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Compare Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY) vs iShares Canadian Fundamental Index ETF (CRQ) to find the best fit for your portfolio. VDY provides Finance, Energy, and Utilities exposures, while CRQ is primarily weighted in Finance, Energy, and Non-Energy Materials. When evaluating costs, VDY features a management fee (MER) of 0.2%, compared to 0.65% for CRQ. Performance-wise, VDY has returned 27.64% year-to-date with +$2 B in net flows, whereas CRQ is at 21.73% with +$14 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
VDY
CRQ
| AuM | $9,127.25 M | $154.44 M |
| Management Fees | 0.20% | 0.65% |
| Exp. ratio | 0.22% | 0.72% |
| Tracking Difference | -0.03% | -0.02% |
Historical performance and flows
As of September 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VDY | -1.25% | +3.23% | +27.64% | +41.11% | +116.55% |
CRQ | -1.05% | +3.56% | +21.73% | +33.87% | +102.09% | |
| Flows | VDY | +$114 M | +$508 M | +$1,985 M | +$2,496 M | +$3,904 M |
CRQ | +$4 M | +$4 M | +$14 M | +$14 M | +$0 M |
VDY vs CRQ exposure
Countries
VDY
Canada
97.08%
CRQ
Canada
98.14%
Sectors
VDY
Finance
59.82%
Energy
28.36%
Other
11.82%
CRQ
Finance
48.70%
Energy
23.07%
Non-Energy Materials
8.63%
Other
19.61%
As of September 18, 2026
Top 10 Holdings
VDY
Royal Bank of Canada
15.83%
The Toronto-Dominion Bank
10.84%
Bank of Montreal
6.86%
Enbridge, Inc.
6.42%
Canadian Imperial Bank of Commerce
5.89%
The Bank of Nova Scotia
5.85%
Canadian Natural Resources Ltd.
5.26%
Suncor Energy, Inc.
4.31%
Manulife Financial Corp.
4.02%
TC Energy Corp.
3.79%
CRQ
Royal Bank of Canada
8.88%
The Toronto-Dominion Bank
8.09%
The Bank of Nova Scotia
5.76%
Enbridge, Inc.
5.48%
Bank of Montreal
4.93%
Suncor Energy, Inc.
3.90%
Canadian Natural Resources Ltd.
3.86%
Canadian Imperial Bank of Commerce
3.85%
Manulife Financial Corp.
3.46%
Brookfield Corp.
2.82%
Diversification
VDY
Total weight of top 10 holdings out of 60 total
69.07%
CRQ
Total weight of top 10 holdings out of 101 total
51.03%
Characteristics
Compare
VDY
CRQ
| Provider | Vanguard | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada High Dividend Yield Net Tax Index - CAD | RAFI Fundamental Select Canada 100 Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.25% | 1.78% |
| Meets ESG criteria | No | No |
| Inception Date | November 2, 2012 | February 22, 2006 |
Frequently asked questions about VDY and CRQ
Which ETF has performed better year to date: VDY or CRQ?
As of September 18, 2026, VDY has returned 27.64% year to date, while CRQ has returned 21.73%. VDY is ahead on YTD performance.
Which ETF is larger by assets under management: VDY or CRQ?
As of September 18, 2026, VDY manages $9.13 B in assets, while CRQ manages $154.44 M. VDY is the larger fund by AUM.
How are VDY and CRQ managed?
VDY is passively managed by Vanguard. It tracks the FTSE Canada High Dividend Yield Net Tax Index - CAD benchmark. CRQ is passively managed by iShares. It tracks the RAFI Fundamental Select Canada 100 Index - CAD benchmark.
What sectors do VDY and CRQ emphasize?
VDY is most exposed to Finance, Energy, and Utilities. CRQ is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: VDY or CRQ?
Year to date, VDY has seen +$1,984.73 M in net flows, compared with +$14.02 M for CRQ. VDY has attracted more net investor money so far.
How do the fees of VDY and CRQ compare?
VDY has an expense ratio of 0.22%, while CRQ has an expense ratio of 0.72%.
What are the top holdings of VDY and CRQ?
VDY's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Bank of Montreal. CRQ's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and The Bank of Nova Scotia.
Which ETF is more diversified: VDY or CRQ?
VDY holds 60 securities, while CRQ holds 100. On holdings count, CRQ is the more diversified portfolio.
Recent articles about VDY and CRQ
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