VS
Compare Purpose Core Dividend Fund ETF (PDF) vs iShares Canadian Value Index ETF (XCV) to find the best fit for your portfolio. PDF provides Finance, Energy, and Healthcare exposures, while XCV is primarily weighted in Finance, Energy, and Industrials. When evaluating costs, PDF features a management fee (MER) of 0.55%, compared to 0.5% for XCV. Performance-wise, PDF has returned 20.88% year-to-date with -$35 M in net flows, whereas XCV is at 31.16% with +$100 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
PDF
XCV
| AuM | $252.41 M | $251.66 M |
| Management Fees | 0.55% | 0.50% |
| Exp. ratio | 0.66% | 0.55% |
| Tracking Difference | - | -0.89% |
Historical performance and flows
As of November 4, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PDF | +2.88% | +0.16% | +20.88% | +25.43% | +75.56% |
XCV | +5.97% | +2.85% | +31.16% | +41.69% | +132.19% | |
| Flows | PDF | +$0 M | +$1 M | -$35 M | +$7 M | +$12 M |
XCV | -$1 M | -$7 M | +$100 M | +$100 M | +$74 M |
PDF vs XCV exposure
Countries
PDF
Canada
69.80%
USA
23.91%
XCV
Canada
98.75%
Sectors
PDF
Finance
35.93%
Energy
14.42%
Healthcare
8.70%
Technology
7.25%
Other
33.71%
XCV
Finance
60.68%
Energy
23.99%
Other
15.33%
As of November 4, 2026
Top 10 Holdings
PDF
The Bank of Nova Scotia
5.60%
Royal Bank of Canada
5.05%
Canadian Imperial Bank of Commerce
4.79%
Manulife Financial Corp.
4.52%
Enbridge, Inc.
3.77%
Power Corp of Canada
3.47%
TC Energy Corp.
3.09%
Whitecap Resources, Inc.
3.06%
Bank of Montreal
2.97%
AbbVie, Inc.
2.93%
XCV
The Toronto-Dominion Bank
10.19%
Royal Bank of Canada
9.96%
Bank of Montreal
6.60%
The Bank of Nova Scotia
6.25%
Enbridge, Inc.
5.82%
Canadian Imperial Bank of Commerce
5.67%
Canadian Natural Resources Ltd.
5.47%
Suncor Energy, Inc.
4.47%
Brookfield Corp.
4.39%
Manulife Financial Corp.
3.99%
Diversification
PDF
Total weight of top 10 holdings out of 55 total
39.26%
XCV
Total weight of top 10 holdings out of 38 total
62.80%
Characteristics
Compare
PDF
XCV
| Provider | Purpose Investments | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | Dow Jones Canada Select Value Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.79% | 2.20% |
| Meets ESG criteria | No | No |
| Inception Date | September 3, 2013 | November 6, 2006 |
Frequently asked questions about PDF and XCV
Which ETF has performed better year to date: PDF or XCV?
As of November 4, 2026, PDF has returned 20.88% year to date, while XCV has returned 31.16%. XCV is ahead on YTD performance.
Which ETF is larger by assets under management: PDF or XCV?
As of November 4, 2026, PDF manages $252.41 M in assets, while XCV manages $251.66 M. PDF is the larger fund by AUM.
How are PDF and XCV managed?
PDF is actively managed by Purpose Investments. It does not track an index. XCV is passively managed by iShares. It tracks the Dow Jones Canada Select Value Total Return Index - CAD benchmark.
What sectors do PDF and XCV emphasize?
PDF is most exposed to Finance, Energy, and Healthcare. XCV is most exposed to Finance, Energy, and Industrials.
Which ETF is attracting more investor flows: PDF or XCV?
Year to date, PDF has seen -$35.18 M in net flows, compared with +$100.49 M for XCV. XCV has attracted more net investor money so far.
How do the fees of PDF and XCV compare?
PDF has an expense ratio of 0.66%, while XCV has an expense ratio of 0.55%.
What are the top holdings of PDF and XCV?
PDF's largest holdings include The Bank of Nova Scotia, Royal Bank of Canada, and Canadian Imperial Bank of Commerce. XCV's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: PDF or XCV?
PDF holds 55 securities, while XCV holds 38. On holdings count, PDF is the more diversified portfolio.
Recent articles about PDF and XCV
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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.