VS
When evaluating costs, QCE features a management fee (MER) of 0.04%, compared to 0.1% for XDIV. Performance-wise, QCE has returned 15.65% year-to-date with +$54 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
QCE
XDIV
| AuM | $305.00 M | $6,754.81 M |
| Management Fees | 0.04% | 0.10% |
| Exp. ratio | 0.04% | 0.11% |
| Tracking Difference | -0.11% | 0.99% |
Historical performance and flows
As of November 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QCE | +1.11% | +0.46% | +15.65% | +21.06% | +93.52% |
XDIV | +5.15% | +3.40% | +33.17% | +41.67% | +120.19% | |
| Flows | QCE | +$9 M | +$13 M | +$54 M | +$65 M | +$100 M |
XDIV | +$211 M | +$436 M | +$1,714 M | +$2,047 M | +$3,770 M |
QCE vs XDIV exposure
Countries
QCE
Exposure data will be available soon
XDIV
Canada
95.22%
Sectors
QCE
Exposure data will be available soon
XDIV
Finance
47.61%
Energy
29.16%
Utilities
9.18%
Other
14.05%
As of November 3, 2026
Top 10 Holdings
QCE
Exposure data will be available soon
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
QCE
Exposure data will be available soon
XDIV
Total weight of top 10 holdings out of 20 total
77.60%
Characteristics
Compare
QCE
XDIV
| Provider | Mackenzie Investments | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Canada Large Cap Index NTR - CAD | MSCI Canada High Dividend Yield 10% Security Capped Net Total Return Index - CAD |
| Replication Method | Indirect | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.03% | 3.00% |
| Meets ESG criteria | No | No |
| Inception Date | January 24, 2018 | June 7, 2017 |
Frequently asked questions about QCE and XDIV
Which ETF has performed better year to date: QCE or XDIV?
As of November 3, 2026, QCE has returned 15.65% year to date, while XDIV has returned 33.17%. XDIV is ahead on YTD performance.
Which ETF is larger by assets under management: QCE or XDIV?
As of November 3, 2026, QCE manages $305.00 M in assets, while XDIV manages $6.75 B. XDIV is the larger fund by AUM.
How are QCE and XDIV managed?
QCE is passively managed by Mackenzie Investments. It tracks the Solactive Canada Large Cap Index NTR - 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.
Which ETF is attracting more investor flows: QCE or XDIV?
Year to date, QCE has seen +$53.55 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 QCE and XDIV compare?
QCE has an expense ratio of 0.04%, while XDIV has an expense ratio of 0.11%.
Recent articles about QCE and XDIV
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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.