VS
Compare iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV) vs Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY) to find the best fit for your portfolio. XDIV and VDY provide the same top sector exposures: Financials, Energy, and Utilities. When evaluating costs, XDIV features a management fee (MER) of 0.1%, compared to 0.2% for VDY. Performance-wise, XDIV has returned 11.89% year-to-date with +$635 M in net flows, whereas VDY is at 13.17% with +$947 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
VDY
| AuM | $4,802.68 M | $7,233.80 M |
| Management Fees | 0.10% | 0.20% |
| Exp. ratio | 0.11% | 0.22% |
| Tracking Difference | 1.11% | -0.02% |
Historical performance and flows
As of April 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XDIV | +5.01% | +10.16% | +11.89% | +39.32% | +81.73% |
VDY | +4.88% | +10.33% | +13.17% | +48.47% | +89.54% | |
| Flows | XDIV | +$185 M | +$494 M | +$635 M | +$1,708 M | +$2,754 M |
VDY | +$264 M | +$728 M | +$947 M | +$1,970 M | +$2,982 M |
XDIV vs VDY exposure
Countries
XDIV
Canada
99.74%
VDY
Canada
99.51%
Sectors
XDIV
Financials
44.40%
Energy
30.05%
Utilities
12.04%
Consumer Discretionary
11.40%
VDY
Financials
52.27%
Energy
31.07%
Other
16.66%
As of April 24, 2026
Top 10 Holdings
XDIV
SUNCOR ENERGY
10.68%
TORONTO DOMINION
8.70%
ROYAL BK CANADA
8.50%
MANULIFE-S
8.25%
SUN LIFE FINL
8.23%
FORTIS
6.99%
POWER CORPORATION OF CANADA
6.59%
PEMBINA PIPELINE
6.45%
RESTAURANT BRANDS INTL
6.04%
TOURMALINE OIL
4.36%
VDY
ROYAL BK CANADA
14.07%
TORONTO DOMINION
9.76%
ENBRIDGE
7.35%
CDN NATURAL RESOURCE
6.20%
BANK OF MONTREAL
5.97%
CDN IMPERIAL BK
5.54%
BNS
5.38%
SUNCOR ENERGY
4.95%
TC ENERGY CORP
4.04%
MANULIFE-S
3.60%
Diversification
XDIV
Total weight of top 10 holdings out of 21 total
74.80%
VDY
Total weight of top 10 holdings out of 61 total
66.86%
Characteristics
Compare
XDIV
VDY
| Provider | iShares | Vanguard |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Canada High Dividend Yield 10% Security Capped Net Total Return Index - CAD | FTSE Canada High Dividend Yield Net Tax Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.47% | 3.59% |
| Meets ESG criteria | No | No |
| Inception Date | June 7, 2017 | November 2, 2012 |
Frequently asked questions about XDIV and VDY
Which ETF has performed better year to date: XDIV or VDY?
As of April 24, 2026, XDIV has returned 11.89% year to date, while VDY has returned 13.17%. VDY is ahead on YTD performance.
Which ETF is larger by assets under management: XDIV or VDY?
As of April 24, 2026, XDIV manages $4.80 B in assets, while VDY manages $7.23 B. VDY is the larger fund by AUM.
How are XDIV and VDY managed?
XDIV is passively managed by iShares. It tracks the MSCI Canada High Dividend Yield 10% Security Capped Net Total Return Index - CAD benchmark. VDY is passively managed by Vanguard. It tracks the FTSE Canada High Dividend Yield Net Tax Index - CAD benchmark.
What sectors do XDIV and VDY emphasize?
XDIV is most exposed to Financials, Energy, and Utilities. VDY is most exposed to Financials, Energy, and Utilities.
Which ETF is attracting more investor flows: XDIV or VDY?
Year to date, XDIV has seen +$634.81 M in net flows, compared with +$947.27 M for VDY. VDY has attracted more net investor money so far.
How do the fees of XDIV and VDY compare?
XDIV has an expense ratio of 0.11%, while VDY has an expense ratio of 0.22%.
What are the top holdings of XDIV and VDY?
XDIV's largest holdings include SUNCOR ENERGY, TORONTO DOMINION, and ROYAL BK CANADA. VDY's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and ENBRIDGE.
Which ETF is more diversified: XDIV or VDY?
XDIV holds 21 securities, while VDY holds 58. On holdings count, VDY is the more diversified portfolio.
Recent articles about XDIV and VDY
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.