VS
Compare Invesco Canadian Dividend Index ETF (PDC) vs iShares Core S&P/TSX Composite High Dividend Index ETF (XEI) to find the best fit for your portfolio. PDC and XEI provide the same top sector exposures: Financials, Energy, and Utilities. When evaluating costs, PDC features a management fee (MER) of 0.5%, compared to 0.2% for XEI. Performance-wise, PDC has returned 21.8% year-to-date with -$38 M in net flows, whereas XEI is at 24.35% with +$612 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
XEI
| AuM | $1,050.31 M | $4,154.81 M |
| Management Fees | 0.50% | 0.20% |
| Exp. ratio | 0.54% | 0.22% |
| Tracking Difference | -0.88% | -0.50% |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PDC | +5.75% | +11.93% | +21.80% | +43.03% | +88.09% |
XEI | +4.32% | +11.69% | +24.35% | +44.90% | +87.34% | |
| Flows | PDC | +$2 M | -$0 M | -$38 M | -$61 M | -$197 M |
XEI | +$97 M | +$340 M | +$612 M | +$1,192 M | +$1,458 M |
PDC vs XEI exposure
Countries
PDC
Canada
96.22%
XEI
Canada
96.91%
Sectors
PDC
Financials
43.93%
Energy
21.46%
Utilities
12.41%
Other
22.19%
XEI
Financials
30.66%
Energy
29.96%
Utilities
12.63%
Communication Services
7.60%
Other
19.16%
As of June 12, 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%
XEI
SUNCOR ENERGY
5.54%
TORONTO DOMINION
5.28%
ROYAL BK CANADA
5.13%
TC ENERGY CORP
5.00%
ENBRIDGE
4.87%
CDN NATURAL RESOURCE
4.75%
NUTRIEN LTD
4.38%
BANK OF MONTREAL
4.18%
CDN IMPERIAL BK
4.03%
BNS
3.73%
Diversification
PDC
Total weight of top 10 holdings out of 45 total
61.36%
XEI
Total weight of top 10 holdings out of 75 total
46.88%
Characteristics
Compare
PDC
XEI
| Provider | Invesco | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | NASDAQ Select Canadian Dividend Total Return Index - CAD | S&P/TSX Composite High Dividend Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.19% | 3.49% |
| Meets ESG criteria | No | No |
| Inception Date | June 16, 2011 | April 12, 2011 |
Frequently asked questions about PDC and XEI
Which ETF has performed better year to date: PDC or XEI?
As of June 12, 2026, PDC has returned 21.80% year to date, while XEI has returned 24.35%. XEI is ahead on YTD performance.
Which ETF is larger by assets under management: PDC or XEI?
As of June 12, 2026, PDC manages $1.05 B in assets, while XEI manages $4.15 B. XEI is the larger fund by AUM.
How are PDC and XEI managed?
PDC is passively managed by Invesco. It tracks the NASDAQ Select Canadian Dividend Total Return Index - CAD benchmark. XEI is passively managed by iShares. It tracks the S&P/TSX Composite High Dividend Total Return Index - CAD benchmark.
What sectors do PDC and XEI emphasize?
PDC is most exposed to Financials, Energy, and Utilities. XEI is most exposed to Financials, Energy, and Utilities.
Which ETF is attracting more investor flows: PDC or XEI?
Year to date, PDC has seen -$37.53 M in net flows, compared with +$611.58 M for XEI. XEI has attracted more net investor money so far.
How do the fees of PDC and XEI compare?
PDC has an expense ratio of 0.54%, while XEI has an expense ratio of 0.22%.
What are the top holdings of PDC and XEI?
PDC's largest holdings include TORONTO DOMINION, CDN IMPERIAL BK, and BANK OF MONTREAL. XEI's top holdings include SUNCOR ENERGY, TORONTO DOMINION, and ROYAL BK CANADA.
Which ETF is more diversified: PDC or XEI?
PDC holds 42 securities, while XEI holds 71. On holdings count, XEI is the more diversified portfolio.
Recent articles about PDC and XEI
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
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