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Compare Purpose Core Dividend Fund ETF (PDF) vs iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV) to find the best fit for your portfolio. PDF provides Finance, Energy, and Healthcare exposures, while XDIV is primarily weighted in Finance, Energy, and Utilities. When evaluating costs, PDF features a management fee (MER) of 0.55%, compared to 0.1% for XDIV. Performance-wise, PDF has returned 20.88% year-to-date with -$35 M in net flows, whereas XDIV is at 33.17% 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
PDF
XDIV
| AuM | $252.41 M | $6,754.81 M |
| Management Fees | 0.55% | 0.10% |
| Exp. ratio | 0.66% | 0.11% |
| Tracking Difference | - | 0.99% |
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% |
XDIV | +5.15% | +3.40% | +33.17% | +41.67% | +120.19% | |
| Flows | PDF | +$0 M | +$1 M | -$35 M | +$7 M | +$12 M |
XDIV | +$211 M | +$436 M | +$1,714 M | +$2,047 M | +$3,770 M |
PDF vs XDIV exposure
Countries
PDF
Canada
69.80%
USA
23.91%
XDIV
Canada
95.22%
Sectors
PDF
Finance
35.93%
Energy
14.42%
Healthcare
8.70%
Technology
7.25%
Other
33.71%
XDIV
Finance
47.61%
Energy
29.16%
Utilities
9.18%
Other
14.05%
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%
XDIV
Suncor Energy, Inc.
9.72%
The Toronto-Dominion Bank
9.61%
Manulife Financial Corp.
9.49%
Canadian Natural Resources Ltd.
9.19%
Royal Bank of Canada
9.17%
Sun Life Financial, Inc.
8.64%
Power Corp of Canada
6.70%
Fortis, Inc.
5.35%
Pembina Pipeline Corp.
5.16%
Restaurant Brands International, Inc.
4.57%
Diversification
PDF
Total weight of top 10 holdings out of 55 total
39.26%
XDIV
Total weight of top 10 holdings out of 20 total
77.60%
Characteristics
Compare
PDF
XDIV
| Provider | Purpose Investments | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | MSCI Canada High Dividend Yield 10% Security Capped Net Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.79% | 3.00% |
| Meets ESG criteria | No | No |
| Inception Date | September 3, 2013 | June 7, 2017 |
Frequently asked questions about PDF and XDIV
Which ETF has performed better year to date: PDF or XDIV?
As of November 4, 2026, PDF has returned 20.88% year to date, while XDIV has returned 33.17%. XDIV is ahead on YTD performance.
Which ETF is larger by assets under management: PDF or XDIV?
As of November 4, 2026, PDF manages $252.41 M in assets, while XDIV manages $6.75 B. XDIV is the larger fund by AUM.
How are PDF and XDIV managed?
PDF is actively managed by Purpose Investments. It does not track an index. 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 PDF and XDIV emphasize?
PDF is most exposed to Finance, Energy, and Healthcare. XDIV is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: PDF or XDIV?
Year to date, PDF has seen -$35.18 M in net flows, compared with +$1,713.67 M for XDIV. XDIV has attracted more net investor money so far.
How do the fees of PDF and XDIV compare?
PDF has an expense ratio of 0.66%, while XDIV has an expense ratio of 0.11%.
What are the top holdings of PDF and XDIV?
PDF's largest holdings include The Bank of Nova Scotia, Royal Bank of Canada, and Canadian Imperial Bank of Commerce. XDIV's top holdings include Suncor Energy, Inc., The Toronto-Dominion Bank, and Manulife Financial Corp..
Which ETF is more diversified: PDF or XDIV?
PDF holds 55 securities, while XDIV holds 20. On holdings count, PDF is the more diversified portfolio.
Recent articles about PDF and XDIV
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