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Compare Invesco Canadian Dividend Index ETF (PDC) vs iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV) to find the best fit for your portfolio. PDC provides Financials, Energy, and Utilities exposures, while XDIV is primarily weighted in Financials, Energy, and Consumer Discretionary. When evaluating costs, PDC features a management fee (MER) of 0.5%, compared to 0.1% for XDIV. Performance-wise, PDC has returned 19.83% year-to-date with -$38 M in net flows, whereas XDIV is at 20.41% with +$927 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
PDC
XDIV
| AuM | $1,033.29 M | $5,440.92 M |
| Management Fees | 0.50% | 0.10% |
| Exp. ratio | 0.54% | 0.11% |
| Tracking Difference | -0.88% | 1.07% |
Historical performance and flows
As of June 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PDC | +4.64% | +10.13% | +19.83% | +41.25% | +85.05% |
XDIV | +4.36% | +15.56% | +20.41% | +43.39% | +99.43% | |
| Flows | PDC | -$0 M | -$0 M | -$38 M | -$61 M | -$197 M |
XDIV | +$155 M | +$489 M | +$927 M | +$1,831 M | +$3,029 M |
PDC vs XDIV exposure
Countries
PDC
Canada
96.22%
XDIV
Canada
99.82%
Sectors
PDC
Financials
43.93%
Energy
21.46%
Utilities
12.41%
Other
22.19%
XDIV
Financials
46.57%
Energy
28.73%
Consumer Discretionary
11.49%
Utilities
11.33%
As of June 10, 2026
Top 10 Holdings
PDC
TORONTO DOMINION
8.46%
CDN IMPERIAL BK
8.43%
BANK OF MONTREAL
8.13%
ENBRIDGE
7.93%
BNS
7.88%
CDN NATURAL RESOURCE
4.26%
SUN LIFE FINL
4.25%
MANULIFE-S
4.23%
PEMBINA PIPELINE
3.91%
NUTRIEN LTD
3.89%
XDIV
SUNCOR ENERGY
10.16%
TORONTO DOMINION
9.21%
SUN LIFE FINL
8.69%
ROYAL BK CANADA
8.68%
MANULIFE-S
8.64%
POWER CORPORATION OF CANADA
7.01%
FORTIS
6.58%
PEMBINA PIPELINE
6.16%
RESTAURANT BRANDS INTL
6.04%
TOURMALINE OIL
4.05%
Diversification
PDC
Total weight of top 10 holdings out of 45 total
61.36%
XDIV
Total weight of top 10 holdings out of 21 total
75.21%
Characteristics
Compare
PDC
XDIV
| Provider | Invesco | 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 | 3.24% | 3.25% |
| 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 June 10, 2026, PDC has returned 19.83% year to date, while XDIV has returned 20.41%. XDIV is ahead on YTD performance.
Which ETF is larger by assets under management: PDC or XDIV?
As of June 10, 2026, PDC manages $1.03 B in assets, while XDIV manages $5.44 B. XDIV is the larger fund by AUM.
How are PDC and XDIV managed?
PDC is passively managed by Invesco. 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 Financials, Energy, and Utilities. XDIV is most exposed to Financials, Energy, and Consumer Discretionary.
Which ETF is attracting more investor flows: PDC or XDIV?
Year to date, PDC has seen -$37.55 M in net flows, compared with +$926.99 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 TORONTO DOMINION, CDN IMPERIAL BK, and BANK OF MONTREAL. XDIV's top holdings include SUNCOR ENERGY, TORONTO DOMINION, and SUN LIFE FINL.
Which ETF is more diversified: PDC or XDIV?
PDC holds 42 securities, while XDIV holds 21. On holdings count, PDC is the more diversified portfolio.
Recent articles about PDC and XDIV
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