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Compare Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY) vs iShares Canadian Select Dividend Index ETF (XDV) to find the best fit for your portfolio. VDY provides Finance, Energy, and Utilities exposures, while XDV is primarily weighted in Finance, Utilities, and Energy. When evaluating costs, VDY features a management fee (MER) of 0.2%, compared to 0.5% for XDV. Performance-wise, VDY has returned 26.29% year-to-date with +$2 B in net flows, whereas XDV is at 22.6% 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
XDV
| AuM | $9,036.77 M | $2,600.97 M |
| Management Fees | 0.20% | 0.50% |
| Exp. ratio | 0.22% | 0.55% |
| Tracking Difference | -0.03% | -0.92% |
Historical performance and flows
As of September 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VDY | -0.83% | +3.48% | +26.29% | +41.12% | +119.39% |
XDV | -2.19% | +3.98% | +22.60% | +37.30% | +103.15% | |
| Flows | VDY | +$141 M | +$560 M | +$1,969 M | +$2,523 M | +$3,882 M |
XDV | +$0 M | +$14 M | +$14 M | +$56 M | -$59 M |
VDY vs XDV exposure
Countries
VDY
Canada
97.08%
XDV
Canada
99.77%
Sectors
VDY
Finance
59.82%
Energy
28.36%
Other
11.82%
XDV
Finance
54.07%
Utilities
10.85%
Energy
10.44%
Consumer Non-Cyclicals
9.48%
Other
15.15%
As of September 10, 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%
XDV
Royal Bank of Canada
8.81%
Bank of Montreal
8.66%
Canadian Tire Corp. Ltd.
7.91%
The Toronto-Dominion Bank
5.56%
The Bank of Nova Scotia
5.51%
Canadian Imperial Bank of Commerce
5.30%
Sun Life Financial, Inc.
4.93%
Great-West Lifeco, Inc.
4.03%
TC Energy Corp.
3.94%
Power Corp of Canada
3.46%
Diversification
VDY
Total weight of top 10 holdings out of 60 total
69.07%
XDV
Total weight of top 10 holdings out of 30 total
58.12%
Characteristics
Compare
VDY
XDV
| Provider | Vanguard | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada High Dividend Yield Net Tax Index - CAD | Dow Jones Canada Select Dividend Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.03% | 3.39% |
| Meets ESG criteria | No | No |
| Inception Date | November 2, 2012 | December 19, 2005 |
Frequently asked questions about VDY and XDV
Which ETF has performed better year to date: VDY or XDV?
As of September 10, 2026, VDY has returned 26.29% year to date, while XDV has returned 22.60%. VDY is ahead on YTD performance.
Which ETF is larger by assets under management: VDY or XDV?
As of September 10, 2026, VDY manages $9.04 B in assets, while XDV manages $2.60 B. VDY is the larger fund by AUM.
How are VDY and XDV managed?
VDY is passively managed by Vanguard. It tracks the FTSE Canada High Dividend Yield Net Tax Index - CAD benchmark. XDV is passively managed by iShares. It tracks the Dow Jones Canada Select Dividend Total Return Index - CAD benchmark.
What sectors do VDY and XDV emphasize?
VDY is most exposed to Finance, Energy, and Utilities. XDV is most exposed to Finance, Utilities, and Energy.
Which ETF is attracting more investor flows: VDY or XDV?
Year to date, VDY has seen +$1,969.31 M in net flows, compared with +$14.46 M for XDV. VDY has attracted more net investor money so far.
How do the fees of VDY and XDV compare?
VDY has an expense ratio of 0.22%, while XDV has an expense ratio of 0.55%.
What are the top holdings of VDY and XDV?
VDY's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Bank of Montreal. XDV's top holdings include Royal Bank of Canada, Bank of Montreal, and Canadian Tire Corp. Ltd..
Which ETF is more diversified: VDY or XDV?
VDY holds 60 securities, while XDV holds 30. On holdings count, VDY is the more diversified portfolio.
Recent articles about VDY and XDV
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