VS
Compare iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV) vs iShares Canadian Fundamental Index ETF (CRQ) to find the best fit for your portfolio. XDIV provides Finance, Energy, and Utilities exposures, while CRQ is primarily weighted in Finance, Energy, and Non-Energy Materials. When evaluating costs, XDIV features a management fee (MER) of 0.1%, compared to 0.65% for CRQ. Performance-wise, XDIV has returned 28.77% year-to-date with +$1 B in net flows, whereas CRQ is at 21.73% 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
XDIV
CRQ
| AuM | $6,312.78 M | $154.44 M |
| Management Fees | 0.10% | 0.65% |
| Exp. ratio | 0.11% | 0.72% |
| Tracking Difference | 1.00% | -0.02% |
Historical performance and flows
As of September 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XDIV | -0.39% | +6.26% | +28.77% | +41.09% | +107.76% |
CRQ | -1.05% | +3.56% | +21.73% | +33.87% | +102.09% | |
| Flows | XDIV | +$149 M | +$477 M | +$1,457 M | +$1,964 M | +$3,527 M |
CRQ | +$4 M | +$4 M | +$14 M | +$14 M | +$0 M |
XDIV vs CRQ exposure
Countries
XDIV
Canada
95.43%
CRQ
Canada
98.14%
Sectors
XDIV
Finance
47.81%
Energy
28.87%
Utilities
9.39%
Other
13.94%
CRQ
Finance
48.70%
Energy
23.07%
Non-Energy Materials
8.63%
Other
19.61%
As of September 18, 2026
Top 10 Holdings
XDIV
Manulife Financial Corp.
9.89%
Royal Bank of Canada
9.62%
The Toronto-Dominion Bank
9.33%
Sun Life Financial, Inc.
8.48%
Suncor Energy, Inc.
8.06%
Canadian Natural Resources Ltd.
8.04%
Power Corp of Canada
6.54%
Pembina Pipeline Corp.
5.41%
Fortis, Inc.
5.40%
Restaurant Brands International, Inc.
4.41%
CRQ
Royal Bank of Canada
8.88%
The Toronto-Dominion Bank
8.09%
The Bank of Nova Scotia
5.76%
Enbridge, Inc.
5.48%
Bank of Montreal
4.93%
Suncor Energy, Inc.
3.90%
Canadian Natural Resources Ltd.
3.86%
Canadian Imperial Bank of Commerce
3.85%
Manulife Financial Corp.
3.46%
Brookfield Corp.
2.82%
Diversification
XDIV
Total weight of top 10 holdings out of 21 total
75.18%
CRQ
Total weight of top 10 holdings out of 101 total
51.03%
Characteristics
Compare
XDIV
CRQ
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Canada High Dividend Yield 10% Security Capped Net Total Return Index - CAD | RAFI Fundamental Select Canada 100 Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.08% | 1.78% |
| Meets ESG criteria | No | No |
| Inception Date | June 7, 2017 | February 22, 2006 |
Frequently asked questions about XDIV and CRQ
Which ETF has performed better year to date: XDIV or CRQ?
As of September 18, 2026, XDIV has returned 28.77% year to date, while CRQ has returned 21.73%. XDIV is ahead on YTD performance.
Which ETF is larger by assets under management: XDIV or CRQ?
As of September 18, 2026, XDIV manages $6.31 B in assets, while CRQ manages $154.44 M. XDIV is the larger fund by AUM.
How are XDIV and CRQ managed?
XDIV is passively managed by iShares. It tracks the MSCI Canada High Dividend Yield 10% Security Capped Net Total Return Index - CAD benchmark. CRQ is passively managed by iShares. It tracks the RAFI Fundamental Select Canada 100 Index - CAD benchmark.
What sectors do XDIV and CRQ emphasize?
XDIV is most exposed to Finance, Energy, and Utilities. CRQ is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: XDIV or CRQ?
Year to date, XDIV has seen +$1,456.93 M in net flows, compared with +$14.02 M for CRQ. XDIV has attracted more net investor money so far.
How do the fees of XDIV and CRQ compare?
XDIV has an expense ratio of 0.11%, while CRQ has an expense ratio of 0.72%.
What are the top holdings of XDIV and CRQ?
XDIV's largest holdings include Manulife Financial Corp., Royal Bank of Canada, and The Toronto-Dominion Bank. CRQ's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and The Bank of Nova Scotia.
Which ETF is more diversified: XDIV or CRQ?
XDIV holds 21 securities, while CRQ holds 100. On holdings count, CRQ is the more diversified portfolio.
Recent articles about XDIV and CRQ
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.