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Compare CI Canadian Dividend Index ETF (PDC) vs iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV) to find the best fit for your portfolio. PDC and XDIV provide the same top sector exposures: Finance, Energy, and Utilities. When evaluating costs, PDC features a management fee (MER) of 0.5%, compared to 0.1% for XDIV. Performance-wise, PDC has returned 24.45% year-to-date with -$60 M in net flows, whereas XDIV is at 33.6% 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
XDIV
| AuM | $1,039.43 M | $6,684.48 M |
| Management Fees | 0.50% | 0.10% |
| Exp. ratio | 0.54% | 0.11% |
| Tracking Difference | -0.75% | 0.95% |
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% |
XDIV | +5.22% | +4.65% | +33.60% | +42.38% | +131.86% | |
| Flows | PDC | -$5 M | -$25 M | -$60 M | -$68 M | -$217 M |
XDIV | +$128 M | +$404 M | +$1,605 M | +$1,990 M | +$3,672 M |
PDC vs XDIV exposure
Countries
PDC
Canada
91.64%
Other
8.36%
XDIV
Canada
95.01%
Sectors
PDC
Finance
48.96%
Energy
21.01%
Utilities
11.30%
Other
18.73%
XDIV
Finance
45.46%
Energy
31.18%
Utilities
8.97%
Other
14.39%
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%
XDIV
The Toronto-Dominion Bank
9.23%
Canadian Natural Resources Ltd.
9.14%
Suncor Energy, Inc.
8.96%
Royal Bank of Canada
8.90%
Manulife Financial Corp.
8.82%
Sun Life Financial, Inc.
8.13%
Power Corp of Canada
6.55%
Pembina Pipeline Corp.
5.26%
Fortis, Inc.
5.22%
Restaurant Brands International, Inc.
4.67%
Diversification
PDC
Total weight of top 10 holdings out of 43 total
63.23%
XDIV
Total weight of top 10 holdings out of 21 total
74.88%
Characteristics
Compare
PDC
XDIV
| Provider | CI | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | NASDAQ Select Canadian Dividend Total Return Index - CAD | MSCI Canada High Dividend Yield 10% Security Capped Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.17% | 2.98% |
| Meets ESG criteria | No | No |
| Inception Date | June 16, 2011 | June 7, 2017 |
Frequently asked questions about PDC and XDIV
Which ETF has performed better year to date: PDC or XDIV?
As of October 21, 2026, PDC has returned 24.45% year to date, while XDIV has returned 33.60%. XDIV is ahead on YTD performance.
Which ETF is larger by assets under management: PDC or XDIV?
As of October 21, 2026, PDC manages $1.04 B in assets, while XDIV manages $6.68 B. XDIV is the larger fund by AUM.
How are PDC and XDIV managed?
PDC is passively managed by CI. It tracks the NASDAQ Select Canadian Dividend Total Return Index - CAD benchmark. 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 PDC and XDIV emphasize?
PDC is most exposed to Finance, Energy, and Utilities. XDIV is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: PDC or XDIV?
Year to date, PDC has seen -$59.84 M in net flows, compared with +$1,604.86 M for XDIV. XDIV has attracted more net investor money so far.
How do the fees of PDC and XDIV compare?
PDC has an expense ratio of 0.54%, while XDIV has an expense ratio of 0.11%.
What are the top holdings of PDC and XDIV?
PDC's largest holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Bank of Montreal. XDIV's top holdings include The Toronto-Dominion Bank, Canadian Natural Resources Ltd., and Suncor Energy, Inc..
Which ETF is more diversified: PDC or XDIV?
PDC holds 43 securities, while XDIV holds 21. On holdings count, PDC is the more diversified portfolio.
Recent articles about PDC and XDIV
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