
PDC
Finance
48.96%
Energy
21.01%
Utilities
11.30%
Other
18.73%
VDY
Finance
59.44%
Energy
28.52%
Other
12.04%
As of October 21, 2026
Top 10 Holdings
PDC
The Bank of Nova Scotia
9.07%
The Toronto-Dominion Bank
8.40%
Bank of Montreal
8.34%
Canadian Imperial Bank of Commerce
8.26%
Enbridge, Inc.
7.44%
Manulife Financial Corp.
4.44%
Sun Life Financial, Inc.
4.38%
Canadian Natural Resources Ltd.
4.38%
Nutrien Ltd.
4.38%
Pembina Pipeline Corp.
4.15%
VDY
Royal Bank of Canada
15.65%
The Toronto-Dominion Bank
11.07%
Bank of Montreal
6.59%
The Bank of Nova Scotia
6.17%
Enbridge, Inc.
6.05%
Canadian Imperial Bank of Commerce
5.71%
Canadian Natural Resources Ltd.
5.60%
Suncor Energy, Inc.
4.35%
Manulife Financial Corp.
3.88%
TC Energy Corp.
3.57%
Diversification
PDC
Total weight of top 10 holdings out of 43 total
63.23%
VDY
Total weight of top 10 holdings out of 60 total
68.65%
Characteristics
Compare
PDC
VDY
| Provider | CI | 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 | 3.17% | 3.21% |
| 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 October 21, 2026, PDC has returned 24.45% year to date, while VDY has returned 30.19%. VDY is ahead on YTD performance.
Which ETF is larger by assets under management: PDC or VDY?
As of October 21, 2026, PDC manages $1.04 B in assets, while VDY manages $9.39 B. VDY is the larger fund by AUM.
How are PDC and VDY managed?
PDC is passively managed by CI. 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.
What sectors do PDC and VDY emphasize?
PDC is most exposed to Finance, Energy, and Utilities. VDY is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: PDC or VDY?
Year to date, PDC has seen -$59.84 M in net flows, compared with +$2,079.68 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 0.54%, while VDY has an expense ratio of 0.22%.
What are the top holdings of PDC and VDY?
PDC's largest holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Bank of Montreal. VDY's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Bank of Montreal.
Which ETF is more diversified: PDC or VDY?
PDC holds 43 securities, while VDY holds 60. On holdings count, VDY is the more diversified portfolio.
Recent articles about PDC and VDY
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