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Compare iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV) vs CI RAFI Canadian Index ETF (PXC) to find the best fit for your portfolio. XDIV provides Finance, Energy, and Utilities exposures, while PXC is primarily weighted in Finance, Energy, and Non-Energy Materials. When evaluating costs, XDIV features a management fee (MER) of 0.1%, compared to 0.45% for PXC. Performance-wise, XDIV has returned 28.77% year-to-date with +$1 B in net flows, whereas PXC is at 22.1% with +$37 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
PXC
| AuM | $6,312.78 M | $263.78 M |
| Management Fees | 0.10% | 0.45% |
| Exp. ratio | 0.11% | 0.51% |
| Tracking Difference | 1.00% | 0.11% |
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% |
PXC | -1.05% | +3.94% | +22.10% | +33.50% | +102.88% | |
| Flows | XDIV | +$149 M | +$477 M | +$1,457 M | +$1,964 M | +$3,527 M |
PXC | +$3 M | +$3 M | +$37 M | +$37 M | -$45 M |
XDIV vs PXC exposure
Countries
XDIV
Canada
95.43%
PXC
Canada
98.14%
Sectors
XDIV
Finance
47.81%
Energy
28.87%
Utilities
9.39%
Other
13.94%
PXC
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%
PXC
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%
PXC
Total weight of top 10 holdings out of 101 total
51.03%
Characteristics
Compare
XDIV
PXC
| Provider | iShares | CI |
| 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% | 2.14% |
| Meets ESG criteria | No | No |
| Inception Date | June 7, 2017 | January 26, 2012 |
Frequently asked questions about XDIV and PXC
Which ETF has performed better year to date: XDIV or PXC?
As of September 18, 2026, XDIV has returned 28.77% year to date, while PXC has returned 22.10%. XDIV is ahead on YTD performance.
Which ETF is larger by assets under management: XDIV or PXC?
As of September 18, 2026, XDIV manages $6.31 B in assets, while PXC manages $263.78 M. XDIV is the larger fund by AUM.
How are XDIV and PXC managed?
XDIV is passively managed by iShares. It tracks the MSCI Canada High Dividend Yield 10% Security Capped Net Total Return Index - CAD benchmark. PXC is passively managed by CI. It tracks the RAFI Fundamental Select Canada 100 Index - CAD benchmark.
What sectors do XDIV and PXC emphasize?
XDIV is most exposed to Finance, Energy, and Utilities. PXC is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: XDIV or PXC?
Year to date, XDIV has seen +$1,456.93 M in net flows, compared with +$37.20 M for PXC. XDIV has attracted more net investor money so far.
How do the fees of XDIV and PXC compare?
XDIV has an expense ratio of 0.11%, while PXC has an expense ratio of 0.51%.
What are the top holdings of XDIV and PXC?
XDIV's largest holdings include Manulife Financial Corp., Royal Bank of Canada, and The Toronto-Dominion Bank. PXC'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 PXC?
XDIV holds 21 securities, while PXC holds 100. On holdings count, PXC is the more diversified portfolio.
Recent articles about XDIV and PXC
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