VS
Compare Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY) vs CI Canadian Dividend Index ETF (PDC) to find the best fit for your portfolio. VDY and PDC provide the same top sector exposures: Finance, Energy, and Utilities. When evaluating costs, VDY features a management fee (MER) of 0.2%, compared to 0.5% for PDC. Performance-wise, VDY has returned 29.81% year-to-date with +$2 B in net flows, whereas PDC is at 24.45% with -$60 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
PDC
| AuM | $9,371.74 M | $1,039.43 M |
| Management Fees | 0.20% | 0.50% |
| Exp. ratio | 0.22% | 0.54% |
| Tracking Difference | -0.03% | -0.75% |
Historical performance and flows
As of October 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VDY | +1.44% | +0.91% | +29.81% | +41.26% | +136.84% |
PDC | +0.92% | -0.83% | +24.45% | +30.15% | +108.30% | |
| Flows | VDY | +$107 M | +$284 M | +$2,091 M | +$2,455 M | +$3,971 M |
PDC | -$5 M | -$25 M | -$60 M | -$68 M | -$217 M |
VDY vs PDC exposure
Countries
VDY
Canada
96.94%
PDC
Canada
91.64%
Other
8.36%
Sectors
VDY
Finance
59.44%
Energy
28.52%
Other
12.04%
PDC
Finance
48.96%
Energy
21.01%
Utilities
11.30%
Other
18.73%
As of October 21, 2026
Top 10 Holdings
VDY
Royal Bank of Canada
15.65%
The Toronto-Dominion Bank
11.07%
Bank of Montreal
6.59%
The Bank of Nova Scotia
6.17%
Enbridge, Inc.
6.05%
Canadian Imperial Bank of Commerce
5.71%
Canadian Natural Resources Ltd.
5.60%
Suncor Energy, Inc.
4.35%
Manulife Financial Corp.
3.88%
TC Energy Corp.
3.57%
PDC
The Bank of Nova Scotia
9.07%
The Toronto-Dominion Bank
8.40%
Bank of Montreal
8.34%
Canadian Imperial Bank of Commerce
8.26%
Enbridge, Inc.
7.44%
Manulife Financial Corp.
4.44%
Sun Life Financial, Inc.
4.38%
Canadian Natural Resources Ltd.
4.38%
Nutrien Ltd.
4.38%
Pembina Pipeline Corp.
4.15%
Diversification
VDY
Total weight of top 10 holdings out of 60 total
68.65%
PDC
Total weight of top 10 holdings out of 43 total
63.23%
Characteristics
Compare
VDY
PDC
| Provider | Vanguard | CI |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada High Dividend Yield Net Tax Index - CAD | NASDAQ Select Canadian Dividend Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.22% | 3.17% |
| Meets ESG criteria | No | No |
| Inception Date | November 2, 2012 | June 16, 2011 |
Frequently asked questions about VDY and PDC
Which ETF has performed better year to date: VDY or PDC?
As of October 21, 2026, VDY has returned 29.81% year to date, while PDC has returned 24.45%. VDY is ahead on YTD performance.
Which ETF is larger by assets under management: VDY or PDC?
As of October 21, 2026, VDY manages $9.37 B in assets, while PDC manages $1.04 B. VDY is the larger fund by AUM.
How are VDY and PDC managed?
VDY is passively managed by Vanguard. It tracks the FTSE Canada High Dividend Yield Net Tax Index - CAD benchmark. PDC is passively managed by CI. It tracks the NASDAQ Select Canadian Dividend Total Return Index - CAD benchmark.
What sectors do VDY and PDC emphasize?
VDY is most exposed to Finance, Energy, and Utilities. PDC is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: VDY or PDC?
Year to date, VDY has seen +$2,091.40 M in net flows, compared with -$59.84 M for PDC. VDY has attracted more net investor money so far.
How do the fees of VDY and PDC compare?
VDY has an expense ratio of 0.22%, while PDC has an expense ratio of 0.54%.
What are the top holdings of VDY and PDC?
VDY's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Bank of Montreal. PDC's top holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Bank of Montreal.
Which ETF is more diversified: VDY or PDC?
VDY holds 60 securities, while PDC holds 43. On holdings count, VDY is the more diversified portfolio.
Recent articles about VDY and PDC
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