VS
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 and XDV provide the same top sector exposures: Financials, Energy, and Utilities. When evaluating costs, VDY features a management fee (MER) of 0.2%, compared to 0.5% for XDV. Performance-wise, VDY has returned 12.94% year-to-date with +$940 M in net flows, whereas XDV is at 10.31% with +$5 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 | $7,212.31 M | $2,373.72 M |
| Management Fees | 0.20% | 0.50% |
| Exp. ratio | 0.22% | 0.55% |
| Tracking Difference | -0.02% | -0.90% |
Historical performance and flows
As of April 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VDY | +4.55% | +10.29% | +12.94% | +49.09% | +88.92% |
XDV | +4.88% | +8.62% | +10.31% | +42.47% | +72.54% | |
| Flows | VDY | +$284 M | +$740 M | +$940 M | +$1,968 M | +$2,977 M |
XDV | +$13 M | +$9 M | +$5 M | +$32 M | -$87 M |
VDY vs XDV exposure
Countries
VDY
Canada
99.51%
XDV
Canada
99.62%
Sectors
VDY
Financials
52.27%
Energy
31.07%
Other
16.66%
XDV
Financials
48.76%
Energy
12.29%
Utilities
11.54%
Consumer Discretionary
11.39%
Communication Services
8.59%
Other
7.43%
As of April 24, 2026
Top 10 Holdings
VDY
ROYAL BK CANADA
14.07%
TORONTO DOMINION
9.76%
ENBRIDGE
7.35%
CDN NATURAL RESOURCE
6.20%
BANK OF MONTREAL
5.97%
CDN IMPERIAL BK
5.54%
BNS
5.38%
SUNCOR ENERGY
4.95%
TC ENERGY CORP
4.04%
MANULIFE-S
3.60%
XDV
CANADIAN TIRE
8.38%
ROYAL BK CANADA
7.89%
BANK OF MONTREAL
7.64%
BNS
5.06%
TORONTO DOMINION
5.04%
CDN IMPERIAL BK
4.95%
COGECO COMMUNICATIONS INC
4.62%
SUN LIFE FINL
4.34%
TC ENERGY CORP
4.22%
EMERA
3.60%
Diversification
VDY
Total weight of top 10 holdings out of 61 total
66.86%
XDV
Total weight of top 10 holdings out of 30 total
55.74%
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 | 3.60% | 3.14% |
| 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 April 24, 2026, VDY has returned 12.94% year to date, while XDV has returned 10.31%. VDY is ahead on YTD performance.
Which ETF is larger by assets under management: VDY or XDV?
As of April 24, 2026, VDY manages $7.21 B in assets, while XDV manages $2.37 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 Utilities.
Which ETF is attracting more investor flows: VDY or XDV?
Year to date, VDY has seen +$940.34 M in net flows, compared with +$4.87 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 CANADIAN TIRE, ROYAL BK CANADA, 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
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.