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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 Financials, Energy, and Utilities exposures, while CRQ is primarily weighted in Financials, Energy, and Materials. When evaluating costs, VDY features a management fee (MER) of 0.2%, compared to 0.65% for CRQ. Performance-wise, VDY has returned 23.89% year-to-date with +$2 B in net flows, whereas CRQ is at 17.49% with +$10 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 | $8,455.24 M | $146.05 M |
| Management Fees | 0.20% | 0.65% |
| Exp. ratio | 0.22% | 0.72% |
| Tracking Difference | -0.03% | -1.14% |
Historical performance and flows
As of June 19, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VDY | +4.13% | +15.22% | +23.89% | +52.24% | +114.96% |
CRQ | +3.41% | +12.33% | +17.49% | +43.43% | +102.91% | |
| Flows | VDY | +$315 M | +$870 M | +$1,504 M | +$2,372 M | +$3,482 M |
CRQ | -$2 M | +$2 M | +$10 M | +$7 M | -$8 M |
VDY vs CRQ exposure
Countries
VDY
Canada
99.63%
CRQ
Canada
99.80%
Sectors
VDY
Financials
54.77%
Energy
29.54%
Other
15.68%
CRQ
Financials
41.62%
Energy
23.53%
Other
9.40%
Materials
8.19%
Other
17.25%
As of June 19, 2026
Top 10 Holdings
VDY
ROYAL BK CANADA
14.42%
TORONTO DOMINION
10.36%
ENBRIDGE
6.92%
BANK OF MONTREAL
6.18%
CDN IMPERIAL BK
6.00%
CDN NATURAL RESOURCE
5.58%
BNS
5.56%
SUNCOR ENERGY
4.72%
TC ENERGY CORP
3.99%
MANULIFE-S
3.78%
CRQ
ROYAL BK CANADA
7.94%
TORONTO DOMINION
7.60%
ENBRIDGE
5.73%
BNS
5.33%
BANK OF MONTREAL
4.39%
SUNCOR ENERGY
4.19%
CDN NATURAL RESOURCE
4.07%
CDN IMPERIAL BK
3.79%
MANULIFE-S
3.19%
CA11271J1075
3.17%
Diversification
VDY
Total weight of top 10 holdings out of 61 total
67.51%
CRQ
Total weight of top 10 holdings out of 101 total
49.40%
Characteristics
Compare
VDY
CRQ
| Provider | Vanguard | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada High Dividend Yield Net Tax Index - CAD | FTSE RAFI Canada Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.28% | 1.87% |
| 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 June 19, 2026, VDY has returned 23.89% year to date, while CRQ has returned 17.49%. VDY is ahead on YTD performance.
Which ETF is larger by assets under management: VDY or CRQ?
As of June 19, 2026, VDY manages $8.46 B in assets, while CRQ manages $146.05 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 FTSE RAFI Canada Total Return Index - CAD benchmark.
What sectors do VDY and CRQ emphasize?
VDY is most exposed to Financials, Energy, and Utilities. CRQ is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: VDY or CRQ?
Year to date, VDY has seen +$1,503.62 M in net flows, compared with +$10.17 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 BK CANADA, TORONTO DOMINION, and ENBRIDGE. CRQ's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: VDY or CRQ?
VDY holds 58 securities, while CRQ holds 90. On holdings count, CRQ is the more diversified portfolio.
Recent articles about VDY and CRQ
ETF Comparison: VDY vs XEI
Sector exposure, diversification, and tracking efficiency separate these two dividend ETF heavyweights.
Posted on 6/1/2026 by Kyle Anthony inDividends
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