VS
Compare TD Q Canadian Dividend ETF (TQCD) vs Manulife Smart Dividend ETF (CDIV) to find the best fit for your portfolio. TQCD and CDIV provide the same top sector exposures: Finance, Energy, and Non-Energy Materials. When evaluating costs, TQCD features a management fee (MER) of 0.35%, compared to 0.25% for CDIV. Performance-wise, TQCD has returned 20.47% year-to-date with +$2 B in net flows, whereas CDIV is at 17.98% with +$875 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
TQCD
CDIV
| AuM | $3,857.62 M | $2,002.27 M |
| Management Fees | 0.35% | 0.25% |
| Exp. ratio | 0.39% | 0.28% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 19, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TQCD | -0.16% | +2.63% | +20.47% | +26.75% | +119.60% |
CDIV | -0.32% | +1.54% | +17.98% | +23.89% | +102.54% | |
| Flows | TQCD | +$172 M | +$440 M | +$1,700 M | +$2,010 M | +$2,897 M |
CDIV | +$76 M | +$334 M | +$875 M | +$934 M | +$1,153 M |
TQCD vs CDIV exposure
Countries
TQCD
Canada
93.13%
CDIV
Canada
96.35%
Sectors
TQCD
Finance
41.66%
Energy
18.48%
Non-Energy Materials
17.84%
Industrials
8.28%
Other
13.75%
CDIV
Finance
37.54%
Energy
20.97%
Non-Energy Materials
13.70%
Other
27.78%
As of October 19, 2026
Top 10 Holdings
TQCD
The Bank of Nova Scotia
3.89%
Canadian Imperial Bank of Commerce
3.72%
The Toronto-Dominion Bank
3.59%
Royal Bank of Canada
3.58%
National Bank of Canada
3.57%
Bank of Montreal
3.52%
Barrick Mining Corp.
3.51%
Manulife Financial Corp.
3.39%
Agnico Eagle Mines Ltd.
3.10%
Brookfield Asset Management Ltd.
3.03%
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
TQCD
Total weight of top 10 holdings out of 77 total
34.90%
CDIV
Total weight of top 10 holdings out of 54 total
39.42%
Characteristics
Compare
TQCD
CDIV
| Provider | TD Asset Management | Manulife Investments |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.54% | 1.85% |
| Meets ESG criteria | No | No |
| Inception Date | November 26, 2019 | November 10, 2020 |
Frequently asked questions about TQCD and CDIV
Which ETF has performed better year to date: TQCD or CDIV?
As of October 19, 2026, TQCD has returned 20.47% year to date, while CDIV has returned 17.98%. TQCD is ahead on YTD performance.
Which ETF is larger by assets under management: TQCD or CDIV?
As of October 19, 2026, TQCD manages $3.86 B in assets, while CDIV manages $2.00 B. TQCD is the larger fund by AUM.
How are TQCD and CDIV managed?
TQCD is actively managed by TD Asset Management. It does not track an index. CDIV is actively managed by Manulife Investments. It does not track an index.
What sectors do TQCD and CDIV emphasize?
TQCD 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: TQCD or CDIV?
Year to date, TQCD has seen +$1,700.10 M in net flows, compared with +$874.53 M for CDIV. TQCD has attracted more net investor money so far.
How do the fees of TQCD and CDIV compare?
TQCD has an expense ratio of 0.39%, while CDIV has an expense ratio of 0.28%.
What are the top holdings of TQCD and CDIV?
TQCD's largest holdings include The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, and The Toronto-Dominion Bank. CDIV's top holdings include The Toronto-Dominion Bank, Canadian National Railway Co., and The Bank of Nova Scotia.
Which ETF is more diversified: TQCD or CDIV?
TQCD holds 77 securities, while CDIV holds 54. On holdings count, TQCD is the more diversified portfolio.
Recent articles about TQCD and CDIV
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