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Compare iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV) vs CI Canadian Dividend Index ETF (PDC) to find the best fit for your portfolio. XDIV and PDC provide the same top sector exposures: Finance, Energy, and Utilities. When evaluating costs, XDIV features a management fee (MER) of 0.1%, compared to 0.5% for PDC. Performance-wise, XDIV has returned 32.96% year-to-date with +$2 B in net flows, whereas PDC is at 25.57% with -$62 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
PDC
| AuM | $6,735.82 M | $1,046.29 M |
| Management Fees | 0.10% | 0.50% |
| Exp. ratio | 0.11% | 0.54% |
| Tracking Difference | 0.99% | -1.11% |
Historical performance and flows
As of November 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XDIV | +4.98% | +3.24% | +32.96% | +40.98% | +119.59% |
PDC | +3.67% | +0.50% | +25.57% | +30.25% | +100.13% | |
| Flows | XDIV | +$203 M | +$428 M | +$1,705 M | +$2,044 M | +$3,764 M |
PDC | -$7 M | -$22 M | -$62 M | -$68 M | -$214 M |
XDIV vs PDC exposure
Countries
XDIV
Canada
95.22%
PDC
Canada
91.25%
Other
8.75%
Sectors
XDIV
Finance
47.61%
Energy
29.16%
Utilities
9.18%
Other
14.05%
PDC
Finance
47.77%
Energy
21.04%
Utilities
11.81%
Other
19.39%
As of November 2, 2026
Top 10 Holdings
XDIV
Suncor Energy, Inc.
9.72%
The Toronto-Dominion Bank
9.61%
Manulife Financial Corp.
9.49%
Canadian Natural Resources Ltd.
9.19%
Royal Bank of Canada
9.17%
Sun Life Financial, Inc.
8.64%
Power Corp of Canada
6.70%
Fortis, Inc.
5.35%
Pembina Pipeline Corp.
5.16%
Restaurant Brands International, Inc.
4.57%
PDC
The Bank of Nova Scotia
8.33%
Bank of Montreal
8.23%
Canadian Imperial Bank of Commerce
8.20%
The Toronto-Dominion Bank
8.15%
Enbridge, Inc.
7.70%
Manulife Financial Corp.
4.21%
Sun Life Financial, Inc.
4.16%
Fortis, Inc.
4.01%
Canadian Natural Resources Ltd.
3.97%
Nutrien Ltd.
3.94%
Diversification
XDIV
Total weight of top 10 holdings out of 20 total
77.60%
PDC
Total weight of top 10 holdings out of 43 total
60.91%
Characteristics
Compare
XDIV
PDC
| Provider | iShares | CI |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Canada High Dividend Yield 10% Security Capped Net Total Return Index - CAD | NASDAQ Select Canadian Dividend Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.00% | 2.89% |
| Meets ESG criteria | No | No |
| Inception Date | June 7, 2017 | June 16, 2011 |
Frequently asked questions about XDIV and PDC
Which ETF has performed better year to date: XDIV or PDC?
As of November 2, 2026, XDIV has returned 32.96% year to date, while PDC has returned 25.57%. XDIV is ahead on YTD performance.
Which ETF is larger by assets under management: XDIV or PDC?
As of November 2, 2026, XDIV manages $6.74 B in assets, while PDC manages $1.05 B. XDIV is the larger fund by AUM.
How are XDIV and PDC managed?
XDIV is passively managed by iShares. It tracks the MSCI Canada High Dividend Yield 10% Security Capped Net Total Return Index - CAD benchmark. PDC is passively managed by CI. It tracks the NASDAQ Select Canadian Dividend Total Return Index - CAD benchmark.
What sectors do XDIV and PDC emphasize?
XDIV is most exposed to Finance, Energy, and Utilities. PDC is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: XDIV or PDC?
Year to date, XDIV has seen +$1,705.32 M in net flows, compared with -$62.34 M for PDC. XDIV has attracted more net investor money so far.
How do the fees of XDIV and PDC compare?
XDIV has an expense ratio of 0.11%, while PDC has an expense ratio of 0.54%.
What are the top holdings of XDIV and PDC?
XDIV's largest holdings include Suncor Energy, Inc., The Toronto-Dominion Bank, and Manulife Financial Corp.. PDC's top holdings include The Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce.
Which ETF is more diversified: XDIV or PDC?
XDIV holds 20 securities, while PDC holds 43. On holdings count, PDC is the more diversified portfolio.
Recent articles about XDIV and PDC
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