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TD Active U.S. Enhanced Dividend ETF (TUED) and iShares MSCI USA Quality Factor Index ETF (XQLT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that TUED focuses its top 3 sector exposures on Information Technology, Industrials, and Communication Services, while XQLT leans towards Information Technology, Communication Services, and Consumer Discretionary. When evaluating costs, TUED features a management fee (MER) of 0.65%, compared to 0.3% for XQLT. Performance-wise, TUED has returned 19.45% year-to-date with -$10 M in net flows, whereas XQLT is at 12.25% with +$23 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
TUED
XQLT
| AuM | $704.27 M | $253.01 M |
| Management Fees | 0.65% | 0.30% |
| Exp. ratio | 0.73% | 0.32% |
| Tracking Difference | - | -0.28% |
Historical performance and flows
As of June 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TUED | +7.20% | +18.90% | +19.45% | +32.58% | +109.09% |
XQLT | +5.78% | +14.78% | +12.25% | +26.90% | +76.72% | |
| Flows | TUED | +$7 M | +$4 M | -$10 M | -$17 M | +$213 M |
XQLT | +$0 M | +$12 M | +$23 M | +$26 M | +$106 M |
TUED vs XQLT exposure
Countries
TUED
USA
80.46%
Other
11.93%
Canada
7.09%
XQLT
USA
94.75%
Sectors
TUED
Information Technology
33.21%
Other
16.31%
Industrials
12.76%
Communication Services
8.79%
Other
28.93%
XQLT
Information Technology
37.08%
Communication Services
10.36%
Consumer Discretionary
9.83%
Health Care
8.99%
Industrials
8.37%
Other
7.07%
Other
18.30%
As of June 18, 2026
Top 10 Holdings
TUED
NVIDIA
9.41%
ALPHABET INC-CL
5.95%
BROADCOM LIMITED
5.29%
APPLE
4.68%
CORNING
4.24%
MICROSOFT-T
3.98%
KLA CORPORATION
3.90%
CATERPILLAR
3.74%
CURTISS WRIGHT
3.37%
IMPERIAL OIL
2.97%
XQLT
NVIDIA
6.50%
APPLE
6.26%
MICROSOFT-T
5.04%
META PLATFORMS
3.49%
US5128073062
3.22%
TJX
3.19%
VISA INCORPORATION
3.08%
LILLY
2.92%
KLA CORPORATION
2.78%
ALPHABET INC-CL
2.53%
Diversification
TUED
Total weight of top 10 holdings out of 34 total
47.53%
XQLT
Total weight of top 10 holdings out of 122 total
39.02%
Characteristics
Compare
TUED
XQLT
| Provider | TD Asset Management | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | MSCI USA Sector Neutral Quality NTR Index - CAD |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.06% | 0.62% |
| Meets ESG criteria | No | No |
| Inception Date | June 2, 2020 | September 10, 2019 |
Frequently asked questions about TUED and XQLT
Which ETF has performed better year to date: TUED or XQLT?
As of June 18, 2026, TUED has returned 19.45% year to date, while XQLT has returned 12.25%. TUED is ahead on YTD performance.
Which ETF is larger by assets under management: TUED or XQLT?
As of June 18, 2026, TUED manages $704.27 M in assets, while XQLT manages $253.01 M. TUED is the larger fund by AUM.
How are TUED and XQLT managed?
TUED is actively managed by TD Asset Management. It does not track an index. XQLT is passively managed by iShares. It tracks the MSCI USA Sector Neutral Quality NTR Index - CAD benchmark.
What sectors do TUED and XQLT emphasize?
TUED is most exposed to Information Technology, Industrials, and Communication Services. XQLT is most exposed to Information Technology, Communication Services, and Consumer Discretionary.
Which ETF is attracting more investor flows: TUED or XQLT?
Year to date, TUED has seen -$9.78 M in net flows, compared with +$22.65 M for XQLT. XQLT has attracted more net investor money so far.
How do the fees of TUED and XQLT compare?
TUED has an expense ratio of 0.73%, while XQLT has an expense ratio of 0.32%.
What are the top holdings of TUED and XQLT?
TUED's largest holdings include NVIDIA, ALPHABET INC-CL, and BROADCOM LIMITED. XQLT's top holdings include NVIDIA and APPLE.
Which ETF is more diversified: TUED or XQLT?
TUED holds 32 securities, while XQLT holds 117. On holdings count, XQLT is the more diversified portfolio.
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