VS
Compare CI Morningstar Canada Momentum Index ETF (WXM) vs iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ) to find the best fit for your portfolio. WXM provides Finance, Non-Energy Materials, and Industrials exposures, while CDZ is primarily weighted in Finance, Energy, and Industrials. When evaluating costs, WXM features a management fee (MER) of 0.6%, compared to 0.6% for CDZ. Performance-wise, WXM has returned 14.38% year-to-date with +$96 M in net flows, whereas CDZ is at 15.76% with +$6 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
WXM
CDZ
| AuM | $1,113.49 M | $1,240.99 M |
| Management Fees | 0.60% | 0.60% |
| Exp. ratio | 0.65% | 0.66% |
| Tracking Difference | -0.93% | -0.83% |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | WXM | +0.48% | +0.68% | +14.38% | +24.20% | +123.69% |
CDZ | +2.04% | -2.40% | +15.76% | +19.57% | +80.06% | |
| Flows | WXM | -$5 M | -$459 M | +$96 M | +$83 M | +$41 M |
CDZ | -$2 M | -$2 M | +$6 M | +$30 M | -$81 M |
WXM vs CDZ exposure
Countries
WXM
Canada
93.46%
CDZ
Canada
97.18%
Sectors
WXM
Finance
28.32%
Non-Energy Materials
22.41%
Industrials
15.37%
Other
33.90%
CDZ
Finance
28.12%
Energy
20.56%
Industrials
15.22%
Utilities
9.14%
Consumer Non-Cyclicals
7.19%
Other
19.77%
As of October 16, 2026
Top 10 Holdings
WXM
DPM Metals, Inc.
4.79%
K92 Mining, Inc.
4.37%
Altius Minerals Corp.
3.89%
Great-West Lifeco, Inc.
3.78%
Teck Resources Limited
3.71%
Restaurant Brands International, Inc.
3.68%
IGM Financial, Inc.
3.65%
CES Energy Solutions Corp.
3.61%
PrairieSky Royalty Ltd.
3.60%
The Toronto-Dominion Bank
3.58%
CDZ
South Bow Corp.
3.48%
Westshore Terminals Investment Corp.
2.87%
Gibson Energy, Inc.
2.82%
Mullen Group Ltd.
2.81%
Canadian Natural Resources Ltd.
2.39%
Pembina Pipeline Corp.
2.30%
Enbridge, Inc.
2.15%
Cenovus Energy, Inc.
2.03%
CT Real Estate Investment Trust
2.03%
Topaz Energy Corp.
1.91%
Diversification
WXM
Total weight of top 10 holdings out of 31 total
38.68%
CDZ
Total weight of top 10 holdings out of 93 total
24.79%
Characteristics
Compare
WXM
CDZ
| Provider | CI | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Morningstar Canada Target Momentum Total Return Index - CAD | S&P/TSX Canadian Dividend Aristocrats Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.14% | 2.99% |
| Meets ESG criteria | No | No |
| Inception Date | February 13, 2012 | September 8, 2006 |
Frequently asked questions about WXM and CDZ
Which ETF has performed better year to date: WXM or CDZ?
As of October 16, 2026, WXM has returned 14.38% year to date, while CDZ has returned 15.76%. CDZ is ahead on YTD performance.
Which ETF is larger by assets under management: WXM or CDZ?
As of October 16, 2026, WXM manages $1.11 B in assets, while CDZ manages $1.24 B. CDZ is the larger fund by AUM.
How are WXM and CDZ managed?
WXM is passively managed by CI. It tracks the Morningstar Canada Target Momentum Total Return Index - CAD benchmark. CDZ is passively managed by iShares. It tracks the S&P/TSX Canadian Dividend Aristocrats Total Return Index - CAD benchmark.
What sectors do WXM and CDZ emphasize?
WXM is most exposed to Finance, Non-Energy Materials, and Industrials. CDZ is most exposed to Finance, Energy, and Industrials.
Which ETF is attracting more investor flows: WXM or CDZ?
Year to date, WXM has seen +$96.37 M in net flows, compared with +$6.39 M for CDZ. WXM has attracted more net investor money so far.
How do the fees of WXM and CDZ compare?
WXM has an expense ratio of 0.65%, while CDZ has an expense ratio of 0.66%.
What are the top holdings of WXM and CDZ?
WXM's largest holdings include DPM Metals, Inc., K92 Mining, Inc., and Altius Minerals Corp.. CDZ's top holdings include South Bow Corp., Westshore Terminals Investment Corp., and Gibson Energy, Inc..
Which ETF is more diversified: WXM or CDZ?
WXM holds 31 securities, while CDZ holds 93. On holdings count, CDZ is the more diversified portfolio.
Recent articles about WXM and CDZ
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