VS
Compare RBC Quant Canadian Dividend Leaders ETF (RCD) vs BMO Canadian Dividend ETF (ZDV) to find the best fit for your portfolio. RCD and ZDV 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 0.35% for ZDV. Performance-wise, RCD has returned 16.27% year-to-date with +$80 M in net flows, whereas ZDV is at 24.67% with +$183 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
ZDV
| AuM | $433.37 M | $1,921.27 M |
| Management Fees | 0.39% | 0.35% |
| Exp. ratio | 0.43% | 0.39% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RCD | +1.38% | +1.01% | +16.27% | +22.68% | +99.76% |
ZDV | +2.17% | +1.20% | +24.67% | +31.69% | +101.94% | |
| Flows | RCD | +$8 M | +$19 M | +$80 M | +$97 M | +$183 M |
ZDV | -$3 M | +$3 M | +$183 M | +$212 M | +$191 M |
RCD vs ZDV exposure
Countries
RCD
Canada
99.32%
ZDV
Canada
95.53%
Sectors
RCD
Finance
39.09%
Energy
19.89%
Non-Energy Materials
15.76%
Industrials
7.53%
Other
17.73%
ZDV
Finance
42.61%
Energy
20.85%
Non-Energy Materials
13.77%
Industrials
7.28%
Other
15.49%
As of November 2, 2026
Top 10 Holdings
RCD
The Bank of Nova Scotia
6.59%
The Toronto-Dominion Bank
6.53%
Royal Bank of Canada
6.07%
Bank of Montreal
5.47%
TC Energy Corp.
4.73%
Canadian Natural Resources Ltd.
4.55%
Manulife Financial Corp.
4.50%
Constellation Software, Inc.
3.90%
Barrick Mining Corp.
3.86%
Kinross Gold Corp.
3.39%
ZDV
Royal Bank of Canada
8.73%
The Toronto-Dominion Bank
7.17%
The Bank of Nova Scotia
5.31%
Canadian Imperial Bank of Commerce
4.54%
Canadian Natural Resources Ltd.
4.43%
Enbridge, Inc.
4.09%
Bank of Montreal
3.16%
Barrick Mining Corp.
2.66%
Agnico Eagle Mines Ltd.
2.64%
Suncor Energy, Inc.
2.27%
Diversification
RCD
Total weight of top 10 holdings out of 66 total
49.59%
ZDV
Total weight of top 10 holdings out of 61 total
45.02%
Characteristics
Compare
RCD
ZDV
| Provider | RBC Global Asset Management | BMO |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.72% | 2.66% |
| Meets ESG criteria | No | No |
| Inception Date | January 15, 2014 | October 27, 2011 |
Frequently asked questions about RCD and ZDV
Which ETF has performed better year to date: RCD or ZDV?
As of November 2, 2026, RCD has returned 16.27% year to date, while ZDV has returned 24.67%. ZDV is ahead on YTD performance.
Which ETF is larger by assets under management: RCD or ZDV?
As of November 2, 2026, RCD manages $433.37 M in assets, while ZDV manages $1.92 B. ZDV is the larger fund by AUM.
How are RCD and ZDV managed?
RCD is actively managed by RBC Global Asset Management. It does not track an index. ZDV is actively managed by BMO. It does not track an index.
What sectors do RCD and ZDV emphasize?
RCD is most exposed to Finance, Energy, and Non-Energy Materials. ZDV is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: RCD or ZDV?
Year to date, RCD has seen +$80.41 M in net flows, compared with +$182.64 M for ZDV. ZDV has attracted more net investor money so far.
How do the fees of RCD and ZDV compare?
RCD has an expense ratio of 0.43%, while ZDV has an expense ratio of 0.39%.
What are the top holdings of RCD and ZDV?
RCD's largest holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Royal Bank of Canada. ZDV's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and The Bank of Nova Scotia.
Which ETF is more diversified: RCD or ZDV?
RCD holds 66 securities, while ZDV holds 61. On holdings count, RCD is the more diversified portfolio.
Recent articles about RCD and ZDV
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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.