VS
Vanguard FTSE Developed ex North America High Dividend Yield Index ETF (VIDY) and Manulife Smart International Defensive Equity ETF (IDEF.B) offer distinct profiles for Canadian ETF investors. A direct comparison shows that VIDY focuses its top 3 sector exposures on Finance, Healthcare, and Consumer Non-Cyclicals, while IDEF.B leans towards Finance, Industrials, and Consumer Non-Cyclicals. When evaluating costs, VIDY features a management fee (MER) of 0.28%, compared to 0.35% for IDEF.B. Performance-wise, VIDY has returned 20.86% year-to-date with +$817 M in net flows, whereas IDEF.B is at 14.14% 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
VIDY
IDEF.B
| AuM | $2,256.26 M | $4.00 M |
| Management Fees | 0.28% | 0.35% |
| Exp. ratio | 0.32% | 0.32% |
| Tracking Difference | -0.10% | - |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VIDY | +0.45% | +8.90% | +20.86% | +32.15% | +97.34% |
IDEF.B | -0.19% | +4.78% | +14.14% | +16.70% | +55.29% | |
| Flows | VIDY | +$66 M | +$213 M | +$817 M | +$1,162 M | +$1,708 M |
IDEF.B | +$0 M | -$0 M | -$0 M | -$0 M | -$0 M |
VIDY vs IDEF.B exposure
Countries
VIDY
Japan
16.30%
United Kingdom
15.80%
Switzerland
11.11%
Australia
10.68%
France
7.99%
Other
38.12%
IDEF.B
Japan
20.02%
United Kingdom
13.57%
Switzerland
9.62%
Other
56.80%
Sectors
VIDY
Finance
44.08%
Healthcare
9.12%
Consumer Non-Cyclicals
8.85%
Other
37.95%
IDEF.B
Finance
22.38%
Industrials
14.01%
Consumer Non-Cyclicals
13.43%
Technology
8.48%
Energy
8.28%
Telecommunications
7.94%
Other
25.48%
As of September 3, 2026
Top 10 Holdings
VIDY
HSBC Holdings Plc
2.82%
Roche Holding AG
2.38%
Novartis AG
2.26%
Nestlé SA
2.00%
Shell Plc
1.98%
Mitsubishi UFJ Financial Group, Inc.
1.89%
BHP Group Ltd.
1.67%
Commonwealth Bank of Australia
1.62%
Toyota Motor Corp.
1.60%
Banco Santander SA
1.59%
IDEF.B
DBS Group Holdings Ltd.
2.25%
Shell Plc
2.03%
ASML Holding NV
1.98%
Oversea-Chinese Banking Corp. Ltd.
1.78%
TotalEnergies SE
1.65%
ABB Ltd.
1.63%
Auckland International Airport Ltd.
1.55%
HKT Trust & HKT Ltd.
1.53%
HSBC Holdings Plc
1.53%
Orange SA
1.52%
Diversification
VIDY
Total weight of top 10 holdings out of 630 total
19.82%
IDEF.B
Total weight of top 10 holdings out of 153 total
17.43%
Characteristics
Compare
VIDY
IDEF.B
| Provider | Vanguard | Manulife Investments |
| Management | Passively managed | Actively managed |
| Benchmark | FTSE Developed ex North America High Dividend Yield Net Tax Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.80% | 1.31% |
| Meets ESG criteria | No | No |
| Inception Date | August 21, 2018 | November 9, 2022 |
Frequently asked questions about VIDY and IDEF.B
Which ETF has performed better year to date: VIDY or IDEF.B?
As of September 3, 2026, VIDY has returned 20.86% year to date, while IDEF.B has returned 14.14%. VIDY is ahead on YTD performance.
Which ETF is larger by assets under management: VIDY or IDEF.B?
As of September 3, 2026, VIDY manages $2.26 B in assets, while IDEF.B manages $4.00 M. VIDY is the larger fund by AUM.
How are VIDY and IDEF.B managed?
VIDY is passively managed by Vanguard. It tracks the FTSE Developed ex North America High Dividend Yield Net Tax Index - CAD benchmark. IDEF.B is actively managed by Manulife Investments. It does not track an index.
What sectors do VIDY and IDEF.B emphasize?
VIDY is most exposed to Finance, Healthcare, and Consumer Non-Cyclicals. IDEF.B is most exposed to Finance, Industrials, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: VIDY or IDEF.B?
Year to date, VIDY has seen +$817.23 M in net flows, compared with -$0.00 M for IDEF.B. VIDY has attracted more net investor money so far.
How do the fees of VIDY and IDEF.B compare?
VIDY has an expense ratio of 0.32%, while IDEF.B has an expense ratio of 0.32%.
What are the top holdings of VIDY and IDEF.B?
VIDY's largest holdings include HSBC Holdings Plc, Roche Holding AG, and Novartis AG. IDEF.B's top holdings include DBS Group Holdings Ltd., Shell Plc, and ASML Holding NV.
Which ETF is more diversified: VIDY or IDEF.B?
VIDY holds 608 securities, while IDEF.B holds 153. On holdings count, VIDY is the more diversified portfolio.
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