VS
Compare RBC Quant Canadian Dividend Leaders ETF (RCD) vs Manulife Smart Dividend ETF (CDIV) to find the best fit for your portfolio. RCD and CDIV provide the same top sector exposures: Finance, Energy, and Non-Energy Materials. When evaluating costs, RCD features a management fee (MER) of 0.39%, compared to 0.25% for CDIV. Performance-wise, RCD has returned 17.43% year-to-date with +$78 M in net flows, whereas CDIV is at 19.19% with +$898 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
RCD
CDIV
| AuM | $435.53 M | $2,046.02 M |
| Management Fees | 0.39% | 0.25% |
| Exp. ratio | 0.43% | 0.28% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 27, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RCD | +2.72% | +3.05% | +17.43% | +24.14% | +111.13% |
CDIV | +2.43% | +1.34% | +19.19% | +25.01% | +109.28% | |
| Flows | RCD | +$6 M | +$19 M | +$78 M | +$95 M | +$181 M |
CDIV | +$77 M | +$334 M | +$898 M | +$955 M | +$1,174 M |
RCD vs CDIV exposure
Countries
RCD
Canada
99.27%
CDIV
Canada
96.35%
Sectors
RCD
Finance
38.08%
Energy
20.27%
Non-Energy Materials
17.02%
Other
24.62%
CDIV
Finance
37.54%
Energy
20.97%
Non-Energy Materials
13.70%
Other
27.78%
As of October 27, 2026
Top 10 Holdings
RCD
The Toronto-Dominion Bank
6.38%
The Bank of Nova Scotia
6.30%
Royal Bank of Canada
5.99%
Bank of Montreal
5.29%
TC Energy Corp.
4.86%
Canadian Natural Resources Ltd.
4.60%
Manulife Financial Corp.
4.26%
Constellation Software, Inc.
4.12%
Kinross Gold Corp.
4.09%
Barrick Mining Corp.
4.04%
CDIV
The Toronto-Dominion Bank
5.25%
Canadian National Railway Co.
4.01%
The Bank of Nova Scotia
3.98%
Barrick Mining Corp.
3.97%
Canadian Natural Resources Ltd.
3.92%
Canadian Imperial Bank of Commerce
3.84%
Manulife Financial Corp.
3.81%
Bank of Montreal
3.78%
Enbridge, Inc.
3.56%
Nutrien Ltd.
3.29%
Diversification
RCD
Total weight of top 10 holdings out of 66 total
49.92%
CDIV
Total weight of top 10 holdings out of 54 total
39.42%
Characteristics
Compare
RCD
CDIV
| Provider | RBC Global Asset Management | Manulife Investments |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.69% | 1.83% |
| Meets ESG criteria | No | No |
| Inception Date | January 15, 2014 | November 10, 2020 |
Frequently asked questions about RCD and CDIV
Which ETF has performed better year to date: RCD or CDIV?
As of October 27, 2026, RCD has returned 17.43% year to date, while CDIV has returned 19.19%. CDIV is ahead on YTD performance.
Which ETF is larger by assets under management: RCD or CDIV?
As of October 27, 2026, RCD manages $435.53 M in assets, while CDIV manages $2.05 B. CDIV is the larger fund by AUM.
How are RCD and CDIV managed?
RCD is actively managed by RBC Global Asset Management. It does not track an index. CDIV is actively managed by Manulife Investments. It does not track an index.
What sectors do RCD and CDIV emphasize?
RCD is most exposed to Finance, Energy, and Non-Energy Materials. CDIV is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: RCD or CDIV?
Year to date, RCD has seen +$78.29 M in net flows, compared with +$897.70 M for CDIV. CDIV has attracted more net investor money so far.
How do the fees of RCD and CDIV compare?
RCD has an expense ratio of 0.43%, while CDIV has an expense ratio of 0.28%.
What are the top holdings of RCD and CDIV?
RCD's largest holdings include The Toronto-Dominion Bank, The Bank of Nova Scotia, and Royal Bank of Canada. CDIV's top holdings include The Toronto-Dominion Bank, Canadian National Railway Co., and The Bank of Nova Scotia.
Which ETF is more diversified: RCD or CDIV?
RCD holds 66 securities, while CDIV holds 54. On holdings count, RCD is the more diversified portfolio.
Recent articles about RCD and CDIV
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