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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 Financials, Energy, and Utilities exposures, while XDV is primarily weighted in Financials, Energy, and Consumer Discretionary. When evaluating costs, VDY features a management fee (MER) of 0.2%, compared to 0.5% for XDV. Performance-wise, VDY has returned 23.04% year-to-date with +$1 B in net flows, whereas XDV is at 19.13% with +$0 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 | $8,338.15 M | $2,536.71 M |
| Management Fees | 0.20% | 0.50% |
| Exp. ratio | 0.22% | 0.55% |
| Tracking Difference | -0.03% | -0.95% |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VDY | +6.21% | +14.56% | +23.04% | +51.61% | +114.19% |
XDV | +5.83% | +12.48% | +19.13% | +43.07% | +93.51% | |
| Flows | VDY | +$311 M | +$831 M | +$1,424 M | +$2,324 M | +$3,402 M |
XDV | -$9 M | +$8 M | +$0 M | +$40 M | -$92 M |
VDY vs XDV exposure
Countries
VDY
Canada
99.63%
XDV
Canada
99.64%
Sectors
VDY
Financials
54.77%
Energy
29.54%
Other
15.68%
XDV
Financials
51.33%
Energy
11.77%
Consumer Discretionary
11.22%
Utilities
10.97%
Communication Services
7.44%
Other
7.27%
As of June 11, 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%
XDV
ROYAL BK CANADA
8.14%
CANADIAN TIRE
8.04%
BANK OF MONTREAL
7.97%
CDN IMPERIAL BK
5.40%
TORONTO DOMINION
5.40%
BNS
5.27%
SUN LIFE FINL
4.63%
TC ENERGY CORP
4.20%
COGECO COMMUNICATIONS INC
3.92%
GREAT WEST LIFECO
3.55%
Diversification
VDY
Total weight of top 10 holdings out of 61 total
67.51%
XDV
Total weight of top 10 holdings out of 30 total
56.51%
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 | 3.05% | 3.29% |
| 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 June 11, 2026, VDY has returned 23.04% year to date, while XDV has returned 19.13%. VDY is ahead on YTD performance.
Which ETF is larger by assets under management: VDY or XDV?
As of June 11, 2026, VDY manages $8.34 B in assets, while XDV manages $2.54 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 Financials, Energy, and Utilities. XDV is most exposed to Financials, Energy, and Consumer Discretionary.
Which ETF is attracting more investor flows: VDY or XDV?
Year to date, VDY has seen +$1,424.29 M in net flows, compared with +$0.27 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 BK CANADA, TORONTO DOMINION, and ENBRIDGE. XDV's top holdings include ROYAL BK CANADA, CANADIAN TIRE, and BANK OF MONTREAL.
Which ETF is more diversified: VDY or XDV?
VDY holds 58 securities, while XDV holds 30. On holdings count, VDY is the more diversified portfolio.
Recent articles about VDY and XDV
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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